ac Tax-News.com: Malta Backs EU Crackdown On Aggressive Tax Planning By www.tax-news.com Published On :: Tue, 20 Mar 2018 00:00:00 GMT Malta has reiterated its commitment to fighting aggressive tax planning, joining other EU member states who have unanimously agreed to amend the EU's tax information sharing law, the Directive on Administrative Cooperation. Full Article
ac Tax-News.com: Malta Updates Guidelines On Automatic Exchange Of Account Info By www.tax-news.com Published On :: Wed, 8 Jan 2020 00:00:00 GMT Malta's Commissioner for Revenue on January 2, 2020, issued a single set of guidelines on the automatic exchange of financial account information. Full Article
ac Tax-News.com: OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017 By www.tax-news.com Published On :: Fri, 7 Dec 2018 00:00:00 GMT Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Full Article
ac 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
ac 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
ac Tax-News.com: OECD Releases Action 14 Peer Reviews For Six States By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT The OECD on August 13, 2019, released follow-up reports for Belgium, Canada, the Netherlands, Switzerland, the United Kingdom, and the United States on their efforts to implement BEPS recommendations on dispute resolution. Full Article
ac 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
ac 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
ac 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
ac 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
ac Tax-News.com: Belgium Waiving VAT On COVID-19-Related Activities By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT On March 24, 2020, the Belgian tax authority announced value-added tax will not be levied on medical equipment donated to hospitals and healthcare facilities. Full Article
ac Tax-News.com: Hong Kong To Soon Join OECD's Multilateral Tax Compact By www.tax-news.com Published On :: Fri, 2 Feb 2018 00:00:00 GMT Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities. Full Article
ac Tax-News.com: HK Government Studying Vacant Property Tax By www.tax-news.com Published On :: Fri, 11 May 2018 00:00:00 GMT Hong Kong's Government says it is studying the feasibility of introducing a tax on vacant "first-hand" private residential properties. Full Article
ac Tax-News.com: OECD Releases Eight New Action 14 Peer Reviews By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Full Article
ac Tax-News.com: EU Updates Tax Blacklist By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation. Full Article
ac Tax-News.com: Switzerland To Amend Withholding Tax Act By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The Swiss Federal Council has launched a consultation on proposals to close what it says is a loophole in the withholding tax system, in a bid to strengthen the country's debt market. Full Article
ac Tax-News.com: EU Removes Jurisdictions From Tax Blacklist By www.tax-news.com Published On :: Tue, 23 Jan 2018 00:00:00 GMT The EU has announced the removal of eight jurisdictions from its tax blacklist. Full Article
ac Tax-News.com: UAE Clarifies Tax Rules For Contracts Agreed Prior To VAT By www.tax-news.com Published On :: Tue, 6 Mar 2018 00:00:00 GMT The UAE's Federal Tax Authority has issued guidance on whether a supplier or consumer is liable for VAT on goods or services for contracts negotiated before VAT was introduced. Full Article
ac Tax-News.com: EU Makes Changes To Tax Blacklist By www.tax-news.com Published On :: Wed, 14 Mar 2018 00:00:00 GMT The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three. Full Article
ac 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
ac Tax-News.com: EU Removes Bahamas, Saint Kitts From Tax Blacklist By www.tax-news.com Published On :: Mon, 4 Jun 2018 00:00:00 GMT The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions. Full Article
ac Tax-News.com: Oman Says VAT Not On The Backburner By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay. Full Article
ac Tax-News.com: EU Updates Tax Blacklist By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation. Full Article
ac Tax-News.com: OECD Inviting Input On BEPS Action 14 Peer Reviews By www.tax-news.com Published On :: Tue, 28 Nov 2017 00:00:00 GMT The OECD is seeking taxpayers' input on the mutual agreement procedure frameworks in place in the fourth batch of countries that will now be peer reviewed under the base erosion and profit shifting project: Australia, Ireland, Israel, Japan, Malta, Mexico, New Zealand, and Portugal. Full Article
ac 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
ac Tax-News.com: Agreement Reached On New Trans-Pacific Partnership By www.tax-news.com Published On :: Wed, 24 Jan 2018 00:00:00 GMT Ministers from 11 countries have announced their agreement upon the "core elements" of a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Full Article
ac Tax-News.com: Japan's 2018 Tax Reform Package Now Law By www.tax-news.com Published On :: Fri, 6 Apr 2018 00:00:00 GMT Following its passage through Japan's parliament, the Diet, measures in Japan's 2018 tax reform package became law on April 1, 2018. Full Article
ac Tax-News.com: Japan Studying How To Cushion Sales Tax Hike Impact By www.tax-news.com Published On :: Tue, 17 Apr 2018 00:00:00 GMT 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. Full Article
ac Overeating - Not Lack of Exercise - Could be the Root Cause of Obesity By www.medindia.net Published On :: Highlights: Eating too much - not exercising too little - is at the root of obesity It is also responsible Full Article
ac Abdominal Obesity Could Up Risk of Recurrent Heart Attacks By www.medindia.net Published On :: Highlights: Excessive belly fat could increase the risk of recurrent heart attacks and strokes Occurs due to Full Article
ac 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
ac Personalized Cancer Vaccines Could Soon be a Reality By www.medindia.net Published On :: Highlights: Personalized therapeutic cancer vaccines are likely to be available soon A new type of deli Full Article
ac Gut Bacteria can Secrete Carcinogen: Study By www.medindia.net Published On :: Highlights: A common intestinal bacterium has been identified that secretes a carcinogen The carcinogen produ Full Article
ac 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
ac Latest Study Shows How Indians are Practicing Social Distancing to Fight the Coronavirus By www.medindia.net Published On :: Highlights : Coronavirus cases have crossed over 50,000 in India, despite being under strict lockdown Social distanc Full Article
ac Tax-News.com: OECD Releases Action 14 Peer Reviews For Six States By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT The OECD on August 13, 2019, released follow-up reports for Belgium, Canada, the Netherlands, Switzerland, the United Kingdom, and the United States on their efforts to implement BEPS recommendations on dispute resolution. Full Article
ac 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
ac Tax-News.com: Switzerland To Amend Withholding Tax Act By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The Swiss Federal Council has launched a consultation on proposals to close what it says is a loophole in the withholding tax system, in a bid to strengthen the country's debt market. Full Article
ac Tax-News.com: Tax Extenders Passed In US Spending Package By www.tax-news.com Published On :: Mon, 23 Dec 2019 00:00:00 GMT On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms. Full Article
ac Tax-News.com: EU Adds Cayman Isles, Panama, Seychelles To Tax Blacklist By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8. Full Article
ac Tax-News.com: US Senate Passes 'Phase Three' COVID-19 Aid Package By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT On March 25, 2020, the United States Senate overwhelmingly approved the Coronavirus Aid, Relief, and Economic Security Act, which represents the third package of financial aid measures to businesses and individuals affected by the coronavirus crisis and which includes numerous tax provisions to support businesses. Full Article
ac Tax-News.com: Tax Agencies To Discuss TP Proactively With Willing MNEs By www.tax-news.com Published On :: Wed, 7 Feb 2018 00:00:00 GMT The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing affairs. Full Article
ac Tax-News.com: EU Takes Action Against Spain Over Rules On Reporting Of Assets By www.tax-news.com Published On :: Thu, 13 Jun 2019 00:00:00 GMT The European Commission is taking Spain to the Court of Justice over the imposition of "disproportionate" sanctions for failure to report assets held abroad. Full Article
ac Tax-News.com: US Senate Approves Changes To Four Double Tax Pacts By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT The United States Senate has approved protocols to four existing bilateral double tax avoidance treaties that have been pending in the chamber for as much as a decade. Full Article
ac Tax-News.com: Only Tax-Compliant Firms To Be Allowed Australian Gov't Contracts By www.tax-news.com Published On :: Fri, 23 Nov 2018 00:00:00 GMT Australia is to require businesses seeking to tender for significant federal government procurement contracts to demonstrate their record of tax compliance. Full Article
ac Tax-News.com: Australian Regulator Flags Important Accounting Standard Changes By www.tax-news.com Published On :: Fri, 7 Dec 2018 00:00:00 GMT The Australian Securities and Investments Commission has highlighted the significant impact that recent accounting standard changes will have for financial reports that must be prepared for the year to December 31, 2018, and second quarter reports. Full Article
ac Tax-News.com: NZ Accountants Welcome Tax Reform Decisions By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT Chartered Accountants Australia and New Zealand (CA ANZ) has given a guarded welcome to the New Zealand Government's response to the recommendations of the Tax Working Group. Full Article
ac Tax-News.com: OECD Says Pace Of Global Tax Reform Has Slowed By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges. Full Article
ac Tax-News.com: J5 Reviews Work To Tackle Cross-Border Tax Crimes By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT On February 19, 2020, the United States Internal Revenue Service announced that the leaders of the Joint Chiefs of Global Tax Enforcement recently gathered in Sydney, Australia, to review their work and to set priorities for the years ahead. Full Article
ac Tax-News.com: Apple Fires Back At Tax Avoidance Accusations By www.tax-news.com Published On :: Wed, 8 Nov 2017 00:00:00 GMT Apple, the world's largest taxpayer, has released a statement seeking to debunk claims in media about its tax payments around the world, following coverage in recent days about it seeking tax mitigation arrangements in Jersey due to international tax changes in Ireland affecting its existing tax arrangements. Full Article