Category: Tax Reform

On the 20th of July, the Singaporean government released a draft bill to adapt to the current waddling economy caused by the COVID-19. ... - Continue reading

EU / Tax Laws / Tax Reform / VAT

EU Commission tax package includes review of tax law approval process, VAT reform

Published by: MNE Tax - July 20, 2020

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Anti money laundering / Banking / Banking Secrecy / Philippines / Tax Authority / Tax Reform

Amending the Bank Secrecy Act as a key to financial integrity

Published by: The Manila Times - July 16, 2020

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Double Tax Treaty / Jersey / Tax Reform / Tax treaties / UAE

Investment treaty to develop ties with UAE

Published by: Jersey Evening Post - July 14, 2020

Jersey and the United Arab Emirates extend hands of cooperation with each other. ... - Continue reading

Caribbean / Covid-19 / Legislation / Tax Reform / Tax Relief / UN

Fiscal policy key to overcoming pandemic’s impact on LatAm: UN agency

Posted On: July 7, 2020

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has stated that Latin American SANTIAGO, July 6 (Xinhua) — Latin American countries must turn to effective fiscal policy to cushion the social and economic impact of the COVID-19 pandemic and reactivate local economies, the United Nations Economic… – Continue reading

Business / Corporate Tax / Digital Services / OECD / Tax Reform

Digital Tax Deadlock: Where Do We Go from Here?

Published by: Tax Foundation - July 1, 2020

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Tax Collection / Tax Evasion / Tax Laws / Tax Reform / Vietnam

Vietnam’s Tax Administration Law Takes Effect in July 2020

Published by: Vietnam Briefing - June 30, 2020

As from the 1st July 2020, Vietnam's tax reform measures will be implemented. ... - Continue reading

Africa / Anti money laundering / Base Erosion & Profit Shifting / Corruption / Offshore / Tax Authority / Tax Evasion / Tax Laws / Tax Reform / Tax Transparency

African Countries Making Headway In Tackling Tax Evasion

Published by: EABW News - June 27, 2020

According to Tax Transparency in Africa 2020 report, Africa needs to better combat illicit financial flows and be more lucid in tax matters. ... - Continue reading

EU / Europe / Legislation / Tax Reform / Tax Transparency

EU Parliament creates permanent tax subcommittee

Published by: MNE Tax - June 22, 2020

Tax justice taken a notch higher by the European Union. ... - Continue reading

Anti-Tax Avoidance Package / Base Erosion & Profit Shifting / Business / Controlled Foreign Companies / Cyprus / Gaar / Hybrids / Jurisdiction / Legislation / Offshore / Tax Avoidance / Tax Laws / Tax Planning / Tax Reform

Higher tax bill for Cyprus businesses after new law

Published by: Cyprus Mail - June 17, 2020

Cyprus is aiming to better tackle tax avoidance by companies through a new legislation. The latter mainly addresses base erosion and profit shifting. ... - Continue reading

Australia / Foreign Direct Investment (FDI) / Legislation / Tax Laws / Tax Reform

Australia tightens rules on foreign investment

Published by: International Tax Review - June 17, 2020

Australia becomes more stringent regarding foreign investments. ... - Continue reading

Anti money laundering / Covid-19 / Legislation / Tax Reform

Another COVID-19 Enforcement Tool: Money Laundering Law

Published by: Lexology - June 16, 2020

This article discusses about the role of anti money laundering during the 2020 pandemic. ... - Continue reading

Covid-19 / Germany / Legislation / Tax Laws / Tax Reform / Tax Transparency

German cabinet passes stimulus tax measures

Published by: MNE Tax - June 12, 2020

After the 2020 crisis, Germany has taken a few steps to fuel its economy. ... - Continue reading

Business / Corporate Tax / Covid-19 / Germany / Legislation / Tax Reform / VAT

Germany proposes substantial VAT rate reduction, tax loss carryback expansion

Published by: MNE Tax - June 10, 2020

Proposals of expansion of tax loss carrybacks in 2020 from EUR 1 million to EUR 5 million. ... - Continue reading

Belgium / Covid-19 / Tax Reform

Belgium to introduce tax loss carryback, recovery reserve in response to pandemic

Published by: MNE Tax - June 9, 2020

Belgium comes up with more measures to counteract COVID-19 pandemic. ... - Continue reading

Covid-19 / Multinational Enterprises ("MNEs") / Tax Reform / Tax Relief / Transfer pricing

India: Transfer Pricing And COVID-19 — Repercussions, Re-Evaluation And Way Forward

Published by: Mondaq - June 3, 2020

Here is a discussion on multinational enterprises (MNEs) and their possible treatment of the aftermath of the COVID-19 pandemic. ... - Continue reading

Avoidance Convention / Cambodia / Double Taxation / Malaysia / South Korea / Tax Reform