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Tax-News.com: Singapore To Exempt Virtual Currency Transactions From GST

On July 5, 2019, Singapore's tax agency released a draft guide that includes proposals for more favorable GST rules for virtual currencies.




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Tax-News.com: Singapore Issues GST Form Instructions For Reverse Charge Supplies

The Inland Revenue Authority of Singapore (IRAS) has released new guidance for GST-registered persons on the completion of new boxes in the GST F5 return from next year.




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Tax-News.com: Switzerland To Share Taxpayer Data With Hong Kong, Singapore

Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force.




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Tax-News.com: Singapore Updates Guidance On 2020 GST Reverse Charge Change

The Inland Revenue Authority of Singapore has updated its guidance on the introduction from January 1, 2020, of an obligation on Singaporean taxpayers to collect GST on imported services under a reverse charge.




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Tax-News.com: Singapore Reports On Tax, Compliance Work

The Inland Revenue Authority of Singapore (IRAS) has reported that revenues increased by 4.4 percent in the 2018-2019 fiscal year, in its annual report for the year.




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Tax-News.com: Singapore Announces Plans For GST Reforms

Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies.




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Tax-News.com: Singapore, Germany Add BEPS Amendments To DTA

Singapore and Germany have signed a protocol to their double taxation agreement, which brings the treaty into line with international standards and amends the maximum withholding tax rates that may be charged.




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Tax-News.com: Malaysia Announces Palm Oil Export Tax Rate For Sept

Malaysia has decided to keep the crude palm oil export duty at 5.5 percent next month, despite higher Indian taxes on imports, which are expected to dent demand.




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Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut

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.




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Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.




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Tax-News.com: UK Announces Digital Tax, Corporate Tax Reforms In New Budget

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses.




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Tax-News.com: Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises.




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British Lab Growing Human Body Parts: Report

Daily Mail reported that British experts are growing human body parts like nose and ears in laboratory. "This is a nose we're growing for a patient




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New Dengue Case Reported in Delhi's Okhla: South Delhi Municipal Corporation

In 2015, as many as 15,867 cases of dengue were reported in Delhi. A case of dengue has been reported from Okhla area of the national capital, reported an official.




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39 Dengue Cases Reported in Delhi, Union Health Minister J.P. Nadda Holds Meeting

Dengue fever is a vector-borne tropical disease caused by the dengue virus. 39 dengue cases have been reported in Delhi so far, a civic body report said.




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Three More Dengue Cases Reported in Pakistan, Total Cases Rise to 37

Three more patients were confirmed infected with dengue in Rawalpindi in Pakistan. Authorities there are gearing up to tackle the rising cases of the mosquito-borne disease.




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Delhi Reports Over 2,600 Chikungunya Cases Till September 17, 2016

Delhi has reported 220 new cases of dengue in the last one week while the total number of new chikungunya cases for the same period stands at 628. A




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Nearly 550 Dengue Cases Reported in Himachal Pradesh, India

Nearly 550 dengue cases have been reported in Himachal Pradesh, India and especially in Bilaspur, which is Union Health Minister J.P. Nadda's hometown.




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New 280 Cases of Dengue Reported in October in New Delhi

According to a municipal report released on Monday, around 285 cases of dengue were reported in the National capital in the end of the week on November 3, compared to 290 cases in the previous week.




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World Health Day: Support Nurses and Midwives

Highlights : World Health Day is observed on April 7th every year globally Aims in improving health of all without a




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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: Ontario Withdraws Support For Canadian Carbon Taxes

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3.




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Tax-News.com: Tax Rose In 20 EU States In 2015, Says Eurostat Report

The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015.




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Tax-News.com: Cyprus Extends Deadline For CbC Reporting Entity Notification

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.




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Tax-News.com: EU Reports On States' Tax Reforms In 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year.




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Tax-News.com: Fraud At Record Levels, New BDO Report Says

BDO, the accountancy and business advisory firm, has released a report into the rapidly growing issue businesses and governments face with fraud, including tax fraud.




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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: China Will Open Up To Foreign Investment, Lower Import Tariffs

China plans to actively expand imports and open up to foreign investment by reducing tariffs and taxes, according to a work report released by the Government ahead of the annual parliamentary session.




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Tax-News.com: China Pledges Tax Support For 'Belt And Road Territories'

The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions.




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Chloroquine Poisoning Reported in Three Nigerians

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.




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Tax-News.com: Italy To Support Armenia To Implement BEPS Reforms

Tax officials in Armenia are to receive support from the Italian Revenue Agency to implement initiatives to tackle tax base erosion and profit shifting.




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Tax-News.com: EU Invites Comments On Italian Port Taxation

An invitation to submit comments with regards to the corporate tax exemption provided to ports in Italy was published in the January 10, 2020, issue of the Official Journal of the European Union.




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Tax-News.com: NZ Opposition Eyeing Corporate Tax Cut Election Pledge

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




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Tax-News.com: Warren Announces US Corporate Tax And Wealth Tax Plans

On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules.




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Tax-News.com: Slovenian Lawmakers Approve Corporate Minimum Tax Plan

On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes.




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Tax-News.com: OECD To Report On Potential Impact Of Its New Digital Tax Rules

The OECD is to host a webcast on February 13, 2020, to present its analysis of the potential impact of its proposals for international tax reform to address the tax challenges arising from the digitalization of the economy.




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Tax-News.com: Exporters Urge Int'l Reform To Simplify VAT Compliance

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization.




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Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut

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.




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Tax-News.com: EU Green Lights E-Commerce Transaction Reporting Rules

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




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Tax-News.com: Report Published On Role Of Malta's Tax Collection Agencies

A new report has been issued following an audit into how taxes in Malta are administered.




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Tax-News.com: Bermuda Lists CbC Report Exchange Partners

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.




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Tax-News.com: OECD Consults On Tackling Common Reporting Standard Circumvention

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.




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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: Belgium Accepting Amendments To Filed CbC Reports

Belgium's tax agency has announced that its MyMinfin portal is now open for multinational taxpayers seeking to correct errors in filed country-by-country reports.




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Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis.




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Tax-News.com: HK, France To Share Multinationals' Country-by-Country Reports

Hong Kong has newly signed an agreement with France to automatically exchange country-by-country reports filed by multinationals.




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Tax-News.com: Hong Kong Launches CbC Reporting Portal

Hong Kong's Inland Revenue Department on March 5 launched its new Country-by-Country Reporting Portal.




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Tax-News.com: OECD Reports Progress On Harmful Tax Regimes Work

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide.




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Tax-News.com: Switzerland To Share Taxpayer Data With Hong Kong, Singapore

Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force.




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Tax-News.com: Swiss CbC Reporting Regime Wins OECD Approval

Switzerland's country-by-country reporting regime meets international standards and the country effectively exchanges the reports it receives with other countries, an OECD peer review has concluded.