March 19, 2023 U.S. International Tax This Week for March 17 Ernst & Young's U.S. International Tax This Week newsletter for the week ending March 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.
————————————————————————— Tax in a time of transition: legislative, economic, regulatory and IRS developments (March 17) EY Webcast addresses new developments about the CHIPS and Science Act of 2022 (March 21) How recent developments potentially impact cross-border tax controversy procedures and processes (March 30) What to know about the 2023 EY Tax risk and controversy survey results — Americas and Europe (April 5) ————————————————————————— United States — Mar 16: International policy changes represent nearly 30% of total tax increases in President Biden's FY2024 budget (Tax Alert 2023-0501) — Mar 16: New developments about the CHIPS and Science Act of 2022 (Tax Alert 2023-0489) Asia — Mar 16: Japan's Tax Authority confirms that a representative and registration in Japan as required under Companies Act does not create a PE (Tax Alert 2023-0491) — Mar 15: Pakistan increases Sales Tax and Federal Excise tax rates (Tax Alert 2023-0484) — Mar 14: Malaysia allows Singapore applicants to apply for Entry Visas online (Tax Alert 2023-0477) — Mar 14: Malaysia expedites pass endorsement for eligible Employment Pass and Professional Visit Pass applicants (Tax Alert 2023-0476) Canada & Latin America — Mar 16: Uruguay's President announces tax reductions that would alleviate some tax burdens for individual taxpayers and small to medium-sized companies (Tax Alert 2023-0502) — Mar 16: Costa Rican Customs Authorities communicate end of temporary relief for maritime freight costs (Tax Alert 2023-0500) — Mar 16: Mexico deposits instrument for ratification of the MLI (Tax Alert 2023-0493) — Mar 15: Uruguayan Government proposes exemptions to aid the agricultural sector given its state of emergency (Tax Alert 2023-0487) — Mar 14: Chilean Chamber of Deputies rejects tax reform bill (Tax Alert 2023-0480) Europe — Mar 17: UK increases Plastic Packaging Tax rate (Tax Alert 2023-0506) — Mar 16: Sweden exempts certain residence and work permit applicants from passport verification process (Tax Alert 2023-0496) — Mar 16: Sweden postpones deadline for report on enhancements to immigration regulations until January 2024 (Tax Alert 2023-0495) — Mar 16: UK announces launch of Electronic Travel Authorisation scheme in phases starting in November 2023 (Tax Alert 2023-0494) — Mar 16: UK Chancellor delivers Spring Budget 2023 (Tax Alert 2023-0492) — Mar 14: Kosovo passport holders to soon be able to travel to the EU without a visa (Tax Alert 2023-0475) — Mar 14: UK updates right to work guidance for employers (Tax Alert 2023-0474) — Mar 14: UK publishes Statement of Changes to Immigration Rules (Tax Alert 2023-0472) — Mar 14: Estonian tax measures triggered after new countries including Russia are added to EU list of non-cooperative jurisdictions (Tax Alert 2023-0468) Middle East — Mar 15: Dubai reinstates former import value threshold of consignments (Tax Alert 2023-0485) ————————————————————————— Internal Revenue Bulletin
————————————————————————— EY’s Tax News Update, 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’s Tax and Law Guides. Tax and Law Guides | EY - Global 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. | ||||