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Ireland Issues Guidance On New Anti-Hybrid Mismatch Rules

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The Irish Government has released additional guidance on its proposals for new anti-hybrid rules, responding to feedback to a consultation launched in November 2018. Read Full Story

 


Polish Lower House Approves VAT Split Payment Rules

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

On July 19, 2019, the lower house of the Polish parliament, the Sjem, approved legislation to introduce a mandatory value-added tax split payment mechanism on certain supplies and to reduce rates of VAT on numerous goods and services, including electronic publications. Read Full Story

 


UK To Proceed With Plans For Plastics Tax

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The UK Government has confirmed that it will proceed with its plans to introduce a plastics packaging tax. Read Full Story

 


Spain To Press Ahead With Digital Tax

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

Spain's acting Economy Minister, Nadia Calvino, said the Government will seek approval of legislation to introduce a digital services tax at the earliest opportunity. Read Full Story

 


UK Shelves Plans For Surcharge On Overseas UK Property Buyers

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The UK Government has dropped inclusion in the upcoming Finance Bill of a new one percent stamp duty land tax (SDLT) surcharge on non-UK residents purchasing residential property in England and Northern Ireland. Read Full Story

 


Costa Rica Did Not Repeal Sales Tax Exemptions In New VAT Law: AG

by Mike Godfrey, Tax-News.com, Washington

Thursday, July 25, 2019

Costa Rica's Attorney General has released an opinion confirming that legislation providing for exemptions under the sales tax regime, which was replaced with VAT from July 1, 2019, remain in force and valid under the VAT regime. Read Full Story

 


Polish Government Approves Income Tax Cut For Low Earners

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

On July 16, 2019, the Polish Government adopted draft legislation to reduce the lowest personal income tax bracket by one percent to 17 percent. Read Full Story

 


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

 

 

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