Tax Penalties
-
Australia: Insights on Tax Settlements and Compliance in 2023–24 for Public and Multinational Businesses
Litigation resulted in favorable outcome for ATO in 53% of…
-
US IRS Updates on Transfer Pricing Penalties
Stricter Enforcement and Documentation Standards
-
Lithuania launches Pilot Program for Real-Time VAT Return Assessments
Real time data comparison between E-Invoicing System and VAT returns…
-
Saudi Arabia Invites Taxpayers to Take Advantage of the Cancellation of Fines and Exemption of Penalties Initiative
Concludes on December 31, 2024
-
HMRC Issues New VAT Compliance Guidelines
HMRC’s expectations around VAT accounting
-
India: Lower Rates for Foreign Companies, IFSC Concessions, and New Penalties
Union Budget 2024-25 on International Tax
-
Italy: New Rules on Administrative and Criminal Tax Sanctions
Changes Affect Penalties Regarding Income Tax, VAT, and Withholding Tax…