com Tax-News.com: French Workers In 'Third Countries' Liable For Social Security By www.tax-news.com Published On :: Thu, 18 Jan 2018 00:00:00 GMT Income from assets of French nationals who work in a state other than a member state of the EU, the European Economic Area or Switzerland may be subject to French social security contributions, the European Court of Justice has ruled. Full Article
com Tax-News.com: US Slaps 'America First' Duties On Foreign Solar Goods, Washers By www.tax-news.com Published On :: Wed, 24 Jan 2018 00:00:00 GMT US President Donald Trump has approved safeguard tariffs on imported large residential washing machines and imported solar cells and modules. Full Article
com Tax-News.com: Hong Kong To Soon Join OECD's Multilateral Tax Compact By www.tax-news.com Published On :: Fri, 2 Feb 2018 00:00:00 GMT Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities. Full Article
com Tax-News.com: China 'Has Slashed Business Taxes By CNY2.5tn Since 2012' By www.tax-news.com Published On :: Tue, 6 Feb 2018 00:00:00 GMT The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012. Full Article
com 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
com Tax-News.com: First Chinese 'Environment Tax' Reports Due April 1 By www.tax-news.com Published On :: Tue, 6 Mar 2018 00:00:00 GMT About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month. Full Article
com Tax-News.com: EU Extends Anti-Dumping Tariffs On Chinese Steel By www.tax-news.com Published On :: Wed, 7 Mar 2018 00:00:00 GMT The EU is to apply existing anti-dumping measures on Chinese imports of seamless pipes and tubes of stainless steel for another five years. Full Article
com Tax-News.com: China Will Open Up To Foreign Investment, Lower Import Tariffs By www.tax-news.com Published On :: Wed, 7 Mar 2018 00:00:00 GMT China plans to actively expand imports and open up to foreign investment by reducing tariffs and taxes, according to a work report released by the Government ahead of the annual parliamentary session. Full Article
com Tax-News.com: Chinese Property Tax On The Cards By www.tax-news.com Published On :: Tue, 13 Mar 2018 00:00:00 GMT Chinese authorities are working on a long-awaited property tax to cool the country's overheated property market, according to a senior government official. Full Article
com 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
com Tax-News.com: UK Updates VAT Guidance For Online Marketplaces By www.tax-news.com Published On :: Mon, 19 Mar 2018 00:00:00 GMT HM Revenue and Customs has updated its value-added tax guidance for online marketplaces and for suppliers using them to sell to UK consumers. Full Article
com Tax-News.com: First Deadline For Chinese Environmental Tax Approaching By www.tax-news.com Published On :: Mon, 26 Mar 2018 00:00:00 GMT The first returns under China's new environmental tax are due online by April 1, 2018. Full Article
com Tax-News.com: China's New FM Confirms Tax Cut Plans By www.tax-news.com Published On :: Mon, 26 Mar 2018 00:00:00 GMT China's new Finance Minister, Liu Kun, has announced plans to reform the nation's taxation system, including value-added tax rate reductions. Full Article
com Tax-News.com: China Cuts VAT To Fuel Economic Growth By www.tax-news.com Published On :: Mon, 2 Apr 2018 00:00:00 GMT China's State Council has announced a cut in value added tax rates as part of a CNY400bn (USD63bn) tax reduction package to stimulate growth. Full Article
com 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
com 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
com Tax-News.com: China Pledges Tax Support For 'Belt And Road Territories' By www.tax-news.com Published On :: Tue, 22 May 2018 00:00:00 GMT The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions. Full Article
com Tax-News.com: Global Carbon Tax Take Up 50 Percent In 2017 By www.tax-news.com Published On :: Mon, 28 May 2018 00:00:00 GMT Governments raised about USD33bn in carbon pricing revenue last year, a 50 percent increase from 2016, according to a new update by the World Bank. Full Article
com 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
com Tax-News.com: At UN General Assembly, OECD Urges Global Carbon Tax Action By www.tax-news.com Published On :: Fri, 28 Sep 2018 00:00:00 GMT Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Full Article
com Tax-News.com: OECD Seeks Feedback On Dispute Resolution In Ten Jurisdictions By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT The OECD has requested stakeholders' input on the dispute resolution processes in place in Andorra, Anguilla, Bahamas, Bermuda, the British Virgin Islands, the Cayman Islands, the Faroe Islands, Macau (China), Morocco, and Tunisia. Full Article
com Tax-News.com: OECD Releases Eight New Action 14 Peer Reviews By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Full Article
com Tax-News.com: Eight States' Tax Transparency Frameworks Reviewed By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT 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. Full Article
com Sanofi Offers Promising Drug to Combat COVID-19 By www.medindia.net Published On :: French pharmaceutical company Sanofi is ready to offer the French authorities, millions of doses of Plaquenil containing hydroxychloroquine, to treat Full Article
com Vericiguat Drug may Improve Outcomes in Patients with Worsening Heart Failure By www.medindia.net Published On :: An investigational drug vericiguat offers new hope for patients with worsening heart failure, reports a new study. Patients with worsening heart failure Full Article
com Newer Drug Reduces Pulmonary Complications By www.medindia.net Published On :: Improved outcomes of newer drug in some patients could be due to a more complete reversal of the effects of muscle relaxants used during surgery. The Full Article
com Convalescent Plasma to Help Combat COVID-19 By www.medindia.net Published On :: Scientists are working to collecting and using convalescent plasma to develop a passive immunization program to treat patients hospitalized for COVID-19. Full Article
com Tax-News.com: EU Tells Italy To Revise 2019 Budget Plan By www.tax-news.com Published On :: Fri, 26 Oct 2018 00:00:00 GMT On October 23, 2018, the European Commission issued a request to the Italian Government that it revise its draft budgetary plan for 2019 because it breaches European Union fiscal rules. Full Article
com Tax-News.com: Italy Lists Companies Covered By VAT Split Payment Regime By www.tax-news.com Published On :: Mon, 21 Jan 2019 00:00:00 GMT The Italian Department of Finance has released new lists of government and private sector entities covered by Italy's split-payment mechanism. Full Article
com Tax-News.com: Italy Finalizes Rules For New Patent Box Regime By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT Italy's tax agency on July 30, 2019, published a definitive version of the rules for the operation of the country's patent box regime. Full Article
com Tax-News.com: Italy May Probe Netflix's Tax Affairs By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT Milan's Public Prosecutor's Office has launched an investigation into whether Netflix owes tax in Italy, Italian daily Corriere Della Sera reported October 3, 2019. Full Article
com Tax-News.com: Italian Government Approves Draft Budget By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT On October 16, 2019, the Italian Council of Ministers approved the draft Budget law for 2020, which will prevent an automatic rise in the rate of value-added tax, and includes further measures designed to combat tax avoidance and evasion. Full Article
com 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
com Tax-News.com: Switzerland, Italy Agree Tax Deal Covering Campione d'Italia By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia. Full Article
com Tax-News.com: EU Invites Comments On Italian Port Taxation By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT An invitation to submit comments with regards to the corporate tax exemption provided to ports in Italy was published in the January 10, 2020, issue of the Official Journal of the European Union. Full Article
com Tax-News.com: Italy Releases Tax Forms And Instructions For 2020 By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT On January 31, 2020, the Italian Revenue Agency released instructions on how companies, individuals, corporate groups, and partnerships can comply with their tax return filing obligations during 2020. Full Article
com 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
com Tax-News.com: Italy Publishes Annual VAT Return In English By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT On March 4, 2020, the Italian tax authority published English language versions of the annual value-added tax form for 2020, together with instructions. Full Article
com Tax-News.com: Italy Suspends Tax Assessments Over COVID-19 By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak. Full Article
com Tax-News.com: NZ Opposition Eyeing Corporate Tax Cut Election Pledge By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT New Zealand's opposition National Party has released its plans for tax reform, announcing it would review whether to lower the corporate tax rate. Full Article
com 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
com Tax-News.com: Netherlands To Reduce Tax On Savings Income By www.tax-news.com Published On :: Fri, 13 Sep 2019 00:00:00 GMT On September 6, 2019, the Dutch Ministry of Finance announced proposals to reforms the tax rules for savings income. Full Article
com Tax-News.com: Indonesia Explains New Dividend Tax Exemptions By www.tax-news.com Published On :: Fri, 13 Sep 2019 00:00:00 GMT Following the release of the 2020 Budget, the Indonesian Government has explained in greater detail its plans to reform the tax code to foster increased investment by foreign and domestic businesses. Full Article
com 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
com Tax-News.com: IRS Offers Settlement Scheme To Micro-Captives By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT On September 16, 2019, the United States Internal Revenue Service announced the mailing of a time-limited settlement offer for certain taxpayers under audit who participated in abusive micro-captive insurance transactions. Full Article
com Tax-News.com: Germany Proposes Climate Change Tax Plan By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets. Full Article
com 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
com Tax-News.com: Algeria Releases 2020 Draft Budget By www.tax-news.com Published On :: Fri, 4 Oct 2019 00:00:00 GMT Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs. Full Article
com 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
com Tax-News.com: New Zealand Adds To Real Property Tax Reform Plans By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT New Zealand has released a new consultation on proposals to further clarify the deductibility of holding costs (rates, interest, insurance, etc.) where land that is subject to tax on sale is used privately while it is held. Full Article