trade News

UK, Mexico Sign Continuity Trade Deal
by Jason Gorringe, Tax-News.com, London
Tuesday, December 22, 2020
On December 15, 2020, the UK and Mexico signed a trade continuity agreement that will apply when the Brexit transition period ends. Read Full Story

UK, Canada Sign Post Brexit Continuity Agreement
by Mike Godfrey, Tax-News.com, Washington
Thursday, December 10, 2020
Canada and the UK have formally signed a post-Brexit trade continuity agreement that will apply from January 1, 2021. Read Full Story

Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Read Full Story

UK, Canada Sign Post-Brexit Continuity Trade Deal
by Jason Gorringe, Tax-News.com, London
Monday, November 30, 2020
Canada and the UK have announced the successful conclusion of negotiations on an interim trade agreement, which will be in place as they work toward a comprehensive post-Brexit free trade deal. Read Full Story

OECD Indicates New Focus On Virtual Currency Tax Issues
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, October 20, 2020
The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. Read Full Story

France Allowing Companies Three More Months To Pay Property Tax
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, October 20, 2020
France has extended the October 15 property tax payment deadline for businesses affected by measures to contain COVID-19. Read Full Story

UAE Explains Updated Economic Substance Rules
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, October 5, 2020
The United Arab Emirates Ministry of Finance has highlighted changes made to the territory's rules on economic substance. Read Full Story

UK Releases Construction VAT Reverse Charge Guidance
by Jason Gorringe, Tax-News.com, London
Monday, October 5, 2020
On September 24, 2020, HM Revenue and Customs released in-depth guidance on the introduction of the VAT reverse charge mechanism on the supply of building or construction services. Read Full Story

UAE To Further Expand Digital Tax Stamps Regime
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, September 14, 2020
The United Arab Emirates has set out its plans to expand its tax stamps regime for the marking of tobacco products. Read Full Story

UK Treasury Rules Out Digital Tax Repeal
by Jason Gorringe, Tax-News.com, London
Monday, August 31, 2020
The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. Read Full Story
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