Norway intensifies VAT audits and enforcement for online businesses
Norway’s tax authorities' audits of 150 foreign digital service providers recovered nearly NOK 4.9 billion in VAT, penalties, and post-registration filings between 2016 and 2025. Norway’s tax administration (Skatteetaten), in a press
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Italy: Google settles tax dispute for EUR 326 million, Amazon faces EUR 3 billion VAT evasion penalty
Google has settled a tax dispute with Italy’s tax authorities by paying EUR 326 million for alleged unpaid taxes from 2015 to 2019. The payment includes sanctions, penalties, and interest. Italian prosecutors had investigated Google for not
See MorePoland: Parliament approves a bill to amend various income tax rules
On 30 September 2020, the Polish lower house of Parliament (Sejm) approved a Bill No.642 amending various income tax rules for business. The measures of Bill No. 642 will apply from 1 January 2021. The bill includes a number of proposed tax
See MoreUS: IRS publishes additional guidance on base erosion and anti-abuse tax
On 1 September 2020, the Internal Revenue Service issued final regulations providing additional guidance on the base erosion and anti-abuse tax (BEAT). To limit profit-shifting, the Tax Cuts and Jobs Act (TCJA) added a new tax, the BEAT. The
See MoreCzech Republic: Finance Ministry announces latest updates in response to COVID-19 outbreak
On 14 April 2020, the Finance Ministry has made announcement about some measures related to VAT. The measures are given below: The penalty of amount CZK 1,000 applies in case of fail to file a control statement during the period lies from 1
See MoreFrance: Government publishes draft second Amendment Financing Act for 2017
On 15 November 2017, a second draft amending Finance Bill for 2017 was submitted to the French Council of Ministers and was submitted to the French Parliament. The draft law emphasized the following tax measures for the coming year. Anti-Evasion
See MoreUAE: Penalties for noncompliance with VAT Law
The Council of Ministers adopted new fines and penalty fees for non-compliance with Value Added Tax (VAT) Law on October 2, 2017. These fines are imposed on businesses that don’t follow the new rules. Penalties for failing to follow to tax laws
See MoreUkraine: Plans to crack down on the gray economy
The Government is fighting against tax evasion, highlighting a new policy of focusing efforts on the tax affairs of major companies and new policy to counter the gray economy, said Ukraine’s Deputy Minister of Revenue and Duties, Volodymyr
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