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Tax-News.com: Philippines To Complete Tax Incentives Review By Early May

The Philippines Department of Finance has announced that the Fiscal Incentives Review Board (FIRB) will complete the implementing rules and regulations for the corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by the third week of May.




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Tax-News.com: Mexico Enacts Outsourcing Tax Law Changes

Mexico has recently enacted legislative amendments to various tax laws in a bid to restrict the ability of companies to enter into outsourcing arrangements.




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Tax-News.com: Putin Signs Law To Withdraw From Dutch DTA

Russia's President Vladimir Putin has signed a law to terminate the country's double tax agreement with the Netherlands.




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Tax-News.com: Hong Kong, Georgia Tax Deal To Enter Into Force

The Hong Kong Government has announced that the comprehensive double tax agreement it signed with Georgia last year will enter into force on July 1.




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Tax-News.com: US Lawmakers Approve New Cryptoassets Reporting Rules

The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in cryptocurrency trading to report details about transactions.




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Tax-News.com: China's New Urban Maintenance And Construction Tax Law In Force

China's Ministry of Finance and the State Administration of Taxation have issued a statement announcing tax relief from the Urban Maintenance and Construction Tax.




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Tax-News.com: EU To Table A Digital Tax Proposal In October

The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world's largest firms.




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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.




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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.




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Tax-News.com: Ecuador Introduces Amnesty And Taxes On Assets

Legislation has been enacted in Ecuador to introduce new taxes on companies and wealthy individuals, to fund government efforts during the COVID-19 pandemic.




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Quick Fixes for Morning Facial Puffiness

Highlights: Hydration and reduced salt intake prevent water retention, helping reduce facial bloating Regu




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Self-Adjusting Exposure Aids Transforms Robotic Heart Surgery

Highlights: Robotic-assisted surgery has gained traction over the years due to its benefits It requires smaller




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Exercise to Combat Postpartum Depression

Highlights: Exercise for a total of 80 minutes per week can reduce postpartum depression and anxiety Physical ac




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Tax-News.com: Singapore Updates Tax Rules For Company Liquidations

The Inland Revenue Authority of Singapore has updated its guidance on the tax requirements for companies being liquidated and those under receivership.




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Tax-News.com: UAE Sets Out VAT Rules For Social Media Income, Performers

The United Arab Emirates' Federal Tax Authority has released a bulletin highlighting the value-added tax rights and obligations of performers and those who earn income from online platforms.




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Tax-News.com: Hong Kong Tables Tax Law Administration Bill

Hong Kong tabled the Inland Revenue (Amendment) (Miscellaneous Provisions) Bill 2021 in parliament on March 24.




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Tax-News.com: Singapore Issues Advance Ruling On IP Rights Transfer

On April 1, 2021, the Inland Revenue Authority of Singapore issued a summary of an advance ruling concerning franchise income earned by a Singaporean company from licensing intellectual property rights.




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Tax-News.com: New Zealand Explains Recent Tax Law Changes

The New Zealand Inland Revenue Department has released a new "special report" to provide guidance on changes to real property tax rules and other tax rules that were included in the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021.




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Tax-News.com: China Halves Corporate Tax For Smallest Businesses

Chinese authorities have announced enhanced temporary tax breaks for small businesses.




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Tax-News.com: Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting

Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion.




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Tax-News.com: Hong Kong Issues Tax Returns For Individuals

On May 3, 2021, the Hong Kong Inland Revenue Department issued over 2.62 million tax returns for individuals for the year of assessment 2020-21.




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Tax-News.com: Hong Kong Enhances Tax Rules For Amalgamations

Hong Kong's Legislative Council has passed a bill to implement a series of amendments to the Inland Revenue Ordinance.




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Tax-News.com: Mauritius Announces New Tax Reliefs In 2021-22 Budget

Mauritius announced numerous tax relief measures for investors and for wealthy foreign individuals in its newly released Budget.




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Tax-News.com: Firms Given More Time To Seek New Zealand's R And D Tax Perks

New Zealand has announced further extensions to due dates for applications for the country's research and development tax incentive for the 2019-20 and 2020-21 income years.




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Tax-News.com: OECD Receives Backing For Historic International Tax Overhaul

The OECD has said 131 countries and jurisdictions have put their name to an international agreement on an overhaul to tax rules for the digitalized economy and for large multinational businesses.




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Tax-News.com: Thailand Explains New VAT Rules For B2C Electronic Services

Thailand's Revenue Department has released new English-language guidance on the value-added tax rules for business-to-consumer supplies of electronic services rendered by non-resident businesses.




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Tax-News.com: Hong Kong Sets Out Response To Int'l Tax Reform Plans

Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, has set out how the territory intends to respond to the OECD's proposed new international tax framework.




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Tax-News.com: Wyden Takes Aim At US Pass-Through Income Tax Break

Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income introduced into US tax law in 2017.




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Tax-News.com: Mexico Publishes Second Report On Industry-Average Tax Burdens

On August 1, 2021, Mexico's federal tax authority released a second report on the effective corporate tax paid by large businesses in various economic sectors.




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Tax-News.com: Indonesia To Shoulder Retailers' VAT On Rental Costs

The Indonesian Government has legislated to shoulder the value-added tax liability of retail businesses on rent and service charges due between August and October 2021.




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Tax-News.com: Hong Kong Discusses US Termination Of Shipping Tax Pact

The Hong Kong Government has said it is looking at potential measures to support the shipping industry following the decision by the US Government to terminate the two territories' agreement that exempted shipping industry income from tax.




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Tax-News.com: Netherlands Announces 'Modest' 2022 Budget

The Dutch Government has announced changes aimed at improving the tax system in its 2022 Tax Plan, released on September 21.




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Tax-News.com: Hong Kong To Amend Tax Rules For Foreign-Source Passive Income

The Hong Kong Government has issued a statement committing to amend its tax law with regards the tax exemption for foreign source passive income from 2023, to ensure the territory does not end up placed on the EU's tax blacklist of non-cooperative territories.




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Tax-News.com: Singapore To Implement Budget 2021 GST Reforms Unchanged

Following a consultation exercise, the Inland Revenue Authority of Singapore has said the territory intends to go ahead with various important goods and services tax regime changes without accepting amendments proposed by stakeholders.




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Tax-News.com: Indonesian Lawmakers Approve Tax Reform Plans

Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax.




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Tax-News.com: UK Announces Tax Breaks For Businesses In 2022 Budget

With the UK corporate tax rate set to rise 25 percent from April 2023, the UK Government has announced various tax proposals that are intended to support businesses and the UK economy, in the newly released 2022 Budget.




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Tax-News.com: Singapore Expected To Hike Carbon Tax In 2022 Budget

Singapore's Minister of Finance has said Singapore will set out plans to hike its carbon tax in the 2022 Budget.




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Tax-News.com: UK Delays Overhaul To Tax Non-Compliance Penalties

HM Revenue and Customs is reforming late-filing and payment penalties to make them fairer and more consistent across taxes. The first stage of these reforms was set to come into effect early this year. However, on January 13, 2022, HMRC postponed the effective dates by nine months to one year.




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Tax-News.com: Turkey Cuts CIT For Manufacturing Firms, Exporters

The Turkish Government has recently enacted Law No. 7,351, which provides corporate tax reliefs for exporters and manufacturing businesses.




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Tax-News.com: US IRS To Pause Some Tax Enforcement Proceedings

The US Internal Revenue Service (IRS) has suspended the use of more than a dozen additional letters, including the mailing of automated collection notices, normally issued when a taxpayer owes additional tax and the IRS has no record of a taxpayer filing a tax return.




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Tax-News.com: Singapore Targets A More Progressive Tax Regime In 2022 Budget

Singapore has announced personal income tax hikes and higher wealth taxes on the territory's wealthiest individuals, as well as plans to ramp up the territory's carbon tax, in its newly released Budget.




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Tax-News.com: Guernsey To Delay Tax Reform Debate To Explore Corporate Tax Options

The Guernsey Government on April 26, 2022, announced that a parliamentary debate on tax reform, scheduled for July, will now be delayed until the end of the year, to allow time for consideration of corporate tax options. Earlier, Guernsey's Policy and Resources Committee proposed that the territory could implement a goods and services tax to buoy the territory's finances.




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Tax-News.com: BVI To Launch New Tax Administration Platform

The British Virgin Islands' Inland Revenue Department is to introduce a new platform from early next year to automate the administration of all taxes and licenses.




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Psychedelics for Anorexia Nervosa (Eating Disorder)

Exploring the potential of psychedelics, like psilocybin, in treating anorexia nervosa and offering new hope for those struggling with this eating disorder.




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Protecting Children's Health Amidst Delhi's Toxic Air Pollution

Highlights: Air pollution, especially particulate matter, poses significant health risks to children, affectin




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Analysis of Healthcare Budget Allocations for 2024-2025: Increases in Expenditure

Highlights: The Medical Treatment of CGHS Pensioners (PORB) increased significantly from (and) #8377;4,296.40 crores to (and) #




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End Unnecessary Surgery on Children With Intersex Variations

The Australian Medical Students' Association (AMSA) joins calls from advocacy groups for States and Territories to legislate an end to unnecessary surgeries performed on intersex infants.




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Personal Examination of Doctor Who Prepared Medico-legal Cases Report Optional: Delhi High Court

The Delhi High Court recently ruled that a personal examination of the doctor who created a medico legal case report (MLR) was not required in order




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Nurses as Parents Exemplify Association Between Poor Sleep and Daily Stress: Study

Nurses who are parents are more susceptible than other groups to daily stress aggravated by sleep deprivation, revealed paper published in Journal of Sleep Research.




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Why Is Improving Experience for Overseas Nurses in the UK Important?

The key motivations for migration among international nurses included education, career experience, and desires to improve quality of life. The report,