World Tax Adviser

 A world of news with tax@hand

30/10/2020

Featured Article

  • Spain enacts financial transaction tax

Australia

  • Tax loss carry back legislation passed

Colombia

  • Tax authorities publish rules for applying mutual assistance agreement procedure

Czech Republic

  • Uncertainty regarding implementation of digital services tax continues

Egypt

  • Unified tax procedures law introduced

El Salvador

  • Tax authorities are focusing on deductibilty of payments for services

France

  • Court rules long-term capital gains tax paid by certain EU companies violates EU law

Hong Kong

  • IRD updates guidance in light of new accounting standard on revenue recognition

India

  • ITAT rules that tax deducted from nontaxable offshore supplies is eligible for refund

Indonesia

  • DPR passes draft Omnibus Law for improvement of business climate

Netherlands

  • Supreme Court rules on WHT refund regime for nonresident FIIs

Oman

  • Amendments to income tax law announced 

Taiwan

  • Draft amendments to Business Mergers and Acquisitions Act proposed

United States

  • Deadlines to preserve right to request competent authority assistance
  • Summary of final consolidated return regulations addressing recent NOL rule changes 

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