UK 2020 Budget retains 19% corporate tax rate
March 11, 2020UK’s new chancellor, Rishi Sunak, today presented his first Budget to Parliament. The Government will legislate to retain the current 19 percent corporate tax rate in April 2020.
Norway consulting on new withholding tax on interest, royalties
March 6, 2020Norway’s Finance Ministry is consulting shareholders on a new proposal to introduce withholding tax on certain payments to non-resident related parties.
South Africa consulting on rule to limit interest expense deduction
March 5, 2020South Africa’s latest Budget includes a proposal to restrict deduction of interest expenses.
US Congresswoman introduces public country by country reporting Bill
February 22, 2020A new House Bill introduced by US Congresswoman Cynthia Axne seeks to mandate public country-by-country (CbC) reporting by large multinational enterprises (MNEs).
US government issues corrections to BEAT regulations
February 22, 2020The US Government has published correcting amendments to Treasury Decision (TD) 9885, which implements the base erosion and anti-abuse tax (BEAT).
New tax treaty between Ireland, Netherlands enters into force
March 6, 2020A new tax treaty between the Netherlands and Ireland entered into force on February 29.
Tax treaty between Albania, Saudi Arabia come into force
January 22, 2020The tax treaty between Albania and Saudi Arabia entered into force on December 1, 2019.
Tax treaty between Japan, Morocco signed
January 21, 2020Japan and Morocco on January 8, 2020, signed a new tax treaty.
