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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