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Tax-News.com: Singapore Issues GST Form Instructions For Reverse Charge Supplies

The Inland Revenue Authority of Singapore (IRAS) has released new guidance for GST-registered persons on the completion of new boxes in the GST F5 return from next year.




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Tax-News.com: Singapore Announces Plans For GST Reforms

Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies.




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Tax-News.com: Malaysia Announces Palm Oil Export Tax Rate For Sept

Malaysia has decided to keep the crude palm oil export duty at 5.5 percent next month, despite higher Indian taxes on imports, which are expected to dent demand.




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Tax-News.com: Malaysia To Legislate To Slap GST On Foreign Retailers

Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers.




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Coronavirus outbreak propels pharma funds forward; should you invest?

Experts believe there was already a visible turnaround in the pharma sector, both on the domestic as well as on the exports side even before any traces of COVID-19




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Will RBI's Rs 50,000 crore boost for mutual funds allay investors' fears?

Besides lending against securities held by MFs, banks have been allowed by the RBI to do outright purchase of more than 25 per cent of Hold Till Maturity (HTM) securities in mutual funds portfolios in the absence of liquidity in the secondary market




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5 takeaways for Indian investors from Warren Buffett's Berkshire AGM

The lesson here is don't marry your stocks. If your original investment thesis fails, you shouldn't shy away from exiting your positions




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Tax-News.com: OECD Releases Mining Sector BEPS Guidance For Developing States

The OECD and the Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development have finalized three practice notes intended to support resource-rich developing countries to protect their tax bases from erosion and profit shifting.




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Tax-News.com: FASB Issues New Accounting Rules For Audiovisual Content Producers

On March 6, 2019, the Financial Accounting Standards Board issued an Accounting Standards Update that is intended to help organizations align their accounting for production costs for films and episodic content produced for television and streaming services.




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Tax-News.com: Finnish Budget For 2020 Agreed

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals.




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Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.




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Tax-News.com: IMF Proposes Reforms For Belgium

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.




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Tax-News.com: BEPS Project Has Triggered Near-Global Tax Reform: OECD

The OECD has committed to providing proposals to fix the taxation of the digital economy by 2020, in an update to G20 leaders on international efforts to mitigate base erosion and profit shifting (BEPS).




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Tax-News.com: UK Announces Digital Tax, Corporate Tax Reforms In New Budget

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses.




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Tax-News.com: Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises.




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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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Tax-News.com: IRS's New Enforcement Initiatives Are Aimed At Individuals

On July 19, 2019, the United States Internal Revenue Service Large Business and International Division announced six additional compliance campaigns.




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Tax-News.com: Deadlines For Colombian Tax Amnesties This Month

Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties.




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Tax-News.com: Overseas Suppliers To NZ Urged To Register For GST

New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline.




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Researchers Use GPS, PDAs For Malaria Prevention in Africa, Study Says

CDC researchers have developed new tools using GPS technology and PDAs to help prevent the spread of malaria in Africa, according to a study published




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Disposable and Affordable E-readers on the Anvil

Researchers from The University of Cincinnati are working on the development of affordable and disposable e-readers. The research by Andrew




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ICU Misdiagnoses may Account for as Many Annual Deaths as Breast Cancer: Johns Hopkins Team

According to a recent study, each year as many as 40,500 critically ill U.S. hospital patients die with an unknown medical condition that may have caused or contributed to their death.




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Program of Protected Time for Sleep Improves Morning Alertness for Medical Interns: Study

A study to determine whether a protected sleep period of 5 hours is feasible and effective in increasing the time slept by interns on extended duty overnight shifts was conducted by Kevin G.




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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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8 In 10 Indonesian Children At Risk For Dengue

Indonesia has one of the highest burdens of dengue fever, in the world. Dengue fever has infected over half of all children in urban areas by the age of 5.




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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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Possible New Therapeutic Strategy for Severe Dengue Disease

Nafamostat mesylate, a tryptase inhibitor, can treat severe dengue disease, according to the team of researchers from Duke-NUS Medical School. The




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New Stem Cell Treatment For Myocardial Infarction

Highights: Mussels help in treating myocardial infarction (MI) A protein from mussels and stem cells help t




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Physical Activity Beneficial for Mental Well-Being in Postmenopausal Women

Highlights: Physical activity helps reduce depressive symptoms in postmenopausal women Postmenopausal w




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Iron-Biofortified Beans Improve Health of Anemic Women

Highlights: A diet of high-iron beans could improve the health of anemic women Currently, iron-biofortified




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Mapping Health Risks for People With Mental Disorders: Study

Highlights: People with mental disorders are more likely to develop other health conditions Mapping the




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Is It Safe to Have a Second IVF Baby After Fertility Treatment for the First?

Highlights: Women can successfully have a second in vitro fertilisation (IVF)baby IVF is also known as assi




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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: Ontario Withdraws Support For Canadian Carbon Taxes

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3.




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Tax-News.com: Canada Revenue Agency To Improve Digital Platform

The Canada Revenue Agency is to collaborate with an association of tax preparation and software firms to improve the digital services it provides to taxpayers.




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Tax-News.com: Canada To Legislate For Budget Tax Reforms

The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget.




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Tax-News.com: Tax 'Lost' In Panama Papers Worth Up To EUR237bn For EU

The total loss to EU member states from the schemes revealed in the Panama Papers could be in the region of between EUR109bn (USD119bn) to EUR237bn, according to a new study commissioned by the European Parliament's PANA committee.




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Tax-News.com: Cyprus Opens New Tax Amnesty For Past Tax Dues

Cyprus's Tax Department has released details of a tax amnesty, which entered into force on July 3, 2017.




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Tax-News.com: Cyprus Extends Deadline For CbC Reporting Entity Notification

The Cypriot tax authority has extended until January 15, 2018, the deadline for multinational corporations to submit their notifications concerning country-by-country reporting for 2017. The deadline had been December 31.




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Tax-News.com: EU Reports On States' Tax Reforms In 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year.




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Tax-News.com: India Mulling Tax On Foreign Solar Products

India is proposing to levy a safeguard duty of 70 percent on imports of solar-power equipment from China and Malaysia.




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Tax-News.com: French Workers In 'Third Countries' Liable For Social Security

Income from assets of French nationals who work in a state other than a member state of the EU, the European Economic Area or Switzerland may be subject to French social security contributions, the European Court of Justice has ruled.




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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 Sets Out How To Determine Beneficial Owner For Treaties

On February 3, 2018, China's State Administration of Taxation set out new rules on the disallowance of tax treaty benefits where an entity fails to demonstrate it is the beneficial owner of Chinese assets from which passive income is derived.




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Tax-News.com: China Will Open Up To Foreign Investment, Lower Import Tariffs

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.




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Tax-News.com: UK Updates VAT Guidance For Online Marketplaces

HM Revenue and Customs has updated its value-added tax guidance for online marketplaces and for suppliers using them to sell to UK consumers.




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Tax-News.com: First Deadline For Chinese Environmental Tax Approaching

The first returns under China's new environmental tax are due online by April 1, 2018.




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Tax-News.com: Macau To Sign OECD Multilateral Information Exchange Treaty

Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information.




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Tax-News.com: China Pledges Tax Support For 'Belt And Road Territories'

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.