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value added tax (VAT) News




OECD Proposes Harmonized Gig Economy Reporting Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The OECD on February 19, 2020, released a proposal for a framework for sharing and gig economy platforms to report the activities of their users. Read Full Story

 


EU Green Lights E-Commerce Transaction Reporting Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The European Council has approved new rules for the exchange of VAT payment data relating to cross-border e-commerce transactions. Read Full Story

 


Nigeria To Tackle Profit Shifting By Multinationals

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, February 20, 2020

Nigeria's Federal Inland Revenue Service is comprehensively reform its operations to tackle "illicit profit shifting" by multinational companies operating in Nigeria. Read Full Story

 


European Parliament Seeks Aligned EU-UK Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

Members of the European Parliament want the EU and UK to reach an ambitious new free trade agreement, but have stressed that there must be a "level playing field." Read Full Story

 


Malta Told To Amend VAT Rules For Yacht Leasing

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The European Commission has again asked Malta to amend its method for calculating VAT on yacht leasing. Read Full Story

 


Germany Urged To Ensure Data Sharing On Call-Off Stock Arrangements

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

Germany's IT systems are not ready for the VAT "quick fix" simplifications that entered into force on January 1, 2020, according to the European Commission. Read Full Story

 


Indonesia Tables Legislation For Comprehensive Tax Reform

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

Thursday, February 20, 2020

Indonesia has reportedly tabled draft legislation in the House of Representatives to make wide-ranging changes to the tax system, including lowering the corporate tax rate and modernizing rules for digital economy players. Read Full Story

 


Italy Releases Tax Forms And Instructions For 2020

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

On January 31, 2020, the Italian Revenue Agency released instructions on how companies, individuals, corporate groups, and partnerships can comply with their tax return filing obligations during 2020. Read Full Story

 


EU To Soon Launch Tax And Trade Talks With UK

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

The European Commission has taken the first step toward negotiating a new relationship with the UK by issuing a recommendation to the European Council that the talks should commence. Read Full Story

 


Belgium Urged To Pursue Lower Taxes On Labor

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

Belgium should continue to pursue structural reforms to its tax, labor, and pension systems, a new report from the OECD recommends. Read Full Story

 

 

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