po 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
po 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
po 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
po WHO Trial Assesses 4 Most Potential Drugs to Fight COVID-19 By www.medindia.net Published On :: WHO has announced a global trial named 'SOLIDARITY' to identify if any drug can treat infection caused by the novel coronavirus (COVID-19). The trial, Full Article
po Chloroquine Poisoning Reported in Three Nigerians By www.medindia.net Published On :: The government of Nigeria has issued a warning over the use of chloroquine to treat COVID-19, after three people got overdosed, and hospitalized due to poisoning. Full Article
po Two Existing Drugs Hold Potential to Treat COVID-19 By www.medindia.net Published On :: Using repurposed drugs to treat COVID-19 would greatly reduce the time needed to gain FDA approval again. Details of the research on two repurposed drugs Full Article
po 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
po 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
po 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
po 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
po Tax-News.com: Warren Announces US Corporate Tax And Wealth Tax Plans By www.tax-news.com Published On :: Fri, 8 Nov 2019 00:00:00 GMT On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. Full Article
po Tax-News.com: Slovenian Lawmakers Approve Corporate Minimum Tax Plan By www.tax-news.com Published On :: Fri, 15 Nov 2019 00:00:00 GMT On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes. Full Article
po Tax-News.com: OECD To Report On Potential Impact Of Its New Digital Tax Rules By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT The OECD is to host a webcast on February 13, 2020, to present its analysis of the potential impact of its proposals for international tax reform to address the tax challenges arising from the digitalization of the economy. Full Article
po Tax-News.com: New Zealand Proposing GST Exemption For Crypto-Assets By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime. Full Article
po Tax-News.com: USTR Stages Hearing On French Digital Tax Response By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT On August 19, 2019, the Office of the United States Trade Representative held an off-camera public hearing on France's recently introduced digital services tax, attended by three major technology firms. Full Article
po 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
po Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts. Full Article
po 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
po Tax-News.com: EU Green Lights E-Commerce Transaction Reporting Rules By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The European Council has approved new rules for the exchange of VAT payment data relating to cross-border e-commerce transactions. Full Article
po 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
po Tax-News.com: Bermuda Lists CbC Report Exchange Partners By www.tax-news.com Published On :: Wed, 7 Feb 2018 00:00:00 GMT The Bermuda Government on January 31, 2018, updated the lists of the countries with which it will exchange country-by-country reports filed in Bermuda in 2018 and in 2019. Full Article
po Tax-News.com: OECD Consults On Tackling Common Reporting Standard Circumvention By www.tax-news.com Published On :: Wed, 28 Feb 2018 00:00:00 GMT The OECD has recently launched a consultation on tackling the circumvention of its latest international tax transparency standard, the Common Reporting Standard, through the use by individuals of residency by investment (RBI), or citizenship by investment (CBI) schemes. Full Article
po Tax-News.com: Malta Defers Electronic Corporate Tax Return Filing Deadlines By www.tax-news.com Published On :: Mon, 15 Apr 2019 00:00:00 GMT Malta's Commissioner for Revenue recently announced electronic filing deadline extensions for corporate income tax returns. Full Article
po Tax-News.com: Belgium Accepting Amendments To Filed CbC Reports By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT Belgium's tax agency has announced that its MyMinfin portal is now open for multinational taxpayers seeking to correct errors in filed country-by-country reports. Full Article
po Tax-News.com: IMF Proposes Reforms For Belgium By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country. Full Article
po Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis. Full Article
po Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones By www.tax-news.com Published On :: Wed, 10 Jan 2018 00:00:00 GMT During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area. Full Article
po 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
po 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
po Tax-News.com: OECD Reports Progress On Harmful Tax Regimes Work By www.tax-news.com Published On :: Fri, 23 Nov 2018 00:00:00 GMT Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Full Article
po Tax-News.com: Switzerland To Share Taxpayer Data With Hong Kong, Singapore By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force. Full Article
po Tax-News.com: Swiss CbC Reporting Regime Wins OECD Approval By www.tax-news.com Published On :: Fri, 13 Sep 2019 00:00:00 GMT Switzerland's country-by-country reporting regime meets international standards and the country effectively exchanges the reports it receives with other countries, an OECD peer review has concluded. Full Article
po Tax-News.com: Switzerland Publishes VAT Guides For Sportspeople By www.tax-news.com Published On :: Mon, 28 Oct 2019 00:00:00 GMT 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. Full Article
po Tax-News.com: Swiss Tax Disputes Resolved Quickly In 2018: Report By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT Switzerland has released a report on its efforts to resolve tax disputes, noting that the average time to complete mutual agreement procedure cases was 13 months in 2018, significantly below that required under the BEPS minimum standards. Full Article
po Tax-News.com: Switzerland To Overhaul Corporate Tax Rules On January 1 By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT Switzerland is due to introduce its new corporate tax regime from the beginning of 2020. Full Article
po Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019 By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well. Full Article
po 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
po Tax-News.com: Japan Planning Targeted Corporate Tax Relief By www.tax-news.com Published On :: Thu, 14 Dec 2017 00:00:00 GMT Japan's ruling Liberal Democrat Party has approved a tax reform package that will cut corporate rates for companies who increase employee wages. Full Article
po Tax-News.com: Australian Exporters Making The Most Of FTAs By www.tax-news.com Published On :: Thu, 1 Mar 2018 00:00:00 GMT Australia's free trade agreements are being widely used by Australian businesses, according to a new report commissioned by the Government. Full Article
po 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
po Tax-News.com: Korea To Ease Tax Rules For Exporters To Japan By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT South Korea's Government has announced that it will provide tax relief to small and medium size businesses that have been affected by Japan's decision to remove 159 South Korea products from its export "white list." Full Article
po Telehealth Well Positioned to Tackle and Contain COVID-19 Outbreak By www.medindia.net Published On :: Highlights: The current global crisis with COVID-19 infection provides telehealth the ideal opport Full Article
po Tax-News.com: Brexit: UK Rolls Out Transitional Simplified Procedures For Importers By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures, allowing most UK traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on October 31, 2019. Full Article
po Tax-News.com: UK Prime Minister Cancels Corporate Tax Cut By www.tax-news.com Published On :: Tue, 26 Nov 2019 00:00:00 GMT UK Prime Minister Boris Johnson has announced that his party intends to cancel a planned cut to the corporate tax rate, which was scheduled for April 2020. Full Article
po Tax-News.com: UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum By www.tax-news.com Published On :: Tue, 26 Nov 2019 00:00:00 GMT The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21. Full Article
po Tax-News.com: German Businesses Call For 25pc Corporate Tax Rate By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT The Federal Association of German Industry, the BDI, has urged the German government to forge ahead with corporate tax reforms, warning that Germany's corporate tax regime is becoming increasingly out of step with the country's competitors. Full Article
po Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT 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. Full Article
po Tax-News.com: Malta Defers Tax Payment Deadlines In Response To COVID-19 By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT In response to the coronavirus outbreak, the Maltese Government has announced deferrals for the payment of a number of taxes. Full Article
po Tax-News.com: New Zealand Enacts COVID-19 Support Bill By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT New Zealand has enacted The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill to support businesses and individuals cope with the COVID-19 outbreak. Full Article
po Tax-News.com: US Agrees To Exchange CbC Reports With Spain By www.tax-news.com Published On :: Thu, 28 Dec 2017 00:00:00 GMT In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports. Full Article