by usoftax_admin | Mar 25, 2024 | Tax News
A proposed weight-based tax on single-use plastic bags would catch the Philippines up with major economies and generate an estimated 31.52 billion Philippine pesos ($560 million) in its first three years, the country’s Department of Finance said Monday. by usoftax_admin | Mar 25, 2024 | Tax News
Nigeria’s tax authority filed criminal tax evasion charges against Binance, one of the world’s largest cryptocurrency exchanges, and two of its executives, one of whom escaped custody Monday, according to state-owned media. by usoftax_admin | Mar 25, 2024 | Tax News
Students as well as parents are considered eligible borrowers of a refinancing qualified student loan under a state supplemental loan program, regardless of who was the original borrower, the Internal Revenue Service said Monday. by usoftax_admin | Mar 25, 2024 | Tax News
Authorities are investigating three Italian citizens based around the world for their roles in a value-added tax fraud scheme involving oil sales that led to an estimated €92 million ($99.7 million) in damages, the European Public Prosecutor’s Office said... by usoftax_admin | Mar 25, 2024 | Tax News
Two U.K. residents aren’t liable for taxes tied to certain payments from an affiliated offshore company to a third-party foreign corporation, a British appeals court ruled Monday, finding the underlying transactions didn’t amount to services that would... by usoftax_admin | Mar 25, 2024 | Tax News
A Romanian appellate court asked the European Union’s Court of Justice to rule on whether payments to a Belgian parent company from a Romanian associated company to align profits under OECD transfer pricing guidelines fall within the scope of value-added tax, a...