Stories that are tagged 'Tax'


OECD Takes Stock Of International Efforts To Counter Treaty Abuse
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
On March 24, 2020, the OECD has released a second update on the peer review process to assess countries' efforts to implement the BEPS Action 6 minimum standard on tackling tax treaty abuse. Read Full Story

New Zealand Enacts COVID-19 Support Bill
Mary Swire, Tax-News.com, Hong Kong__30 March, 2020
New Zealand has enacted The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill to support businesses and individuals cope with the COVID-19 outbreak. Read Full Story

Switzerland Announces COVID-19 Plan To Scrap Interest On Tax Arrears
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
The Swiss Government has announced that it will waive interest on late payments of tax, to allow companies to delay their tax payments. Read Full Story

Belgium Waiving VAT On COVID-19-Related Activities
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
On March 24, 2020, the Belgian tax authority announced value-added tax will not be levied on medical equipment donated to hospitals and healthcare facilities. Read Full Story

US Senate Passes 'Phase Three' COVID-19 Aid Package
Mike Godfrey, Tax-News.com Washington__30 March, 2020
On March 25, 2020, the United States Senate overwhelmingly approved the Coronavirus Aid, Relief, and Economic Security Act, which represents the third package of financial aid measures to businesses and individuals affected by the coronavirus crisis and which includes numerous tax provisions to support businesses. Read Full Story

Turkey Props Up Airlines Impacted By COVID-19 With VAT Relief
Lorys Charalambous, Tax-News.com, Cyprus__30 March, 2020
On March 23, 2020, the Turkish Government published a resolution in the official gazette to temporarily reduce the rate of VAT on air passenger transport to one percent. Read Full Story

Malta Defers Tax Payment Deadlines In Response To COVID-19
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
In response to the coronavirus outbreak, the Maltese Government has announced deferrals for the payment of a number of taxes. Read Full Story

COVID-19: Germany Allowing Businesses To Defer Taxes
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak. Read Full Story

Belgium Extends Deadlines In Light Of COVID-19
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
On March 18, 2020, the Belgian tax authorities announced the postponement of various value-added tax filing and payment deadlines to support companies during the coronavirus crisis. Read Full Story

Netherlands Adopts COVID-19 Economic Relief Package
Ulrika Lomas, Tax-News.com, Brussels__30 March, 2020
On March 17, 2020, the Dutch Ministry of Finance announced that the Government has adopted a package of measures intended to protect the economy from the coronavirus epidemic, including several tax changes. Read Full Story



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