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22

Aug

2019

President Trump Considering New Tax Cuts

United States President Donald Trump said on August 20, 2019, that the administration is considering additional tax cuts to help maintain economic growth.

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22

Aug

2019

Irish Issues E-Brief On Mergers And Divisions

The Irish Revenue has published guidance on the tax compliance obligations that arise from mergers and divisions.

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22

Aug

2019

Cayman Explains How To Comply With New Economic Substance Rules

The Cayman Government has set out how companies should comply with new economic substance requirements, which must be met for certain companies to access the territory's tax regime.

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21

Aug

2019

USTR Stages Hearing On French Digital Tax Response

On August 19, 2019, the Office of the United States Trade Representative held an off-camera public hearing on France's recently introduced digital services tax, attended by three major technology firms.

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21

Aug

2019

OECD's Digital Tax Work Has Broad Ramifications For Ireland

As a small open economy, Ireland may be affected significantly by the OECD's proposals to modify how taxing rights are allocated among countries, Irish business association Ibec has said.

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20

Aug

2019

Australian High Court Allows Use Of Leaked Data In Tax Probes

The Australian Taxation Office has welcomed a significant ruling from Australia's High Court, which enables the tax agency to use information obtained from data leaks, even if leaked from a law firm.

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20

Aug

2019

US Appeals Court Backs Amazon In Transfer Pricing Case

On August 16, 2019, the United States Court of Appeals for the Ninth Circuit issued a decision in favor of Amazon, in a case involving the regulatory definition of intangible assets and the method of their valuation in a cost-sharing arrangement.

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16

Aug

2019

Bulgaria Introduces New TP Documentation Rules

Bulgaria has amended its Tax and Social Security Procedure Code (TSSPC), with effect from July 31, to obligate groups to prepare new transfer pricing documentation from 2020.

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16

Aug

2019

Taiwan Issues Transaction Tax Guidance For M And As

Taiwan's Ministry of Finance has issued an interpretive order which clarifies the application of futures transactions tax in the case of company mergers and acquisitions.

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15

Aug

2019

Vietnam Seeking To Collect More Tax Debts This Year

Vietnamese tax officials are undertaking a nationwide push to collect tax debts, with the General Department of Taxation stating that arrears at the end of July 2019 were down 5.7 percent on last year.

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15

Aug

2019

OECD Releases Action 14 Peer Reviews For Six States

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.

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14

Aug

2019

Luxembourg Submits Anti-Hybrid Mismatch Law

On August 8, 2019, the Government of Luxembourg submitted to parliament draft law to implement the requirements of the second European Union Anti-Tax Avoidance Directive (ATAD 2), which tackles hybrid mismatch arrangements.

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