au Tax-News.com: Cyprus, Saudi Arabia Negotiate Double Tax Agreement By www.tax-news.com Published On :: Thu, 4 Jan 2018 00:00:00 GMT Cyprus's Ministry of Finance says the island has signed a double tax agreement with Saudi Arabia with respect to taxes on income and for the prevention of tax evasion. Full Article
au Tax-News.com: Fraud At Record Levels, New BDO Report Says By www.tax-news.com Published On :: Tue, 16 Jan 2018 00:00:00 GMT 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. Full Article
au Tax-News.com: Macau To Sign OECD Multilateral Information Exchange Treaty By www.tax-news.com Published On :: Fri, 11 May 2018 00:00:00 GMT Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information. Full Article
au 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
au New Drug Downs The Spread of Influenza Causing Virus By www.medindia.net Published On :: Baloxavir with trade name Xofluza, is the first treatment for influenza with a new mechanism of "action" to be licensed in around 20 years. It was already Full Article
au PCSK9 Inhibitor With Statin Does Not Cause Loss in Memory, Mental Skills in High-risk Patients: Study By www.medindia.net Published On :: In heart disease patients, taking evolocumab in addition to a statin to achieve extremely low levels of cholesterol do not show higher incidence of neurocognitive Full Article
au Olanzapine Reduces Nausea, Vomiting Among Cancer Patients By www.medindia.net Published On :: Olanzapine decreases the risk of nausea and vomiting among patients with advanced cancer, according to the study published in iJAMA Oncology/i. Charles Loprinzi, M. Full Article
au Tax-News.com: Italy Launches Consultation On Patent Box Rules By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT On February 10, 2020, the Italian tax agency commenced a short consultation on the rules surrounding the patent box self-assessment regime. Full Article
au Tax-News.com: Slovenia To Launch VAT Probe Into Consignees By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT The Slovenian tax authority announced on July 9, 2019, that it will increase tax compliance checks on companies carrying out certain services for foreign e-commerce platforms to ensure they are charging VAT when required. Full Article
au Tax-News.com: Mauritius Gazettes Budget Tax Measures By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019. Full Article
au Tax-News.com: Austrian Parliament Approves Digital Tax By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT On September 19, 2019, the lower house of the Austrian parliament approved the first part of a package of tax reforms that will introduce a digital tax as well as bring about changes to certain value-added tax rules. Full Article
au Tax-News.com: Austria Publishes Digital Tax Guide By www.tax-news.com Published On :: Wed, 8 Jan 2020 00:00:00 GMT The Austrian Ministry of Finance has published guidance in English regarding the Digital Tax Act 2020, which was approved by the upper house of the Austrian parliament on October 10, 2019, and which applies to the provision of digital advertising services from 2020. Full Article
au Tax-News.com: IRS Launches Gig Economy Tax Center By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT 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. Full Article
au Tax-News.com: Malta Launches Tax Breaks For Pension Contributions By www.tax-news.com Published On :: Mon, 11 Sep 2017 00:00:00 GMT Malta's Minister for Finance, Edward Scicluna, recently announced the launch of a number of fiscal incentives, which are intended to boost the take-up of voluntary private pensions. Full Article
au Tax-News.com: EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action By www.tax-news.com Published On :: Mon, 2 Oct 2017 00:00:00 GMT The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, and evasion. Full Article
au Tax-News.com: Malta Updates Guidelines On Automatic Exchange Of Account Info By www.tax-news.com Published On :: Wed, 8 Jan 2020 00:00:00 GMT Malta's Commissioner for Revenue on January 2, 2020, issued a single set of guidelines on the automatic exchange of financial account information. Full Article
au Tax-News.com: Austria Rejects German Financial Transactions Tax Plan By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT Austrian Chancellor Sebastian Kurz has said that Austria does not agree with new German proposals for a European financial transactions tax. Full Article
au Tax-News.com: Austria May Pull Out Of European Financial Transactions Tax Talks By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria. Full Article
au Tax-News.com: Hong Kong Launches CbC Reporting Portal By www.tax-news.com Published On :: Tue, 6 Mar 2018 00:00:00 GMT Hong Kong's Inland Revenue Department on March 5 launched its new Country-by-Country Reporting Portal. Full Article
au Tax-News.com: Switzerland To Overhaul Corporate Tax Rules On January 1 By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT Switzerland is due to introduce its new corporate tax regime from the beginning of 2020. Full Article
au Tax-News.com: UAE VAT Authority Addresses Compliance Matters By www.tax-news.com Published On :: Wed, 31 Jan 2018 00:00:00 GMT 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. Full Article
au Tax-News.com: UAE Tax Authority To Waive Late VAT Registration Penalties By www.tax-news.com Published On :: Tue, 13 Mar 2018 00:00:00 GMT 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. Full Article
au Tax-News.com: Australian Exporters Making The Most Of FTAs By www.tax-news.com Published On :: Thu, 1 Mar 2018 00:00:00 GMT Australia's free trade agreements are being widely used by Australian businesses, according to a new report commissioned by the Government. Full Article
au Tax-News.com: Latest Australia-Japan FTA Tariff Cuts In Force By www.tax-news.com Published On :: Mon, 2 Apr 2018 00:00:00 GMT The fifth round of tariff cuts under the Japan-Australia Economic Partnership Agreement have entered into force. Full Article
au Overeating - Not Lack of Exercise - Could be the Root Cause of Obesity By www.medindia.net Published On :: Highlights: Eating too much - not exercising too little - is at the root of obesity It is also responsible Full Article
au Autism Risk Can Now be Predicted by Sperm Analysis By www.medindia.net Published On :: Highlights: Risk of autism can now be predicted by analyzing the sperms of prospective fathers Mutations Full Article
au Tax-News.com: IRS Launches Gig Economy Tax Center By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT 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. Full Article
au Tax-News.com: IRS Launches COVID-19 Employee Retention Tax Credit By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT 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. Full Article
au Tax-News.com: EU Auditors Concerned By Customs Tax Loopholes By www.tax-news.com Published On :: Fri, 8 Dec 2017 00:00:00 GMT 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. Full Article
au Tax-News.com: Dassault Responds To Paradise Paper Leaks By www.tax-news.com Published On :: Mon, 13 Nov 2017 00:00:00 GMT French aircraft manufacturer Dassault Aviation has issued a statement on its tax arrangements in response to media coverage of the so-called "Paradise Papers." Full Article
au Tax-News.com: Isle Of Man To Introduce New VAT Fraud Penalty By www.tax-news.com Published On :: Wed, 28 Feb 2018 00:00:00 GMT The Isle of Man Treasury has announced that a new 30 percent penalty for participation in VAT fraud will be introduced from March 1, 2018. Full Article
au Tax-News.com: Australia To Improve Division 7A Tax Rules For Shareholders By www.tax-news.com Published On :: Fri, 26 Oct 2018 00:00:00 GMT The Australian Government is to simplify taxpayers' compliance with rules designed to prevent shareholders from using private company profits without paying tax at their marginal rates. Full Article
au Tax-News.com: Australian SME Tax Cuts Now Law By www.tax-news.com Published On :: Mon, 29 Oct 2018 00:00:00 GMT Legislation to reduce Australia's small business tax rate received Royal Assent on October 25. Full Article
au Tax-News.com: Australian Tax Office Expands Data Matching Program By www.tax-news.com Published On :: Fri, 2 Nov 2018 00:00:00 GMT The Australian Taxation Office has announced that it is expanding its data matching program to focus on information it receives from partner organizations on shares held by taxpayers. Full Article
au Tax-News.com: Australia Consults On Tax Implications Of Insurance Law Reform By www.tax-news.com Published On :: Fri, 16 Nov 2018 00:00:00 GMT The Australian Government is consulting on the tax implications of a new accounting standard for insurance contracts. Full Article
au Tax-News.com: Only Tax-Compliant Firms To Be Allowed Australian Gov't Contracts By www.tax-news.com Published On :: Fri, 23 Nov 2018 00:00:00 GMT Australia is to require businesses seeking to tender for significant federal government procurement contracts to demonstrate their record of tax compliance. Full Article
au Tax-News.com: Australian Regulator Flags Important Accounting Standard Changes By www.tax-news.com Published On :: Fri, 7 Dec 2018 00:00:00 GMT The Australian Securities and Investments Commission has highlighted the significant impact that recent accounting standard changes will have for financial reports that must be prepared for the year to December 31, 2018, and second quarter reports. Full Article
au Tax-News.com: Australia Explains Tax Disclosure Obligation On Largest Firms By www.tax-news.com Published On :: Tue, 12 Feb 2019 00:00:00 GMT The Australian Taxation Office has issued an e-brief on how companies can assess if they are required to submit a reportable tax position schedule. Full Article
au Tax-News.com: Australia Warns On Real Estate GST Non-Compliance By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT The Australian Taxation Office said that it has noticed a number of common errors being made in activity statements since the "goods and services tax at settlement" system was introduced for the real estate industry in July 2018. Full Article
au Tax-News.com: Australia Toughens Tax Rules For Procurement Bids By www.tax-news.com Published On :: Fri, 5 Apr 2019 00:00:00 GMT The Australian Government is to implement a new government procurement process that will require the tenderer's tax record to be taken into account. Full Article
au Tax-News.com: Australia Brings Forward Personal Income Tax Reform In 2019 Budget By www.tax-news.com Published On :: Fri, 5 Apr 2019 00:00:00 GMT Australian Treasurer Josh Frydenberg has announced that the Government will bring forward the start date for its package of income tax cuts. Full Article
au Tax-News.com: Australia Explains Early Intervention Program By www.tax-news.com Published On :: Mon, 15 Apr 2019 00:00:00 GMT The Australian Taxation Office has explained how its Early Intervention Strategy helps it to identify tax agents at risk of non-compliance. Full Article
au Tax-News.com: Australia Issues Ruling On Hybrid Mismatch Rules By www.tax-news.com Published On :: Mon, 15 Apr 2019 00:00:00 GMT The Australian Taxation Office has opened a consultation on a draft Law Companion Ruling on the targeted integrity rule that will apply under the new hybrid mismatch regime. Full Article
au Tax-News.com: Australia Explains End-Of-Year Reporting Under STP By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT The Australian Taxation Office has issued guidance on how employers can prepare for end-of-year reporting under the new Single Touch Payroll system. Full Article
au Tax-News.com: Australia Clarifies Effective Life Of Depreciable Assets By www.tax-news.com Published On :: Tue, 16 Jul 2019 00:00:00 GMT The Australian Taxation Office has released a new ruling on how to calculate the effective life of depreciating assets for income tax purposes, in Taxation Ruling (TR) 2019/5, which is applicable from July 1, 2019. Full Article
au Tax-News.com: Australia May Make Directors Liable For Unpaid GST In Folded Companies By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT Legislation before Australia's parliament would make company directors liable for a failed company's GST liabilities in certain circumstances. Full Article
au Tax-News.com: Australian High Court Allows Use Of Leaked Data In Tax Probes By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT The Australian Taxation Office has welcomed a significant ruling from Australia's High Court, which enables the tax agency to use information obtained from data leaks, even if leaked from a law firm. Full Article
au Tax-News.com: Glencore Wins AUD92m Transfer Pricing Case In Australia By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT Australia's Federal Court issued a decision in favor of mining company Glencore on September 3, 2019. The case centered on whether dealings between Swiss parent Glencore International AG and an Australian subsidiary breached transfer pricing rules in relation to the sale and purchase of copper concentrate in the 2007-09 years. Full Article
au Tax-News.com: Australian Tax Changes For Self-Managed Super Funds Effective By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT Australia has enacted new integrity measures included in the Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 affecting self-managed super funds. Full Article
au Tax-News.com: Australia Announces CbC Reporting Changes By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The Australian Taxation Office has announced changes to its CbC reporting system following feedback from multinational groups. Full Article