World Tax Adviser

 A world of news with tax@hand

11/06/2021

Featured article

  • G7 finance ministers agree on taxation of digitalized economy, global minimum rate

Argentina

  • Federal Congress approves new system of progressive corporate income tax rates

Cyprus

  • Tax treatment of effects of adopting IFRS 9, 15, and 16 clarified

European Union

  • European Parliament and Council of the EU reach agreement on public CbC reporting

France

  • Draft 2021 amended finance bill published

Germany

  • MOF expands VAT exemption for supplies provided by crypto exchange operators

Hong Kong

  • Legislative Council passes bills to implement various tax amendments

Italy

  • Law decree provides significant enhancements to notional interest deduction regime

Luxembourg

  • Tax authorities update guidance on interest expense deduction limitation rules

Qatar

  • General Tax Authority issues transfer pricing frequently asked questions

Thailand

  • Increase of thresholds and changes to conditions to write off bad debts

United Kingdom

  • Review announced to consider changing tax year for individuals

United States

  • Treasury “Green Book” sheds additional light on President Biden’s tax proposals

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