Now existing in a digital-led world, economies of the world have been seriously contemplating on better methods to tackle digital tax. Nigeria is no exception to the rule. ... - Continue reading
OECD informs that the United States are still open to a discussion on digital tax despite asking for a pause due to more pressing matters. ... - Continue reading
Temporary changes in property tax have been announced by the Government. ... - Continue reading
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
More on the Canada-US tax treaty. ... - Continue reading
Transfer pricing after COVID-19 in Australia. ... - Continue reading
The U.S. Supreme Court refused to question a ruling that technology companies including Facebook Inc. and Google say will cost them billions of dollars in taxes by limiting deductions for stock payments to employees. The justices without comment Monday turned away an appeal by Intel Corp.’s Altera unit, which challenged… – Continue reading
The new Budget - Not too welcoming to Australian expats. ... - Continue reading
The USA backs down from talk regarding digital tax, hence engendering disagreements from European countries. ... - Continue reading
A further discussion on the possible treatment of digital taxes in today's world where it has its hugest economic presence. ... - Continue reading
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
More on property tax laws in South Korea. ... - Continue reading
It is no surprise to anyone that we are now enterring a recession due to the economic chaos caused by the COVID-19. Consequently, countries all over the world have been adjusting their tax laws to the unprecedented turn of events. In this article, we will focus on transfer pricing laws. ... - Continue reading
The USA seems to be relentless at discouraging the trending 'Digital Tax which seems inevitable now. France has also already shown a keenness towards its imposition, and now it's the turn of Indonesia. ... - Continue reading
Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, U.S. corporations can now elect to carryback losses incurred in 2020 for a five-year period (2015 to 2019). While losses incurred in 2018 and 2019 can also be carried back five years, this article addresses 2020 current year opportunities. The… – Continue reading
Senator Sherwin Gatchalian expressed his disagreement concerning the treatment of online taxes. ... - Continue reading
The United States and Curacao have joined hands to better counteract tax avoidance on the behalf of multinationals. ... - Continue reading
Light upon intercompany financing transactions in the midst of the current pandemic. ... - Continue reading
The United Kingdom has decided to forge ahead with its implementation of the digital Services Tax (DST). ... - Continue reading
A discussion of the court case of Whirlpool Financial Corporation vs the IRS with respect to a transfer pricing perspective. ... - Continue reading
Here is a discussion on multinational enterprises (MNEs) and their possible treatment of the aftermath of the COVID-19 pandemic. ... - Continue reading
This article throws light upon the recommendations of the Government Accountability Office(GAO) about its banking system. ... - Continue reading
Since March 2020, the BVI International Tax Authority (the "ITA") has been accepting electronic filings for Country-by-Country Reporting ("CbCR") following the lockdown situation. ... - Continue reading
Guidance on transfer pricing transactions during the unprecedented crisis. ... - Continue reading
The Internal Revenue Service (IRS) and U.S. Treasury Department have released anti-hybrid laws for offshore transactions. ... - Continue reading
The 137 member countries of the “Inclusive Framework on BEPS” are having a disaccord regarding a legislation for multinationals. ... - Continue reading
Highlights on a recent court case in Italy regarding transfer pricing. ... - Continue reading
A simple way to invest in US Treasury bonds is to invest in a low-cost ETF listed in the US ... - Continue reading
A new CRS compliance form has been issued by the Cayman Islands Tax Information Authority. ... - Continue reading
Seoul signs multilateral convention to counter tax avoidance. ... - Continue reading
Czech Republic and South Korea ratify the Multilateral Convention to Implement Tax Treaty Related Measures in an effort to fight against Base erosion and Profit Shifting. ... - Continue reading
"No price-setting approach", confirms the German Finance Ministry. ... - Continue reading
Philippine offshore gaming operators (POGO) to pay all tax liabilities before being allowed to operate again, says Finance secretary Carlos Dominguez. ... - Continue reading
Bitange Ndemo, a former principal secretary in the ministry of ICT warns against the taxation of non-domiciled digital companies and advises the government to review its decision. ... - Continue reading
On 23 March 2020, the Irish Revenue released its programme meant to relieve tensions around tax residence and permanent establishments. The reason? - you guessed it right - COVID-19. Here's more. ... - Continue reading
Lights upon Ireland's unilateral tax relief in relation to the double taxation agreement. ... - Continue reading
Disagreement registered around the 'Pillar One' of the OECD. ... - Continue reading
The Pakistan Stock Exchange (PSX) has a few proposals to the government in an effort towards reform. ... - Continue reading
In the recent years, Vietnam has experienced one of the highest loss of revenue due to tax evasion and tax avoidance from multinationals. ... - Continue reading
The European Commission to investigate into Inter IKEA systems' tax treatment for a possible breach of EU State Aid rules. ... - Continue reading
Proposals from the Pakistan Stock Exchange for the upcoming budget. ... - Continue reading
Poland launches a new transfer pricing risk assessment tool and it's an interactive version. ... - Continue reading
This article focuses on two tax cases revolving around transfer pricing and their respective treatments. ... - Continue reading
Deadline for CRS and FATCA reporting for the year 2019 extended till 30 June 2020. ... - Continue reading
