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Chile Extends Deadline For September VAT Returns

by Mike Godfrey, Tax-News.com, Washington

Monday, October 28, 2019

Chile's tax agency on October 21, 2019, announced that it will waive penalties, interest, and surcharges for value-added taxpayers who file September 2019's monthly return by the end of the month. Read Full Story

 


Italian Government Approves Draft Budget

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 18, 2019

On October 16, 2019, the Italian Council of Ministers approved the draft Budget law for 2020, which will prevent an automatic rise in the rate of value-added tax, and includes further measures designed to combat tax avoidance and evasion. Read Full Story

 


Irish Tax Investigations Typically Last Almost A Year

by Jason Gorringe, Tax-News.com, London

Friday, October 18, 2019

Ireland's Comptroller and Auditor General has released a new report on the Irish Revenue's compliance activities during 2018, and its efforts to improve how it interacts with taxpayers since a review in 2012. Read Full Story

 


Chile To Ease Penalties, Interest For Paid Tax Debts

by Mike Godfrey, Tax-News.com, Washington

Friday, September 20, 2019

Chile's Minister of Finance on September 17, 2019, announced the launch of a tax amnesty for businesses and individuals with outstanding tax debts, which will offer reduced penalties and interest. Read Full Story

 


IRS Offers Settlement Scheme To Micro-Captives

by Mike Godfrey, Tax-News.com Washington

Friday, September 20, 2019

On September 16, 2019, the United States Internal Revenue Service announced the mailing of a time-limited settlement offer for certain taxpayers under audit who participated in abusive micro-captive insurance transactions. Read Full Story

 


Saudi Arabia Begins Requesting Local, Master File

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, September 20, 2019

The General Authority of Zakat and Tax (GAZT) in Saudi Arabia published final transfer pricing by-laws, including transfer pricing documentation requirements proposed under the OECD's 2013 Base Erosion and Profit Shifting (BEPS) Action 13 Plan, on February 15, 2019. GAZT has now begun formally requesting the submission of specific transfer pricing documentation, in relation to the fiscal year ending December 31, 2018. Read Full Story

 


Panama Strengthens New Law Criminalizing Tax Evasion

by Mike Godfrey, Tax-News.com, Washington

Friday, September 13, 2019

Panama's Cabinet Council has approved a proposed legislative amendment to enable the country to more effectively penalize repeat tax evaders. Read Full Story

 


Indonesia To Ease Tax Penalties

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

Friday, September 13, 2019

The Indonesian Government has announced that it will relax the penalties it applies to underpaid tax, in a bid to boost compliance. Read Full Story

 


Deadlines For Colombian Tax Amnesties This Month

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 5, 2019

Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties. Read Full Story

 


Czech Republic Sets Out Electronic Tax Administration Plans

by Ulrika Lomas, Tax-News.con, Brussels

Friday, August 30, 2019

The Czech Ministry of Finance on August 26 announced that it intends to digitalize many tax procedures. Read Full Story

 

 

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