September 18, 2022
U.S. International Tax This Week for September 16
Ernst & Young's U.S. International Tax This Week newsletter for the week ending September 16 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.
— Sep 13: United States | Substantial retrogression in the employment-based second preference category for Indian-born green card applicants (Tax Alert 2022-1368)
— Sep 15: Visa application processing resumes at South African Missions and deadline extension for ZEP holders (Tax Alert 2022-1380)
— Sep 12: Kenya High Court holds that administration and enforcement of betting tax should be in accordance with the Tax Procedures Act (Tax Alert 2022-1363)
— Sep 15: Taiwan relaxes requirement to submit withholding tax statement from a Foreign Institutional Investor when applying ex-post for reduced tax rate in accordance with an income tax agreement (Tax Alert 2022-1381)
Canada & Latin America
— Sep 14: Mexico’s proposed 2023 Economic Package includes minimal changes to tax law (Tax Alert 2022-1374)
— Sep 12: Peruvian Government sends MLI to Congress for approval (Tax Alert 2022-1362)
— Sep 15: European Commission proposes Regulation introducing electricity revenue cap and solidarity contribution of fossil sector (Tax Alert 2022-1382)
— Sep 14: Poland issues draft amendments to address potential issues when applying withholding tax relief at source based on management board's statement (Tax Alert 2022-1373)
— Sep 14: EU considers electricity revenue cap and windfall tax as part of emergency package (Tax Alert 2022-1372)
— Sep 13: Portugal introduces new visas for job seekers and remote workers and updates existing immigration rules (Tax Alert 2022-1369)
— Sep 13: Five major EU Member States commit to swift implementation of Pillar Two by any possible legal means (Tax Alert 2022-1367)
— Sep 13: Poland proposes additional changes to shifted profits tax (Tax Alert 2022-1366)
— Sep 09: Ireland publishes updated guidance on tax deductibility of Digital Services Taxes (Tax Alert 2022-1357)
— Sep 15: Turkey confirms non-taxable status of liaison offices that are licensed to perform regional management center activities and that do not perform any commercial activities (Tax Alert 2022-1379)
— Sep 09: UAE Federal Tax Authority publishes Public Clarification on financial guarantee calculation for excise tax designated zones (Tax Alert 2022-1359)
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:
— 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.