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UAE Introduces CbC Reporting, Economic Substance Rules

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, July 16, 2019

The UAE has recently passed legislation to introduce new country-by-country reporting requirements and new economic substance requirements. Read Full Story

 


Brazil To Align Transfer Pricing Rules With OECD Guidelines

by Mike Godfrey, Tax-News.com, Washington

Tuesday, July 16, 2019

The OECD and Brazil's Receita Federal issued a joint statement at an event on July 11, 2019, to present the outcomes of a 15-month work program carried out by OECD and the RFB on Brazil's transfer pricing rules and the options for aligning them with the OECD's guidelines. Read Full Story

 


New Greek Government Planning Deep Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, July 16, 2019

Following its recent election victory, the New Democratic Government in Greece will bring forward legislation for a wide range of tax cuts, including a substantial reduction in corporate tax and value-added tax relief, Prime Minister Kyriakos Mitsotakis announced on July 7, 2019. Read Full Story

 


Malaysia Explains New Cap On Interest Expense Deductions

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

Tuesday, July 16, 2019

The Inland Revenue Board of Malaysia has released new guidance on restrictions to the deductibility of interest expenses. Read Full Story

 


Hungarian Lawmakers To Decide On Tax Cuts Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

Hungary's 2020 Budget law is before parliament for approval. Most tax-related proposals would become effective from the start of 2020. Read Full Story

 


Canada Ratifies BEPS MLI

by Mike Godfrey, Tax-News.com, Washington

Friday, July 5, 2019

On June 21, 2019, Canada ratified the BEPS multilateral convention, to introduce amendments to its network of tax treaties to prevent abuse. Read Full Story

 


US Congress Passes IRS Reform Bill

by Mike Godfrey, Tax-News.com, Washington

Friday, June 21, 2019

On June 13, 2019, the US Senate approved the Taxpayer First Act, which is intended to overhaul the Internal Revenue Service and strengthen taxpayer rights. Read Full Story

 


Finland Launches Consultation On EU Exit Tax

by Ulrika Lomas, Tax-News.con, Brussels

Friday, June 21, 2019

On June 14, 2019, the Finnish Ministry of Finance launched a consultation on draft exit tax legislation. Read Full Story

 


US House Passes IRS Reform Bill

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 13, 2019

On June 10, 2019, the United States House of Representatives approved legislation which would reform the rules governing the Internal Revenue Service. Read Full Story

 


New Zealand Tweaking GST Rule Changes For Offshore Suppliers

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

Thursday, June 13, 2019

New Zealand's Finance and Expenditure Committee has recommended changes to legislation that would introduce a new requirement for offshore suppliers to collect GST on low-value goods supplied to New Zealand-based consumers. Read Full Story

 

 

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