nc Tax-News.com: Exporters Urge Int'l Reform To Simplify VAT Compliance By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization. Full Article
nc Tax-News.com: France To Introduce VAT Requirements For Online Marketplaces By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT On September 23, 2019, the French Government outlined a number of measures that will be included in the 2020 Finance Law to ensure the payment of value-added tax on items bought by French residents from online marketplaces. Full Article
nc Tax-News.com: US Considers Retaliation Against French Digital Services Tax By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT The United States may impose additional duties of up to 100 percent on certain French products in retaliation for France's digital services tax, which a newly published report by the US Trade Representative has concluded discriminates against certain US companies. Full Article
nc Tax-News.com: USTR Holds Public Hearing On French Digital Tax By www.tax-news.com Published On :: Wed, 8 Jan 2020 00:00:00 GMT On January 6, 2020, the United States Trade Representative (USTR) announced that an on-the-record but off-camera public hearing would be held on January 7 on proposed action against France's digital services tax (DST). Full Article
nc Tax-News.com: IRS Launches Gig Economy Tax Center By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information. Full Article
nc Tax-News.com: Turkey Issues Draft Guidance On Digital Services Tax By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The Turkish tax authority has published a draft communique on the application of the digital sales tax, which is set to come into effect on March 1, 2020. Full Article
nc Tax-News.com: France Confirms Postponement Of DST Payments By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT France's Directorate General of Public Finance confirmed in a statement issued on February 10, 2020, that companies liable for the country's digital services tax can delay payment of upcoming installments of the tax until December 2020. Full Article
nc Tax-News.com: EU Finance Ministers Issue Joint Statement On Digital Taxation By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020. Full Article
nc Tax-News.com: Malta Launches Tax Breaks For Pension Contributions By www.tax-news.com Published On :: Mon, 11 Sep 2017 00:00:00 GMT Malta's Minister for Finance, Edward Scicluna, recently announced the launch of a number of fiscal incentives, which are intended to boost the take-up of voluntary private pensions. Full Article
nc Tax-News.com: Malta Levels Tax On Debt, Equity Financing By www.tax-news.com Published On :: Tue, 17 Oct 2017 00:00:00 GMT Malta has enacted rules removing the bias in favor of debt financing by creating a notional interest deduction for equity financing. Full Article
nc Tax-News.com: Report Published On Role Of Malta's Tax Collection Agencies By www.tax-news.com Published On :: Wed, 20 Dec 2017 00:00:00 GMT A new report has been issued following an audit into how taxes in Malta are administered. Full Article
nc Tax-News.com: EU's Tax Blacklist Lacks Legitimacy Without Transparency: MEPs By www.tax-news.com Published On :: Thu, 25 Jan 2018 00:00:00 GMT Greens/EFA members of the European Parliament have called on the EU Code of Conduct Group to be more transparent about the criteria it used to create the EU's new blacklist of non-cooperative territories and how it will manage it going forward. Full Article
nc Tax-News.com: EU Challenges Yacht VAT Avoidance In Three States By www.tax-news.com Published On :: Thu, 8 Mar 2018 00:00:00 GMT The European Commission has sent letters of formal notice to Cyprus, Greece, and Malta for not levying the correct amount of value-added tax on yachts. Full Article
nc Tax-News.com: Advance Pricing Agreements 'At Record High' In EU By www.tax-news.com Published On :: Mon, 19 Mar 2018 00:00:00 GMT The number of advance pricing agreements between EU member states and companies rose by 64 percent from 2015 to 2016, according to research by Eurodad. Full Article
nc Tax-News.com: Maltese Tax Agency Rejecting Foreign Bank Drafts, Checks By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT On February 20, 2020, Malta's Commissioner for Revenue said tax payments by bank draft or check issued by foreign banks will no longer be accepted. Full Article
nc Tax-News.com: Belgium Begins Accepting Personal Income Tax Returns By www.tax-news.com Published On :: Fri, 10 May 2019 00:00:00 GMT On May 2, 2019, Belgium's finance ministry confirmed that the Tax-on-web portal has been opened for personal and corporate income tax returns for the 2019 fiscal year. Full Article
nc Tax-News.com: Tax Agencies Meet To Discuss Use Of Big Data Analysis By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Full Article
nc Tax-News.com: Nine EU Finance Ministers Call For Green Tax On Aviation By www.tax-news.com Published On :: Tue, 26 Nov 2019 00:00:00 GMT Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax. Full Article
nc Tax-News.com: Germany Presents Text For EU Financial Transactions Tax By www.tax-news.com Published On :: Mon, 16 Dec 2019 00:00:00 GMT German Finance Minister Olaf Scholz has presented a final proposal for a European Union financial transactions tax to the 10 member states participating in the initiative. Full Article
nc Tax-News.com: EU Financial Transactions Tax Agreement Close, Says Scholz By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT German Finance Minister Olaf Scholz has said he is confident that an agreement can be reached on a European Union financial transactions tax. Full Article
nc Tax-News.com: Many EU States Tardy In Adopting Anti-Tax Avoidance Directives By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT On January 24, 2020, the European Commission issued formal notices to numerous European Union member states with regards to lapses in the implementation of various EU anti-tax avoidance directives. Full Article
nc Tax-News.com: Austria Rejects German Financial Transactions Tax Plan By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT Austrian Chancellor Sebastian Kurz has said that Austria does not agree with new German proposals for a European financial transactions tax. Full Article
nc Tax-News.com: Austria May Pull Out Of European Financial Transactions Tax Talks By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria. Full Article
nc Tax-News.com: Belgium Announces COVID-19 Tax Measures By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT On April 3, 2020, the Belgian tax authority announced an increase in the credit available for timely advance tax payments to provide businesses and the self-employed a liquidity boost amid the COVID-19 crisis. Full Article
nc Tax-News.com: HK, France To Share Multinationals' Country-by-Country Reports By www.tax-news.com Published On :: Tue, 16 Jan 2018 00:00:00 GMT Hong Kong has newly signed an agreement with France to automatically exchange country-by-country reports filed by multinationals. Full Article
nc Tax-News.com: IMF Encourages Hong Kong To Consider Tax Reforms By www.tax-news.com Published On :: Thu, 25 Jan 2018 00:00:00 GMT The International Monetary Fund has urged Hong Kong to consider tax reform options to boost revenues while maintaining the economy's competitiveness and flexibility. Full Article
nc Tax-News.com: Hong Kong Launches CbC Reporting Portal By www.tax-news.com Published On :: Tue, 6 Mar 2018 00:00:00 GMT Hong Kong's Inland Revenue Department on March 5 launched its new Country-by-Country Reporting Portal. Full Article
nc Tax-News.com: Hong Kong Issues Tax Compliance Guide For Property Owners By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT On June 14, 2018, Hong Kong's Inland Revenue Department released guidance on the tax obligations of landlords. Full Article
nc Tax-News.com: Hong Kong Issues New Guidance On Foreign Tax Credits By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT Hong Kong's Inland Revenue Department has released new guidance notes on the deduction of foreign taxes. Full Article
nc Tax-News.com: Hong Kong Announces Tax Credit Handout In 2020 Budget By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. Full Article
nc Tax-News.com: Hong Kong Releases New Guidance On Advance Rulings By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan. Full Article
nc Tax-News.com: Swiss Tax Transparency Changes Enter Into Force By www.tax-news.com Published On :: Fri, 8 Nov 2019 00:00:00 GMT The Swiss Government has published guidance on the legislation that brings into force the recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
nc Tax-News.com: France And US Seek End To Digital Tax Dispute By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France's new digital services tax. Full Article
nc Tax-News.com: France Confirms Digital Tax Delay By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT On January 22, 2020, French Finance Minister Bruno Le Maire confirmed that France will suspend collection of its digital services tax this year to prevent the United States from applying retaliatory tariffs on a range of French goods. Full Article
nc Tax-News.com: Switzerland Announces COVID-19 Plan To Scrap Interest On Tax Arrears By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT The Swiss Government has announced that it will waive interest on late payments of tax, to allow companies to delay their tax payments. Full Article
nc 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
nc Tax-News.com: Switzerland Has Improved Adherence With Tax Transparency Standards By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The OECD's Global Forum has found Switzerland largely compliant with the international standards on transparency and the exchange of information upon request. Full Article
nc Tax-News.com: UAE VAT Authority Addresses Compliance Matters By www.tax-news.com Published On :: Wed, 31 Jan 2018 00:00:00 GMT The UAE's Federal Tax Authority has newly launched a number of VAT compliance tools and further confirmed how the value-added tax regime, introduced at the start of the year, should operate. Full Article
nc Tax-News.com: UAE Issues Guidance Ahead Of VAT Filing Deadline By www.tax-news.com Published On :: Thu, 15 Feb 2018 00:00:00 GMT Businesses registered for the United Arab Emirates's value-added tax need to complete a four-step online procedure to file their tax returns, the Federal Tax Authority has said. Full Article
nc Tax-News.com: EU Announces Sanctions For 'Blacklisted' Countries By www.tax-news.com Published On :: Thu, 22 Mar 2018 00:00:00 GMT The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions. Full Article
nc Tax-News.com: UAE Issues Guidance On Reclaiming VAT On New House Builds By www.tax-news.com Published On :: Tue, 22 May 2018 00:00:00 GMT The United Arab Emirates' Federal Tax Authority has issued guidance on obtaining refunds of value-added tax on new homes. Full Article
nc Tax-News.com: UAE Introduces CbC Reporting, Economic Substance Rules By www.tax-news.com Published On :: Tue, 16 Jul 2019 00:00:00 GMT The UAE has recently passed legislation to introduce new country-by-country reporting requirements and new economic substance requirements. Full Article
nc Tax-News.com: UAE To Refund VAT Incurred On House Construction Works By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home. Full Article
nc Tax-News.com: Ireland-Chile Double Tax Pact Enhanced By www.tax-news.com Published On :: Tue, 12 Dec 2017 00:00:00 GMT In an e-brief issued on December 12, 2017, the Irish tax agency announced that maximum withholding tax rates on cross-border passive income have been lowered under the Ireland-Chile double tax agreement. Full Article
nc Tax-News.com: IRS Reports Uptick In Advance Pricing Agreements By www.tax-news.com Published On :: Fri, 6 Apr 2018 00:00:00 GMT The US Internal Revenue Services has released its annual report on the number of advance pricing agreements and applications and made during the 2017 calendar year. Full Article
nc Good Sleep Patterns Reduce Heart Disease Risk Despite Genetic Influences By www.medindia.net Published On :: Highlights: Healthy sleep patterns can reduce the risk of cardiovascular diseases (CVD) These sleep pat Full Article
nc Zika Virus Could Help Treat Brain Cancer: Here's How By www.medindia.net Published On :: Highlights: Zika virus can specifically kill brain cancer cells, without harming normal cells It Full Article
nc Healthy Lifestyle Increases Life Expectancy By www.medindia.net Published On :: Highlights: Leading a healthy lifestyle could prolong the lifespan of men and women It could also Full Article
nc New Cancer Treatment can Hide Boron Inside Cancer Cells During Radiotherapy By www.medindia.net Published On :: Highlights: Boron can now be retained within cancer cells using a novel method Trapping boron within ca Full Article
nc Bacteria Present in House Dust Can Spread Antibiotic Resistance By www.medindia.net Published On :: Highlights: Bacteria living in household dust particles have been detected These are capable of transmitting Full Article