August 8, 2021
U.S. International Tax This Week for August 6
Ernst & Young's U.S. International Tax This Week newsletter for the week ending August 6 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 30: Arrangements between US and UK competent authorities clarify understanding of terms in the US-UK tax treaty (Tax Alert 2021-1448)
— Jul 22: 2021 Annual Report of the USCIS Ombudsman provided (Tax Alert 2021-1406)
Canada & Latin America
— Aug 02: Mexico extends deadline for complying with tax law on outsourcing services to September 1 (Tax Alert 2021-1456)
— Jul 22: Canada easing travel restrictions for U.S. citizens and Permanent Residents (Tax Alert 2021-1405)
— Aug 05: Cyprus to introduce new tax measures as part of its National Recovery and Resilience Plan (Tax Alert 2021-1469)
— Aug 05: Luxembourg Tax Authorities issue guidance on administrative fines related to tax infractions and procedures applicable to criminal tax offenses (Tax Alert 2021-1468)
— Aug 05: Spanish National High Court issues favorable decisions with respect to international holding structures after ECJ Danish cases (Tax Alert 2021-1465)
— Aug 04: Poland’s proposed tax reform includes significant changes to tax system (Tax Alert 2021-1462)
— Aug 03: Georgia postpones VAT on foreign suppliers of digital services to 1 October 2021 (Tax Alert 2021-1459)
— Aug 02: Cypriot Tax Department announces update of XML Schema for DAC6/MDR submissions (Tax Alert 2021-1445)
— Jul 29: UK waives quarantine requirements for fully vaccinated individuals traveling to England from Europe and US effective August 2 (Tax Alert 2021-1437)
— Aug 03: Israel publishes tax measures under its 2021 - 2022 proposed budget (Tax Alert 2021-1460)
— Aug 06: Australia's Refugee Talent pilot and international border update provided (Tax Alert 2021-1470)
Internal Revenue Bulletin
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.