The IRS published proposed regulations related to Sections 451(b) and 451(c), providing guidance for taxpayers that use an accrual accounting method and have an applicable financial statement and/or receive advance payments.
The EU’s rules relating to the mandatory disclosure of aggressive tax practices, otherwise known as DAC6,have been finalised.
The United States has increased the minimum penalty for failing to file a tax return.
Mandatory e-filing has been extended to nonprofit organisations.
Significant amendments have been made to Delaware corporation laws.
The UK has changed the way corporation tax payments must be made in respect of profits or gains between UK companies and group companies located in other EU countries.
Amendments to Sweden’s Employment Protection Act will extend an employee’s protection from termination without just cause from the age of 67 to 69.
Changes have been made to Romania's Labour Code to promote in-vitro fertilisation.
Iceland has introduced a new provision that requires certain employers to obtain an equal pay certification.
The Social Security Agreement between China and Japan has taken effect.
Amendments made to Decree 9,904 require certain operations to be registered in a system maintained by the Ministry of Economy.
The Czech Republic has introduced a new research and development (R&D) allowance.