Trade groups are hoping for flexibility in forthcoming final rules that will determine whether companies are subject to an anti-abuse tax.

The government cannot impose a tax that society does not want, nor can the Lower House speaker, the Senate or the Republic ban the debate on a new tax on digital transactions, said the Minister of Economy, Paulo Guedes, during a virtual hearing on commission congressional tax reform.

It is inadequate to call a new tax on digital transactions as a new version of the so-called CPMF, said Economy Minister Paulo Guedes during a virtual hearing of the congressional mixed tax reform committee.

Amazon sellers will bear the cost of the U.K.'s recently approved digital services tax.

The U.K. tax office has named its chief financial officer, Justin Holliday, as tax assurance commissioner. It’s a role designed to protect businesses by ensuring the government follows the law during tax disputes.

Russia will withdraw from its popular bilateral tax treaty with Cyprus, the country’s Finance Ministry announced Monday.

The U.K. tax authority has won a High Court battle to have its allegations of fraud against GE Group heard by a tax court.

This weekend roundup of Bloomberg Tax Insights looks at whether the OECD’s digital tax project can reach its objective; how tax havens are affected by the pandemic; transfer pricing substance in flux; state taxes and selling an interest in a pass-through entity; the new Dutch mutual agreement procedure; new lease accounting rules’ intersection with transfer pricing; foreclosing mezzanine loans in a pandemic; land investment tax characteristics; U.K. businesses involved in trade with the EU; Swiss withholding tax reform; and cross-border tax disputes in Italy.