On 30 August 2024, the New Zealand Parliament opened a consultation on the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Bill until 9 October 2024. The Bill would incorporate the Crypto-Asset Reporting Framework (CAR…
On 22 August 2024, the Treasury Laws Amendment (Multinational—Global and Domestic Minimum Tax) (Consequential) Bill 2024 was passed by the House of Representatives and moved to the Senate. The Bill would impact entities subject to Australian Income …
On 22 August 2024, the Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024 (Assessment Bill) was passed by the House of Representatives and moved to the Senate. The Bill would establish the framework for implementing the Global Anti-B…
On 21 August 2024, the Presidential Decree amending certain articles of Customs Law No. 4458, specifically Articles 62/1 and 126/1-(b), enters into force. The amended Presidential Decree includes an increase in tax rates for goods delivered via mail…
On 2 August 2024, amendments to tax legislation were implemented through Law No. 7524, which notably expanded the reporting obligations for digital service providers, including e-commerce platforms, social network providers, and digital payment prov…
On 1 August 2024, the taxation rules for e-commerce imports enter into force. The tax rules aim to balance tax equity between foreign and domestic products to ensure fair competition for Brazilian producers and enhance import controls. In particular…
On 18 July 2024, the draft law amending consumer protection law and certain laws, including the law on the regulation of electronic commerce, was introduced at the Turkish Grand National Assembly. The Draft Law applies to e-commerce intermediary se…
On 28 June 2024, the US Department of the Treasury and the Internal Revenue Service (IRS) released final regulations to implement the bipartisan tax reporting requirements for sales and exchanges of digital assets. These regulations require brokers …
On 14 February 2023, Singapore’s Deputy Prime Minister and Minister for Finance delivered the FY2023 Budget Statement in Parliament and announced Singapore’s intent to implement the Global Anti-Base Erosion (GloBE) rules under Pillar 2 of the OECD’s…