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UK To Offer Expanded Annual Investment Allowance Until 2022

by Jason Gorringe, Tax-News.com, London

Tuesday, November 17, 2020

The UK Government has announced that the temporary GBP1m (USD1.31m) cap for the Annual Investment Allowance (AIA) will be extended until January 1, 2022. Read Full Story

 


Cayman Tables Law For Digital Asset Business Regime

by Jason Gorringe, Tax-News.com, London

Tuesday, November 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). Read Full Story

 


UAE Explains Updated Economic Substance Rules

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, October 5, 2020

The United Arab Emirates Ministry of Finance has highlighted changes made to the territory's rules on economic substance. Read Full Story

 


Cyprus Adds To Guidance On Calculation Of NIDs

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 29, 2020

The Cyprus Tax Department has released ten-year government bond yield rates for five new territories, to support businesses in calculating claims for Cyprus's Notional Interest Deduction. The rates are for Bermuda, Denmark, Jordan, Portugal, and Switzerland. Read Full Story

 


Netherlands Cancels Corporate Tax Rate Cut

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan. Read Full Story

 


Switzerland To Add Anti-BEPS Provisions To Two Treaties

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 9, 2020

On August 26, 2020, the Swiss Federal Council ratified a new double taxation agreement with Bahrain and a Protocol to revise its DTA with Kuwait. Read Full Story

 


Belgium Redrafts Tax Form For New COVID-19 Tax Break

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, August 18, 2020

The Belgian Government has released a new form for SME corporate taxpayers to access tax reliefs for investments, which were enhanced in response to COVID-19. Read Full Story

 


OECD Releases New Action 14 Peer Review Reports

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 31, 2020

The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. Read Full Story

 


German Parliament Approves COVID-19 Tax Package

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 3, 2020

Both houses of the German parliament have now approved the EUR130bn (USD146bn) COVID-19 economic stimulus plan, which includes numerous tax relief measures. Read Full Story

 


COVID-19: Austria To Bring Forward Individual Income Tax Cut

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

Austrian Finance Minister Gernot Blumel said on June 16, 2020, that elements of an income tax cut package agreed by the governing coalition earlier this year will be brought forward as part of a post-COVID-19 economic stimulus package. Read Full Story

 

 

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