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Tax-News.com: Democrats Introduce US Anti-Offshoring Bills

Three Democratic members of the United States Senate have introduced two tax bills designed to discourage US companies from shifting their operations overseas and establishing arrangements in low-tax jurisdictions.




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Tax-News.com: New Zealand Tweaking GST Rule Changes For Offshore Suppliers

New Zealand's Finance and Expenditure Committee has recommended changes to legislation that would introduce a new requirement for offshore suppliers to collect GST on low-value goods supplied to New Zealand-based consumers.




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Tax-News.com: OECD Fleshes Out Int'l Tax Reform Plans During BEPS Webcast

During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy.




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Plug-in Interface Will Soon Usher in New Generation of Compact Medical Devices

UC Davis researchers have designed a plug-in interface which will usher in the new generation of compact medical devices. "We think there is a huge




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British Lab Growing Human Body Parts: Report

Daily Mail reported that British experts are growing human body parts like nose and ears in laboratory. "This is a nose we're growing for a patient




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Government Issues Dengue Alert In Odisha

The Odisha Government has notified the Managing Director of Industrial Development Corporation Organization (IDCO), all district Collectors and industrial




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Dengue Cases on Rise in Madhya Pradesh, 277 People Test Positive for the Disease

The dengue virus kills an estimated 20,000 people each year and infects up to 100 million, suggested the World Health Organization (WHO). There is no vaccine for dengue.




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Nearly 550 Dengue Cases Reported in Himachal Pradesh, India

Nearly 550 dengue cases have been reported in Himachal Pradesh, India and especially in Bilaspur, which is Union Health Minister J.P. Nadda's hometown.




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Dengue Patients Should Defer from Donating Blood for 6-12 Months

People infected with dengue will not be allowed to donate blood for six months, as per the announcement of the Ministry of Health (MoH) and the Department




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Recent Outbreak of Dengue across Bangladesh

The current outbreak of dengue is spreading fast to the outlying districts paralleling with the people traveling from Dhaka to the different districts on the eve of Eid.




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Tax-News.com: British Columbia Announces Tax Breaks For Gas Investors

British Columbia is to offer a provincial sales tax exemption to a proposed new liquefied natural gas project.




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Tax-News.com: Canada Told To Sharpen Corporate Tax Competitiveness

The IMF has said that the recent changes to the US tax system could make Canada a less attractive destination for investment.




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Tax-News.com: Canada To Push Ahead With Carbon Tax Plans

Canada's federal Government has announced that it will impose a carbon price in Ontario, New Brunswick, Manitoba, and Saskatchewan in 2019.




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Tax-News.com: Cyprus Should Reinstate Immovable Property Tax: IMF

Cyprus should consider reinstating the immovably property tax to boost revenues, the International Monetary Fund has said.




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Tax-News.com: US Slaps 'America First' Duties On Foreign Solar Goods, Washers

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




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Tax-News.com: China 'Has Slashed Business Taxes By CNY2.5tn Since 2012'

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.




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COVID-19 Vaccine Candidate Shows Promise

A potential new vaccine against SARS-CoV-2, the new coronavirus causing the COVID-19 pandemic has been announced by University of Pittsburgh School of Medicine scientists.




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Study Sheds Light on Action of Key Tuberculosis Drug

New study has shed light on how an important front-line ethambutol drug kills the tuberculosis bacterium. The study has been conducted by University of Birmingham scientists.




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Tax-News.com: Italy Publishes Annual VAT Return In English

On March 4, 2020, the Italian tax authority published English language versions of the annual value-added tax form for 2020, together with instructions.




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Tax-News.com: Austria Publishes Digital Tax Guide

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.




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Tax-News.com: Malta To Establish Beneficial Ownership Register

Malta's Minister for Finance, Edward Scicluna, told delegates to a recent law conference at the Old University in Valletta that beneficial ownership regulations will be published in the coming weeks.




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Tax-News.com: Report Published On Role Of Malta's Tax Collection Agencies

A new report has been issued following an audit into how taxes in Malta are administered.




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Tax-News.com: Belgium Requires Rounding For Cash Payments

On December 9, 2019, the Belgian Federal Public Finance Service reminded vendors that since December 1, 2019, they are required to round off cash payments to the nearest five cents.




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Tax-News.com: Hong Kong Touts Tax Perks In Shanghai

Invest Hong Kong, Hong Kong's inward investment agency, has encouraged Mainland Chinese companies to make use of new tax incentives in Hong Kong.




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Tax-News.com: HK, France To Share Multinationals' Country-by-Country Reports

Hong Kong has newly signed an agreement with France to automatically exchange country-by-country reports filed by multinationals.




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Tax-News.com: Hong Kong Confirms Profits Tax Shakeup From April

Hong Kong has gazetted an ordinance to establish a new two-tier corporate tax regime from April 1, 2018.




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Tax-News.com: Hong Kong To Ensure ITVF Tax Break For Offshore Investors

Hong Kong's Government has published a draft law preserving the profits tax exemption for offshore venture capital funds who participate in the island's new Innovation and Technology Venture Fund.




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Tax-News.com: Switzerland To Share Taxpayer Data With Hong Kong, Singapore

Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force.




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Tax-News.com: Hong Kong Gazettes Tax Breaks For Ship Leasing

The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers.




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Tax-News.com: Switzerland Publishes VAT Guides For Sportspeople

On October 22, 2019, the Swiss Federal Finance Department uploaded a series of publications concerning the value-added tax rules for those participating in and organizing sporting events.




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Tax-News.com: Switzerland Publishes New English-Language VAT Guide

The Swiss Federal Tax Authority has released new English-language guidance for foreign businesses on their obligations under Swiss VAT law.




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Tax-News.com: Agreement Reached On New Trans-Pacific Partnership

Ministers from 11 countries have announced their agreement upon the "core elements" of a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership.




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Tax-News.com: Japan Studying How To Cushion Sales Tax Hike Impact

Japan's Chief Cabinet Secretary, Yoshihide Suga, has announced a task force will be set up to consider ways to mitigate the negative impact of the planned 2019 consumption tax rise.




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Latest Study Shows How Indians are Practicing Social Distancing to Fight the Coronavirus

Highlights : Coronavirus cases have crossed over 50,000 in India, despite being under strict lockdown Social distanc




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Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report

The UK's National Audit Office has called for a more comprehensive review of the 1,190 tax relief measures available for taxpayers, which are estimated to have cost the UK revenues worth GBP155bn (USD201.7bn) in 2018-19.




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Tax-News.com: Spain Publishes 2018 Tax Compliance Plan

The Spanish tax authority has published its annual tax and customs control plan for 2018, which details the tax compliance and enforcement measures that it intends to undertake in the coming year.




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Tax-News.com: EU To Probe Potential Abuses Of Citizenship By Investment Schemes

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states.




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Tax-News.com: New Spanish Coalition Agrees Tax Plan

The Spanish Socialist Party and the Podemos movement, which will form the next governing coalition, has released their policy document, which includes plans for a corporate minimum tax, among other tax measures.




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Tax-News.com: Isle Of Man Ship Registry's STCW Platform Praised

The implementation of a new system by the Isle of Man Ship Registry for processing online applications for Standards of Training, Certification, and Watchkeeping for Seafarers endorsements has been hailed a great success by its clients.




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Tax-News.com: International Support For Beneficial Ownership Info Exchange

More than 20 jurisdictions have signed up to a pilot project to exchange data held on beneficial ownership registers and registers of trusts, according to UK Chancellor George Osborne.




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Tax-News.com: Australia To Improve Division 7A Tax Rules For Shareholders

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.




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Tax-News.com: Apple's Irish Tax Ruling Appeal Gets Underway

The Irish Government is arguing that favorable tax treatment was not granted to Apple under two rulings deemed by the EU to have constituted illegal state aid to the company.




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Tax-News.com: Irish Tax Investigations Typically Last Almost A Year

Ireland's Comptroller and Auditor General has released a new report on the Irish Revenue's compliance activities during 2018, and its efforts to improve how it interacts with taxpayers since a review in 2012.




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Tax-News.com: Ireland Publishes 2019 Finance Bill

The Irish Government has published its 2019 Finance Bill, which introduces changes to a number of SME-targeted tax incentives and implements a range of measures announced in this month's Budget.




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Tax-News.com: EU States Shut Down Plans For Public CbC Reporting

EU member states have been unable to reach an agreement on proposals to release to the public information on multinational enterprises' tax affairs.




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Tax-News.com: Irish Taxpayers Must Renew 2014 Tax Rulings

Companies with a tax ruling dating from 2014 from the Irish Revenue have been encouraged to renew these before they expire.




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Tax-News.com: Irish Gov't Pledges Individual Tax Cuts, No Digital Tax

Ireland's governing party Fine Gael has published its election manifesto, which includes proposals to reduce the income tax burden and reform the taxation of SMEs.




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Tax-News.com: Ireland Announces Help For SMEs With Cash-Flow Issues

The Irish Revenue has issued advice on the steps it is taking to help SMEs experiencing cashflow and trading difficulties arising from the impact of the coronavirus.




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Tax-News.com: UK To Close Property Developer Offshore Tax Loophole

The United Kingdom has legislated to stop property developers from using offshore structures in the Crown Dependencies to avoid UK tax on profits.




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Tax-News.com: UK, Netherlands Biggest 'Conduits' For Offshore Investment

Researchers at the University of Amsterdam have looked at how corporations make use of particular countries and jurisdictions to minimize their tax liabilities.