International Tax News Blog

Archives: June 2019

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  • GILTI, Subpart F Regimes Warrant Legislative Consideration

    Tax AnalystsBy Emily L. Foster

    Congress should contemplate legislation to address policy issues regarding the 2017 tax law’s international tax regime, pending the release of tax return data and the OECD’s proposal on minimum taxes, according to a congressional staffer.

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    By Emily L. Foster, posted on Friday June 28, 2019
  • Hungary Hooks European Court’s Approval of Advertising Levy

    Tax AnalystsBy Jennifer Mcloughlin

    The European Commission fell short in swaying support for its decision that Hungary’s progressive advertising tax violated EU state aid rules.

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    By Jennifer Mcloughlin, posted on Friday June 28, 2019
  • EU Divided Over Minimum Effective Taxation

    Tax AnalystsBy Elodie Lamer

    Both the European Parliament and the EU Council cannot agree internally whether to further discuss the need for minimum effective taxation.

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    By Elodie Lamer, posted on Thursday June 27, 2019
  • U.S. Congress Looks to Roll Back Executive Tariff Authority

    Tax AnalystsBy Annagabriella Colon

    Congress may step in to reevaluate and limit the constitutional authority it has been sharing with the executive branch regarding tariffs, and Rep. Earl Blumenauer, D-Ore., said he expects bipartisan support for a restriction.

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    By Annagabriella Colon, posted on Thursday June 27, 2019
  • French Lawmakers Reach Compromise to Advance DST

    Tax AnalystsBy Stephanie Soong Johnston and Teri Sprackland

    France’s Senate and National Assembly have ironed out compromise legislation for a digital services tax, which includes a provision seeking clarification on whether the European Commission would raise state aid issues.

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    By Stephanie Soong Johnston and Teri Sprackland, posted on Thursday June 27, 2019
  • U.K. Government Appeals Against EU State Aid Decision on CFCs

    Tax AnalystsBy Andrew Goodall

    The United Kingdom government has appealed against the European Commission’s decision that an exemption from the U.K. controlled foreign company rules for intragroup interest granted a selective advantage and constituted state aid.

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    By Andrew Goodall, posted on Thursday June 27, 2019
  • FTT Countries Could Receive at Least €20 Million Each

    Tax AnalystsBy Elodie Lamer

    France and Germany have proposed a method for the “mutualization” of financial transaction tax revenues that would ensure that each of the 10 participating countries would get at least €20 million.

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    By Elodie Lamer, posted on Thursday June 27, 2019
  • In Search of Legislative History

    Tax AnalystsBy H.David Rosenbloom

    H. David Rosenbloom notes that a proposed elective exclusion of high-tax non-subpart F income from tested income contained in recent proposed regs has no statutory basis.

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    By H.David Rosenbloom, posted on Tuesday June 25, 2019
  • Poland Accepts Foreign Market Data, Rules Out Secret Comparables

    Tax AnalystsBy H.David Rosenbloom

    At least for purposes of enforcing pre-2019 law, Poland’s tax administration will not refer to secret comparables or require that taxpayers use domestic transactions or companies when applying the selected transfer pricing method.

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    By Ryan Finley, posted on Tuesday June 25, 2019
  • U.S. Carbon Tax Could Fit with WTO Obligations, Report Says

    Tax AnalystsBy H.David Rosenbloom

    Lee A. Sheppard discusses pending tax treaties and protocols in the U.S. Senate and how the chamber might finally be taking action to ratify agreements with Hungary, Switzerland, Luxembourg, and others.

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    By Tax Analyst, posted on Monday June 24, 2019


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