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Tax-News.com: Switzerland Redrafts Double Tax Treaty Law

The Swiss Government has released new legislation governing Switzerland's application of provisions in its network of double tax agreements.




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Tax-News.com: Switzerland, Italy Agree Tax Deal Covering Campione d'Italia

Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia.




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Tax-News.com: Switzerland To Overhaul Corporate Tax Rules On January 1

Switzerland is due to introduce its new corporate tax regime from the beginning of 2020.




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Tax-News.com: Switzerland Urged To Reform WHT System

The advisory board tasked with reporting on the state of Switzerland's financial center has recommended that the country overhaul its withholding tax system to improve its capital market offering.




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Tax-News.com: France Confirms Digital Tax Delay

On January 22, 2020, French Finance Minister Bruno Le Maire confirmed that France will suspend collection of its digital services tax this year to prevent the United States from applying retaliatory tariffs on a range of French goods.




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Tax-News.com: Eight States' Tax Transparency Frameworks Reviewed

The OECD Global Forum has released eight peer review reports, for Brunei, Macau, Switzerland, Barbados, the Seychelles, Liberia, Peru, and Tunisia, on the jurisdictions' efforts to adopt and comply with international tax standards on transparency and the exchange of tax-related information on request.




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Tax-News.com: Switzerland Has Improved Adherence With Tax Transparency Standards

The OECD's Global Forum has found Switzerland largely compliant with the international standards on transparency and the exchange of information upon request.




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Tax-News.com: UAE VAT Authority Addresses Compliance Matters

The UAE's Federal Tax Authority has newly launched a number of VAT compliance tools and further confirmed how the value-added tax regime, introduced at the start of the year, should operate.




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Tax-News.com: Bahrain Commits To Introducing VAT This Year

Bahrain has committed to pushing towards the introduction of the Gulf Cooperation Council's value-added tax framework by the end of the year.




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Tax-News.com: UAE Tax Authority To Waive Late VAT Registration Penalties

The UAE's Federal Tax Authority has announced that it will waive late registration penalties for businesses that have not yet registered for VAT, on the condition that they do so by April 30 of this year.




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Tax-News.com: UAE's First VAT Quarterly Filing Deadline April 29

The first quarterly value-added tax filing deadline of April 29 is fast approaching in the United Arab Emirates, with more than 90,000 taxpayers said to be affected.




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Tax-News.com: Oman Says VAT Not On The Backburner

Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay.




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Tax-News.com: UAE Expands Scope Of Excise Duty Regime

The United Arab Emirates's amended excise tax regime entered into force on December 1, and now covers sweetened drinks and electronic smoking devices and liquids.




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Tax-News.com: NZ Singled Out For Praise By Tax Foundation Think Tank

In introducing its new 2017 International Tax Competitiveness Index, the Tax Foundation, a US tax policy think tank, notes the importance of simple but effective tax regimes and highlights New Zealand as the country that has implemented particularly positive reforms.




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Tax-News.com: US Taxpayer Body Argues Against Steel, Aluminum Tariffs

The National Taxpayers Union has called upon the US Department of Commerce to halt its investigation into steel and aluminum imports, claiming that imposing tariffs would be "an economically inefficient solution to a narrow problem."




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Tax-News.com: Japan Studying How To Cushion Sales Tax Hike Impact

Japan's Chief Cabinet Secretary, Yoshihide Suga, has announced a task force will be set up to consider ways to mitigate the negative impact of the planned 2019 consumption tax rise.




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Overeating - Not Lack of Exercise - Could be the Root Cause of Obesity

Highlights: Eating too much - not exercising too little - is at the root of obesity It is also responsible




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Autism Risk Can Now be Predicted by Sperm Analysis

Highlights: Risk of autism can now be predicted by analyzing the sperms of prospective fathers Mutations




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Abdominal Obesity Could Up Risk of Recurrent Heart Attacks

Highlights: Excessive belly fat could increase the risk of recurrent heart attacks and strokes Occurs due to




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Healthy Lifestyle Increases Life Expectancy

Highlights: Leading a healthy lifestyle could prolong the lifespan of men and women It could also




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New Cancer Treatment can Hide Boron Inside Cancer Cells During Radiotherapy

Highlights: Boron can now be retained within cancer cells using a novel method Trapping boron within ca




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Disrupting Glutamine Metabolism Aids to Treat Chemotherapy Resistant Pancreatic Cancer

Highlights : A way to utilize existing chemotherapy in a more efficient manner in treating pancreat




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Simple Test can Identify Patients at Risk for Future Dialysis or Transplant

Highlights: A low-cost test can identify patients at high risk of requiring dialysis or transplant




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Novel Treatment Strategy Developed Against MERS

Highlights: A new treatment strategy against MERS has been developed It uses drugs that regulate a cellular/




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Early Genetic Signs can Detect Cancer Earlier and Faster

Highlights: Early genetic signs, years before diagnosis, could signal cancer development in the future




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New Treatment Strategy for Depression Uses AI and Brain Scans

Highlights: Artificial Intelligence (AI) and brain scanning can predict which treatment is best for de




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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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World Encephalitis Day: A Global Issue That Needs a Human Solution

Highlights: World Encephalitis Day is celebrated annually on 22 nd February Its major objective is to raise awaren




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Slowly Increasing Exercise Intensity is Good for the Heart

Highlights: The American Heart Association has published a statement on exercise and heart health It re




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Gut Bacteria can Secrete Carcinogen: Study

Highlights: A common intestinal bacterium has been identified that secretes a carcinogen The carcinogen produ




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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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Latest Study Shows How Indians are Practicing Social Distancing to Fight the Coronavirus

Highlights : Coronavirus cases have crossed over 50,000 in India, despite being under strict lockdown Social distanc




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Tax-News.com: Airbnb Says UK Tax Probe Could Result In Litigation

Airbnb has disclosed that it has been contacted by HM Revenue and Customs regarding the application of tax laws or regulations impacting the company's business, adding that some matters "may result in litigation".




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Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report

The UK's National Audit Office has called for a more comprehensive review of the 1,190 tax relief measures available for taxpayers, which are estimated to have cost the UK revenues worth GBP155bn (USD201.7bn) in 2018-19.




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Tax-News.com: UK's IR35 Reforms Delayed For One Year

The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak.




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Tax-News.com: Germany Relaxes Tax Payment Rules

On March 13, 2020, the German Ministry of Finance announced the relaxation of certain tax payment requirements as part of a package of measures designed to ease the economic impact of the COVID-19 virus.




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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: UK Delays Expansion Of Making Tax Digital For VAT

The UK Government has announced that it will delay ramping up its Making Tax Digital project, in light of COVID-19.




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Tax-News.com: IRS Launches Gig Economy Tax Center

On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information.




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Tax-News.com: US State Maryland Considering Digital Advertising Tax

On January 8, 2020, a bill was introduced in the Senate of the US state of Maryland that would impose a tax on revenues associated with digital advertising derived in the state.




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Tax-News.com: EU Adds Cayman Isles, Panama, Seychelles To Tax Blacklist

The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8.




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Tax-News.com: Trump Discusses Payroll Tax Cut With Congress

On March 9, 2020, United States President Donald Trump revealed that the Administration would begin discussions with Congress on potential tax measures to ease the impact of the coronavirus outbreak, including a payroll tax cut.




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Tax-News.com: IRS Launches COVID-19 Employee Retention Tax Credit

On March 31, 2020, the United States Treasury Department and the Internal Revenue Service launched the Employee Retention Credit scheme, designed to encourage businesses to keep employees on their payroll amid the COVID-19 crisis.




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Tax-News.com: EU Auditors Concerned By Customs Tax Loopholes

EU customs controls are not being applied effectively, an EU audit has found, with importers able to take advantage of loopholes to reduce or evade their duty liabilities.




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Tax-News.com: Tax Agencies To Discuss TP Proactively With Willing MNEs

The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing affairs.




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Tax-News.com: New Finland-Spain Tax Treaty Effective 2019

A new tax treaty between Finland and Spain, which will broaden the Finnish Government's taxing rights with respect to pension income, will be effective from 2019, according to the Finnish Ministry of Finance.




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Tax-News.com: EU To Probe Potential Abuses Of Citizenship By Investment Schemes

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states.




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Tax-News.com: US Senate To Vote On Tax Treaty Protocols

The United States Senate could soon approve ratification of four long-pending double tax avoidance treaty protocols.




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Tax-News.com: Isle Of Man Ship Registry's STCW Platform Praised

The implementation of a new system by the Isle of Man Ship Registry for processing online applications for Standards of Training, Certification, and Watchkeeping for Seafarers endorsements has been hailed a great success by its clients.