tax Tax-News.com: EU Hails Victory In WTO Case Against Russian Duties By www.tax-news.com Published On :: Mon, 30 Jan 2017 00:00:00 GMT The European Commission has hailed victory in a World Trade Organisation case concerning Russian anti-dumping duties on certain light commercial vehicles from Germany and Italy. Full Article
tax Tax-News.com: Russia Files WTO Complaint Against EU Duties By www.tax-news.com Published On :: Tue, 31 Jan 2017 00:00:00 GMT Russia has requested World Trade Organisation dispute consultations with the EU in a case involving EU anti-dumping duties on certain steel products. Full Article
tax Tax-News.com: Minerals Council: Australia's Tax System Is Uncompetitive By www.tax-news.com Published On :: Fri, 10 Mar 2017 00:00:00 GMT The Minerals Council of Australia has published a report it says confirms that the country's high company tax rate is damaging mining firms' ability to compete internationally for capital investment. Full Article
tax Tax-News.com: Japan And Russia To Update DTA By www.tax-news.com Published On :: Fri, 31 Mar 2017 00:00:00 GMT Russian and Japanese government representatives met in Tokyo on March 27 to begin negotiations on updating their double tax agreement. Full Article
tax Tax-News.com: Russia Begins Levying Google Tax By www.tax-news.com Published On :: Mon, 17 Apr 2017 00:00:00 GMT Over 100 foreign providers of electronically supplied goods and services to Russian consumers have registered to pay value-added tax on their supplies at 18 percent. Full Article
tax Tax-News.com: US To Investigate Ten Countries' Steel Exports By www.tax-news.com Published On :: Fri, 21 Apr 2017 00:00:00 GMT The Department of Commerce has initiated a wide-ranging antidumping duty and countervailing duty investigation into imports of carbon and alloy steel wire rod from ten countries. Full Article
tax Tax-News.com: Russia, Japan To Sign New Double Tax Agreement By www.tax-news.com Published On :: Wed, 10 May 2017 00:00:00 GMT The governments of Japan and Russia on April 28 announced they have agreed the text of a new double tax agreement that would replace the 1986 pact between Japan and the former USSR. Full Article
tax Tax-News.com: Russia To Hike VAT Rate To 22 Percent By 2019 By www.tax-news.com Published On :: Tue, 16 May 2017 00:00:00 GMT To fund future tax cuts for companies, the Russian Ministry of Finance has proposed hiking the headline value-added tax rate. Full Article
tax Tax-News.com: Russia To Sign OECD's BEPS Convention By www.tax-news.com Published On :: Tue, 30 May 2017 00:00:00 GMT Russia will sign the OECD's Multilateral Convention to implement tax treaty-related measures to prevent base erosion and profit shifting, the Government announced on May 20. Full Article
tax Tax-News.com: EU Hails Victory In WTO Russia Tariff Dispute By www.tax-news.com Published On :: Mon, 26 Jun 2017 00:00:00 GMT The EU has said that, as a result of dispute proceedings it launched in 2014, Russia has lowered tariffs on certain paper, refrigerators, and palm oil products. Full Article
tax Tax-News.com: China To Probe Dumping Of Styrene by US, Korea, Taiwan By www.tax-news.com Published On :: Tue, 4 Jul 2017 00:00:00 GMT China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins. Full Article
tax Tax-News.com: Switzerland Exploring Options For Freer Trade By www.tax-news.com Published On :: Thu, 6 Jul 2017 00:00:00 GMT Swiss Federal Councillor Johann N Schneider-Ammann will this month travel to Russia, Indonesia, Saudi Arabia, and the US, with the aim of further developing Switzerland's bilateral trade relations with each country. Full Article
tax Tax-News.com: IMF Proposes VAT Rate Hike For Russia By www.tax-news.com Published On :: Fri, 14 Jul 2017 00:00:00 GMT Russia should hike value-added tax by four percent to 22 percent and lower social security contributions, the International Monetary Fund has proposed. Full Article
tax Tax-News.com: BRICS Summit Ends With Tax Commitment By www.tax-news.com Published On :: Thu, 7 Sep 2017 00:00:00 GMT The BRICS countries – Brazil, China, Russia, India, and South Africa – closed out a recent summit with an agreement on supporting one another, and developing nations, with tackling tax evasion and plugging opportunities for tax avoidance. Full Article
tax Tax-News.com: Japan, Russia Agree New Double Tax Pact By www.tax-news.com Published On :: Wed, 13 Sep 2017 00:00:00 GMT The governments of Japan and Russia signed a new convention on the elimination of double taxation on September 7. Full Article
tax Tax-News.com: Paper Looks At 'Tax Haven'-Use Trends Globally By www.tax-news.com Published On :: Wed, 13 Sep 2017 00:00:00 GMT The US-based National Bureau of Economic Research has released a new report that looks at which countries' taxpayers have the most wealth stored in so-called "offshore tax havens." Full Article
tax Tax-News.com: EU Imposes New Anti-Dumping Duties On Steel By www.tax-news.com Published On :: Mon, 9 Oct 2017 00:00:00 GMT The European Commission has announced the imposition of new anti-dumping duties on imports of hot rolled flat steel products from four countries. Full Article
tax Tax-News.com: Technology Cutting Tax Compliance Burden: Paying Taxes 2018 By www.tax-news.com Published On :: Tue, 28 Nov 2017 00:00:00 GMT The use of technology by business and government in tax compliance is driving continued simplification and reduction in the burden of tax compliance on businesses, says Paying Taxes 2018, a report by The World Bank Group and PwC. Full Article
tax Tax-News.com: Russia To Overhaul Taxation Of Oil And Gas Regime By www.tax-news.com Published On :: Fri, 8 Dec 2017 00:00:00 GMT Russia's Energy Ministry has announced that changes to the tax treatment of the oil industry will take place, but potentially not until 2019. Full Article
tax Tax-News.com: EU Introduces New Anti-Dumping Methodology By www.tax-news.com Published On :: Thu, 21 Dec 2017 00:00:00 GMT New EU trade defence legislation entered into force on December 20, changing the way the EU deals with dumped and subsidized imports. Full Article
tax 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
tax Tax-News.com: Russia Proposes To Ditch Flat Individual Tax Regime By www.tax-news.com Published On :: Thu, 1 Mar 2018 00:00:00 GMT Legislation has been tabled in Russia's lower house of parliament, the Duma, to introduce a two-rate personal income tax regime, in place of the current flat tax regime. Full Article
tax Tax-News.com: Denmark Tops Tax Burden League Table By www.tax-news.com Published On :: Wed, 14 Mar 2018 00:00:00 GMT Denmark was found to have the heaviest burden of taxation as a percentage of the economy in a new study by accountancy firm UHY. Full Article
tax Tax-News.com: OECD Releases More Transfer Pricing Country Guides By www.tax-news.com Published On :: Thu, 12 Apr 2018 00:00:00 GMT The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44. Full Article
tax Tax-News.com: Swiss Tax Agency Exchanges Information On Advance Tax Rulings By www.tax-news.com Published On :: Fri, 11 May 2018 00:00:00 GMT The Swiss Federal Tax Administration has confirmed that it has transmitted its first spontaneous information reports on advance tax rulings to exchange of information partner states. Full Article
tax Tax-News.com: Russia Eyeing New Tourist Accommodation Tax By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT The Russian Government is reportedly considering the introduction of a number of new taxes, including a tax on hotel stays. Full Article
tax Tax-News.com: Russia Clarifies Tax Treaty Access Rules For Non-Res Holding Companies By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT In a letter dated August 8, 2019, the Russian Federal Tax Service amended the rules for non-resident holding companies to be considered as the beneficial owner of Russia-sourced income. Full Article
tax Tax-News.com: India, Hong Kong Sign Double Tax Deal By www.tax-news.com Published On :: Tue, 20 Mar 2018 00:00:00 GMT Hong Kong and India on March 19 signed an agreement to avoid double taxation and limit withholding tax rates on passive income at source. Full Article
tax Tax-News.com: PwC India Urges GST Regime Simplification By www.tax-news.com Published On :: Tue, 20 Mar 2018 00:00:00 GMT PwC India has called for simplification of India's goods and services tax regime, in a report to mark 200 days since the regime entered into force. Full Article
tax Tax-News.com: India Consults Taxpayers On Income Tax Law Reform By www.tax-news.com Published On :: Thu, 22 Mar 2018 00:00:00 GMT India has launched a consultation on efforts to reform the country's 1961 income tax law, to be led by a newly constituted task force. Full Article
tax Tax-News.com: India Defers Surrogate Entity CbC Reporting Deadline By www.tax-news.com Published On :: Wed, 28 Mar 2018 00:00:00 GMT The Indian Central Board of Direct Taxes has issued a statement to defer the filing obligation on surrogate parent entities with regards to country-by-country reporting. Full Article
tax Tax-News.com: India Adds BEPS Provisions To Qatar Tax Treaty By www.tax-news.com Published On :: Thu, 29 Mar 2018 00:00:00 GMT India has approved amendments to its double tax agreement with Qatar. Full Article
tax Tax-News.com: India To Expand GST E-Way Bill Pilot By www.tax-news.com Published On :: Thu, 12 Apr 2018 00:00:00 GMT The Indian Government has provided an update on the roll-out of the e-Way Bill system, which was introduced on April 1, 2018, confirming it will be extended to another five states from April 15, 2018. Full Article
tax Tax-News.com: India Consults On Advance Pricing Agreement Regime Changes By www.tax-news.com Published On :: Fri, 13 Apr 2018 00:00:00 GMT India's Central Board of Direct Taxes has launched a consultation on changes to the country's tax ruling process and forms to enable the country to exchange information on tax rulings with other countries' tax authorities, as proposed by the OECD in its base erosion and profit shifting (BEPS) project. Full Article
tax Tax-News.com: India Announces Plans To Simplify GST Filing, Overhaul Refund System By www.tax-news.com Published On :: Fri, 4 May 2018 00:00:00 GMT Meeting on May 4, 2018, India's GST Council approved plans to simplify GST filing obligations. Full Article
tax Tax-News.com: India To Expedite Resolution Of Tax Disputes In June By www.tax-news.com Published On :: Tue, 12 Jun 2018 00:00:00 GMT India's Central Board of Direct Taxation announced on June 7, 2018, that during the first two months of June tax officials have been tasked with resolving disputes with taxpayers. Full Article
tax Tax-News.com: Switzerland To Hand Over HSBC Data To India By www.tax-news.com Published On :: Thu, 9 Aug 2018 00:00:00 GMT India is to receive bank account information from HSBC, after Switzerland's highest court ruled that the bank is obligated to provide data requested where the leaked data has not been purchased. Full Article
tax Tax-News.com: Switzerland, India To Share Tax Data, Conclude FTA By www.tax-news.com Published On :: Fri, 17 Aug 2018 00:00:00 GMT Officials from Switzerland and India have discussed the automatic exchange of tax information and free trade. Full Article
tax Tax-News.com: Indian GST Council Endorses GST Rate Changes For Housing By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT India's GST Council has decided on a number of goods and services tax regime amendments to boost the availability of affordable housing in the country. Full Article
tax Tax-News.com: Indian GST Regime Changes Effective April 1 By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT A number of goods and services tax regime amendments, intended to simplify compliance for traders, will become effective in India from April 1, 2019. Full Article
tax Tax-News.com: India Finalizes Details Of New Real Estate GST Regime By www.tax-news.com Published On :: Tue, 26 Mar 2019 00:00:00 GMT India's GST Council has put flesh on the bones of its plans to introduce a new goods and services tax regime for real-estate transactions. Full Article
tax Tax-News.com: India Introduced GST Changes On April 1 By www.tax-news.com Published On :: Fri, 5 Apr 2019 00:00:00 GMT A number of goods and services tax regime amendments, intended to simplify compliance for traders, became effective in India from April 1, 2019. Full Article
tax Tax-News.com: India Consults On Unitary Taxation Proposals By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT India's Central Board of Direct Taxes has launched a new consultation on proposals to amend Article 7 of India's double tax treaties on permanent establishment, and rule 10 in the Income Tax Rules, 1962, to establish a formula to bring within the charge to Indian tax a proportion of profits of a multinational deemed to have a significant digital presence in India. The country is considering using a formulary apportionment approach, akin to that proposed under the EU's Common Corporate Tax Base initiative. Full Article
tax Tax-News.com: India's GST Council Agrees Overhaul Of GST Returns By www.tax-news.com Published On :: Fri, 5 Jul 2019 00:00:00 GMT During its 35th meeting, India's GST Council approved changes to GST filing requirements and deadlines, and approved the introduction of an electronic invoicing system, Full Article
tax Tax-News.com: India Gazettes Law For Budget Tax Changes By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT India has published in its Official Gazette legislation to give effect to tax announcements in the 2019-20 Budget. Full Article
tax Tax-News.com: India Seeking To Bury Legacy Indirect Tax Disputes This Year By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT India will launch its legacy dispute scheme starting September 1, 2019. Full Article
tax Tax-News.com: India Again Extends Deadline For 2017-18 Annual GST Return By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT India has again extended the due date for furnishing the annual GST return and reconciliation statement for the 2017-18 fiscal year. Full Article
tax Tax-News.com: Indian Banks To Begin Withholding Tax On Large Cash Withdrawals By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT As of September 1, 2019, India introduced an obligation for tax to be deducted at source at a two percent rate if a taxpayer's cash withdrawals totaled INR10m (USD138,350) or more in the previous year. Full Article
tax Tax-News.com: India Sets Arm's Length 'Tolerable Range' For 2019-20 By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT India's Ministry of Finance has released a new Notification that sets the "tolerable range" for arm's length dealings. Full Article
tax Tax-News.com: India Announces 22pc Corporate Tax Rate By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT The Indian Government on September 20, 2019, announced that it will reduce the rate of corporate tax to 22 percent, from 30 percent. New domestic manufacturing ventures will benefit from a 15 percent rate. Full Article