Last week we focused on BEPS, and the various ways in which governments and multilateral bodies are seeking to prevent base erosion and profit shifting, and to hang onto revenue in these straitened economic times... Continue Reading »
Anti-Avoidance Measures Are Unavoidable...
Last week we looked primarily at BEPS-related measures, and this past week has also been a BEPS-heavy one, as the machinery of tax administration creaks back into gear... Continue Reading »
BEPS And Digital Taxes Grab The Spotlight...
Well, this week's column is certainly not short of tax developments, starting with the news that Apple and the Irish Government have been successful in overturning a European Commission decision... Continue Reading »
Governments internationally are keen to get back to business as (nearly) normal, as quickly as they can, as we saw in last week's column... Continue Reading »
Governments Get Back to Tax Brass Tacks
In last week's column, we looked mostly at the leisure and recreation pursuits that governments around the world are looking to encourage their populations to undertake; this week, we're getting straight back down to business... Continue Reading »
Tax Tinkering Takes Precedence
In last week's column, we examined the reforms being put in place by various governments around the edges of the COVID-19 pandemic, as it were, looking at measures which may tangentially impact... Continue Reading »
A Direct Look At Indirect Taxes
In this week's column, we will be taking a look at value added taxes, with an emphasis on measures being put in place to tackle the COVID-19 pandemic and its economic and social aftermath... Continue Reading »
Governments Look To The Future
Last week we took a break from all things COVID-19 related, but as this week saw the welcome news that New Zealand has tentatively declared itself free from the virus... Continue Reading »
Taking a break from all things COVID-19 related this week, and governments around the globe are giving some thought to the likelihood that humans will need to co-exist with the virus for some considerable time... Continue Reading »
Governments Chase The COVID Cash
For the past few weeks in this column, we have been looking into the tax assistance that governments around the world are seeking to provide to businesses and taxpayers struggling to deal with the current impact... Continue Reading »
by Ulrika Lomas, Lowtax.net, Brussels
24 July, 2020
p>The European Commission has announced plans for a new Directive on Administrative Cooperation, on the exchange of information on online platforms' sales, and a new Communication on Tax Good Governance.
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by Mary Swire, Lowtax.net, Hong Kong
24 July, 2020
Hong Kong's Inland Revenue Department has updated its guidance on Advance Pricing Agreements to reflect tax legislative changes in recent years and the territory's response to the OECD's base erosion and profit shifting Action Plan.
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by Jason Gorringe, Lowtax.net, London
10 July, 2020
The Bermuda Monetary Authority has released a new consultation on the proposed Digital Asset Business Accounts Rules 2020.
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by Jason Gorringe, Lowtax.net, London
10 July, 2020
Revenue Jersey has released guidance for taxpayers filing online for the first time, ahead of the July 31, 2020, filing deadline.
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by Lorys Charalambous, Lowtax.net, Cyprus
19 June, 2020
The European Commission has approved under the Temporary State Aid Framework a Cypriot aid scheme allowing for the deferral of VAT payments by companies affected by the coronavirus pandemic.
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by Mike Godfrey, Lowtax.net, Washington
19 June, 2020
The Cayman Government has approved an exemption from tourist accommodation tax for the period April 1, 2020, to September 30, 2020.
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by Jason Gorringe, Lowtax.net, London
03 June, 2020
The Jersey Government has announced the extension of the Co-Funded Payroll Scheme until at least the end of August 2020.
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by Mike Godfrey, Lowtax.net, Washington
15 May, 2020
The British Virgin Islands International Tax Authority has issued a statement on the due diligence obligations required of financial institutions in relation to the Common Reporting Standard.
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by Jason Gorringe, Lowtax.net, London
01 May, 2020
The Government of Jersey has announced that it will defer planned changes to the de minimis level for paying goods and services tax on unaccompanied imported goods for personal use.
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by Mike Godfrey, Lowtax.net, Washington
15 April, 2020
The Bahamas Department of Inland Revenue has announced a Tax Credit and Tax Deferral Employment Retention Programme, which will benefit businesses with an annual turnover of BSD3m (USD3m) or more and a minimum of 25 non-executive employees.
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