19 July 2020 U.S. International Tax This Week for July 17 Ernst & Young's U.S. International Tax This Week newsletter for the week ending July 17 is now available. Prepared by Ernst & Young's International Tax Services group, this weekly update summarizes important news, cases, and other developments in international taxation.
— Jul 16: US imposes new economic sanctions related to China and issues Executive Order on Hong Kong normalization status that will produce additional supply chain diligence responsibilities (Tax Alert 2020-1814) — Jul 13: USTR formalizes duty actions regarding France's Digital Services Tax with deferred implementation to 2021 (Tax Alert 2020-1784) — Jul 13: USTR announces delayed tariffs on French goods (Tax Alert 2020-1778) — Jul 10: COVID-19 and US CARES Act implications on interim filings under IFRS (Tax Alert 2020-1771) — Jul 10: US Government suspends defense exports and EAR export license exceptions for exports to Hong Kong (Tax Alert 2020-1769) — Jul 10: Cape Verde amends certain tax regimes and introduces Country-by-Country Reporting (Tax Alert 2020-1767) — Jul 15: Hong Kong enacts tax concession legislation for ship lessors and ship leasing managers (Tax Alert 2020-1802) — Jul 14: Vietnam implements taxation of digital transactions (Tax Alert 2020-1793) — Jul 13: Chile ratifies Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (Tax Alert 2020-1777) — Jul 16: Greece publishes draft proposal to implement Mandatory Disclosure Rules (Tax Alert 2020-1816) — Jul 16: European Commission adopts package for fair and simple taxation (Tax Alert 2020-1815) — Jul 16: European Commission publishes new rules for applying tariff quota in agricultural sector as of 1 January 2021 (Tax Alert 2020-1813) — Jul 16: EU-Vietnam Free Trade Agreement enters into force as of 1 August 2020 (Tax Alert 2020-1807) — Jul 15: UK Government releases guidance on moving goods between the EU and Great Britain as of 1 January 2021 (Tax Alert 2020-1803) — Jul 15: European Court of Justice rules royalty paid for know-how required for manufacture of finished products in the EU may need to be added to customs value of imported semi-finished products (Tax Alert 2020-1801) — Jul 14: European Commission publishes communication on Brexit readiness (Tax Alert 2020-1794) — Jul 13: Netherlands | Opposition party proposes inclusion of an exit tax in the Dutch Dividend Withholding Tax Act (Tax Alert 2020-1786) — Jul 13: Liechtenstein and Netherlands sign tax treaty (Tax Alert 2020-1783) — Jul 10: Spain proposes amendments to MDR Bill to introduce extension of MDR filing deadlines (Tax Alert 2020-1770) — Jul 13: Saudi Arabia exempts investment of oil and hydrocarbon producing companies into Saudi-listed companies (Tax Alert 2020-1785) — Jul 10: Oman Tax Authority announces initiatives to reduce economic impact of COVID-19 for businesses (Tax Alert 2020-1768) — Jul 15: OECD releases new corporate tax statistics including anonymized and aggregated Country-by-Country report statistics (Tax Alert 2020-1800)
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: 2020-1820 | ||||