Tax-News.Com Live Tax Headlines Live Tax Headlines From Tax-News.Com en-us 3/18/2018 8:17:43 AM 3/18/2018 8:17:43 AM Countries Agree To Push For Global 'Digital Tax' Solution By 2020 More than 110 countries and jurisdictions have agreed to review two key concepts of the international tax system, as part of the OECD's response to a mandate from the G20 Finance Ministers to work on the implications of digitalization for taxation. 3/16/2018 3:31:00 PM EU MEPs Back CCCTB Proposal Members of the European Parliament (MEPs) have backed plans to tax companies where they earn their profits under a harmonized EU corporate tax system. 3/16/2018 4:03:00 PM SARS Announces Temporary Relief From New CFC Reporting Rules The South African Revenue Service has announced that it will temporarily permit taxpayers to report information on controlled foreign corporations under the old filing rules, which were replaced in February. 3/16/2018 4:03:00 PM India Should Target Simpler GST Regime: World Bank The World Bank has released a new report that recommends how India can simplify and improve the efficiency of its new goods and services tax regime, which was introduced in July 2017. 3/16/2018 4:03:00 PM EU Expects To Be Excluded From US Steel Tariffs The EU expects to be excluded from the scope of the US's new tariffs on imports of steel and aluminum, according to the bloc's Vice-President for Jobs. 3/16/2018 4:03:00 PM UK Hails Win Over Tax-Avoidance Scheme HM Revenue and Customs, the UK tax agency, has lauded a ruling in its favor secured before the courts that will save the UK exchequer tens of millions of pounds in related tax-avoidance cases. 3/16/2018 4:04:00 PM US And Liechtenstein To Negotiate Double Tax Treaty The governments of Liechtenstein and the United States have recently discussed the possibility of beginning negotiations for a bilateral double tax avoidance treaty. 3/16/2018 4:04:00 PM EU Adopts New Rules For Tax Advisers The EU is to require intermediaries that design and/or promote tax planning schemes to report schemes that are considered potentially aggressive. 3/16/2018 5:19:00 PM IRS Adds To Transition Tax Guidance The Internal Revenue Service has issued additional information to help taxpayers to meet their filing and payment obligations for the newly introduced Section 965 transition tax. 3/16/2018 5:19:00 PM Davis Resigns UK To Shorter Brexit Transition Period In an interview with UK state news agency BBC's Newsnight, David Davis, the UK's Brexit negotiator, said the UK would "live with" the December 2020 transition deal being offered by the European Union as part of Brexit, even though the UK had sought the later date of March 2021. 3/16/2018 5:19:00 PM