ag

Tax-News.com: German Cabinet Agrees Hike To Carbon Taxes

On May 20, 2020, the German Cabinet agreed on new regulations that will set higher carbon prices from 2021 than those originally envisaged in the Government's Climate Protection Program, which was partially approved by parliament in November 2019.




ag

Tax-News.com: German Cabinet Approves COVID-19 Stimulus Package

A EUR130bn (USD148bn) fiscal stimulus package with numerous tax measures, intended to help revive the German economy following the COVID-19 pandemic, was approved by the Federal Cabinet on June 12, 2020.




ag

Tax-News.com: German Parliament Approves COVID-19 Tax Package

Both houses of the German parliament have now approved the EUR130bn (USD146bn) COVID-19 economic stimulus plan, which includes numerous tax relief measures.




ag

Tax-News.com: German EU Presidency Releases Tax Agenda

The newly instated German presidency of the European Union will focus on introducing internationally agreed tax rules for digital companies, according to the presidency's policy agenda.




ag

Tax-News.com: Germany, Poland Agree COVID-19 Cross-Border Worker Tax Deal

Germany and Poland have concluded an agreement to provide relief to cross-border workers who have been affected by COVID-19 restrictions on movement.




ag

Tax-News.com: Russia To Terminate Cyprus Double Tax Agreement

The Russian Ministry of Finance has announced that it will seek to terminate the country's double tax agreement with Cyprus, after negotiations broke down on a revision to increase tax on cross-border dividends and interest income.




ag

Tax-News.com: Malta, Luxembourg Agree To Russian DTA Changes

The Russian Government has disclosed that both Luxembourg and Malta have agreed to change their double tax agreement with Russia to increase withholding tax rates on cross-border dividends and interest income.




ag

Tax-News.com: Cyprus, Russia Reach Double Tax Agreement Compromise

Russia and Cyprus have announced that they have resolved a dispute concerning the two countries' double tax agreement.




ag

Tax-News.com: Cyprus, Russia Agree Tax Hike On Cross-Border Dividends, Interest

Russia's Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus on September 8, 2020.




ag

Tax-News.com: Russia, Malta Sign Double Tax Agreement Protocol

The Russian Government has announced the signing of a double tax Protocol with Malta, to increase the amount of tax that Russia may collect at source on cross-border payments of dividends and interest to 15 percent.




ag

Tax-News.com: Hong Kong Again Slashes Interest On Early Tax Payments

The Hong Kong Inland Revenue Department has announced a further reduction to the interest rate payable on Tax Reserve Certificates.




ag

Tax-News.com: Cambodia Again Delays Capital Gains Tax Plans

Authorities in Cambodia have announced a further two-year delay to the implementation of a capital gains tax.




ag

Tax-News.com: OECD Releases Taxing Wages 2020 Report

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019.




ag

Tax-News.com: Italian Tax Agency Summarizes New COVID-19 Tax Support Measures

On May 21, 2020, the Italian Revenue Agency issued a summary of additional tax measures in Decree 34/2020, which are intended to further support taxpayers affected by the COVID-19 virus.




ag

Tax-News.com: Austria And Italy Sign Frontier Worker Tax Agreement

Austria and Italy have signed an agreement clarifying the tax rules for frontier workers who are working at home due to the COVID-19 pandemic.




ag

Tax-News.com: Switzerland, Italy Agree Tax Deal For Frontier Workers

On December 23, 2020, Switzerland and Italy signed a new agreement on the taxation of cross-border commuters and an amendment to their existing double taxation agreement.




ag

Tax-News.com: Hong Kong Again Slashes Interest On Early Tax Payments

The Hong Kong Inland Revenue Department has announced a further reduction to the interest rate payable on Tax Reserve Certificates.




ag

Tax-News.com: Australia Flags Contrived Tax Avoidance Arrangement

The Australian Taxation Office has issued a Taxpayer Alert on mischaracterized arrangements and schemes connected with direct foreign investment into Australian businesses.




ag

Tax-News.com: Australian Tax Agency Announces Virtual Currency Tax Focus

The Australian Taxation Office has expressed its concern that some taxpayers do not fully understand the tax implications of cryptocurrency gains.




ag

Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration

The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24.




ag

Tax-News.com: Cyprus, Russia Agree Tax Hike On Cross-Border Dividends, Interest

Russia's Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus on September 8, 2020.




ag

Tax-News.com: Switzerland, Italy Agree Tax Deal For Frontier Workers

On December 23, 2020, Switzerland and Italy signed a new agreement on the taxation of cross-border commuters and an amendment to their existing double taxation agreement.




ag

Is Dengue Vaccine Effective Against the Disease?

Unless a dengue vaccine protects against all four different virus types, or serotypes, developing a viable vaccine against dengue virus is difficult. The




ag

Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration

The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24.




ag

Tax-News.com: US IRS Flags Deadline For Q2 Estimated Tax Payments

The US Internal Revenue Service has issued a reminder to taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without incurring a penalty.




ag

Tax-News.com: OECD Releases Taxing Wages 2020 Report

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019.




ag

Tax-News.com: COVID-19: Belgium, Germany Conclude Cross-Border Worker Agreement

On May 13, 2020, the Belgian tax authority announced that the competent authorities of Belgium and Germany have concluded an agreement which clarifies the tax situation of cross-border workers in the context of the COVID-19 health crisis.




ag

Tax-News.com: ECJ AG Urges Ruling Against Belgian 'Excess Profit' Ruling System

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme.




ag

Tax-News.com: EU Defers E-Commerce VAT Package In Light Of COVID-19

The EU will postpone the entry into force of its VAT e-commerce package and will defer certain filing deadlines under the Directive on Administrative Cooperation due to the coronavirus pandemic.




ag

Tax-News.com: EU General Court Quashes Decision Against Apple Tax Rulings

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.




ag

Turning Back Time: Breakthrough Anti-aging Drug Extends Lifespan by 25%

The pursuit of a longer life has long fascinated humanity. Scientists have recently discovered a drug that extends laboratory animals' lifespans by nearly




ag

ADHD Medication Shortages Threaten Quality of Life

Research has found that while medications significantly enhance the medlinkquality of life/medlink for individuals with medlinkattention deficit




ag

High BMI Eligibility for Semaglutide Raises Medicare Costs

61% of Medicare-eligible adults have a medlinkBMI/medlink of 27 or higher, indicating they could potentially benefit from a GLP-1 receptor agonist like semaglutide for weight loss (!--ref1--).




ag

Semaglutide for Weight Loss: No Depression or Suicide Risk

Semaglutide, a medlinkweight loss/medlink medication, did not increase the risk of depressive symptoms, suicidal thoughts, or suicidal behavior. The




ag

Heart Attack Patients Benefit from SGLT2 Inhibitor Empagliflozin

In patients hospitalized for medlinkacute myocardial infarction/medlink (MI), the SGLT2 inhibitor empagliflozin offers significant kidney protection.




ag

Kidney Function Doesn't Derail Semaglutide's Cardiovascular Benefits

The anti-obesity medication semaglutide may help to prevent medlinkheart attacks/medlink, medlinkstrokes/medlink, and other major adverse cardiovascular




ag

Quality Lapse in Generic Drugs: Alerts Issued by Regulatory Agency

More than 15 generic medications, including injectables and tablets, have been debarred since January by Tamil Nadu Medical Services Corporation (TNMSC).




ag

Understanding and Managing Asthma, Chronic Bronchitis, and Emphysema

Highlights: Asthma, chronic bronchitis, and emphysema are all chronic respiratory conditions that can cause shortne




ag

Evaluating Vaginal Estrogen for the Prevention of Post-Surgical Prolapse

Highlights: Vaginal estrogen during prolapse surgery did not improve the outcomes of post-operative prolapse M




ag

TB Drug Shortage in India: Can India Achieve Its Goal of Eradicating TB by 2025

Highlights: India faces a severe shortage of critical tuberculosis (TB) drugs, including those needed to combat dru




ag

Tax-News.com: US Businesses Urge Against Starting A Digital Tax 'Trade War'

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.




ag

Tax-News.com: EU Seeking Sanctions Against UK Over Tax Rules On Marked Fuels

The EU has referred the UK to the Court of Justice over its failure to comply with EU rules on marked fuel.




ag

Tax-News.com: UK, Canada Sign Post Brexit Continuity Agreement

Canada and the UK have formally signed a post-Brexit trade continuity agreement that will apply from January 1, 2021.




ag

Tax-News.com: ECJ AG Urges Ruling Against Belgian 'Excess Profit' Ruling System

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme.




ag

Tax-News.com: Belt And Road Forum Agrees Digital Tax Admin Agenda

China has set out the priorities of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Council over the next five years, at the 36-country grouping's second forum.




ag

Tax-News.com: EU Finance Ministers Agree Landmark VAT Rate Rule Changes

EU finance ministers have agreed an update to the rules governing value-added tax rates for goods and services.




ag

Cutting Salt, Saving Lives: New WHO Guidelines for India's Packaged Foods

Highlights: Adopting WHO salt limits in packaged foods could prevent 3,00,000 deaths and 2.4 million cases of h




ag

Secret of Heart Disease: How Microgravity Affect Aging

Highlights: Microgravity accelertaes the process of aging Prolonged space travel can increase the risk of heart




ag

Vitamin D Fails to Protect Against Heart Disease

Highlights: Vitamin D supplements do not lower cardiovascular disease markers in older adults over a 2-year per




ag

Revathi Menon on "Aye Zindagi and Salam Venky"

Highlights: Revathi Menon is an Indian actor, director, and national award winner She released two movies in