More News–MNE Tax

Americas

US and Germany again agree to exchange country-by-country reports on large multinationals

December 4, 2020

The competent authorities of the US and Germany have issued a joint statement, agreeing . . .

Americas

US and Monaco agree to exchange country-by-country tax reports on large multinationals

November 30, 2020

The US IRS today announced that the US and Monaco have agreed . . .

Europe

Swiss government approves protocols to Liechtenstein, Malta, Cyprus tax treaties

November 12, 2020

Switzerland’s Federal Council, at its November 11 meeting, approved . . .

Americas

US to terminate international shipping agreement with Hong Kong

October 20, 2020

The US IRS, in Announcement 2020-40, has advised that the . . .

Asia-Pacific

Hong Kong, Georgia sign tax agreement lowering withholding tax rates

October 5, 2020

Hong Kong and Georgia tax officials today signed a tax agreement designed to promote . . .

Americas

US IRS to issue S corporation regs reflecting international tax changes

September 2, 2020

The US IRS on Tuesday announced in Notice 2020-69 that it intends to issue tax regulations . . .

Asia-Pacific

Hong Kong, Serbia enter into tax agreement

August 28, 2020

Hong Kong and Serbia have signed an agreement designed to help their residents avoid . . .

Asia-Pacific

Switzerland Federal Council approves tax treaty with Bahrain, amendments to Kuwait tax treaty

August 28, 2020

The Swiss Federal Council on August 26 adopted laws approving a new . . .

Americas

Japan, Jamaica tax treaty to enter into force, ministry says

August 18, 2020

Japan’s Ministry of Finance today announced that the Japanese . . .

Cyprus

Russia threatens to withdraw from Russia-Cyprus tax treaty unless Cyprus agrees to 15 percent tax on dividend payments to Cyprus parent corporations: Finanz.dk→

August 4, 2020

International Monetary Fund

PCT webinar addressing new Toolkit on Taxation of Indirect Transfers features presentations by OECD, IMF officials: Platform for Collaboration on Tax→

July 30, 2020

Americas

US IRS solicits input for priority guidance plan

June 12, 2020

The US IRS has, in Notice 2020-47, invited the public to submit recommendations. . .

Americas

US, Curacao agree to exchange country-by-country tax reports on large multinational groups

June 12, 2020

US Treasury this week announced that the US and Curacao have signed a competent authority agreement . . .

Americas

US IRS relaxes rules on dual consolidated loss, Form 8858 filing in response to COVID-19 travel disruption

May 27, 2020

The US IRS this week announced that in some cases where individuals temporarily conduct . . .

Asia-Pacific

BEPS MLI to enter to force for Czech Republic, Korea

May 13, 2020

The OECD today announced that the Czech Republic and Korea have deposited their . . .

Asia-Pacific

Indonesia joins BEPS MLI to fight tax avoidance

May 4, 2020

Indonesia on April 28 deposited its instrument of ratification for . . .

Americas

US IRS issues guidance on COVID-19 travel disruptions’ effect on tax residency, treaty benefits, foreign earned income exclusion

April 22, 2020

The US IRS on April 21 issued tax guidance explaining how the IRS will view an individual’s unexpected travel disruptions due to the COVID-19 emergency for purposes . . .

Americas

US IRS reconsidering ruling limiting foreign tax credit carryback

April 17, 2020

The US IRS today announced that it has suspended Rev. Rul. 71-533, 1971-2 C.B. 413 which concerns. . .

Asia-Pacific

Ireland advises of change to tax treatment of royalty income under treaty with Lithuania

April 15, 2020

Irish Tax and Customs on April 14 announced that the tax treatment of royalty income . . .

Europe

Ireland updates tax guidance on foreign earnings deduction

April 7, 2020

Irish Tax and Customs today updated its guidance regarding the . . .

Digital Economy

UK publishes digital services tax guidance

April 7, 2020

The UK on March 18 and 19 published draft chapters for a manual on its . . .

More News

“Platform for Collaboration on Tax” launches website showcasing work supporting developing countries

March 31, 2020

The “Platform for Collaboration on Tax,” a joint initiative of the IMF, OECD, UN, and World Bank Group (WBG) today . . .

Americas

US issues final tax regulations on covered asset acquisitions

March 25, 2020

US Treasury and IRS on March 23 released the final version of tax regulations under section 901(m) that

Europe

Portugal adopts BEPS multilateral instrument to fight tax avoidance

March 5, 2020

Portugal has deposited its instrument of ratification of . . .

Asia-Pacific

Hong Kong proposes one-time tax reduction

February 26, 2020

The Hong Kong budget was released today. According to Hong Kong’s . . .

Americas

British Virgin Islands tax authorities to accept country-by-country reporting

February 24, 2020

The British Virgin Islands International Tax Authority (ITA) today announced that it will soon . . .

More News

OECD asks for comments on model rules requiring reporting by platform operators

February 19, 2020

The OECD Committee on Fiscal Affairs (CFA) today asked for public comments . . .

Africa

African tax administrators respond to Inclusive Framework meeting

February 5, 2020

The African Tax Administration Forum (ATAF), an organization of revenue authorities . . .

Europe

Ireland updates tax manual on dividend withholding, mandatory disclosure, “main purpose test”

February 5, 2020

Irish Tax and Customs has updated its Tax and Duty Manual to account for Finance Act 2019 changes regarding the dividend withholding tax . . .

Cyprus

Cyprus, Saudi Arabia deposit MLI ratification documents, North Macedonia signs

January 29, 2020

Cyprus and Saudi Arabia have deposited legal instruments with the OECD ratifying a multilateral tax treaty known . . .

Africa

Japan and Morocco sign tax treaty

January 9, 2020

The governments of Japan and Morocco on January 8 signed . . .

Americas

US IRS updates guidance on obtaining private tax rulings

January 6, 2020

The US IRS on January 2 issued revenue rulings . . .

Europe

Isle of Man updates guidance on tax residence

January 6, 2020

The Isle of Man’s Treaty Income Tax Division on January 2 published a practice note addressing . . .

Asia-Pacific

Philippines close to tax treaty with Cambodia, negotiating treaty with Ireland

January 6, 2020

The Philippines Department of Finance today announced that . . .

Asia-Pacific

Hong Kong announces entry into force of Cambodia, Estonia tax treaties

December 30, 2019

The Hong Kong government on December 27 announced that new tax treaties with Cambodia . . .

Asia-Pacific

Google settles Australian tax dispute spanning 2008–2018 for AUD 481.5m (USD 336.7): Ben Butler / The Guardian→

December 30, 2019

Asia-Pacific

New Zealand–China tax treaty enters into force

December 30, 2019

The New Zealand government has announced that the . . .

Asia-Pacific

Japan, Uzbekistan tax treaty signed

December 22, 2019

Japan’s Ministry of Finance has announced . . .

Asia-Pacific

Hong Kong extends local entity country-by-country filing deadline

December 22, 2019

Hong Kong’s Inland Revenue Department on December 19 announced . . .

Khaled Al Zaabi on Spanish government proposes digital services tax: “We are seeking assistance with Digital Assets and International Tax Consulting to help Abu Dhabi UAE Oil Company navigate the…” October 24 ,2024

Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024

David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023

Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

May 19 – 20	Tax Council Policy Institute Conference	Washington, D.C.
May 19 – 20	IFA Second European Region Conference	Milan, Italy
May 24	IFA Webinar Series Pillar Two: An Update	Virtual Event
Sept. 4 – 8	IFA Congress	Berlin