Singapore has gazetted a law to repeal the income tax concession for intellectual property income derived by companies benefiting from the Pioneer Service Companies Incentive or the Development and Expansion Incentive schemes.

Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers.

On December 11, 2018, the UK Government tabled The Value Added Tax (Input Tax) (Specified Supplies) (Amendment) Order 2018 before the House of Commons to close a VAT avoidance loophole that is exploited by some UK insurers.

The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget.

US President Donald Trump has approved safeguard tariffs on imported large residential washing machines and imported solar cells and modules.

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.

Indonesia has reportedly tabled draft legislation in the House of Representatives to make wide-ranging changes to the tax system, including lowering the corporate tax rate and modernizing rules for digital economy players.

The Spanish Government has published the draft bill to introduce a digital services tax in Spain, beginning the formal parliamentary process needed to introduce the measure.

Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament.

The Swiss Federal Council will bring into force legislation on the implementation of recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

The Spanish Government has published the draft bill to introduce a digital services tax in Spain, beginning the formal parliamentary process needed to introduce the measure.

Current Polish legislation on abortion is very restrictive. It bans all terminations except when the pregnancy results from rape or incest, poses a health

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The OECD Working Group on Bribery is concerned by a request, issued by the National Council of the Republic of Slovenia, to open a parliamentary inquiry into corruption prosecutions of a current member of the National Council. The National Assembly, the upper chamber of the Slovenian Parliament, launched the inquiry to investigate what have been alleged to be political motives of the prosecutors and judges involved in these cases.

A decade ago, Mumbai Mirror had published a shocking news on Aishwarya Rai Bachchan's difficulties in conceiving due to stomach tuberculosis.

Every individual born in the country has the right to choose his religion. A person might have followed a religion by birth, but nothing can stop the person from embracing a new religion.

Amitabh Bachchan slammed trolls who criticised him for working during the lockdown and shooting for KBC. The actor gave them a befitting response on his blog.

20/06/2012 - The Slovak Republic must urgently meet its obligations under the Convention it signed 12 years ago and introduce an effective corporate liability regime so that Slovak companies are held accountable for the bribery of foreign public officials in cross-border business deals, says a new OECD report.

The Secretary-General participated in the GLOBSEC Bratislava Global Security Forum alongside the Prime Ministers of Poland, the Slovak Republic, Hungary and the Czech Republic. He also met with the Deputy Prime Minister and Minister of Finance of the Slovak Republic.

Mr. Gurría received the International Peace Prize from Slovakia 2015 Award, granted by the Slovak Chamber of Commerce and Industry. He also presented two OECD education reviews on the Slovak Republic and held meetings with government ministers.

The Secretary-General addressed the Informal Meeting of EU Finance Ministers (ECOFIN) on the topic of improving tax certainty and fighting base erosion and profit shifting (BEPS), tax crime and the financing of terrorism.

The OECD assessed the legal framework of key anti-corruption related legislation in the Slovak Republic in order to set the ground for strengthening integrity in the Slovak public sector and beyond.

Mr. Angel Gurría, Secretary-General of the OECD, was in Bratislava on 5 February 2019 to present the 2019 OECD Economic Survey of the Slovak Republic, alongside Mr. Peter Pellegrini, Prime Minister of the Slovak Republic.

Mr. Angel Gurría, Secretary-General of OECD, was in Bratislava on 3 April 2019 to hold a series of meetings to prepare the OECD’s annual Ministerial Council Meeting (MCM), taking place next 22-23 May 2019 under the chairmanship of the Slovak Republic.

Poland must make urgent progress on carrying out key recommendations of the OECD Working Group on Bribery that remain unimplemented, more than four years after its Phase 3 evaluation in June 2013.

Anushka Sharma had once slammed Deepika Padukone. The two leading ladies couldn't meet eye to eye. What exactly went wrong between the two.

A media report has it that the Centre recently asked Twitter to take down over a hundred tweets that could be deemed offensive and could hurt religious sentiments.

Bobby Deol's wife Tanya Deol had an infamous catfight with Kareena Kapoor Khan on the sets of Ajnabee. Here's how the events unfolded.

Twinkle Khanna was on the receiving end of trolling a few years ago when she shared a pic from a photoshoot, and netizens mocked her for sitting on books!

OECD’nin yayınladığı en son Büyümeye Geçiş raporuna göre kapsamlı bir reform gündemi doğrultusunda kararlı ve sistemli adımların atılması hükümetlere, zayıf talebi canlandırmak, sağlıklı ekonomik büyümeyi canlandırmak, iş olanakları yaratmak ve kazanımları toplumun her kesimine ulaştırmak için fırsatlar sunmaktadır.

In view of Turkey’s continued failure to implement key aspects of the OECD Anti-Bribery Convention and to enforce its foreign bribery laws, the Working Group on Bribery will send a high-level mission to Ankara in 2020, unless Turkey takes concrete action by October 2019.

Today at the OECD Headquarters in Paris, Mr. Andrew Haigh, Collector of Inland Revenue of the Cook Islands, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

The OECD has published updated versions of transfer pricing country profiles (TPCP), reflecting the current transfer pricing legislation and practices of a large number of participating countries.

The OECD has published 14 new and 2 updated transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of participating countries. The country profiles, which are now available for 44 countries, contain up-to-date and harmonised information on key aspects of transfer pricing legislation, provided by countries themselves.

The Former Yugoslav Republic of Macedonia today signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 124th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion.

As part of a mission held from 16 to 19 July 2018 in Islamabad, Pakistan aimed at launching the induction programme to support the implemention of the BEPS measures and initiating the TIWB programme, an OECD delegation met in Islamabad to discuss the progress of the country in implementing the new international standards to combat tax avoidance and tax evasion.

The Former Yugoslav Republic of Macedonia (FYROM) has become the 117th jurisdiction to join the Inclusive Framework on BEPS (“IF”).

Die OECD-Arbeitsgruppe gegen Bestechung bedauert, dass in Österreich bisher noch kein Urteil wegen der Bestechung von ausländischen Amtsträgern ergangen ist, obwohl seit der Ratifizierung des entsprechenden OECD-Übereinkommens vor 13 Jahren eine Reihe von Vorwürfen vorlag.

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.

Widespread corruption was one of the main reasons that led to the change of the political regime in Ukraine in 2014. The new administration pledged to fight corruption, a challenging task in the current context of the economic crisis and military conflict in the East of the country.

Russia still needs to make substantial progress on key recommendations issued by the OECD Working Group on Bribery in 2012 and 2013.

Chile must make further progress on key recommendations of the OECD Working Group on Bribery in International Business Transactions, more than three years after its Phase 3 evaluation in March 2014.

Lithuania has taken significant steps to strengthen its legislative framework to combat foreign bribery. Yet further efforts are needed to ensure effective enforcement of anti-bribery laws with regard to corporate liability and imposing sanctions for foreign bribery, including confiscation, according to a new report by the OECD Working Group on Bribery.

Poland must make urgent progress on carrying out key recommendations of the OECD Working Group on Bribery that remain unimplemented, more than four years after its Phase 3 evaluation in June 2013.

Unemployment Rate in Faroe Islands increased to 1.10 percent in February from 1 percent in January of 2020. Unemployment Rate in Faroe Islands averaged 4.28 percent from 1995 until 2020, reaching an all time high of 14.30 percent in May of 1995 and a record low of 1 percent in September of 2019. This page provides - Faroe Islands Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Faroe Islands in Turkey increased to 1031.62 USD Million in March from 210.40 USD Million in February of 2020. Imports from Faroe Islands in Turkey averaged 329.80 USD Million from 2014 until 2020, reaching an all time high of 1206.98 USD Million in July of 2017 and a record low of 100.18 USD Million in June of 2019. This page includes a chart with historical data for Turkey Imports from Faroe Islands.

OECD indicators of structural policy show that policy changes in Italy since 1998 should have improved the environment for entrepreneurship significantly, but in the same period its economic performance has deteriorated noticeably.

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.

The OECD assessed the legal framework of key anti-corruption related legislation in the Slovak Republic in order to set the ground for strengthening integrity in the Slovak public sector and beyond.

This article by Roel Nieuwenkamp talks about the trend of hardening of soft law in the domain of responsible business conduct. It argues that legislative proposals related to existing international instruments should not seek to reinvent the wheel, but to reinforce it. Existing instruments that are widely recognised and proven to be effective and reasonable should represent a foundation for their legally-binding counterparts.