Tax-News.com: International Tax News

Tax-News.com: International Tax News

Global tax news, continuously updated through the day.
  1. The French General Directorate of Public Finance has announced that companies and self-employed taxpayers will be able to postpone without penalty upcoming tax payments due to the public health emergency.
  2. On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak.
  3. The Dutch Government will allow taxpayers to defer payments of certain taxes under a new package of coronavirus economic relief measures.
  4. The Irish Revenue has issued advice on the steps it is taking to help SMEs experiencing cashflow and trading difficulties arising from the impact of the coronavirus.
  5. On March 13, 2020, the German Ministry of Finance announced the relaxation of certain tax payment requirements as part of a package of measures designed to ease the economic impact of the COVID-19 virus.
  6. On March 2, 2020, the German Ministry of Finance released a draft discussion document on new rules implementing the sixth European Union Directive on Administrative Cooperation, under which intermediaries are obligated to report certain tax planning schemes.
  7. The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications.
  8. In its 2020 Budget Policy Statement, Kenya's Government announced a number of ongoing tax enforcement and administration initiatives, aimed at boosting collections and voluntary compliance rates.
  9. The Spanish Government has published the draft bill to introduce a digital services tax in Spain, beginning the formal parliamentary process needed to introduce the measure.
  10. On March 9, 2020, United States President Donald Trump revealed that the Administration would begin discussions with Congress on potential tax measures to ease the impact of the coronavirus outbreak, including a payroll tax cut.