tax compliance News
Australian Tax Agency Announces Virtual Currency Tax Focus
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, June 9, 2021
The Australian Taxation Office has expressed its concern that some taxpayers do not fully understand the tax implications of cryptocurrency gains. Read Full Story
EFTA States' Tax Rulings Receive The All-Clear
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, June 9, 2021
The EFTA Surveillance Authority has closed its investigations into the tax ruling practices of Iceland, Liechtenstein, and Norway, without finding any evidence of state aid infringements. Read Full Story
Hong Kong Issues Tax Returns For Individuals
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, May 12, 2021
On May 3, 2021, the Hong Kong Inland Revenue Department issued over 2.62 million tax returns for individuals for the year of assessment 2020-21. Read Full Story
EU Committed To Boosting Tax Take From Digital Economy
by Ulrika Lomas, Tax-News.com, Brussels
Friday, March 19, 2021
The EU is willing to move ahead with its own proposals on taxing the digital economy if an agreement is not reached at an international level, according to the current EU Council presidency. Read Full Story
Singapore Explains Changes To 2021 Tax Filing Rules
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, March 3, 2021
The Inland Revenue Authority of Singapore has said that it will be sending tax bills directly to certain taxpayers this tax filing season and will be simplifying filing arrangements for the self-employed. Read Full Story
Singapore Updates Tax Rules For Company Liquidations
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, March 3, 2021
The Inland Revenue Authority of Singapore has updated its guidance on the tax requirements for companies being liquidated and those under receivership. Read Full Story
Jersey Launches Individual Tax Season
by Jason Gorringe, Tax-News.com, London
Wednesday, January 13, 2021
The Jersey Government has announced that islanders can now file their 2020 tax return and has issued advice to Prior Year Basis (PYB) taxpayers that have been moved to the Current Year Basis (CYB) for paying income tax. Read Full Story
Switzerland, Italy Agree Tax Deal For Frontier Workers
by Ulrika Lomas, Tax-News.com, Brussels
Friday, January 1, 2021
On December 23, 2020, Switzerland and Italy signed a new agreement on the taxation of cross-border commuters and an amendment to their existing double taxation agreement. Read Full Story
EU Seeking Sanctions Against UK Over Tax Rules On Marked Fuels
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
The EU has referred the UK to the Court of Justice over its failure to comply with EU rules on marked fuel. Read Full Story
EU Pressures Italy To End Tax Exemptions For Ports
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
On December 4, 2020, the European Commission said that Italy must abolish its corporate tax exemptions for ports in order to align its tax regime with EU state aid rules. Read Full Story
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