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OECD Report: Tax Revenue as Percent of GDP Below Average in Latin American and Caribbean Countries

by taxPRO Websites Staff | Jun 4, 2020 | Tax Tips and News

Tax Policy – OECD Report: Tax Revenue as Percent of GDP Below Average in Latin American and Caribbean Countries The Organisation for Co-operation and Economic Development (OECD) has compiled tax revenue data for countries around the world—including 26...

Complexity of Corporate Taxes in Europe

by taxPRO Websites Staff | Jun 4, 2020 | Tax Tips and News

Tax Policy – Complexity of Corporate Taxes in Europe Corporate tax codes should be designed to be easy for businesses to comply with and for governments to administer and enforce. Today’s map shows how complex—or easy—it is to remit corporate taxes across...

TIGTA Finds Lapse in High-Income Nonfiler Audits

by taxPRO Websites Staff | Jun 4, 2020 | Tax Tips and News

This audit looked specifically at whether the IRS is effectively addressing high-income nonfilers and if the agency’s new nonfiler strategy includes wealthy nonfilers.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS permits remote signatures for plan loan consents

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

IRS Tax News – IRS permits remote signatures for plan loan consents In another response to the COVID-19 pandemic, the IRS is allowing retirement plan participants who want to take coronavirus-related distributions from their retirement plans to provide...

EU Member States Pushing EU-wide Vapor Tax

by taxPRO Websites Staff | Jun 3, 2020 | Tax Tips and News

Tax Policy – EU Member States Pushing EU-wide Vapor Tax In late May, EURACTIV (a media company focusing on EU policy and politics) reported that member states would ask the European Commission (EC) to include novel nicotine products such as heated tobacco...
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