US – Increase in Tax Return Filings
The Internal Revenue Service (IRS) has announced that filings of tax returns in the United States 2014 individual income tax season have increased by comparison to filings for the same period in the previous year. As of February 7, the IRS had
See MoreUS: Internal Revenue Service (IRS) opens 2014 Tax Season
The US Internal Revenue Service (IRS) opened the 2014 United States filing season for individuals on January 31, highlighted a growing selection of online services, and encouraged taxpayers to check out a variety of tax benefits, such as the Earned
See MoreItaly: Law Decree published regarding voluntary disclosure procedure
On 29 January 2014 Law Decree No. 4 of 28 January 2014 was published in the Official Gazette. This Decree provided clarifications with regard to the voluntary disclosure procedure. The Law Decree entered into force also on 29 January 2014 and will
See MoreTaiwan: Worried At Non-Declaration of Property Income
Recently, Taiwan’s National Taxation Bureau (NTBT) published that the requirement to announce, on an income tax return, profits for an off-plan property transaction cannot be escaped non-residents is involved. They also specified that, even any
See MoreUS 2014 tax season to open on January 31
The United States Internal Revenue Service (IRS) has declared that it plans to open the 2014 tax filing season on January 31 instead of the original opening date of January 21. The new opening date for individual to file their tax returns for 2013
See MoreBelgium: Extension of tax-on-web filing deadline
The deadline for filing individual income tax declarations via the Finance Ministry’s Internet portal tax-on-web is extended. And it is published by the Belgian Ministry of Finance. And, until October 31, 2013 the tax-on-web filing deadline will
See MoreSweden: Record number of taxpayers filing electronically
Online individual tax returns filing, or by text message or phone is available in Sweden. This offers advantages for taxpayers such as earlier receipt of tax refunds due, and helps the tax administration by reducing compliance costs. The Swedish tax
See MoreTax amendments of Indonesia to be introduced in 2013
Number of tax amendments has been made to the tax system of Indonesia which will be introduced in 2013. One of the amendments is the change of individual income tax threshold which will be increased to IDR 24,300,000 from IDR 15,840,000 as effective
See MoreSpain- New procedures on CIT and non-residents tax returns (regarding PEs)
By Order HAP/1023/2012 of 11 May 2012, the Ministry of Finance and Public Administrations of Spain approved the new forms, procedures and the stipulated periods for the corporate income tax (CIT) and the non-residents income tax returns (regarding
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