EU Introducing Next Raft Of Anti-BEPS Measures

Ulrika Lomas, Tax-News.com, Brussels // 31 December, 2019

The provisions of the EU's second Anti Tax Avoidance Directive will become effective in all member states from January 1, 2020.
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Tax Extenders Passed In US Spending Package

Mike Godfrey, Tax-News.com Washington // 23 December, 2019

On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms.
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IRS Issues Final Foreign Tax Credit Regulations

Mike Godfrey, Tax-News.com Washington // 06 December, 2019

On December 2, 2019, the United States Internal Revenue Service issued final regulations on the foreign tax credit following major changes to the US tax code.
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EU States Shut Down Plans For Public CbC Reporting

Ulrika Lomas, Tax-News.com, Brussels // 02 December, 2019

EU member states have been unable to reach an agreement on proposals to release to the public information on multinational enterprises' tax affairs.
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OECD Releases Minimum Tax Plan To Solve Digital Tax Issues

Ulrika Lomas, Tax-News.com, Brussels // 15 November, 2019

The OECD on November 8, 2019, released its plans for a minimum tax on corporate profits, which is one element of a two-pronged approach to solving the tax challenges arising from the digitalization of the economy.
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