OECD issues welcome guidance on tax treaty issues arising from the COVID‑19 crisis
OECD has released guidelines concerning the COVID-19. Here's more. ... - Continue reading
OECD has released guidelines concerning the COVID-19. Here's more. ... - Continue reading
Residency in Cyprus when you are a UK national. ... - Continue reading
Ireland updates its corporate tax legislations amidst the COVID-19 crisis. ... - Continue reading
Extension until 1st September 2020 for deadlines, and it won't even require an application. ... - Continue reading
On the 8th of April 2020, the Internal Revenue Service (IRS) presented its laws on hybrid arrangements, which would strengthen its efforts against tax avoidance by multinationals. ... - Continue reading
The COVID-19 pandemic has caused countries to review and adjust their tax laws in order to better cope with the changes. Many of those measures can be found in the spreadsheet that the OECD has published. ... - Continue reading
The COVID-19 crisis has caused quite some chaos in the world right now. As we find ourselves homebound, there are also employees trapped in foreign countries to them. In such a case, what happens to the link between tax presence and tax residency? Here is brief discussion. ... - Continue reading
Indonesia and Singapore sign newest double tax avoidance treaty. ... - Continue reading
10,000 income tax returns received by the Federal Board of Bureau during the COVID-19. ... - Continue reading
Restrictions generated from the new pandemic is affecting a whole range of activities. This article focuses on its effects on tax residency in Netherlands. ... - Continue reading
More details on the amended double tax treaty between France and Luxembourg. ... - Continue reading
OECD issues more tax information in wake of the COVID-19. ... - Continue reading
The guidance, issued on April 3, is based on a careful analysis of the international tax treaty rules. ... - Continue reading
An examination of travel restrictions with regard to Irish tax residence of Irish companies and funds. ... - Continue reading
The value added textile export sector has demanded the government to revive zero-rated sales-tax regime and reinstate SRO 1125 in its true spirit to address the industries’ liquidity problems. ... - Continue reading
The United States Council for International Business (USCIB) suggests temporary halt to negotiations around digital tax handling for multinationals. ... - Continue reading
The HMRC is set to raise standards among tax advisers after an independent review slammed the "reprehensible" behaviour of some professionals. ... - Continue reading
Adjustments in laws in Guernsey and Jersey following the COVID-19. ... - Continue reading
The Federal Court of Appeal of Canada concluded tax investigations case in favour of Alta Energy. ... - Continue reading
Economists warn about one of the worst recessions in history following the COVID-19 pandemic crisis. This could have an especially bitter outcome in countries with weaker employee rights like the United States. ... - Continue reading
Updates on countries offering tax relief all over the world. ... - Continue reading
Here are the amendments and clarifications concerning tax residence and dividend distribution tax. ... - Continue reading
Main tax highlights of UK's Budget of 11 March 2020. ... - Continue reading
BHP Billiton's case puts Australia’s controlled foreign corporation laws into better perspective. ... - Continue reading
The United Nations has launched the High-Level Panel on Financial Accountability, Transparency and Integrity (FACTI) to address corporate tax abuse and other illicit financial flows. ... - Continue reading
Seychelles set to implement new tax laws in order to improve its tax system after recommendations from the OECD. ... - Continue reading
Here are changes in tax laws concerning the Automatic Exchange of Information. ... - Continue reading
A first transfer pricing case in Nigeria offers a glimpse of the treatment of the latter. ... - Continue reading
New transfer pricing laws issued in Poland might not be too pleasant to multinationals' ears. Read on to know more. ... - Continue reading
Resident Chief of IMF, Teresa Daban Sanchez, has stated that Pakistan is not being efficient enough tax-wise. Here's more to it. ... - Continue reading
And hop! - Rs1.8bn from untaxed offshore funds into Pakistan's possession. ... - Continue reading
On January 2020, Cyprus signed its agreement of the MLI. ... - Continue reading
Authorities of Norway come up with new withholding tax rules. ... - Continue reading
Good news for Cypriot taxpayers - Announcement of extended period for payment of overdue taxpayers. ... - Continue reading
Is a public country-by-country reporting of multinationals' tax information to be expected soon? ... - Continue reading
HMRC has doubled down on its campaign against taxpayers with undeclared foreign income. ... - Continue reading
A recent ruling by the Authority for Advance Rulings (AAR) in the case of Bidvest has stirred the proverbial hornets' nest when it comes to the issue of treaty protection, and has reignited the debate of substance over form when it comes to availing the benefits of a tax treaty. ... - Continue reading
Budget 2020 and taxation of non-resident Indians. ... - Continue reading
The European Union ups its game by coming up with more initiative to fight off tax evasion. ... - Continue reading
This sharp decline was because of the exemption from the levy given to active taxpayers. ... - Continue reading
When forces join together to tackle Anti-Money Laundering and the Bank Secrecy. ... - Continue reading
Norway’s Finance Ministry is consulting shareholders on a new proposal to introduce withholding tax on certain payments to non-resident related parties. ... - Continue reading
Information on changes in laws concerning the Automatic Exchange of Information (AEOI). ... - Continue reading
The OECD on February 24 published stage 1 mutual agreement procedure (MAP) peer review reports of the following eight jurisdictions: Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino, and Serbia. The reports highlight how well these jurisdictions are implementing the base erosion and profit shifting (BEPS) Action… – Continue reading
Lebanon’s Justice Minister Marie-Claude Najm said on Thursday that the Lebanese cabinet has approved a draft law to lift banking secrecy, MTV local TV channel reported. Also, Lebanon’s financial prosecutor Ali Ibrahim froze the assets and properties of 20 Lebanese banks. Lebanon has lately witnessed a shortage in U.S. currency… – Continue reading
Here are some important tax proposals for India's 2020 Budget. ... - Continue reading
On 20 February 2020, the Luxembourg government filed with Parliament the draft bill of law n°7527 modifying both the CRS law of 18 December 2015 and the FATCA law of 24 July 2015 (the "Draft Bill"). ... - Continue reading
Thought leaders from across the globe on Monday joined a UN panel tasked with making recommendations to fix the financial system that lacks effective ways to deal with tax evasion, tax avoidance, money laundering and corruption. The High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030… – Continue reading
A few changes have been made to the Mexican tax laws for 2020. Here are the highlights. ... - Continue reading