Tax

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Recent Articles

  •  
    18/03/2024
    Sweden

    Förslag till införande av ett Head Office Taxation System i EU

    Den 13 september 2023 presenterade Europeiska kommissionen ett förslag till direktiv om ett system där hemviststatens skatteregler tillämpas för mikroföretag samt små och medelstora företag (Head Office Taxation System, HOTS). Detta i syfte att underlätta för dessa företag att bedriva verksamhet i mer än en medlemsstat. Förslaget har kritiserats av regeringen i en faktapromemoria publicerad 10 oktober som menar att det brister i träffsäkerhet och proportionalitet.Förslaget till direktiv innebär att berörda företag...
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  •  
    18/03/2024
    Sweden

    Regeringen föreslår lättnader i de s.k. un­der­skott­s­re­g­lerna

    För företag finns det skatteregler som — förenklat beskrivet — innebär att möjligheten att nyttja tidigare års underskott kan begränsas efter vissa ägarförändringar i det s.k. underskottsföretaget eller dess moderföretag. Den 22 januari publicerade Finansdepartementet en promemoria med förslag om att förbättra och förenkla dessa underskottsregler.I det nyligen publicerade förslaget föreslås följande förändringar:Beloppsspärren höjs – Beloppsspärren anger...
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  •  
    12/03/2024
    United Kingdom

    UK Independent Film Tax Credit

    On Wednesday 6 March 2024, the Chancellor of the Exchequer announced the introduction of the UK Independent Film Tax Credit (“IFTC”) in the Spring Budget.The IFTC is specifically targeted at the UK’s independent film industry. Following the recent Culture, Media and Sport Committee which was set up to look at the challenges the sector faces, the Government seemingly recognises the value of investing in film-making and has sought to stimulate the production of independent films in the UK via this new regime.What is IFTC?IFTC will enable producers of eligible films to opt-in to...
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  •  
    11/03/2024
    United Kingdom

    Welcome amendment to the Construction Industry Scheme regulations as they relate to payments between landlord and tenants

    At the Autumn Statement 2023, the government announced amendments to the Income Tax (Construction Industry Scheme) Regulations 2005 (the Regulations), including removing certain payments between landlord and tenants from the scope of the Construction Industry Scheme (the CIS).Those amendments will come into force on 6 April 2024, having been laid before the House of Commons on 8 March 2024.What was the concern?The CIS was originally introduced to protect revenue in relation to the construction sector, with significant non-compliance suspected as a result of cash-in-hand payments. The CIS requires...
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  •  
    08/03/2024
    China

    Chinese Tax Regulation Update - February 2024

    The latest development in China Tax Regulation mainly includes:SAT Decree No. 56Cai Shui [2024] No. 8Please click here to read the full article.
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  •  
    07/03/2024
    United Kingdom

    Introduction to Crypto-Asset Reporting Framework, the new OECD international standard on automatic exchange of information and amendments to the CRS

    In 2023, the OECD conducted its first comprehensive review of the Common Reporting Standard (“CRS”) since CRS was adopted by the OECD in 2014. This has resulted in amendments in two key areas:(A) The introduction of a new tax transparency Crypto-Asset Reporting Framework (“CARF”) which provides for the automatic exchange of tax information on transactions in Crypto-AssetsThis is to address the emergence of Crypto-Assets, which can be transferred and held without interacting with traditional financial intermediaries and without any central administrator having full visibility...
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