The UAE Ministry of Finance recently shared the key features and status of its VAT implementation process.
The US Treasury Department updated its list of countries that require an international boycott as a condition of doing business.
The UK government published a white paper, ”The Great Repeal Bill,” which will have the effect of transferring EU laws, which the UK is currently bound by, into UK law once the UK leaves the EU.
Changes have been enacted that ensure increased flexibility when utilizing prior year tax losses.
The Chancellor of the Exchequer, Phillip Hammond, presented his first and last Spring Budget on March 8.
The UK has a longstanding tax exemption for the first £30,000 of non-contractual termination payments, or “payments in lieu of notice.”
An amendment bill has been announced by the Executive Yuan that interest imposed on penalties for late tax payments will be abolished.
The Federal Council in Switzerland approved amending the withholding tax ordinance to encourage financing groups of companies in Switzerland.
The Swedish Finance Ministry announced the creation of a new registry.
As part of an ongoing effort to improve employee/family life in Spain, the statutory paternity leave has increased, effective January 1, 2017.
Employers with operations in Spain are reminded that they are required to takemeasures to ensure workers' safety.
The Inland Revenue Authority of Singapore (IRAS) recently released revised 2017 transfer pricing guidelines.