Tax News

• Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report February 20, 2020
  The UK's National Audit Office has called for a more comprehensive review of the 1,190 tax relief measures available for taxpayers, which are estimated to have cost the UK revenues worth GBP155bn (USD201.7bn) in 2018-19.
• Tax-News.com: European Parliament Seeks Aligned EU-UK Rules February 20, 2020
  Members of the European Parliament want the EU and UK to reach an ambitious new free trade agreement, but have stressed that there must be a "level playing field."
• Tax-News.com: Many EU States Tardy In Adopting Anti-Tax Avoidance Directives February 6, 2020
  On January 24, 2020, the European Commission issued formal notices to numerous European Union member states with regards to lapses in the implementation of various EU anti-tax avoidance directives.
• Tax-News.com: Switzerland Confirms Status Quo With UK February 6, 2020
  Switzerland has said that the withdrawal of the UK from the EU on January 31 will not change the relationship between Switzerland and the UK in the near future.
• Tax-News.com: EU To Soon Launch Tax And Trade Talks With UK February 6, 2020
  The European Commission has taken the first step toward negotiating a new relationship with the UK by issuing a recommendation to the European Council that the talks should commence.
• Tax-News.com: EU Member States Slow To Implement VAT Quick Fixes February 6, 2020
  The European Commission has launched infringement proceedings against 14 member states for failing to implement the so-called value-added tax quick fixes.
• Tax-News.com: German Businesses Call For 25pc Corporate Tax Rate February 6, 2020
  The Federal Association of German Industry, the BDI, has urged the German government to forge ahead with corporate tax reforms, warning that Germany's corporate tax regime is becoming increasingly out of step with the country's competitors.
• Tax-News.com: Ireland Schedules Election For February 8 January 27, 2020
  A general election will take place in Ireland on February 8, with Prime Minister Leo Varadkar saying that this date provides a window to ensure a new government is in place ahead of the next European Council meeting in March.
• Tax-News.com: UK Steadfast On Digital Services Tax Plans January 27, 2020
  The UK Chancellor, Sajid Javid, has said the UK intends to push ahead with the introduction of a digital services tax from April 2020, despite warnings from the US that it would consider tariffs on UK-made goods.
• Tax-News.com: France Confirms Digital Tax Delay January 27, 2020
  On January 22, 2020, French Finance Minister Bruno Le Maire confirmed that France will suspend collection of its digital services tax this year to prevent the United States from applying retaliatory tariffs on a range of French goods.