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If trials are successful, Serum Institute to sell coronavirus vaccines for Rs 1,000, says CEO Adar Poonawalla

Adar Poonawala, CEO of Serum Institute of India, says he is taking the risk of initiating production even before the vaccine has reached advanced clinical trials




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Tax-News.com: Container Shipping Lines Offer Pricing Policy Shake-up

The European Commission has invited comments on commitments offered by fifteen container liner shipping companies to address concerns raised relating to concerted practices.




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Tax-News.com: EFTA Signs FTA With The Philippines

Representatives of the European Free Trade Association - Iceland, Liechtenstein, Norway, and Switzerland - and the Philippines signed a free trade agreement in the Swiss capital of Bern on April 28.




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Tax-News.com: Philippines May Soon Ratify FTA With European States

Having endorsed the deal, the President of the Philippines, Rodrigo Duterte, has forwarded on a bill to ratify the free trade agreement with the European Free Trade Association states to the Senate.




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Tax-News.com: EFTA States, Indonesia Ink Trade Deal

The European Free Trade Association states – Switzerland, Liechtenstein, Norway, and Iceland – and Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA), which will slash tariffs on a majority of industrial goods.




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Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area.




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Tax-News.com: Malaysia Updates Mutual Agreement Procedure Guidelines

Malaysia's Inland Revenue Board on January 11, 2018, released guidelines on applying for the resolution of double tax cases through the Mutual Agreement Procedure.




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Tax-News.com: US Senators Urge 'Fairness' Change To Capital Gains Tax Calculations

A group of 21 Republican members of the US Senate have signed a letter to the Treasury Secretary urging him to amend how capital gains tax liability is calculated.




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Tax-News.com: Deadlines For Colombian Tax Amnesties This Month

Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties.




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Program of Protected Time for Sleep Improves Morning Alertness for Medical Interns: Study

A study to determine whether a protected sleep period of 5 hours is feasible and effective in increasing the time slept by interns on extended duty overnight shifts was conducted by Kevin G.




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Philippines: First Asian Country to Approve Sale of Dengue Vaccine

Dengvaxia, manufactured by French pharmaceutical giant Sanofi, secured its first regulatory approval in Mexico a fortnight ago and is currently being




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8 In 10 Indonesian Children At Risk For Dengue

Indonesia has one of the highest burdens of dengue fever, in the world. Dengue fever has infected over half of all children in urban areas by the age of 5.




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Acupuncture can Treat Migraines

Highlights: Acupuncture can now help reduce migraine headaches More than one billion people worldwide are a




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World Autism Awareness Day

Highlights : Every year, April 2nd is observed as World Autism Awareness Day Aims to create awareness about autism




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Tax-News.com: Canadian Business Confidence Knocked By US Tax Changes

The Bank of Canada has published the findings of its latest business outlook survey, which shows some concern among firms over the impact of US trade and tax policies.




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Tax-News.com: Canada Told To Sharpen Corporate Tax Competitiveness

The IMF has said that the recent changes to the US tax system could make Canada a less attractive destination for investment.




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Tax-News.com: Canada Promises To Improve Tax Advice Helplines

The Canadian Revenue Agency has unveiled a three-point action plan to improve the services offered by its call centers.




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Tax-News.com: Cyprus Opens New Tax Amnesty For Past Tax Dues

Cyprus's Tax Department has released details of a tax amnesty, which entered into force on July 3, 2017.




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Tax-News.com: India To Probe Chinese 'Dumping' Of Fluoroelastomers

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




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Tax-News.com: China 'Has Slashed Business Taxes By CNY2.5tn Since 2012'

The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012.




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Tax-News.com: First Chinese 'Environment Tax' Reports Due April 1

About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month.




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Tax-News.com: EU Extends Anti-Dumping Tariffs On Chinese Steel

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




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Tax-News.com: Chinese Property Tax On The Cards

Chinese authorities are working on a long-awaited property tax to cool the country's overheated property market, according to a senior government official.




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Tax-News.com: First Deadline For Chinese Environmental Tax Approaching

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




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Less Expensive, More Effective Pneumonia Vaccines are Tested in Humans, Says Study

A new pneumonia vaccine that is more effective and less expensive than those currently used in Brazil is being tested in human patients, said researchers




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Tax-News.com: Indonesia Explains New Dividend Tax Exemptions

Following the release of the 2020 Budget, the Indonesian Government has explained in greater detail its plans to reform the tax code to foster increased investment by foreign and domestic businesses.




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Tax-News.com: Philippines House Passes Financial Services Tax Reforms

The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income.




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Tax-News.com: Indonesia Tables Legislation For Comprehensive Tax Reform

Indonesia has reportedly tabled draft legislation in the House of Representatives to make wide-ranging changes to the tax system, including lowering the corporate tax rate and modernizing rules for digital economy players.




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Tax-News.com: Malta Defers Electronic Corporate Tax Return Filing Deadlines

Malta's Commissioner for Revenue recently announced electronic filing deadline extensions for corporate income tax returns.




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Tax-News.com: Malta Adds To NID Guidelines

The Office of Malta's Commissioner for Revenue has updated guidelines in relation to the Notional Interest Deduction rules.




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Tax-News.com: Malta Updates Guidelines On Automatic Exchange Of Account Info

Malta's Commissioner for Revenue on January 2, 2020, issued a single set of guidelines on the automatic exchange of financial account information.




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Tax-News.com: Estonia Tops Tax Foundation's Tax Competitiveness Index

Estonia has topped the Tax Foundation's International Tax Competitiveness Index for the fifth successive year, being deemed to have the "best tax code in the OECD."




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Tax-News.com: Belgium Reminds Traders Of Upcoming VAT Deadlines

The Belgian tax agency has issued a reminder to value-added tax-registered persons of their obligations to file VAT returns and pay VAT during the holiday season.




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Tax-News.com: Belgium Confirms CIT Filing Deadlines

Belgium's tax authority has announced corporate tax return filing deadlines for the 2019 tax year, with a concession for those with a deadline prior to September 26, 2019.




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Tax-News.com: Belgium Extends Deadlines In Light Of COVID-19

On March 18, 2020, the Belgian tax authorities announced the postponement of various value-added tax filing and payment deadlines to support companies during the coronavirus crisis.




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Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area.




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Tax-News.com: Tax-Privileged Free Trade Zones The OECD's Next Target

In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods.




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Tax-News.com: Hong Kong Guides On New Business Tax Reliefs

Hong Kong's Inland Revenue Department has noted that, starting from the year of assessment 2018/19, capital expenditure incurred for procuring environmental protection installations should be deducted in a single year, rather than over five years.




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Tax-News.com: New Zealand Tops World Bank's 'Doing Business' 2020

New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world.




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Tax-News.com: UAE Eases First VAT Filing Deadlines

The UAE's Federal Tax Authority (FTA) has changed the deadline for firms preparing to file a VAT return for the first time.




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Tax-News.com: Tax-Privileged Free Trade Zones The OECD's Next Target

In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods.




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Tax-News.com: Japanese Election Result Cements Future Sales Tax Hike

Japan's proposed sales tax hike is expected to go ahead as planned in 2019 after a landslide win by incumbent Prime Minister Shinzo Abe.




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Personalized Cancer Vaccines Could Soon be a Reality

Highlights: Personalized therapeutic cancer vaccines are likely to be available soon A new type of deli




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COVID-19: Guidelines on Dead Body Management

Highlights : In India, over 17,265 confirmed novel coronavirus disease (COVID-19) cases and 543 deaths as of yesterd




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Tax-News.com: New Zealand Tops World Bank's 'Doing Business' 2020

New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world.




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Tax-News.com: German Businesses Call For 25pc Corporate Tax Rate

The Federal Association of German Industry, the BDI, has urged the German government to forge ahead with corporate tax reforms, warning that Germany's corporate tax regime is becoming increasingly out of step with the country's competitors.




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Tax-News.com: UK Announces Plastics Tax, Business Rates Relief In 2020 Budget

The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications.




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Tax-News.com: COVID-19: Germany Allowing Businesses To Defer Taxes

The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak.




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Tax-News.com: Malta Defers Tax Payment Deadlines In Response To COVID-19

In response to the coronavirus outbreak, the Maltese Government has announced deferrals for the payment of a number of taxes.




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Tax-News.com: COVID-19: Netherlands Announces Extra Tax Help For Small Businesses

On April 2, 2020, the Dutch Ministry of Finance announced that the rules for requesting tax payment deferrals have been simplified and extended to cover additional taxes.