new Tax-News.com: US Withdraws From International Digital Tax Talks By www.tax-news.com Published On :: Fri, 3 Jul 2020 00:00:00 GMT US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Full Article
new Tax-News.com: US Announces Tariffs On French Goods In Response To DST By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT The Office of the US Trade Representative has announced that the US will impose additional duties of 25 percent on imports of certain French products from next year in response to the country's decision to introduce a digital services tax. Full Article
new Tax-News.com: UAE Issues Guide On E-Commerce VAT Obligations By www.tax-news.com Published On :: Fri, 21 Aug 2020 00:00:00 GMT The United Arab Emirates' Federal Tax Authority has released a new guide on the value-added tax rules for e-commerce and the digital economy. Full Article
new Tax-News.com: France To Collect Its Digital Services Tax This Year By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. Full Article
new Tax-News.com: UAE Clarifies VAT Rules For E-Commerce By www.tax-news.com Published On :: Mon, 30 Nov 2020 00:00:00 GMT The United Arab Emirates' Federal Tax Authority has clarified the value-added tax rules that apply to e-commerce transactions. Full Article
new Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Full Article
new Tax-News.com: Sweden To Probe E-Commerce And Rental Income Declarations By www.tax-news.com Published On :: Wed, 3 Mar 2021 00:00:00 GMT The Swedish tax authority has announced that it will be expending more resources this year on ensuring businesses fully declare income from e-commerce and taxpayers report income from home rentals. Full Article
new Tax-News.com: OECD Releases E-Commerce VAT Toolkit For Asia-Pac States By www.tax-news.com Published On :: Mon, 21 Mar 2022 00:00:00 GMT On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Full Article
new Tax-News.com: COVID-19: Ireland Eases Close Company Surcharge Rules By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT The Irish Revenue has announced the implementation of temporary measures in relation to the close company surcharge regime, in response to the coronavirus pandemic. Full Article
new Tax-News.com: Irish Businesses Seek Tax Support To Bounce Back From COVID-19 By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT Irish business association Ibec has called for the establishment of a Commission on Taxation, as part of a package of measures to "reboot" the economy after the coronavirus pandemic. Full Article
new Tax-News.com: Ireland Releases Stamp Duty Guidance On Related-Party Transactions By www.tax-news.com Published On :: Thu, 25 Jun 2020 00:00:00 GMT The Irish Revenue has updated its guidance on stamp duty to clarify a number of issues related to the conditions for companies to avail themselves of associated companies relief. Full Article
new Tax-News.com: EU General Court Quashes Decision Against Apple Tax Rulings By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT Apple and the Irish Government have been successful in having overturned a European Commission decision that two tax rulings granted to the company by the Irish Government were unlawful. Full Article
new Tax-News.com: Ireland Issues Guide On Accelerated Loss Relief For Companies By www.tax-news.com Published On :: Tue, 18 Aug 2020 00:00:00 GMT The Irish Revenue has issued guidance for companies on the temporary acceleration of corporate tax loss relief for accounting periods affected by the COVID-19 pandemic and related restrictions. Full Article
new Tax-News.com: Ireland Lowers Headline VAT Rate By www.tax-news.com Published On :: Wed, 9 Sep 2020 00:00:00 GMT A temporary reduction in Ireland's standard rate of VAT entered into force on September 1, 2020. Full Article
new Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Full Article
new Tax-News.com: Bermuda Consults Industry On New Conduct Of Business Regime By www.tax-news.com Published On :: Wed, 13 Jan 2021 00:00:00 GMT The Bermuda Monetary Authority on December 15, 2020, released a new consultation paper on its proposal for a conduct of business regulatory regime to better protect retail investors. Full Article
new Tax-News.com: Irish VAT Rate Cut To Be Reversed In March By www.tax-news.com Published On :: Mon, 15 Feb 2021 00:00:00 GMT The Irish headline rate of VAT will return to 23 percent from March, having been temporarily reduced in response to the COVID-19 pandemic. Full Article
new Introducing Tirzepatide in India: A New Era in Diabetes Care By www.medindia.net Published On :: Recently, the Central Drugs Standard Control Organisation (CDSCO) in India approved Eli Lilly's medlinkTirzepatide/medlink, an active ingredient in Full Article
new New Nasal Spray Could Be a Breakthrough in Treating Brain Tuberculosis By www.medindia.net Published On :: For the first time, scientists have devised an innovative method to deliver tuberculosis (TB) (!--ref1--) medication directly to the brain through the nasal route. Full Article
new New Drug Rules and Regulations Boost Research to Global Standards By www.medindia.net Published On :: India's updated drug regulations have fostered a research environment that aligns with international standards, ensuring both scientific rigor and ethical considerations. Full Article
new PCOS: New Comprehensive Guidelines Offer Better Insight By www.medindia.net Published On :: Highlights: With the updated 2023 guideline, Australian physicians and reproductive health specialists offer better Full Article
new Combating Mosquito Transmitted Viruses: New Drug Targets Identified By www.medindia.net Published On :: Highlights: Several viral diseases are transmitted via mosquitoes that act as transmitters or vectors which transfe Full Article
new Shattering Notions of Infant Health: Rethinking RSV's Impact on Healthy Newborns By www.medindia.net Published On :: Highlights: Newborns seem safe from respiratory syncytial virus (RSV), but healthy infants can get severely sick Full Article
new Cervical Cancer Mortality Rate Drops by 63% With New WHO Guidelines By www.medindia.net Published On :: Highlights: Cervical cancer is caused by human papillomavirus (HPV) and is most prevalent among women in low- and m Full Article
new Tax-News.com: US Businesses Urge Against Starting A Digital Tax 'Trade War' By www.tax-news.com Published On :: Fri, 24 Jul 2020 00:00:00 GMT The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses. Full Article
new Tax-News.com: UK Confirms Plans To Expand Making Tax Digital By www.tax-news.com Published On :: Fri, 24 Jul 2020 00:00:00 GMT The UK Government has announced plans to expand its Making Tax Digital project from 2022. Full Article
new Tax-News.com: France Publishes List Of Territories Exempt From CbC Local Filing By www.tax-news.com Published On :: Fri, 31 Jul 2020 00:00:00 GMT On July 20, 2020, the French Government published in the Official Gazette a decree to expand the list of jurisdictions exempt from local filing reporting requirements under the country's country-by-country reporting regime. Full Article
new Tax-News.com: UK Considering New Online Sales Tax By www.tax-news.com Published On :: Fri, 31 Jul 2020 00:00:00 GMT Alongside a review into the reform of the business rates system (commercial property tax) in the UK, the Government is looking at possible taxes that could replace or supplement the regime, including a new tax on online sales. Full Article
new Tax-News.com: EU To Amend VAT Rules For Trade With Northern Ireland By www.tax-news.com Published On :: Fri, 7 Aug 2020 00:00:00 GMT The European Commission has proposed changes to the EU's VAT rules in respect of Northern Ireland, in preparation for the end of the Brexit transition period with the UK. Full Article
new Tax-News.com: Unilever Concerned By Possible Dutch Exit Tax By www.tax-news.com Published On :: Tue, 18 Aug 2020 00:00:00 GMT Unilever may scrap plans to overhaul its company structure if an exit tax proposed by a Dutch opposition party is passed. Full Article
new Tax-News.com: UK Issues Final Loan Charge Guidance By www.tax-news.com Published On :: Fri, 21 Aug 2020 00:00:00 GMT The UK tax authority has published final guidance on the Loan Charge regime, following the enactment of amendments in the UK Finance Bill 2019-21. Full Article
new Tax-News.com: UK Treasury Rules Out Digital Tax Repeal By www.tax-news.com Published On :: Mon, 31 Aug 2020 00:00:00 GMT The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. Full Article
new Tax-News.com: UK, Austria Sign Deal On Granting Tax Treaty Benefits By www.tax-news.com Published On :: Mon, 7 Sep 2020 00:00:00 GMT HM Revenue and Customs has announced that it is has agreed changes with authorities in Austria regarding how the two authorities will deal with requests for relief under the two countries' tax treaty. Full Article
new Tax-News.com: UK Reviewing VAT Group Rules By www.tax-news.com Published On :: Mon, 14 Sep 2020 00:00:00 GMT The UK Government has recently issued a call for evidence from UK VAT groups on future policy reform. Full Article
new Tax-News.com: EU Expecting COVID-19 Dent In 2020 VAT Collections By www.tax-news.com Published On :: Tue, 22 Sep 2020 00:00:00 GMT The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018. Full Article
new Tax-News.com: UK To Collect Interest On Overdue Digital Services Tax By www.tax-news.com Published On :: Tue, 22 Sep 2020 00:00:00 GMT The UK Government on September 16, 2020, tabled The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which will enable HM Revenue and Customs to collect or pay interest on overpaid or underpaid digital services tax liabilities. Full Article
new Tax-News.com: UK Releases Construction VAT Reverse Charge Guidance By www.tax-news.com Published On :: Mon, 5 Oct 2020 00:00:00 GMT On September 24, 2020, HM Revenue and Customs released in-depth guidance on the introduction of the VAT reverse charge mechanism on the supply of building or construction services. Full Article
new Tax-News.com: UK Updates Brexit VAT Guidance For Imported Goods By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT On October 5, 2020, the UK tax authority added considerably to its Brexit guidance for businesses on the value-added tax rules that will apply to goods entering Great Britain from outside the UK. Full Article
new Tax-News.com: OECD Indicates New Focus On Virtual Currency Tax Issues By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. Full Article
new Tax-News.com: UK MPs Join Calls For Making Tax Digital Rethink By www.tax-news.com Published On :: Mon, 2 Nov 2020 00:00:00 GMT The UK's Public Accounts Committee has recommended that the UK tax authority first review the potential administrative burden and cost on taxpayers before further expanding its Making Tax Digital initiative. Full Article
new Tax-News.com: UK To Strengthen Insurance Premium Tax Rules By www.tax-news.com Published On :: Tue, 10 Nov 2020 00:00:00 GMT On November 5, 2020, HM Revenue and Customs issued a consultation on proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes. Full Article
new Tax-News.com: UK May Double Capital Gains Tax Burden By www.tax-news.com Published On :: Tue, 17 Nov 2020 00:00:00 GMT More closely aligning UK capital gains tax (CGT) rates with income tax rates could raise significant revenues for the UK, a government-commissioned review has concluded. Full Article
new Tax-News.com: UK To Offer Expanded Annual Investment Allowance Until 2022 By www.tax-news.com Published On :: Tue, 17 Nov 2020 00:00:00 GMT The UK Government has announced that the temporary GBP1m (USD1.31m) cap for the Annual Investment Allowance (AIA) will be extended until January 1, 2022. Full Article
new Tax-News.com: UK, Canada Sign Post-Brexit Continuity Trade Deal By www.tax-news.com Published On :: Mon, 30 Nov 2020 00:00:00 GMT Canada and the UK have announced the successful conclusion of negotiations on an interim trade agreement, which will be in place as they work toward a comprehensive post-Brexit free trade deal. Full Article
new Tax-News.com: UK Taxpayers May Arrange Payment Of Deferred VAT In 2021 By www.tax-news.com Published On :: Mon, 30 Nov 2020 00:00:00 GMT HM Revenue and Customs has confirmed that UK businesses who wish to pay their deferred VAT liabilities in installments will be able to decide a payment schedule early next year. Full Article
new Tax-News.com: EU Seeking Sanctions Against UK Over Tax Rules On Marked Fuels By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT The EU has referred the UK to the Court of Justice over its failure to comply with EU rules on marked fuel. Full Article
new Tax-News.com: UK, Canada Sign Post Brexit Continuity Agreement By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT Canada and the UK have formally signed a post-Brexit trade continuity agreement that will apply from January 1, 2021. Full Article
new Tax-News.com: UK Eyeing VAT Rule Changes For Sharing Economy By www.tax-news.com Published On :: Tue, 22 Dec 2020 00:00:00 GMT The UK Government is inviting input on the tax challenges associated with the rise of the sharing economy. Full Article
new Tax-News.com: UK, Mexico Sign Continuity Trade Deal By www.tax-news.com Published On :: Tue, 22 Dec 2020 00:00:00 GMT On December 15, 2020, the UK and Mexico signed a trade continuity agreement that will apply when the Brexit transition period ends. Full Article
new Tax-News.com: Norway Issues VAT Regulation In Response To Brexit By www.tax-news.com Published On :: Tue, 22 Dec 2020 00:00:00 GMT Norway intends to provide value-added tax administrative relief measures to UK businesses in response to Brexit. Full Article