On October 12, the Italian financial police said it had broke up a value-added tax fraud ring allegedly involved in transactions totaling EUR930m, through 180 companies in 15 European Union (EU) countries.

The Cypriot tax authority has extended until January 15, 2018, the deadline for multinational corporations to submit their notifications concerning country-by-country reporting for 2017. The deadline had been December 31.

The Cyprus Tax Department has released a notice on the obligation on Cypriot constituent entities of multinational groups to file a CbC report in Cyprus where the ultimate parent entity files in a territory without an exchange of information arrangement with Cyprus.

China's Ministry of Commerce has objected to the EU's new anti-dumping methodology, claiming that it violates World Trade Organization rules.

India's Department of Commerce has initiated an anti-dumping investigation into Fluoroelastomers from China.

The United States International Trade Commission will issue countervailing duty orders on imports of cold-drawn mechanical tubing from China and India, after determining that they are causing material injury to US manufacturers.

India is proposing to levy a safeguard duty of 70 percent on imports of solar-power equipment from China and Malaysia.

Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities.

The EU is to apply existing anti-dumping measures on Chinese imports of seamless pipes and tubes of stainless steel for another five years.

The first returns under China's new environmental tax are due online by April 1, 2018.

The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44.

Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information.

French pharmaceutical company Sanofi is ready to offer the French authorities, millions of doses of Plaquenil containing hydroxychloroquine, to treat

The government of Nigeria has issued a warning over the use of chloroquine to treat COVID-19, after three people got overdosed, and hospitalized due to poisoning.

Paracetamol, the commonly used painkiller, when administered intravenously, lowers blood pressure. The mechanism underlying this dangerous side effect has been identified.

Heart and kidney patients should keep taking their drugs as inaccurate medical information has flooded social media and other channels, advised researchers.

Rivaroxaban lowers the chance of serious thromboembolism more in people recovering from orthopedic surgery requiring immobilization compared to Enoxaparin,

An investigational drug vericiguat offers new hope for patients with worsening heart failure, reports a new study. Patients with worsening heart failure

Two types of diabetes drugs namely SGLT2 inhibitors and GLP-1 drugs were effective in reducing heart complications including stroke, heart attack, and

Asthma, allergy, arthritis patients using glucocorticoids on a routine basis are at high risk of getting infected with coronavirus, according to a new

Structural and biochemical differences among anticancer medications PARP inhibitors were linked to differing capacities to kill cancer cells, according

EIDD-2801, the new antiviral drug shows promise in reducing lung damage. Testing in mice is completed and it will soon enter to human clinical trials.

Hydroxychloroquine shows weak evidence of its effectiveness against coronavirus in the new study. The drug has been identified by the US Food and

Kanpur administration has directed all pharmacies to register the name, address and contact number of people buying paracetamol or medicines for cough, cold and fever or breathing problems.

Baloxavir with trade name Xofluza, is the first treatment for influenza with a new mechanism of "action" to be licensed in around 20 years. It was already

The pandemic has suddenly changed the medication needs of masses with a clear preference being shown for respiratory, anti-diabetic, cardiac therapies.

Using repurposed drugs to treat COVID-19 would greatly reduce the time needed to gain FDA approval again. Details of the research on two repurposed drugs

Drug overdose epidemic emerged abruptly among the Baby Boomers, shifted youth-ward for Generation X, and then soared to new heights among the Millennials, says a new study.

In treating hospitalized COVID-19 patients, anticoagulants or blood thinners help improve their chances of survival, reported Mount Sinai COVID Informatics Center researchers.

Emapalumab saved a child suffering from HLH. Although the 34-patient study wasn't large enough to show the efficacy of this new drug, doctors say their data are promising.

Olanzapine decreases the risk of nausea and vomiting among patients with advanced cancer, according to the study published in iJAMA Oncology/i. Charles Loprinzi, M.

Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia.

On March 4, 2020, the Italian tax authority published English language versions of the annual value-added tax form for 2020, together with instructions.

New Zealand's opposition National Party has released its plans for tax reform, announcing it would review whether to lower the corporate tax rate.

On September 6, 2019, the Dutch Ministry of Finance announced proposals to reforms the tax rules for savings income.

On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets.

The New Zealand Government has announced that it will adopt two tax incentives proposed by the Tax Working Group: a deduction for "feasibility expenditure" for businesses, and relaxed loss continuity rules.

The Government of Ukraine has announced plans to introduce a special tax regime for certain intellectual property income.

New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime.

On August 19, 2019, the Office of the United States Trade Representative held an off-camera public hearing on France's recently introduced digital services tax, attended by three major technology firms.

The Governments of France and the United States are reportedly close to settling a dispute surrounding France's digital services tax.

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.

On January 6, 2020, the United States Trade Representative (USTR) announced that an on-the-record but off-camera public hearing would be held on January 7 on proposed action against France's digital services tax (DST).

On January 8, 2020, a bill was introduced in the Senate of the US state of Maryland that would impose a tax on revenues associated with digital advertising derived in the state.

The European Council has approved new rules for the exchange of VAT payment data relating to cross-border e-commerce transactions.

Malta has enacted rules removing the bias in favor of debt financing by creating a notional interest deduction for equity financing.

The Bermuda Government on January 31, 2018, updated the lists of the countries with which it will exchange country-by-country reports filed in Bermuda in 2018 and in 2019.

The OECD has recently launched a consultation on tackling the circumvention of its latest international tax transparency standard, the Common Reporting Standard, through the use by individuals of residency by investment (RBI), or citizenship by investment (CBI) schemes.

The European Commission has sent letters of formal notice to Cyprus, Greece, and Malta for not levying the correct amount of value-added tax on yachts.

The number of advance pricing agreements between EU member states and companies rose by 64 percent from 2015 to 2016, according to research by Eurodad.