withholding tax News

OECD Welcomes Dutch Efforts To Counter BEPS

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

The OECD has welcomed efforts by the Dutch Government to tackle base erosion and profit shifting but called for the overall tax regime to be simplified, including in area of value-added tax. Read Full Story

France Exits EU's Excessive Deficit Procedure

by Ulrika Lomas, Tax-News.com, Brussels

Sunday, July 1, 2018

France has made adequate fiscal consolidation efforts to exit the EU's excessive deficit procedure, the EU Council recently agreed, while calling on Hungary and Romania to adopt tax or expenditure measures to shore up their finances. Read Full Story

Mauritius Announces Company Tax Reforms In New Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

Mauritius announced wide-ranging changes to its tax regime in its latest Budget, including for companies. Read Full Story

Thailand Introduces Virtual Currency Trading Tax Rules

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

Tuesday, May 22, 2018

In a last-minute change ahead of the implementation of new tax rules for virtual currency trading, Thai lawmakers agreed that virtual currency trading on regulated exchanges should be exempt from value-added tax. Read Full Story

Ireland Issues Tax Guidance On Peer-To-Peer Lending

by Jason Gorringe, Tax-News.com, London

Tuesday, May 22, 2018

The Irish Revenue has published new guidelines on the withholding tax obligations of companies paying interest on finance raised through peer-to-peer lending or crowdfunding campaigns. Read Full Story

Australia Provides Update On International Tax Enforcement

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

Wednesday, April 4, 2018

In comments to the TPMinds International Conference in late March, Deputy Commissioner Mark Konza outlined the Australia Taxation Office's priorities in the area of international tax enforcement, with an especial focus to be placed on the energy and resources sector and pharmaceutical industry. Read Full Story

Sweden To Review Transactions With States On EU's Tax Black List

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 20, 2018

The Swedish Government has directed the tax agency to review transactions with jurisdictions placed on the European Union's black list of non-cooperative territories in the area of taxation. Read Full Story

India, Hong Kong Sign Double Tax Deal

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

Tuesday, March 20, 2018

Hong Kong and India on March 19 signed an agreement to avoid double taxation and limit withholding tax rates on passive income at source. Read Full Story

Chile To Reform Corporate Tax

by Mike Godfrey, Tax-News.com, Washington

Tuesday, March 20, 2018

Chilean President Sebastian Pinera, who began his second stint as the country's leader on March 11, has indicated that the Government will reform corporate taxation. Read Full Story