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Switzerland, Bahrain Sign DTA

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 2, 2019

On November 25, 2019, Switzerland and Bahrain signed a double tax agreement that caps maximum withholding tax rates and provides for the exchange of information. Read Full Story

 


UAE To Refund VAT Incurred On House Construction Works

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

Monday, December 2, 2019

Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home. Read Full Story

 


Turkish Parliament Approves New Top Tax Rate, Digital Services Tax

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

Tuesday, November 26, 2019

Turkey will increase taxes on higher earners and introduce a new tax on digital services. Read Full Story

 


Slovenian Lawmakers Approve Corporate Minimum Tax Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 15, 2019

On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes. Read Full Story

 


Nine EU Finance Ministers Call For Green Tax On Aviation

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 26, 2019

Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax. Read Full Story

 


OECD Releases Minimum Tax Plan To Solve Digital Tax Issues

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 15, 2019

The OECD on November 8, 2019, released its plans for a minimum tax on corporate profits, which is one element of a two-pronged approach to solving the tax challenges arising from the digitalization of the economy. Read Full Story

 


New Zealand Tops World Bank's 'Doing Business' 2020

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

Friday, November 8, 2019

New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world. Read Full Story

 


Warren Announces US Corporate Tax And Wealth Tax Plans

by Mike Godfrey, Tax-News.com Washington

Friday, November 8, 2019

On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. Read Full Story

 


OECD Explains New Disclosure Req's For No Or Low Tax States

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 8, 2019

The OECD has released guidance on new information reporting obligations for territories that levy no or only nominal rates of corporate tax, as part of its work on BEPS Action 5, covering harmful tax practices. Read Full Story

 


IMF: Mexico Needs Comprehensive Tax Reform

by Mike Godrey, Tax-News.com, Washington

Friday, October 18, 2019

The IMF has said that a top priority for Mexico should be to raise non-oil tax revenues while making the tax system more progressive. Read Full Story

 

 

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