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Tax-News.com: Italian Tax Agency Summarizes New COVID-19 Tax Support Measures

On May 21, 2020, the Italian Revenue Agency issued a summary of additional tax measures in Decree 34/2020, which are intended to further support taxpayers affected by the COVID-19 virus.




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Tax-News.com: EU Approves Italian COVID-19 Tax Breaks

The European Commission has approved under state aid rules four Italian tax schemes to support companies and self-employed workers affected by the coronavirus outbreak.




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Tax-News.com: Austria And Italy Sign Frontier Worker Tax Agreement

Austria and Italy have signed an agreement clarifying the tax rules for frontier workers who are working at home due to the COVID-19 pandemic.




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Tax-News.com: COVID-19: Italian Firms Allowed More Time To Pay Deferred Taxes

The Italian Government will allow tax payments that were deferred during the COVID-19 lockdown to be paid in instalments over a two-year period.




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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: Australia Flags Contrived Tax Avoidance Arrangement

The Australian Taxation Office has issued a Taxpayer Alert on mischaracterized arrangements and schemes connected with direct foreign investment into Australian businesses.




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Tax-News.com: Australia To Shutter 'Harmful' Offshore Banking Unit Regime

The Australian Government has confirmed that it will amend its offshore banking unit regime after it was designated a harmful tax regime by the OECD and the European Union.




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Tax-News.com: Australian Tax Agency Announces Virtual Currency Tax Focus

The Australian Taxation Office has expressed its concern that some taxpayers do not fully understand the tax implications of cryptocurrency gains.




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Tax-News.com: Russia Turns Sights To Switzerland, Hong Kong Treaties

Russia's double tax agreements with Hong Kong and Switzerland are next on the radar for authorities in Russia, who are seeking to ensure the country can subject to at least 15 percent withholding tax outbound dividends and interest payments.




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Tax-News.com: Switzerland Prolongs Exemption For COVID-19 Essentials

The Swiss Government has confirmed it will extend a tax exemption for surface disinfectants in light of COVID-19.




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Tax-News.com: Cyprus, Russia Agree Tax Hike On Cross-Border Dividends, Interest

Russia's Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus on September 8, 2020.




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Tax-News.com: Russia's Cabinet Approves Maltese DTA Amendments

Russia's Government has approved wording for a draft Protocol that it will seek to conclude with Malta, to revise their double tax agreement to increase withholding tax rates at source for cross-border dividends and interest income.




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Tax-News.com: Saudi Arabia To Treble VAT Rate To 15pc In Response To COVID-19

Saudi Arabia has announced its decision to increase its headline value-added tax rate to 15 percent from five percent, in a surprise break from the Gulf Cooperation Council's harmonized value-added tax framework.




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Gurugram Increases Screening at Border to Stop Dengue-Malaria Cases

The district health department of Gurugram is on alert to screen for dengue and malaria cases at the border, after increase in the number of cases. The




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Consult a Doctor Before Taking Medicines to Treat Dengue, Malaria or Chikungunya

Mosquito-borne diseases like dengue, malaria and chikungunya are on the rise. The months of September, October and November often see an increase in




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Rise in Prevalence of DEN-2 Variant Raises Concerns in Dengue Outbreaks

In Uttar Pradesh the DEN-2 variant of dengue is increasingly common among people who have tested positive for this mosquito-transmitted disease (!--ref1--).




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Combat Malaria, Dengue (and) Zika With Insecticide Paint

VESTA insecticide paint, applied to homes in vulnerable neighborhoods, kills iAedes aegypti/i mosquitos by 98% for at least a year, offering a potential




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National Dengue Day: India Grapples With Rising Dengue Cases

Experts warn of the increasing dengue burden in India, attributing it to rising temperatures, unprecedented floods, and challenges in public health infrastructure.




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Tax-News.com: Asia-Pac's Tax Take Dropped, Even Before COVID-19: Report

Tax revenues fell in 2019 in two-thirds of economies across Asia and the Pacific as a result of an economic slowdown prior to the COVID-19 pandemic, according to a new OECD report.




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Tax-News.com: OECD Releases E-Commerce VAT Toolkit For Asia-Pac States

On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities.




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Tax-News.com: US IRS Announces TCJA Compliance Campaign

On May 1, 2020, the United States Internal Revenue Service Large Business and International Division announced a new compliance campaign focusing on the 2017 Tax Cuts and Jobs Act and the recently enacted Coronavirus Aid, Relief and Economic Security Act.




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Tax-News.com: EU Investigates Belgian Video Games Tax Breaks

The European Commission has launched an in-depth investigation into a Belgian "tax shelter scheme" which supports video game production.




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Tax-News.com: EU Refers Netherlands To ECJ Over Beneficial Ownership Registry

The European Commission is taking action against the Netherlands for failing to fully implement the Fourth Anti-Money Laundering Directive in respect of the availability of information on entities' beneficial owners.




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Tax-News.com: ECJ AG Urges Ruling Against Belgian 'Excess Profit' Ruling System

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme.




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Tax-News.com: Belgian Lawmakers Approve New Tax On Securities Trading

At a plenary session on February 11, 2021, Belgium's parliament adopted a draft law for a new annual tax on securities accounts.




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Tax-News.com: OECD Releases E-Commerce VAT Toolkit For Asia-Pac States

On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities.




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Introducing Tirzepatide in India: A New Era in Diabetes Care

Recently, the Central Drugs Standard Control Organisation (CDSCO) in India approved Eli Lilly's medlinkTirzepatide/medlink, an active ingredient in




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Prescription Surge: GLP-1RAs for Obesity Without Type 2 Diabetes on the Rise

A nationwide study revealed a significant rise in new prescriptions for Glucagon-Like Peptide-1 Receptor Agonists (GLP-1RAs) over the past decade, with a notable increase since 2020.




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India on Track for Dengue Vaccine by 2026

India could see a medlinkdengue vaccine/medlink (!--ref1--) by 2026, according to K Anand Kumar, Managing Director of Indian Immunologicals (IIL).




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Alemtuzumab: Its Effects on Cell Transplantation in Immune Deficient Asian Patients

Allogeneic hematopoietic cell transplantation (HCT) serves as a widely recognized curative treatment option for patients suffering from inborn errors of immunity (IEI).




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Naloxone: A Lifesaver for Cardiac Arrest Patients?

medlinkNaloxone/medlink, a life-saving medication, is commonly administered by first responders to individuals who have overdosed on opioids and still have a pulse.




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Do Diabetic Drugs Affect Mental Health

Glucagon-like peptide-1 (GLP-1) receptor agonists are increasingly used in the treatment of medlinktype 2 diabetes/medlink and medlinkobesity/medlink.




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Risky Medication Mixes for Young Psychiatric Patients

Young patients on psychiatric medications frequently receive potentially harmful drug combinations. Researchers examined New York State Medicaid records




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Cardiac and Antimalarial Drugs Fuel Indian Pharma Market Growth

medlinkCardiac/medlink, antimalarial, and gastrointestinal therapies have fueled a 6% growth in India's pharmaceutical market in August. h2Indian




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SOLARIS Trial: High-Dose Vitamin D3 in Metastatic Colon Cancer

SOLARIS, a phase 3 clinical trial led by Dana-Farber Cancer Institute, tested the addition of high-dose medlinkvitamin D3/medlink to standard treatment




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India's Pharma and Meditech Exports Soar to 4th Largest Globally

India's pharmaceutical (!--ref1--) and medical technology exports are poised for continued growth, even amid global economic challenges, according to




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Malaria Fight Gets a Boost: Nigeria Introduces Innovative Vaccine

Nigeria has made history by launching a free malaria vaccine, offering hope to millions of children at risk in the country. The new R21 vaccine is a significant




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Why Are Women Getting More Benzodiazepines?

Almost 5% of stroke survivors aged 65 and older received benzodiazepines for the first time within 90 days after an ischemic stroke as per a study, published




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Anti-diabetic Drug Improves Heart and Kidney Health in Older Adults

Diabetes drug canagliflozin benefits patients of all ages. While Sodium-glucose cotransporter-2 (SGLT2) inhibitors are known to reduce the risk of heart




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Australia to Fund RSV Vaccines for Moms and Babies

Starting in 2025, Australia will provide free respiratory syncytial virus (RSV) vaccinations (!--ref1--) for newborns and pregnant women. Mark




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Biotechnology Develops Novel Bacteria for Cancer Gene Detection

Highlights: Advances in genetic engineering have paved way for the development of living cell diagnostics and the




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TB Drug Shortage in India: Can India Achieve Its Goal of Eradicating TB by 2025

Highlights: India faces a severe shortage of critical tuberculosis (TB) drugs, including those needed to combat dru




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Sugar Tax: An Innovative Health Initiative To Curb Diabetes

Highlights: A single can of a sugar sweetened beverage contains sugar equivalent to around 10 teaspoons of table




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European Wellness Initiative - Stem Cell Research for Down Syndrome

Highlights: Significant correlations exist between cognitive abilities and changes in brain size in individuals wit




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Tax-News.com: UK, Austria Sign Deal On Granting Tax Treaty Benefits

HM Revenue and Customs has announced that it is has agreed changes with authorities in Austria regarding how the two authorities will deal with requests for relief under the two countries' tax treaty.




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Tax-News.com: Ukraine, Austria To Raise Tax Rates In Double Tax Pact

Ukraine and Austria intend to revise their double tax agreement to raise rates of tax on cross-border income and introduce measures to combat tax base erosion and profit shifting.




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Tax-News.com: ECJ AG Urges Ruling Against Belgian 'Excess Profit' Ruling System

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme.




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Tax-News.com: Austria Gazettes Law For New Interest Deduction Limitation

Austrian lawmakers have signed off on the introduction of new limits on the deductibility of interest expenses for multinational corporations.




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Tax-News.com: EU Kick-starts Review Of Financial Services VAT Rules

On February 8, 2021, the European Commission launched a consultation on a review of the VAT rules for financial and insurance services.




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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.