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American Firms Concerned By Canadian Digital Tax Plan
Mike Godfrey, Tax-News.com, Washington__25 November, 2019
Representatives from US trade and industry associations have voiced concern about a digital services tax proposal floated during the recent Canadian election which they argue will "impose discriminatory requirements on the digital economy." Read Full Story

Slovenian Lawmakers Approve Corporate Minimum Tax Plan
Ulrika Lomas, Tax-News.com, Brussels__15 November, 2019
On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes. Read Full Story

Warren Announces US Corporate Tax And Wealth Tax Plans
Mike Godfrey, Tax-News.com Washington__08 November, 2019
On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. Read Full Story

BVI Issues Final Economic Substance Rules
Jason Gorringe, Tax-News.com, London__28 October, 2019
On October 9, 2019, the British Virgin Islands International Tax Authority has finalized rules governing the application of the territory's new economic substance requirements, which became effective from January 1, 2019. Read Full Story

Ireland Publishes 2019 Finance Bill
Jason Gorringe, Tax-News.com, London__18 October, 2019
The Irish Government has published its 2019 Finance Bill, which introduces changes to a number of SME-targeted tax incentives and implements a range of measures announced in this month's Budget. Read Full Story

New Zealand Adds To Real Property Tax Reform Plans
Mary Swire, Tax-News.com, Hong Kong__18 October, 2019
New Zealand has released a new consultation on proposals to further clarify the deductibility of holding costs (rates, interest, insurance, etc.) where land that is subject to tax on sale is used privately while it is held. Read Full Story

OECD To Provide Another Update On Int'l Tax Reform Work
Ulrika Lomas, Tax-News.com, Brussels__04 October, 2019
The OECD has announced that the next Tax Talks webcast will be held on October 9. It will update stakeholders on its work to develop new international tax rules. Read Full Story

Algeria Releases 2020 Draft Budget
Lorys Charalambous, Tax-News.com, Cyprus__04 October, 2019
Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs. Read Full Story

New Zealand Lining Up More Tax Relief For Fledgling Firms
Mary Swire, Tax-News.com, Hong Kong__18 October, 2019
The New Zealand Government has announced that it will adopt two tax incentives proposed by the Tax Working Group: a deduction for "feasibility expenditure" for businesses, and relaxed loss continuity rules. Read Full Story

Mauritius Tax Agency Reports On Tax Enforcement Work
Lorys Charalambous, Tax-News.com, Cyprus__20 September, 2019
The Mauritius Revenue Agency has highlighted its ongoing efforts to tackle tax evasion and improve tax administrative processes. Read Full Story

 

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