trade News

Exporters Urge Int'l Reform To Simplify VAT Compliance

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 41 hours ago | Friday, September 20, 2019

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization. Read Full Story

Greek PM Outlines Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

Greek Prime Minister Kyriakos Mitsotakis recently confirmed the Government's intention to proceed with numerous tax reduction measures, including a cut in corporate tax. Read Full Story

Brazil Requires Disclosure Of Cryptocurrency Trades

by Mike Godfrey, Tax-News.com, Washington

Friday, September 13, 2019

Brazilian virtual currency users, traders, and exchanges are required to disclose details of significant transactions for the first time. Read Full Story

Poland Said To Have Ditched Plans For Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

According to a recent comment by United States Vice President Mike Pence, the Polish Government has decided not to proceed with a national digital services tax. Read Full Story

OECD Says Pace Of Global Tax Reform Has Slowed

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 5, 2019

The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges. Read Full Story

Glencore Wins AUD92m Transfer Pricing Case In Australia

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

Thursday, September 5, 2019

Australia's Federal Court issued a decision in favor of mining company Glencore on September 3, 2019. The case centered on whether dealings between Swiss parent Glencore International AG and an Australian subsidiary breached transfer pricing rules in relation to the sale and purchase of copper concentrate in the 2007-09 years. Read Full Story

HMRC Schedules Webinars On New Construction Services Reverse Charge

by Jason Gorringe, Tax-News.com, London

Thursday, August 29, 2019

The UK tax agency has announced that it has scheduled two new webinars to support the construction industry to come to terms with the new VAT reverse charge being introduced on building and construction services from October 1. Read Full Story

EFTA And Mercosur Blocs Conclude Free Trade Deal

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, August 29, 2019

The European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland) and the Mercosur group of countries (Argentina, Brazil, Paraguay, and Uruguay) concluded in substance a broad-based free trade agreement at the tenth round of negotiations from August 20 to 23, 2019. Read Full Story

US And France Nearing Digital Tax Compromise

by Ulrika Lomas, Tax-News.con, Brussels

Friday, August 30, 2019

The Governments of France and the United States are reportedly close to settling a dispute surrounding France's digital services tax. Read Full Story

UK Lists Instructions For Traders On Brexit

by Jason Gorringe, Tax-News.com, London

Friday, August 30, 2019

HM Revenue and Customs has written to VAT-registered businesses that trade with the EU, advising them on how to prepare for changes to customs, excise, and VAT in the event of a no-deal Brexit. Read Full Story

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