.com Tax-News.com: Switzerland, India To Share Tax Data, Conclude FTA By www.tax-news.com Published On :: Fri, 17 Aug 2018 00:00:00 GMT Officials from Switzerland and India have discussed the automatic exchange of tax information and free trade. Full Article
.com Tax-News.com: Indian GST Council Endorses GST Rate Changes For Housing By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT India's GST Council has decided on a number of goods and services tax regime amendments to boost the availability of affordable housing in the country. Full Article
.com Tax-News.com: Indian GST Regime Changes Effective April 1 By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT A number of goods and services tax regime amendments, intended to simplify compliance for traders, will become effective in India from April 1, 2019. Full Article
.com Tax-News.com: India Finalizes Details Of New Real Estate GST Regime By www.tax-news.com Published On :: Tue, 26 Mar 2019 00:00:00 GMT India's GST Council has put flesh on the bones of its plans to introduce a new goods and services tax regime for real-estate transactions. Full Article
.com Tax-News.com: India Introduced GST Changes On April 1 By www.tax-news.com Published On :: Fri, 5 Apr 2019 00:00:00 GMT A number of goods and services tax regime amendments, intended to simplify compliance for traders, became effective in India from April 1, 2019. Full Article
.com Tax-News.com: India Consults On Unitary Taxation Proposals By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT India's Central Board of Direct Taxes has launched a new consultation on proposals to amend Article 7 of India's double tax treaties on permanent establishment, and rule 10 in the Income Tax Rules, 1962, to establish a formula to bring within the charge to Indian tax a proportion of profits of a multinational deemed to have a significant digital presence in India. The country is considering using a formulary apportionment approach, akin to that proposed under the EU's Common Corporate Tax Base initiative. Full Article
.com Tax-News.com: India's GST Council Agrees Overhaul Of GST Returns By www.tax-news.com Published On :: Fri, 5 Jul 2019 00:00:00 GMT During its 35th meeting, India's GST Council approved changes to GST filing requirements and deadlines, and approved the introduction of an electronic invoicing system, Full Article
.com Tax-News.com: India Gazettes Law For Budget Tax Changes By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT India has published in its Official Gazette legislation to give effect to tax announcements in the 2019-20 Budget. Full Article
.com Tax-News.com: India Seeking To Bury Legacy Indirect Tax Disputes This Year By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT India will launch its legacy dispute scheme starting September 1, 2019. Full Article
.com Tax-News.com: India Again Extends Deadline For 2017-18 Annual GST Return By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT India has again extended the due date for furnishing the annual GST return and reconciliation statement for the 2017-18 fiscal year. Full Article
.com Tax-News.com: Indian Banks To Begin Withholding Tax On Large Cash Withdrawals By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT As of September 1, 2019, India introduced an obligation for tax to be deducted at source at a two percent rate if a taxpayer's cash withdrawals totaled INR10m (USD138,350) or more in the previous year. Full Article
.com Tax-News.com: India Sets Arm's Length 'Tolerable Range' For 2019-20 By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT India's Ministry of Finance has released a new Notification that sets the "tolerable range" for arm's length dealings. Full Article
.com Tax-News.com: India Announces 22pc Corporate Tax Rate By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT The Indian Government on September 20, 2019, announced that it will reduce the rate of corporate tax to 22 percent, from 30 percent. New domestic manufacturing ventures will benefit from a 15 percent rate. Full Article
.com Tax-News.com: Indian GST Council Approves Changes To Filing Rules, Rates By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT India's GST Council agreed a number of changes to the country's goods and services tax regime, at its meeting on September 20, 2019. Full Article
.com Tax-News.com: Indian Authorities To Collaborate On Tackling GST Refund Fraud By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT Local authorities in India have been instructed to draw up lists of taxpayers that have filed fraudulent or potentially fraudulent requests for input tax credits and where appropriate share this information with other state authorities. Full Article
.com Tax-News.com: Netherlands To Improve Employee Allowance Scheme By www.tax-news.com Published On :: Tue, 12 Feb 2019 00:00:00 GMT The Dutch Ministry of Finance announced on February 1, 2019, that the work-related costs scheme will be improved from 2020. Full Article
.com Tax-News.com: Dutch Beneficial Ownership Register Effective 2020 By www.tax-news.com Published On :: Mon, 15 Apr 2019 00:00:00 GMT The Dutch Government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from January 2020. Full Article
.com Tax-News.com: Switzerland, Netherlands Amend Double Tax Pact By www.tax-news.com Published On :: Thu, 13 Jun 2019 00:00:00 GMT Switzerland and the Netherlands have signed a protocol to their double tax agreement that will bring it into line with international standards. Full Article
.com Tax-News.com: Starbucks' Dutch Tax Ruling Vindicated By EU General Court By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT On the same day the Court ruled against Fiat's appeal, the EU General Court has decided that Starbucks was not in fact granted a selective tax advantage in a Dutch tax ruling, contrary to a European Commission conclusion. Full Article
.com Tax-News.com: Dutch Pension Tax Rules Under Fire From The EU Commission By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT The European Commission has asked the Netherlands to amend taxation rules that it says amount to obstacles to the cross-border transfer of pensions. Full Article
.com Tax-News.com: Traders Must Use New Dutch VAT ID Numbers From 2020 By www.tax-news.com Published On :: Wed, 8 Jan 2020 00:00:00 GMT From January 1, 2020, sole proprietors in the Netherlands will be required to use new value-added tax identification numbers. Full Article
.com Tax-News.com: Netherlands-UK Synthesized Double Tax Agreement Text Released By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT The UK Government on January 6, 2020, released the synthesized text of the 2008 Netherlands-UK double tax agreement, as modified by the BEPS multilateral instrument. Full Article
.com Tax-News.com: Netherlands To Split Tax Agency By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT On January 11, 2020, Dutch Minister of Finance Wopke Hoekstra informed the House of Representatives about the Government's plans to restructure the tax authorities. Full Article
.com Tax-News.com: Netherlands Postpones Tax Deadline For Small Traders By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT The Dutch Ministry of Finance has announced that around 24,000 small traders will be able to defer their wage tax declarations this year due to problems with the Government's new online portal for businesses. Full Article
.com Tax-News.com: Netherlands Adopts COVID-19 Economic Relief Package By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT On March 17, 2020, the Dutch Ministry of Finance announced that the Government has adopted a package of measures intended to protect the economy from the coronavirus epidemic, including several tax changes. Full Article
.com Tax-News.com: UK May Lower Air Duty On Northern Ireland Flights By www.tax-news.com Published On :: Tue, 27 Jun 2017 00:00:00 GMT The UK Conservative Party has agreed to consider reducing the rate of Air Passenger Duty for airports in Northern Ireland after agreeing a coalition government with the Northern Ireland's Democratic Unionist Party party. Full Article
.com Tax-News.com: New Tax Treaties Key To Aircraft Leasing Growth In Hong Kong, Says Report By www.tax-news.com Published On :: Wed, 12 Jul 2017 00:00:00 GMT The Hong Kong Financial Services Development Council has released a report calling for the Government to expand its tax treaty network, in particular with countries that have growing aviation industries. Full Article
.com Tax-News.com: EU Approves Irish Air Tax Exemption By www.tax-news.com Published On :: Mon, 17 Jul 2017 00:00:00 GMT The European Commission has concluded that an exemption for transfer and transit passengers from the Irish air travel tax was in line with EU state aid rules. Full Article
.com Tax-News.com: New Irish PM Looking For Brexit Solutions By www.tax-news.com Published On :: Mon, 7 Aug 2017 00:00:00 GMT Irish Prime Minister Leo Varadkar has suggested that there could be an EU-UK customs union after Brexit. Full Article
.com Tax-News.com: EU, Switzerland To Link Emissions Trading Systems By www.tax-news.com Published On :: Thu, 17 Aug 2017 00:00:00 GMT The European Commission and the Swiss Federal Council have each approved proposals to link their emissions trading systems, meaning formal signature of a new agreement could take place by the end of the year. Full Article
.com Tax-News.com: German Air Passenger Tax Under Fire From Economy Minister By www.tax-news.com Published On :: Thu, 24 Aug 2017 00:00:00 GMT German Economy Minister Brigitte Zypries has said that Germany's air passenger tax is damaging the country's aviation industry and should be scrapped. Full Article
.com Tax-News.com: WTO Affirms Decision In Boeing Subsidy Case By www.tax-news.com Published On :: Mon, 2 Oct 2017 00:00:00 GMT The WTO's Dispute Settlement Body has formally endorsed the Appellate Body's decision to reverse a previous panel ruling that a tax break provided by Washington State to Boeing is a prohibited subsidy. Full Article
.com Tax-News.com: Dutch Tax Changes Confirmed In Coalition Agreement By www.tax-news.com Published On :: Thu, 12 Oct 2017 00:00:00 GMT A number of proposed tax changes intended to boost Dutch competitiveness and combat tax avoidance have been included in the official agreement between the four parties forming the next Government of the Netherlands. Full Article
.com Tax-News.com: EU MEPs Back New Direction For Taxing Aviation's Emissions By www.tax-news.com Published On :: Fri, 20 Oct 2017 00:00:00 GMT Members of the European Parliament have preliminarily agreed to continue with the aviation industry's current treatment under the EU's emissions trading scheme to allow for the development of a new industry-specific carbon tax arrangement. Full Article
.com Tax-News.com: Abolishing Aviation Tax Would Boost German Economy, Says Report By www.tax-news.com Published On :: Wed, 25 Oct 2017 00:00:00 GMT A new study by PwC has concluded that abolishing Germany's flight ticket tax would provide a substantial boost to the German economy. Full Article
.com Tax-News.com: EU Approves Linking With Swiss Emissions Trading Scheme By www.tax-news.com Published On :: Tue, 14 Nov 2017 00:00:00 GMT The European Council on November 10 authorized the signing of an agreement with Switzerland to link their emissions trading systems. Full Article
.com Tax-News.com: Fall-off Noted In German Environmental Tax Burden By www.tax-news.com Published On :: Wed, 15 Nov 2017 00:00:00 GMT Environmental tax revenue as a percentage of Germany's overall tax take has fallen to its lowest level in more than 20 years, according to the country's statistical agency. Full Article
.com Tax-News.com: Indonesia Increases Airport Tax By www.tax-news.com Published On :: Tue, 20 Feb 2018 00:00:00 GMT Indonesia is to hike its air departure tax for Soekarno-Hatta Airport, by far the country's busiest, from March 1. Full Article
.com Tax-News.com: Sweden Introduces Flight Tax By www.tax-news.com Published On :: Wed, 4 Apr 2018 00:00:00 GMT An environmental tax on air travel was introduced in Sweden on April 1, 2018. Full Article
.com Tax-News.com: Tax Regime Overhaul Announced In Barbados By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes. Full Article
.com Tax-News.com: Netherlands Ponders New Aviation Tax By www.tax-news.com Published On :: Mon, 16 Jul 2018 00:00:00 GMT The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021. Full Article
.com Tax-News.com: Switzerland Consults On Linking With EU Emissions System By www.tax-news.com Published On :: Tue, 26 Mar 2019 00:00:00 GMT The Swiss Federal Council is consulting on proposed changes to the CO2 Ordinance, which would link the Swiss and EU emissions trading systems. Full Article
.com Tax-News.com: Netherlands Announces 2019 Fiscal Agenda By www.tax-news.com Published On :: Fri, 31 May 2019 00:00:00 GMT On May 28, 2019, Dutch State Secretary for Finance Menno Snel issued an update on the Government's 2019 fiscal agenda, which includes an outline of tax legislative proposals that the Government intends to submit to parliament in the remainder of the year. Full Article
.com Tax-News.com: Indonesia To Seek VAT From Overseas E-Services Providers By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT Indonesia's Ministry of Finance is preparing a legislative response to ensure the collection of VAT on electronically supplied services to Indonesian consumers. Full Article
.com Tax-News.com: New EC President Announces Plans For EU Carbon Border Tax By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT The newly elected President of the European Commission, Ursula von der Leyen, who was formerly Germany's defense minister, has proposed the introduction of a new Carbon Border Tax, which would be included in a new "Green Deal for Europe" she has promised to deliver within her first 100 days in office. Full Article
.com Tax-News.com: Switzerland, EU To Link Emissions Trading Systems By www.tax-news.com Published On :: Fri, 15 Nov 2019 00:00:00 GMT Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions. Full Article
.com Tax-News.com: Austria Announces Personal Income Tax Cuts By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT The Austrian Ministry of Finance has announced its decision to proceed with personal income tax cuts. Full Article
.com Tax-News.com: Turkey Props Up Airlines Impacted By COVID-19 With VAT Relief By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT On March 23, 2020, the Turkish Government published a resolution in the official gazette to temporarily reduce the rate of VAT on air passenger transport to one percent. Full Article
.com Tax-News.com: France, Luxembourg Sign New Tax Treaty By www.tax-news.com Published On :: Thu, 22 Mar 2018 00:00:00 GMT A new tax treaty incorporating the latest international tax standards was signed by France and Luxembourg on March 20. Full Article
.com Tax-News.com: HMRC Changes Position On VAT On Cost-Sharing Groups By www.tax-news.com Published On :: Thu, 22 Mar 2018 00:00:00 GMT The UK tax agency, HM Revenue and Customs, has released new guidance on its policies concerning cost-sharing groups following rulings from the European Court of Justice on their VAT treatment. Full Article