legislation News

Exporters Urge Int'l Reform To Simplify VAT Compliance

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 41 hours ago | Friday, September 20, 2019

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization. Read Full Story

Netherlands Planning Slower But Deeper Corporate Tax Cut

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 41 hours ago | Friday, September 20, 2019

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts. Read Full Story

Netherlands To Reduce Tax On Savings Income

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

On September 6, 2019, the Dutch Ministry of Finance announced proposals to reforms the tax rules for savings income. Read Full Story

Poland Said To Have Ditched Plans For Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

According to a recent comment by United States Vice President Mike Pence, the Polish Government has decided not to proceed with a national digital services tax. Read Full Story

Ireland Sets Out Plans For Transfer Pricing Regime Changes

by Jason Gorringe, Tax-News.com, London

Thursday, September 5, 2019

Ireland has released a responses document on an ongoing consultation on an update to the country's transfer pricing rules. Read Full Story

OECD Helping States Make Most Of New CbC Data

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 5, 2019

Following the first exchanges of country-by-country (CbC) reports, work is underway to support the effective use of CbC reports by tax administrations in assessing transfer pricing and other BEPS-related risks, the OECD has said, in releasing a new progress update. Read Full Story

Czech Republic Drafts Digital Services Tax Law

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, September 5, 2019

On September 5, 2019, the Government of the Czech Republic received from the Ministry of Finance draft legislation for the introduction of a temporary digital services tax, which was first announced in April 2019. Read Full Story

Chile's Chamber Of Deputies Approves Tax Reform Law

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 5, 2019

Chile's Chamber of Deputies approved at the end of August legislation to comprehensively reform the tax system, as set out in Bulletin 12043. Read Full Story

Filipino Financial Services Tax Reforms Clear First Hurdle

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

Friday, August 30, 2019

The Philippines' House Committee On Ways and Means has approved a Bill that would overhaul the rates in place on financial services and passive income. Read Full Story