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Philippines Moots Digital Tax

by Mary Swire, Tax-News.com, Hong Kong

Thursday, May 28, 2020

A proposal has been put forward for a digital services tax regime in the Philippines. Read Full Story

 


US House Passes COVID-19 Stimulus Bill With Tax Measures

by Mike Godfrey, Tax-News.com Washington

Thursday, May 28, 2020

On May 15, 2020, the United States House of Representatives approved the HEROES Act, which amends previous COVID-19-related stimulus legislation by changing loss carryback rules and providing further tax support for businesses and individuals. Read Full Story

 


Bill Would Exclude US Territories, Possessions From GILTI Regime

by Mike Godfrey, Tax-News.com Washington

Friday, May 15, 2020

On May 4, 2020, a bill was introduced in the United States House of Representatives to limit the impact of the Global Intangible Low Tax Income regime on businesses based in US territories and possessions. Read Full Story

 


Poland Extends TP Documentation Deadlines In COVID-19 Response

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 17, 2020, the President of Poland signed legislation into law to extend transfer pricing documentation deadlines, as part of a package of additional COVID-19 economic support measures. Read Full Story

 


OECD Publishes Comments On Gig Economy Reporting Framework

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

The OECD has published the comments it has received on a proposal for a framework of Model Rules for sharing and gig economy platforms to report the activities of their users, to support tax authorities to ensure the collection of tax. Read Full Story

 


UK Digital Tax Guidance Needed On Scope, Liability: CIOT

by Jason Gorringe, Tax-News.com, London

Friday, May 1, 2020

The Chartered Institute of Taxation has called on the UK Government to clarify questions remaining about the UK's Digital Services Tax, which became effective this month. Read Full Story

 


COVID-19: Austria Exempts Employee Bonuses From Tax

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

The Austrian parliament has approved measures to exempt allowances and bonuses paid to employees from all taxes as part of the Government's economic response to the COVID-19 crisis. Read Full Story

 


OECD Releases Cross-Border Int'l Tax Guidance On COVID-19 Issues

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

The OECD has released guidance for national policymakers on the impact of COVID-19 on the treatment of cross-border workers and the interpretation of international tax treaty rules. Read Full Story

 


US Senate Passes 'Phase Three' COVID-19 Aid Package

by Mike Godfrey, Tax-News.com Washington

Monday, March 30, 2020

On March 25, 2020, the United States Senate overwhelmingly approved the Coronavirus Aid, Relief, and Economic Security Act, which represents the third package of financial aid measures to businesses and individuals affected by the coronavirus crisis and which includes numerous tax provisions to support businesses. Read Full Story

 


Hong Kong Announces Tax Credit Handout In 2020 Budget

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 3, 2020

Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. Read Full Story

 

 

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