Turkey Temporarily Reduces VAT Rates

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, August 7, 2020

On July 31, 2020, a presidential decree was published in Turkey's official gazette providing for a temporary value-added tax cut across numerous sectors. Read Full Story

EU To Amend VAT Rules For Trade With Northern Ireland

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 7, 2020

The European Commission has proposed changes to the EU's VAT rules in respect of Northern Ireland, in preparation for the end of the Brexit transition period with the UK. Read Full Story

UAE Sets Out COVID-19 VAT Input Tax Recovery Rules

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, July 31, 2020

The United Arab Emirates Federal Tax Authority has released a statement clarifying value-added tax input tax recovery for COVID-19-related expenses. Read Full Story

UK Considering New Online Sales Tax

by Jason Gorringe, Tax-News.com, London

Friday, July 31, 2020

Alongside a review into the reform of the business rates system (commercial property tax) in the UK, the Government is looking at possible taxes that could replace or supplement the regime, including a new tax on online sales. Read Full Story

UAE Issues VAT Guidance On Exported Services

by Jason Gorringe, Tax-News.com, London

Friday, July 24, 2020

The United Arab Emirates' Federal Tax Authority has released VAT Public Clarification no. 019, clarifying the rules surrounding the zero-rating of exported services. Read Full Story

US Businesses Urge Against Starting A Digital Tax 'Trade War'

by Mike Godfrey, Tax-News.com, Washington

Friday, July 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses. Read Full Story

Germany Issues FAQs On Temporary VAT Cut

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 17, 2020

On July 16, 2020, the German Ministry of Finance posted answers to frequently asked questions on its website with regards to the temporary value-added tax cut. Read Full Story

J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime

by Mike Godfrey, Tax-News.com Washington

Friday, July 17, 2020

On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud. Read Full Story

US Announces Tariffs On French Goods In Response To DST

by Mike Godfrey, Tax-News.com Washington

Friday, July 17, 2020

The Office of the US Trade Representative has announced that the US will impose additional duties of 25 percent on imports of certain French products from next year in response to the country's decision to introduce a digital services tax. Read Full Story

German EU Presidency Releases Tax Agenda

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 10, 2020

The newly instated German presidency of the European Union will focus on introducing internationally agreed tax rules for digital companies, according to the presidency's policy agenda. Read Full Story

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