World Tax Adviser

 A world of news with tax@hand

07/05/2021

Featured article

  • Ukraine parliament approves initial draft laws on “Diia City” regime for IT businesses

Canada

  • Budget proposes significantly enhanced audit and collection powers

Denmark

  • Supreme Court rules comparability analysis is required for transfer pricing purposes

Hong Kong

  • Legislative Council passes tax bills on carried interest and tax reductions

India

  • Fees paid to nonresident commission agent to generate foreign sales are not taxable
  • Ruling reaffirms pre-operative expenses are deductible from date business is set up

OECD

  • Widespread reductions to taxes on wages occurred in 2020, according to annual report

Portugal

  • Deadlines extended for certain VAT returns, FY 2020 corporate income tax return

United States

  • American Families Plan proposes individual tax hikes but leaves out key details

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