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NZ Requests Input On Design Of New Digital Services Tax

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

Wednesday, June 5, 2019

New Zealand's Inland Revenue has launched a consultation seeking feedback on the design of a new digital services tax (DST). Read Full Story

 


Switzerland, Iran Sign DTA Protocol

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

Switzerland and Iran have signed a protocol to their double tax agreement that will bring it into line with international standards. Read Full Story

 


Luxembourg Ministers Endorse EU VAT 'Quick Fixes'

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

Luxembourg's Government Council, comprising government ministers, has approved legislative changes to the territory's VAT regime to introduce the four quick fixes to improve the functioning of VAT rules in the European Union. Read Full Story

 


Czech Republic Announces Anti-Avoidance Measures

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

The Czech Ministry of Finance announced on May 31, 2019, a legislative package to implement the European Union directive on the mandatory reporting of tax planning arrangements and the EU VAT "quick fixes." Read Full Story

 


Hungary Announces Tax Cut Plan

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

On May 31, 2019, the Hungarian Ministry of Finance announced numerous tax cuts as part of an economic growth plan. Read Full Story

 


BEPS Inclusive Framework States Agree Digital Tax Roadmap

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

The 129 member states party to the OECD's Inclusive Framework on Base Erosion and Profit Shifting has agreed a work program on how to achieve a new global agreement for taxing multinational enterprises, by resolving the tax challenges from the digitalization of the economy. Read Full Story

 


Bahamas Announces VAT, Bank Tax Reforms In New Budget

by Mike Godfrey, Tax-News.com, Washington

Wednesday, June 5, 2019

The Bahamas announced a number of significant reforms in its 2019/20 Budget, released on May 29, 2019, including a new tax on banks, which will replace annual fees, and new VAT obligations on online marketplaces and the removal of VAT on exported services. Read Full Story

 


South African Carbon Tax Introduced On June 1

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, June 5, 2019

On May 26, 2019, South African President Cyril Ramaphosa signed into law the Carbon Tax Act No 15 of 2019, which came into effect on June 1, 2019, as announced by the Minister of Finance in the 2019 Budget. Read Full Story

 


Poland Launches Consultation On VAT Split Payment Mechanism

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

On May 16, 2019, Poland's Ministry of Finance launched a public consultation on proposals to introduce a VAT split payment mechanism on a mandatory basis for certain suppliers. Read Full Story

 


Switzerland To Expand AEOI Network

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

The Swiss Federal Council has adopted a dispatch on the introduction of the automatic exchange of financial account information with a further 19 partner states. Read Full Story

 

 

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