02 May 2021 U.S. International Tax This Week for April 30 Ernst & Young's U.S. Tax This Week newsletter for the week ending April 30 is now available. Prepared by Ernst & Young's National Tax Department in Washington, D.C., this weekly update summarizes important news, cases, and other developments in U.S. taxation.
Digital services tax jurisdiction activity summary updated Work from anywhere: How do we re-envisage our future after the unimaginable? (May 19) A taxpayer’s guide to the International Compliance Assurance Programme (ICAP) (May 20) — Apr 29: Indian Court rules on applicability of Most Favored Nation clause for determining withholding tax rate on dividend payments (Tax Alert 2021-0881) — Apr 28: Hong Kong introduces legislation regarding tax treatment of court-free amalgamation of companies (Tax Alert 2021-0867) — Apr 23: Taiwan extends validity period of withholding tax relief at source for certain foreign institutional investors (Tax Alert 2021-0845) — Apr 29: Canada bans flights from India and Pakistan for 30 days (Tax Alert 2021-0877) — Apr 26: Dominican Republic issues amendments to transfer pricing regulations (Tax Alert 2021-0858) — Apr 26: Mexico enacts labor reform, denies deductions for outsourcing services (Tax Alert 2021-0857) — Apr 23: Colombia's Executive branch submits tax reform bill to Congress (Tax Alert 2021-0849) — Apr 23: Mexican Congress approves labor reform addressing outsourcing services (Tax Alert 2021-0846) — Apr 22: Ecuador and the United States sign Tax Information Exchange Agreement (Tax Alert 2021-0832) — Apr 28: Changes to Portugal's OSS scheme and VAT filing and payment deadlines discussed (Tax Alert 2021-0870) — Apr 28: Portugal nonresidents must use authorized software to issue VAT invoices from 1 July 2021 (Tax Alert 2021-0866) — Apr 26: German Federal Ministry of Finance tightens marketplace liability rules (Tax Alert 2021-0856) — Apr 23: Danish Government revises proposed CFC legislation (Tax Alert 2021-0841) — Apr 23: Turkey increases corporation tax rate for 2021 and 2022 tax years (Tax Alert 2021-0835) — Apr 28: OECD releases Israel Stage 2 peer review report on implementation of Action 14 minimum standard (Tax Alert 2021-0871) — Apr 29: OECD releases New Zealand Stage 2 peer review report on implementation of Action 14 minimum standard (Tax Alert 2021-0880) — Apr 29: OECD releases Australia Stage 2 peer review report on implementation of Action 14 minimum standard (Tax Alert 2021-0879)
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: 2021-0885 | |||||||