public sector News

Italy To Extend VAT Split Payment Mechanism For B2G Supplies
by Ulrika Lomas, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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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