April 9, 2023 U.S. International Tax This Week for April 7 Ernst & Young's U.S. International Tax This Week newsletter for the week ending April 7 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.
————————————————————————— Worldwide VAT, GST and Sales Tax Guide 2023 ————————————————————————— Tax in a time of transition: Legislative, economic, regulatory and IRS developments (April 21) BorderCrossings... With EY transfer pricing and tax professionals (April 27) ————————————————————————— United States — Apr 03: USCIS announces H-1B lottery results and considerations for working in Canada (Tax Alert 2023-0642) Africa — Apr 04: South Africa announces automatic extensions for eligible visa holders until December 31 (Tax Alert 2023-0663) — Apr 04: Kenya High Court upholds that interchange fees are financial services exempt from VAT (Tax Alert 2023-0662) Asia — Apr 05: Malaysia implements instant approval of employer submitted expatriate projection applications (Tax Alert 2023-0669) — Apr 05: Singapore Enhanced medical insurance requirements for Work Permit and S Pass holders from July 1 (Tax Alert 2023-0668) — Apr 04: Singapore updates scoring criteria under the new Complementary Assessment framework (Tax Alert 2023-0655) — Apr 04: Hong Kong requires applicants under four Talent Admission Schemes to submit visa and entry permit applications online (Tax Alert 2023-0652) Canada & Latin America — Apr 06: EY Canada's Tax Matters @ EY for April 2023 (Tax Alert 2023-0674) — Apr 04: Canada Federal budget 2023/24: A made-in-Canada plan (Tax Alert 2023-0658) — Apr 03: Canada announces amendments to ease the Prohibition on the Purchase of Residential Property by Non-Canadians Act (Tax Alert 2023-0637) — Mar 31: Costa Rican inactive entities must file their informative return on new form D-195 by 31 May 2023 (Tax Alert 2023-0621) Europe — Apr 06: UK concludes negotiations to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Tax Alert 2023-0677) — Apr 05: Ireland launches consultation on EU Minimum Tax Directive and proposed legislative approach (Tax Alert 2023-0666) — Apr 04: Albania introduces Single Permits and new Residence Permits for specific categories of foreign nationals (Tax Alert 2023-0665) — Apr 04: Bulgaria introduces new temporary obligation for solidarity contribution (Tax Alert 2023-0661) — Apr 04: EU VAT Committee publishes working paper on non-fungible tokens (Tax Alert 2023-0659) — Mar 31: Portugal's Immigration and Border staff announce strike from April 5 (Tax Alert 2023-0627) Middle East — Apr 03: Saudi Arabia amends Implementing Regulations on excise tax (Tax Alert 2023-0641) Oceana — Apr 04: Australian Treasury releases Exposure Draft Bill to deny deductions for payments by significant global entities to low-tax jurisdictions relating to intangible assets (Tax Alert 2023-0664) — Mar 31: Australia proposes to impose additional registration requirements under the Foreign Investment Review Board Regulations (Tax Alert 2023-0622) Multinational — Apr 05: OECD releases fifth annual peer review report on BEPS Action 6 relating to the prevention of treaty abuse (Tax Alert 2023-0671) ————————————————————————— ITS/Washington Dispatch Legislation
Treasury and IRS news
Transfer pricing
OECD developments
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————————————————————————— 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. | |||||||