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Italy To Extend VAT Split Payment Mechanism For B2G Supplies

by Ulrika Lomas,, Brussels

Friday, July 31, 2020

On July 24, 2020, a Council Implementing Decision was published in the official journal of the European Union authorizing the extension of Italy's value-added tax split payment mechanism scheme, applicable to contracts with public sector entities. Read Full Story


UK's IR35 Reforms Delayed For One Year

by Jason Gorringe,, London

Monday, March 30, 2020

The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak. Read Full Story


UK Sets Out Upcoming VAT Reform Initiatives

by Jason Gorringe,, London

Friday, April 5, 2019

The UK's Chancellor, Philip Hammond, delivering the Spring Statement earlier this month, announced a number of upcoming VAT reform projects. Read Full Story


New Finland-Spain Tax Treaty Effective 2019

by Ulrika Lomas,, Brussels

Wednesday, May 23, 2018

A new tax treaty between Finland and Spain, which will broaden the Finnish Government's taxing rights with respect to pension income, will be effective from 2019, according to the Finnish Ministry of Finance. Read Full Story


UK Mulling Extending Recent IR35 Reforms To Private Sector

by Jason Gorringe,, London

Tuesday, May 22, 2018

On May 18, 2018, the UK Government launched a consultation on enhancing rules surrounding "off-payroll" working (the IR35 rules), to ensure that contractors who work through their own company pay the right tax. Read Full Story


Sparce Fiscal Room For Irish Budget Tax Cuts

by Jason Gorringe,, London

Thursday, April 19, 2018

The Irish Government will have limited fiscal space available for either tax cuts or new spending measures in its next Budget, according to its latest Stability Programme Update. Read Full Story


First Chinese 'Environment Tax' Reports Due April 1

by Mary Swire,, Hong Kong

Tuesday, March 6, 2018

About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month. Read Full Story


Tax-Related Identity Theft Down 40 Percent, IRS Says

Mike Godfrey,, Washington

Tuesday, February 13, 2018

The Internal Revenue Service has announced steep declines in tax-related identity theft in 2017, attributing the success to its Security Summit initiative, a private-public sector partnership formed in 2015 to combat identity theft. Read Full Story


Fraud At Record Levels, New BDO Report Says

by Jason Gorringe,, London

Tuesday, January 16, 2018

BDO, the accountancy and business advisory firm, has released a report into the rapidly growing issue businesses and governments face with fraud, including tax fraud. Read Full Story


Guyana Announces Tax Amnesty In 2018 Budget

by Mike Godfrey,, Washington

Thursday, November 30, 2017

Guyana's Minister of Finance, Winston Jordan, has announced a tax amnesty and tax cuts in the territory's recent 2018 budget. Read Full Story



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