by Ulrika Lomas, Tax-News.com, Brussels 06 December 2019 Switzerland has released a report on its efforts to resolve tax disputes, noting that the average time to complete mutual agreement procedure cases was 13 months in 2018, significantly below that required under the BEPS minimum standards. According to the State Secretariat for International Finance, those that...Read More

by Ulrika Lomas, Tax-News.com, Brussels 06 December 2019 The Swiss Federal Tax Authority has released new English-language guidance for foreign businesses on their obligations under Swiss VAT law. VAT Info No. 22 Foreign businesses, which has newly been issued in English, contains key information concerning the tax, reporting, and accounting obligations for businesses that have...Read More

by Mike Godfrey, Tax-News.com Washington 06 December 2019 On December 2, 2019, the United States Internal Revenue Service (IRS) issued final regulations on the foreign tax credit following major changes to the US tax code. According to a summary of the document, the final regulations provide guidance relating to the determination of the foreign tax...Read More

by Mike Godfrey, Tax-News.com Washington 06 December 2019 The United States may impose additional duties of up to 100 percent on certain French products in retaliation for France’s digital services tax, which a newly published report by the US Trade Representative (USTR) has concluded discriminates against certain US companies. The report was published on December...Read More