co Tax-News.com: Switzerland Planning New VAT Rules For Mail Order Companies By www.tax-news.com Published On :: Thu, 25 Jun 2020 00:00:00 GMT The Swiss Federal Council has launched a consultation on the amendments to the VAT law, with a focus on the tax treatment of mail order businesses and the administrative burden on SMEs. Full Article
co Tax-News.com: Switzerland To Introduce VAT Domestic Reverse Charge On Emissions Trading By www.tax-news.com Published On :: Fri, 3 Jul 2020 00:00:00 GMT Switzerland has proposed introducing the value-added tax reverse charge mechanism for domestic transactions in emission allowances. Full Article
co Tax-News.com: Switzerland Unlikely To Need Tax Hikes In Response To COVID-19 By www.tax-news.com Published On :: Fri, 10 Jul 2020 00:00:00 GMT The Swiss Government is anticipating a shortfall in tax receipts of over CHF5bn in 2020. Full Article
co Tax-News.com: Switzerland Relaxes Rules For Tourists' VAT Refunds By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT Switzerland's Federal Department of Finance is extending the time limit within which tourists can export goods purchased in the country tax free. Full Article
co Tax-News.com: Switzerland Adds BEPS Provisions To Three Treaties By www.tax-news.com Published On :: Fri, 24 Jul 2020 00:00:00 GMT Switzerland has signed protocols to its double taxation agreements with Cyprus, Liechtenstein, and Malta to implement minimum standards developed as part of the OECD's BEPS project. Full Article
co Tax-News.com: France Publishes List Of Territories Exempt From CbC Local Filing By www.tax-news.com Published On :: Fri, 31 Jul 2020 00:00:00 GMT On July 20, 2020, the French Government published in the Official Gazette a decree to expand the list of jurisdictions exempt from local filing reporting requirements under the country's country-by-country reporting regime. Full Article
co Tax-News.com: Switzerland Eases VAT Refund Rules For Tourists By www.tax-news.com Published On :: Fri, 7 Aug 2020 00:00:00 GMT Effective August 1, 2020, Switzerland relaxed the rules for tourists seeking to export goods free from tax. Full Article
co Tax-News.com: Russia Turns Sights To Switzerland, Hong Kong Treaties By www.tax-news.com Published On :: Tue, 18 Aug 2020 00:00:00 GMT Russia's double tax agreements with Hong Kong and Switzerland are next on the radar for authorities in Russia, who are seeking to ensure the country can subject to at least 15 percent withholding tax outbound dividends and interest payments. Full Article
co Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration By www.tax-news.com Published On :: Mon, 31 Aug 2020 00:00:00 GMT The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24. Full Article
co Tax-News.com: Switzerland Prolongs Exemption For COVID-19 Essentials By www.tax-news.com Published On :: Wed, 9 Sep 2020 00:00:00 GMT The Swiss Government has confirmed it will extend a tax exemption for surface disinfectants in light of COVID-19. Full Article
co Tax-News.com: Switzerland To Add Anti-BEPS Provisions To Two Treaties By www.tax-news.com Published On :: Wed, 9 Sep 2020 00:00:00 GMT On August 26, 2020, the Swiss Federal Council ratified a new double taxation agreement with Bahrain and a Protocol to revise its DTA with Kuwait. Full Article
co Tax-News.com: Cyprus, Russia Agree Tax Hike On Cross-Border Dividends, Interest By www.tax-news.com Published On :: Mon, 14 Sep 2020 00:00:00 GMT Russia's Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus on September 8, 2020. Full Article
co Tax-News.com: Russia's Cabinet Approves Maltese DTA Amendments By www.tax-news.com Published On :: Tue, 22 Sep 2020 00:00:00 GMT Russia's Government has approved wording for a draft Protocol that it will seek to conclude with Malta, to revise their double tax agreement to increase withholding tax rates at source for cross-border dividends and interest income. Full Article
co Tax-News.com: Switzerland To Draft New Customs Tax Act By www.tax-news.com Published On :: Wed, 16 Sep 2020 00:00:00 GMT On September 11, 2020, the Swiss Federal Council launched a consultation on proposals for the total revision of the customs system. Full Article
co Tax-News.com: Cyprus Adds To Guidance On Calculation Of NIDs By www.tax-news.com Published On :: Tue, 29 Sep 2020 00:00:00 GMT The Cyprus Tax Department has released ten-year government bond yield rates for five new territories, to support businesses in calculating claims for Cyprus's Notional Interest Deduction. The rates are for Bermuda, Denmark, Jordan, Portugal, and Switzerland. Full Article
co Tax-News.com: Switzerland No Longer Paying Interest On Early Tax Payments By www.tax-news.com Published On :: Mon, 2 Nov 2020 00:00:00 GMT In an October 15, 2020, statement, the Swiss Government announced it will not pay interest on federal taxes paid early. Full Article
co Tax-News.com: Switzerland To Overhaul Domestic Law Governing Double Tax Pacts By www.tax-news.com Published On :: Tue, 10 Nov 2020 00:00:00 GMT The Swiss Federal Council has approved proposed legislative changes to alter how the country interprets double tax agreement provisions. Full Article
co Tax-News.com: Luxembourg Details BEPS Amendments To Swiss DTA By www.tax-news.com Published On :: Mon, 30 Nov 2020 00:00:00 GMT On November 17, 2020, Luxembourg's tax authority published Circular LG – Conv. DI no. 66, outlining the changes made by the BEPS multilateral instrument (BEPS MLI) to the double tax agreement in place with Switzerland. Full Article
co Tax-News.com: Germany, Pakistan Ratify The BEPS MLI By www.tax-news.com Published On :: Tue, 22 Dec 2020 00:00:00 GMT Germany and Pakistan have deposited their instrument of ratification with the OECD to bring into force the BEPS multilateral instrument for their networks of tax treaties. Full Article
co Tax-News.com: Switzerland, Italy Agree Tax Deal For Frontier Workers By www.tax-news.com Published On :: Fri, 1 Jan 2021 00:00:00 GMT On December 23, 2020, Switzerland and Italy signed a new agreement on the taxation of cross-border commuters and an amendment to their existing double taxation agreement. Full Article
co Tax-News.com: Switzerland Eyeing Tax Regime Improvements By www.tax-news.com Published On :: Mon, 8 Feb 2021 00:00:00 GMT A group of experts assessing the Swiss tax regime has drawn up an action plan on improving Switzerland's international tax competitiveness. Full Article
co Tax-News.com: Switzerland Publishes Review Of 2021 Tax Progress By www.tax-news.com Published On :: Thu, 20 Jan 2022 00:00:00 GMT As part of its commitment to fighting cross-border tax evasion and profit shifting, Switzerland sent information on over 3m financial accounts in 2021, according to a new review of the Swiss financial center by the State Secretariat for International Financial Matters. Full Article
co Tax-News.com: Switzerland To Share Tax Data With 12 More States By www.tax-news.com Published On :: Wed, 22 Jun 2022 00:00:00 GMT At its meeting on May 18, 2022, the Swiss Federal Council approved the dispatch on the introduction of the automatic exchange of information on financial accounts (AEOI) with 12 other partner countries. Full Article
co Tax-News.com: Saudi Arabia To Treble VAT Rate To 15pc In Response To COVID-19 By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT Saudi Arabia has announced its decision to increase its headline value-added tax rate to 15 percent from five percent, in a surprise break from the Gulf Cooperation Council's harmonized value-added tax framework. Full Article
co New Mechanism for Identifying Drugs for Dengue Discovered By www.medindia.net Published On :: New mechanism for designing antiviral drugs for dengue virus has been identified. The study details are published in iProceedings of the National Academy of Sciences/i. Full Article
co New Dengue Related Biological Markers Discovered By www.medindia.net Published On :: Dengue is the most common mosquito-borne viral disease affecting humans globally. In 2019, the World Health Organization identified dengue as one of the Full Article
co COVID-19 Restrictions Reduced Nearly 750,000 Dengue Cases in 2020 By www.medindia.net Published On :: COVID-19 restrictions limited human mobility and contact, which nearly reduced 750,000 dengue cases in 2020, reveals a new study published in iLancet Infectious Diseases. Full Article
co Consult a Doctor Before Taking Medicines to Treat Dengue, Malaria or Chikungunya By www.medindia.net Published On :: Mosquito-borne diseases like dengue, malaria and chikungunya are on the rise. The months of September, October and November often see an increase in Full Article
co Bengaluru Records 4,427 Dengue Cases This Year By www.medindia.net Published On :: Karnataka Health Minister Dinesh Gundu Rao revealed that Bengaluru has recorded 4,427 medlinkdengue/medlink cases this year. He also announced the launch of a monitoring app for these cases. Full Article
co Rise in Prevalence of DEN-2 Variant Raises Concerns in Dengue Outbreaks By www.medindia.net Published On :: In Uttar Pradesh the DEN-2 variant of dengue is increasingly common among people who have tested positive for this mosquito-transmitted disease (!--ref1--). Full Article
co Combat Malaria, Dengue (and) Zika With Insecticide Paint By www.medindia.net Published On :: VESTA insecticide paint, applied to homes in vulnerable neighborhoods, kills iAedes aegypti/i mosquitos by 98% for at least a year, offering a potential Full Article
co Tax-News.com: Asia-Pac's Tax Take Dropped, Even Before COVID-19: Report By www.tax-news.com Published On :: Fri, 6 Aug 2021 00:00:00 GMT Tax revenues fell in 2019 in two-thirds of economies across Asia and the Pacific as a result of an economic slowdown prior to the COVID-19 pandemic, according to a new OECD report. Full Article
co Tax-News.com: Switzerland Publishes Review Of 2021 Tax Progress By www.tax-news.com Published On :: Thu, 20 Jan 2022 00:00:00 GMT As part of its commitment to fighting cross-border tax evasion and profit shifting, Switzerland sent information on over 3m financial accounts in 2021, according to a new review of the Swiss financial center by the State Secretariat for International Financial Matters. Full Article
co Tax-News.com: OECD Releases E-Commerce VAT Toolkit For Asia-Pac States By www.tax-news.com Published On :: Mon, 21 Mar 2022 00:00:00 GMT On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Full Article
co Tax-News.com: US IRS Announces TCJA Compliance Campaign By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT On May 1, 2020, the United States Internal Revenue Service Large Business and International Division announced a new compliance campaign focusing on the 2017 Tax Cuts and Jobs Act and the recently enacted Coronavirus Aid, Relief and Economic Security Act. Full Article
co Tax-News.com: Bill Would Exclude US Territories, Possessions From GILTI Regime By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT On May 4, 2020, a bill was introduced in the United States House of Representatives to limit the impact of the Global Intangible Low Tax Income regime on businesses based in US territories and possessions. Full Article
co Tax-News.com: US IRS Sets Out Details Of COVID-19 Tax Breaks By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT On May 7, 2020, the United States Internal Revenue Service issued a reminder to employers affected by COVID-19 about the tax credits made available to them under the Coronavirus Aid, Relief, and Economic Security Act. Full Article
co Tax-News.com: France To Press On With Digital Tax By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT French Finance Minister Bruno Le Maire has said that the Government intends to introduce a digital services tax this year. Full Article
co Tax-News.com: US House Passes COVID-19 Stimulus Bill With Tax Measures By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT On May 15, 2020, the United States House of Representatives approved the HEROES Act, which amends previous COVID-19-related stimulus legislation by changing loss carryback rules and providing further tax support for businesses and individuals. Full Article
co Tax-News.com: IRS Clarifies Tax Treaty References To NAFTA By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT On May 19, 2020, the United States Treasury Department and the Internal Revenue Service issued an Announcement which clarifies the interpretation of references in US income tax treaties to the North American Free Trade Agreement once it is replaced by the Agreement between the United States, Mexico and Canada. Full Article
co Tax-News.com: US Announces Tariffs On French Goods In Response To DST By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT The Office of the US Trade Representative has announced that the US will impose additional duties of 25 percent on imports of certain French products from next year in response to the country's decision to introduce a digital services tax. Full Article
co Tax-News.com: J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud. Full Article
co Tax-News.com: OECD Releases New Action 14 Peer Review Reports By www.tax-news.com Published On :: Fri, 31 Jul 2020 00:00:00 GMT The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. Full Article
co Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration By www.tax-news.com Published On :: Mon, 31 Aug 2020 00:00:00 GMT The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24. Full Article
co Tax-News.com: German FM Scholz Optimistic About 2020 Digital Tax Consensus By www.tax-news.com Published On :: Mon, 31 Aug 2020 00:00:00 GMT German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. Full Article
co Tax-News.com: Cyprus, US To Begin Exchanging CbC Reports By www.tax-news.com Published On :: Tue, 22 Sep 2020 00:00:00 GMT Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020. Full Article
co Tax-News.com: France To Collect Its Digital Services Tax This Year By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. Full Article
co Tax-News.com: BVI Rules Out New Taxes In 2021 Budget By www.tax-news.com Published On :: Tue, 17 Nov 2020 00:00:00 GMT The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. Full Article
co Tax-News.com: US IRS Reminds Of FBAR Filing Obligation By www.tax-news.com Published On :: Thu, 15 Apr 2021 00:00:00 GMT The Internal Revenue Service is reminding US citizens, resident aliens, and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is still April 15, 2021. Full Article
co Tax-News.com: US IRS Flags Deadline For Q2 Estimated Tax Payments By www.tax-news.com Published On :: Wed, 9 Jun 2021 00:00:00 GMT The US Internal Revenue Service has issued a reminder to taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without incurring a penalty. Full Article