19 January 2020 U.S. International Tax This Week for January 17 Ernst & Young's U.S. International Tax This Week newsletter for the week ending January 17 is now available. Prepared by Ernst & Young's International Tax and Transaction Services group, this weekly update summarizes important news, cases, and other developments in international taxation.
The Power of Technology in Global Trade (January 22) — Jan 16: US and China sign Phase One Economic and Trade Agreement though tariffs remain (Tax Alert 2020-0118) — Jan 14: US and Japan formalize initial Trade Agreements, effective 1 January 2020 (Tax Alert 2020-0086) — Jan 15: Ghana's High Court decision allows monthly upfront mortgage concession for employees (Tax Alert 2020-0100) — Jan 13: Zambia amends VAT legislation (Tax Alert 2020-0073) — Jan 16: Taiwan releases final regulations on undistributed earnings tax exemption for substantive investments (Tax Alert 2020-0106) — Jan 15: Indonesia issues e-commerce trading regulation (Tax Alert 2020-0099) — Jan 14: Indonesia issues Tax Allowance Incentive regulation (Tax Alert 2020-0088) — Jan 10: Korea enacts 2020 tax reform bill (Tax Alert 2020-0059) — Jan 16: Honduras extends amnesty program again (Tax Alert 2020-0108) — Jan 15: Panama's tax authority extends due date for country-by-country obligations (Tax Alert 2020-0094) — Jan 15: Panama's tax authority issues resolution regulating the country-by-country notification obligation (Tax Alert 2020-0093) — Jan 14: Costa Rica's General Directorate of Customs published a resolution on the Customs Declaration Message Format (Tax Alert 2020-0084) — Jan 14: Uruguay offers tax credit for audiovisual content production (Tax Alert 2020-0080) — Jan 13: Argentina implements new tax on the purchase of foreign currency (Tax Alert 2020-0066) — Jan 10: El Salvador approves tax amnesty program (Tax Alert 2020-0061) — Jan 16: Finland passes Act to implement Mandatory Disclosure Rules (Tax Alert 2020-0112) — Jan 16: Germany's Ministry of Finance revises standards for proper management and storage of books, records and documents in electronic form (Tax Alert 2020-0111) — Jan 15: Italy introduces proportional tax on plastic items (Tax Alert 2020-0097) — Jan 14: Luxembourg implements EU ATAD 2 – A detailed review (Tax Alert 2020-0085) — Jan 13: EU | Holding companies and access to EU directives and tax treaty benefits post-BEPS in light of recent court decisions (Tax Alert 2020-0072) — Jan 13: Netherlands removes Kuwait, Qatar, Saudi Arabia and Belize from list of low-taxed jurisdictions for FY 2020, adds Barbados and Turkmenistan (Tax Alert 2020-0070) — Jan 10: Italy approves 2020 Budget Law (Tax Alert 2020-0049) — Jan 10: Poland requires dematerialization of paper shares in Polish joint stock companies (Tax Alert 2020-0048) — Jan 15: Turkey's 7.5% Digital Services Tax to be effective 1 March 2020 (Tax Alert 2020-0102) — Jan 15: Qatar introduces transfer pricing documentation requirements (Tax Alert 2020-0098) — Jan 13: Israel's updated salary threshold requirements and governmental visa application charges discussed (Tax Alert 2020-0069) — Jan 13: OECD releases additional guidance on Country-by-Country Reporting and a summary of related notification requirements (Tax Alert 2020-0075) — Jan 13: OECD releases third peer review report on Action 5 on the exchange of tax rulings (Tax Alert 2020-0071) Washington Dispatch
Ernst & Young Client Portal, the leading source for news, analysis, and reference materials for corporate tax professionals, has a variety of content of interest to international tax practitioners, including: — International Tax Online Reference Service. Key information about, and important tax developments from, 56 foreign jurisdictions, including information on tax rates, interest rates and penalties, withholding, and filing dates. — EY/Passport. EY/Passport is your guide to planning ventures in the global economy, offering a wealth of tax and business knowledge on more than 150 countries. Because the matters covered herein are complicated, U.S. International Tax This Week should not be regarded as offering a complete explanation and should not be used for making decisions. Any decision concerning matters covered herein should be reviewed with a qualified tax advisor. Document ID: 2020-0120 | |||||||