d Tax-News.com: Belgium Reminds Traders Of Upcoming VAT Deadlines By www.tax-news.com Published On :: Fri, 14 Dec 2018 00:00:00 GMT The Belgian tax agency has issued a reminder to value-added tax-registered persons of their obligations to file VAT returns and pay VAT during the holiday season. Full Article
d Tax-News.com: Belgium Introduces Optional VAT On Property Leases By www.tax-news.com Published On :: Mon, 21 Jan 2019 00:00:00 GMT On January 10, 2018, the Belgian Ministry of Finance reminded taxpayers letting and leasing certain real estate that they can opt in to the value-added tax regime. Full Article
d Tax-News.com: Belgium Confirms CIT Filing Deadlines By www.tax-news.com Published On :: Tue, 21 May 2019 00:00:00 GMT Belgium's tax authority has announced corporate tax return filing deadlines for the 2019 tax year, with a concession for those with a deadline prior to September 26, 2019. Full Article
d Tax-News.com: Belgium Accepting Amendments To Filed CbC Reports By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT Belgium's tax agency has announced that its MyMinfin portal is now open for multinational taxpayers seeking to correct errors in filed country-by-country reports. Full Article
d Tax-News.com: OECD Releases Action 14 Peer Reviews For Six States By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT The OECD on August 13, 2019, released follow-up reports for Belgium, Canada, the Netherlands, Switzerland, the United Kingdom, and the United States on their efforts to implement BEPS recommendations on dispute resolution. Full Article
d Tax-News.com: Tax Agencies Meet To Discuss Use Of Big Data Analysis By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Full Article
d Tax-News.com: Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat By www.tax-news.com Published On :: Fri, 15 Nov 2019 00:00:00 GMT The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced. Full Article
d Tax-News.com: Belgium Requires Rounding For Cash Payments By www.tax-news.com Published On :: Mon, 16 Dec 2019 00:00:00 GMT On December 9, 2019, the Belgian Federal Public Finance Service reminded vendors that since December 1, 2019, they are required to round off cash payments to the nearest five cents. Full Article
d Tax-News.com: Belgium To Expedite VAT Refunds For Start-Ups By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT On December 18, 2019, the Belgian Federal Public Finance Service announced that start-up companies can request accelerated refunds of value-added tax credits from January 1, 2020. Full Article
d Tax-News.com: BEPS Changes Effective For UK-Belgium Double Tax Deal By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT The UK Government on January 10, 2020, released the synthesized text of the 1987 Belgium-UK double tax agreement, as modified by the BEPS multilateral instrument. Full Article
d Tax-News.com: Netherlands Sets Out 2020 Tax Treaty Goals By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020. Full Article
d Tax-News.com: Many EU States Tardy In Adopting Anti-Tax Avoidance Directives By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT On January 24, 2020, the European Commission issued formal notices to numerous European Union member states with regards to lapses in the implementation of various EU anti-tax avoidance directives. Full Article
d Tax-News.com: Belgium Urged To Pursue Lower Taxes On Labor By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT Belgium should continue to pursue structural reforms to its tax, labor, and pension systems, a new report from the OECD recommends. Full Article
d Tax-News.com: Belgium Extends Deadlines In Light Of COVID-19 By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT 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. Full Article
d Tax-News.com: Belgium Waiving VAT On COVID-19-Related Activities By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT 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. Full Article
d Tax-News.com: Belgium To Expedite VAT Refunds For Firms Amid COVID-19 By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT On March 29, 2020, the Belgian tax authority announced that value-added tax refunds will be accelerated for all declarations relating to the month of February 2020. Full Article
d Tax-News.com: Belgium Announces COVID-19 Tax Measures By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT On April 3, 2020, the Belgian tax authority announced an increase in the credit available for timely advance tax payments to provide businesses and the self-employed a liquidity boost amid the COVID-19 crisis. Full Article
d Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis. Full Article
d Tax-News.com: China Confirms Numerous Trade Duty Changes From 2018 By www.tax-news.com Published On :: Tue, 19 Dec 2017 00:00:00 GMT China intends to implement numerous changes to its trade tariffs from January 1, 2018, to ensure domestic businesses have access to inputs and equipment and to implement changes in prior international agreements. Full Article
d Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones By www.tax-news.com Published On :: Wed, 10 Jan 2018 00:00:00 GMT During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area. Full Article
d Tax-News.com: Hong Kong Eases Stamp Duty Rules For Residents By www.tax-news.com Published On :: Mon, 22 Jan 2018 00:00:00 GMT Hong Kong has relaxed the rules for those buying residential property, with the publication in the Official Gazette of The Stamp Duty (Amendment) Ordinance 2018 on January 19, 2018. Full Article
d Tax-News.com: IMF Encourages Hong Kong To Consider Tax Reforms By www.tax-news.com Published On :: Thu, 25 Jan 2018 00:00:00 GMT The International Monetary Fund has urged Hong Kong to consider tax reform options to boost revenues while maintaining the economy's competitiveness and flexibility. Full Article
d Tax-News.com: Hong Kong To Soon Join OECD's Multilateral Tax Compact By www.tax-news.com Published On :: Fri, 2 Feb 2018 00:00:00 GMT Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities. Full Article
d Tax-News.com: Hong Kong's New Budget Contains Tax Relief Measures By www.tax-news.com Published On :: Thu, 1 Mar 2018 00:00:00 GMT Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses. Full Article
d Tax-News.com: Hong Kong Gazettes Tax-Cutting Budget Bill By www.tax-news.com Published On :: Tue, 13 Mar 2018 00:00:00 GMT On March 9 Hong Kong's Inland Revenue Department gazetted the Inland Revenue (Amendment) Bill 2018, containing measures worth HKD30bn (USD3.82bn) announced in the Budget. Full Article
d Tax-News.com: Tax-Privileged Free Trade Zones The OECD's Next Target By www.tax-news.com Published On :: Mon, 19 Mar 2018 00:00:00 GMT In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Full Article
d Tax-News.com: India, Hong Kong Sign Double Tax Deal By www.tax-news.com Published On :: Tue, 20 Mar 2018 00:00:00 GMT Hong Kong and India on March 19 signed an agreement to avoid double taxation and limit withholding tax rates on passive income at source. Full Article
d Tax-News.com: Hong Kong Tables Bill For Research And Development Tax Breaks By www.tax-news.com Published On :: Tue, 24 Apr 2018 00:00:00 GMT The Hong Kong Government has released a draft bill containing its 2017 proposal to provide an enhanced tax deduction for research and development expenditure. Full Article
d Tax-News.com: HK Government Studying Vacant Property Tax By www.tax-news.com Published On :: Fri, 11 May 2018 00:00:00 GMT Hong Kong's Government says it is studying the feasibility of introducing a tax on vacant "first-hand" private residential properties. Full Article
d Tax-News.com: HK's Legislature Passes 2018/19 Budget Bill By www.tax-news.com Published On :: Thu, 17 May 2018 00:00:00 GMT Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament. Full Article
d Tax-News.com: Hong Kong Issues Tax Compliance Guide For Property Owners By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT On June 14, 2018, Hong Kong's Inland Revenue Department released guidance on the tax obligations of landlords. Full Article
d Tax-News.com: Hong Kong's Parliament Endorses Improved R And D Tax Breaks By www.tax-news.com Published On :: Fri, 2 Nov 2018 00:00:00 GMT Hong Kong's Legislative Council has passed legislation to improve the jurisdiction's tax incentives for research and development spending. Full Article
d Tax-News.com: OECD Reports Progress On Harmful Tax Regimes Work By www.tax-news.com Published On :: Fri, 23 Nov 2018 00:00:00 GMT Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Full Article
d Tax-News.com: Hong Kong Guides On New Business Tax Reliefs By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT Hong Kong's Inland Revenue Department has noted that, starting from the year of assessment 2018/19, capital expenditure incurred for procuring environmental protection installations should be deducted in a single year, rather than over five years. Full Article
d Tax-News.com: Hong Kong Issues New Guidance On Foreign Tax Credits By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT Hong Kong's Inland Revenue Department has released new guidance notes on the deduction of foreign taxes. Full Article
d Tax-News.com: Switzerland To Share Taxpayer Data With Hong Kong, Singapore By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force. Full Article
d Tax-News.com: New Zealand Tops World Bank's 'Doing Business' 2020 By www.tax-news.com Published On :: Fri, 8 Nov 2019 00:00:00 GMT New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world. Full Article
d Tax-News.com: OECD Releases Eight New Action 14 Peer Reviews By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Full Article
d Tax-News.com: Hong Kong Announces Tax Credit Handout In 2020 Budget By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. Full Article
d Tax-News.com: Hong Kong Releases New Guidance On Advance Rulings By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan. Full Article
d Tax-News.com: Swiss CbC Reporting Regime Wins OECD Approval By www.tax-news.com Published On :: Fri, 13 Sep 2019 00:00:00 GMT Switzerland's country-by-country reporting regime meets international standards and the country effectively exchanges the reports it receives with other countries, an OECD peer review has concluded. Full Article
d Tax-News.com: US-Switzerland Double Tax Protocol Now In Force By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT The Swiss Government on September 20, 2019, announced that it has exchanged instruments of ratification with the United States to bring into force a Protocol to their double tax agreement. Full Article
d Tax-News.com: Switzerland Legislates To Improve Taxpayer Oversight By www.tax-news.com Published On :: Fri, 4 Oct 2019 00:00:00 GMT The Swiss Federal Council will bring into force legislation on the implementation of recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
d Tax-News.com: Switzerland Sends 2019 Taxpayer Data Under CRS By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries. Full Article
d Tax-News.com: EU Updates Tax Blacklist By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation. Full Article
d Tax-News.com: Switzerland Welcomes Removal From EU Tax Grey List By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT The Swiss Government has welcomed Switzerland's removal from the EU's list of non-cooperative tax jurisdictions, and said that the country meets and implements international tax standards. Full Article
d Tax-News.com: Costa Rica Clarifies Amendments To Non-Cooperative Tax List By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT Costa Rica's Ministry of Finance has released a statement clarifying its decision to exclude a number of territories with low effective income tax rates from its list of non-cooperative territories. Full Article
d Tax-News.com: Switzerland Publishes VAT Guides For Sportspeople By www.tax-news.com Published On :: Mon, 28 Oct 2019 00:00:00 GMT On October 22, 2019, the Swiss Federal Finance Department uploaded a series of publications concerning the value-added tax rules for those participating in and organizing sporting events. Full Article
d Tax-News.com: Swiss Gov't Approves Changes To Iran DTA By www.tax-news.com Published On :: Mon, 28 Oct 2019 00:00:00 GMT On October 23, the Swiss Federal Council adopted a dispatch on a protocol to the double tax agreement with Iran, which implements the minimum standards for such agreements. Full Article
d Tax-News.com: Switzerland, EU To Link Emissions Trading Systems By www.tax-news.com Published On :: Fri, 15 Nov 2019 00:00:00 GMT Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions. Full Article