25 May 2023 U.S. International Tax This Week for May 26 Ernst & Young's U.S. International Tax This Week newsletter for the week ending May 26 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.
BEPS 2.0: Pillar Two implementation and practical considerations (June 7) Private equity and private capital quarterly tax webcast (June 8) — May 23: Hong Kong passes bill on tax concessions for Family-owned Investment Holding Vehicles (Tax Alert 2023-0927) — May 24: UK announces new restrictions to the Student visa route (Tax Alert 2023-0934) — May 23: Geneva Parliament votes to abolish the Geneva Municipal Business Tax (Tax Alert 2023-0930) — May 22: Final regulations published for new EU Carbon Border Adjustment Mechanism (CBAM) and EU Emission Trading System revisions; CBAM transition period begins 1 October 2023 (Tax Alert 2023-0925) — May 19: G7 Finance Ministers welcome OECD progress report on tax cooperation and reiterate commitment to implementation of Pillars One and Two (Tax Alert 2023-0920) — May 18: EU customs reform proposal embraces modern approach to e-commerce (Tax Alert 2023-0906) — May 18: Italian Tax Authority rules effects of UK VAT groups not recognized for Italian VAT purposes (Tax Alert 2023-0905) — May 18: Serbia to introduce Single Permits for work and residence authorization (Tax Alert 2023-0904) — May 22: Israel's Tax Authority explains its stance on classification of SAFE instruments (Tax Alert 2023-0924) 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. Document ID: 2023-0940 | |