ef 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
ef Tax-News.com: OECD Reports On Countries' Tax Reforms In 2016 By www.tax-news.com Published On :: Wed, 13 Sep 2017 00:00:00 GMT On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations. Full Article
ef Tax-News.com: South African Tax Man Stresses Integrity Of Tax Refund System By www.tax-news.com Published On :: Mon, 6 Nov 2017 00:00:00 GMT The South African Revenue Service announced on October 30 that it had paid over ZAR120bn (USD8.4bn) in refunds across all tax types in the last seven months, from the beginning of April of the tax season to date. Full Article
ef Tax-News.com: SARS Announces Temporary Relief From New CFC Reporting Rules By www.tax-news.com Published On :: Fri, 16 Mar 2018 00:00:00 GMT The South African Revenue Service has announced that it will temporarily permit taxpayers to report information on controlled foreign corporations under the old filing rules, which were replaced in February. Full Article
ef Tax-News.com: OECD Urges International Tax Reform Of Savings, Investments By www.tax-news.com Published On :: Fri, 13 Apr 2018 00:00:00 GMT "While countries do not necessarily need to tax savings more, there is a lot of room to improve the way countries tax savings," according to Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration. Full Article
ef Franklin Templeton issues 'unconditional apology' to SEBI on global chief's comments By www.businesstoday.in Published On :: Fri, 08 May 2020 10:11:11 GMT The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets Full Article
ef Tax-News.com: Switzerland Simplifies Process For German WHT Refunds By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax. Full Article
ef Rs 411 crore loan defaulters flee country, SBI complains to CBI after 4 years By www.businesstoday.in Published On :: Sat, 09 May 2020 14:46:50 GMT The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita, for defrauding Rs 414 crore Full Article
ef Tax-News.com: EFTA Signs FTA With The Philippines By www.tax-news.com Published On :: Thu, 28 Apr 2016 00:00:00 GMT 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. Full Article
ef Tax-News.com: Norway's Tax Refunds For Ship Owners Approved By www.tax-news.com Published On :: Fri, 29 Apr 2016 00:00:00 GMT The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners. Full Article
ef Tax-News.com: EFTA States Conclude Georgia FTA, Begin Ecuador Talks By www.tax-news.com Published On :: Mon, 4 Jul 2016 00:00:00 GMT The member states of the European Free Trade Association signed a free trade agreement with Georgia during a meeting on June 27, 2016. Full Article
ef Tax-News.com: EFTA Approves Norwegian Tonnage Tax Extension By www.tax-news.com Published On :: Mon, 14 Nov 2016 00:00:00 GMT The European Free Trade Association Surveillance Authority has approved a six-month extension of the current Norwegian special tax system for shipping under the area's state aid rules. Full Article
ef Tax-News.com: EFTA Approves Eco Tax Incentives For Norwegian Ships By www.tax-news.com Published On :: Fri, 2 Dec 2016 00:00:00 GMT The European Free Trade Association Surveillance Authority has approved a tax-based state aid scheme aimed at reducing maritime transport pollution in Norway. Full Article
ef Tax-News.com: South Africa Consults On Diesel Fuel Tax Refund Overhaul By www.tax-news.com Published On :: Thu, 16 Feb 2017 00:00:00 GMT The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries. Full Article
ef Tax-News.com: EFTA States, Indonesia Ink Trade Deal By www.tax-news.com Published On :: Fri, 21 Dec 2018 00:00:00 GMT 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. Full Article
ef Tax-News.com: Cambodia-Singapore Double Tax Deal Effective By www.tax-news.com Published On :: Wed, 3 Jan 2018 00:00:00 GMT Singapore's tax agency has announced that the territory's new double tax avoidance agreement with Cambodia entered into force on December 29, 2017, capping cross-border withholding taxes on trade and investment. Full Article
ef Tax-News.com: Singapore Legislates For IP Tax Concession Reform By www.tax-news.com Published On :: Thu, 17 May 2018 00:00:00 GMT Singapore has gazetted a law to repeal the income tax concession for intellectual property income derived by companies benefiting from the Pioneer Service Companies Incentive or the Development and Expansion Incentive schemes. Full Article
ef Tax-News.com: Singapore Announces Plans For GST Reforms By www.tax-news.com Published On :: Fri, 8 Nov 2019 00:00:00 GMT Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies. Full Article
ef Tax-News.com: Malaysia's 2018 Budget Includes Various Tax Relief Changes By www.tax-news.com Published On :: Fri, 3 Nov 2017 00:00:00 GMT The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms. Full Article
ef Tax-News.com: Malaysia PM Defends Introduction Of GST By www.tax-news.com Published On :: Mon, 27 Nov 2017 00:00:00 GMT Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices. Full Article
ef Tax-News.com: IMF Proposes Reforms For Belgium By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country. Full Article
ef Tax-News.com: DeFazio Tables US Anti-Profit Shifting Bill By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT US congressman Peter DeFazio (D-OR) has introduced legislation designed to amend the Tax Cuts and Jobs Act so that incentives for US corporations to shift income and production overseas are reduced. Full Article
ef Tax-News.com: Australian Tax Changes Effective From July 1 By www.tax-news.com Published On :: Fri, 6 Jul 2018 00:00:00 GMT The Australian Government has set out the numerous changes made to the tax system on July 1 and launched a consultation on new tax rules for "stapled structures." Full Article
ef Tax-News.com: BEPS Project Has Triggered Near-Global Tax Reform: OECD By www.tax-news.com Published On :: Thu, 26 Jul 2018 00:00:00 GMT The OECD has committed to providing proposals to fix the taxation of the digital economy by 2020, in an update to G20 leaders on international efforts to mitigate base erosion and profit shifting (BEPS). Full Article
ef Tax-News.com: UK Announces Digital Tax, Corporate Tax Reforms In New Budget By www.tax-news.com Published On :: Fri, 2 Nov 2018 00:00:00 GMT 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. Full Article
ef Tax-News.com: Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget By www.tax-news.com Published On :: Fri, 9 Nov 2018 00:00:00 GMT 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. Full Article
ef Tax-News.com: OECD Fleshes Out Int'l Tax Reform Plans During BEPS Webcast By www.tax-news.com Published On :: Thu, 13 Jun 2019 00:00:00 GMT During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy. Full Article
ef Tax-News.com: New Zealand To Remove Low-Value Consignment Relief By www.tax-news.com Published On :: Mon, 25 Nov 2019 00:00:00 GMT New Zealand is to introduce GST on low-value goods sold by overseas retailers from December 1, 2019. Full Article
ef Nanoparticle Effectively Vaccinates Mice Against Dengue Fever By www.medindia.net Published On :: New type of nanoparticle developed by scientists effectively vaccinated mice against dengue virus. The findings of the study published in PLOS Neglected Tropical Diseases. Full Article
ef Dengue Patients Should Defer from Donating Blood for 6-12 Months By www.medindia.net Published On :: People infected with dengue will not be allowed to donate blood for six months, as per the announcement of the Ministry of Health (MoH) and the Department Full Article
ef Physical Activity Beneficial for Mental Well-Being in Postmenopausal Women By www.medindia.net Published On :: Highlights: Physical activity helps reduce depressive symptoms in postmenopausal women Postmenopausal w Full Article
ef Tax-News.com: Canada To Legislate For Budget Tax Reforms By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget. Full Article
ef Tax-News.com: EU Criticizes France's Inefficient VAT System By www.tax-news.com Published On :: Fri, 5 Aug 2016 00:00:00 GMT The European Commission has released a paper recommending improvements to France's "inefficient" value-added tax system, including that the country do away with broadly applying reduced VAT rates. Full Article
ef Tax-News.com: Cyprus, India Tax Treaty To Take Effect In 2017 By www.tax-news.com Published On :: Wed, 28 Dec 2016 00:00:00 GMT The revised double tax avoidance agreement between India and Cyprus will take effect from April 1, 2017, India's Central Board of Direct Taxes has announced. Full Article
ef Tax-News.com: EU Reports On States' Tax Reforms In 2017 By www.tax-news.com Published On :: Wed, 27 Dec 2017 00:00:00 GMT 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. Full Article
ef Tax-News.com: China Sets Out How To Determine Beneficial Owner For Treaties By www.tax-news.com Published On :: Tue, 13 Feb 2018 00:00:00 GMT On February 3, 2018, China's State Administration of Taxation set out new rules on the disallowance of tax treaty benefits where an entity fails to demonstrate it is the beneficial owner of Chinese assets from which passive income is derived. Full Article
ef Tax-News.com: First Tax-Deferred Pension Scheme Launched In China By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China. Full Article
ef Ritalin Directs Brain to Fix Attention on Benefits of Work By www.medindia.net Published On :: Ritalin and similar medications, commonly prescribed to patients with attention deficit hyperactivity disorder, also used by healthy people as a "study Full Article
ef Solution to Life-threatening Side Effect Identified By www.medindia.net Published On :: Paracetamol, the commonly used painkiller, when administered intravenously, lowers blood pressure. The mechanism underlying this dangerous side effect has been identified. Full Article
ef Ticagrelor Alone Provides Benefit in Diabetic Patients By www.medindia.net Published On :: Diabetic patients who stopped using aspirin three months post insertion of a coronary stent and then took the anti-platelet drug ticagrelor alone for Full Article
ef Diabetes Drugs Effective in Reducing Heart, Kidney Disease By www.medindia.net Published On :: Two types of diabetes drugs namely SGLT2 inhibitors and GLP-1 drugs were effective in reducing heart complications including stroke, heart attack, and Full Article
ef Teprotumumab, First FDA-approved Drug for Thyroid Eye Disease Proves Effective By www.medindia.net Published On :: Regardless of patient gender, age or smoking status, teprotumumab, the first FDA-approved drug for thyroid eye disease, provides significant improvement Full Article
ef Less Expensive, More Effective Pneumonia Vaccines are Tested in Humans, Says Study By www.medindia.net Published On :: 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 Full Article
ef Life-threatening Side Effects of Hydroxychloroquine Revealed By www.medindia.net Published On :: Hydroxychloroquine shows weak evidence of its effectiveness against coronavirus in the new study. The drug has been identified by the US Food and Full Article
ef New Drug Formulation Effectively Treats Candida Infections By www.medindia.net Published On :: Candidiasis treatment could be improved using new drug formulation. Specific chemical signal released from a bacterium can be used to improve the activity Full Article
ef Tax-News.com: Italy To Support Armenia To Implement BEPS Reforms By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT Tax officials in Armenia are to receive support from the Italian Revenue Agency to implement initiatives to tackle tax base erosion and profit shifting. Full Article
ef Tax-News.com: EFTA And Mercosur Blocs Conclude Free Trade Deal By www.tax-news.com Published On :: Thu, 29 Aug 2019 00:00:00 GMT The European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland) and the Mercosur group of countries (Argentina, Brazil, Paraguay, and Uruguay) concluded in substance a broad-based free trade agreement at the tenth round of negotiations from August 20 to 23, 2019. Full Article
ef Tax-News.com: Philippines House Passes Financial Services Tax Reforms By www.tax-news.com Published On :: Fri, 13 Sep 2019 00:00:00 GMT The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income. Full Article
ef Tax-News.com: New Zealand Lining Up More Tax Relief For Fledgling Firms By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT 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. Full Article
ef Tax-News.com: OECD To Provide Another Update On Int'l Tax Reform Work By www.tax-news.com Published On :: Fri, 4 Oct 2019 00:00:00 GMT The OECD has announced that the next Tax Talks webcast will be held on October 9. It will update stakeholders on its work to develop new international tax rules. Full Article