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Aspirin a Day Does Not Keep Dementia at Bay, Says Study

Daily dose of aspirin provided no benefit to study participants at either preventing dementia or slowing cognitive decline, stated study published in




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Investigational Drug to Prevent Heart Disease May Treat Ovarian Cancer

Ovarian cancer cells become detached from their point of origin and shift using fats as an energy source, according to Benjamin Bitler, PhD, and CU Cancer




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Diabetes Drugs Effective in Reducing Heart, Kidney Disease

Two types of diabetes drugs namely SGLT2 inhibitors and GLP-1 drugs were effective in reducing heart complications including stroke, heart attack, and




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Teprotumumab, First FDA-approved Drug for Thyroid Eye Disease Proves Effective

Regardless of patient gender, age or smoking status, teprotumumab, the first FDA-approved drug for thyroid eye disease, provides significant improvement




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Convalescent Plasma to Help Combat COVID-19

Scientists are working to collecting and using convalescent plasma to develop a passive immunization program to treat patients hospitalized for COVID-19.




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Aspirin Reduces Bowel Cancer Risk

Aspirin was found to be associated with reduction in the risk of several cancers of the digestive tract, stated new study. The largest and most comprehensive




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Medication Needs of Masses Changes Due to COVIDd-19

The pandemic has suddenly changed the medication needs of masses with a clear preference being shown for respiratory, anti-diabetic, cardiac therapies.




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Chronic Use of Corticosteroids Increases Adrenal Gland Inflammation

Synthetic corticosteroid drugs, when used for prolonged duration of time, increase adrenal gland inflammation in response to bacterial infection. Synthetic




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Knowledge on Asthma Medications Improve Future Treatment

X-ray CT scanning helps to quantify the tiny microstructures of individual particles from the drug products used for asthma at the nano-scale, according




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Recent Review Casts Doubt on Use of Chloroquine and Hydroxychloroquine for COVID-19 Patients

The new review has described the growing skepticism regarding adoption of chloroquine and hydroxychloroquine for COVID-19 patients. The review is published in FASEB journal.




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Drug Saves Lives of Children Fighting Fatal Immune Disease

Emapalumab saved a child suffering from HLH. Although the 34-patient study wasn't large enough to show the efficacy of this new drug, doctors say their data are promising.




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Metformin Protects Breastfed Children

Treating a breastfeeding parent with metformin, a common diabetes drug was found to provide male offspring lifelong protection against diabetes and obesity,




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Tax-News.com: Italy Releases Tax Forms And Instructions For 2020

On January 31, 2020, the Italian Revenue Agency released instructions on how companies, individuals, corporate groups, and partnerships can comply with their tax return filing obligations during 2020.




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Tax-News.com: Italy Suspends Tax Assessments Over COVID-19

On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak.




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Tax-News.com: Philippines House Passes Financial Services Tax Reforms

The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income.




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Tax-News.com: Algeria Releases 2020 Draft Budget

Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs.




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Tax-News.com: New Zealand Proposing GST Exemption For Crypto-Assets

New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime.




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Tax-News.com: Mauritius Gazettes Budget Tax Measures

Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019.




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Tax-News.com: EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action

The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, and evasion.




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Tax-News.com: Belgium Introduces Optional VAT On Property Leases

On January 10, 2018, the Belgian Ministry of Finance reminded taxpayers letting and leasing certain real estate that they can opt in to the value-added tax regime.




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Tax-News.com: OECD Releases Action 14 Peer Reviews For Six States

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.




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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: Belgium Announces COVID-19 Tax Measures

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.




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Tax-News.com: Hong Kong Eases Stamp Duty Rules For Residents

Hong Kong has relaxed the rules for those buying residential property, with the publication in the Official Gazette of The Stamp Duty (Amendment) Ordinance 2018 on January 19, 2018.




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Tax-News.com: Hong Kong's New Budget Contains Tax Relief Measures

Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses.




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Tax-News.com: HK's Legislature Passes 2018/19 Budget Bill

Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament.




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Tax-News.com: OECD Releases Eight New Action 14 Peer Reviews

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.




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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: Hong Kong Releases New Guidance On Advance Rulings

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.




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Tax-News.com: Switzerland Has Improved Adherence With Tax Transparency Standards

The OECD's Global Forum has found Switzerland largely compliant with the international standards on transparency and the exchange of information upon request.




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Tax-News.com: UAE Confirms Online Purchases Are Subject To VAT

The United Arab Emirates' Federal Tax Authority has released a statement confirming that all purchases from online retailers are subject to the same value-added tax rules as for purchases from brick and mortar stores – that they should generally be subject to the headline five percent value-added tax rate.




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Tax-News.com: UAE Eases First VAT Filing Deadlines

The UAE's Federal Tax Authority (FTA) has changed the deadline for firms preparing to file a VAT return for the first time.




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Tax-News.com: EU Removes Bahamas, Saint Kitts From Tax Blacklist

The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions.




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Tax-News.com: Hong Kong, ASEAN Nations Sign Free Trade Deal

Hong Kong has signed a new free trade agreement with the Association of Southeast Asian Nations, which is expected to become effective from January 2019.




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Tax-News.com: Australian Exporters Making The Most Of FTAs

Australia's free trade agreements are being widely used by Australian businesses, according to a new report commissioned by the Government.




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Tax-News.com: Global Tax Information Exchange Has Netted States Billions

The OECD has reported on the progress achieved to improve tax transparency internationally under the new Common Reporting Standard (CRS), ahead of the meeting of G20 finance ministers in Fukuoka, Japan.




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Tax-News.com: Korea To Ease Tax Rules For Exporters To Japan

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."




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Good Sleep Patterns Reduce Heart Disease Risk Despite Genetic Influences

Highlights: Healthy sleep patterns can reduce the risk of cardiovascular diseases (CVD) These sleep pat




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Kerala Passes Landmark Government Order for Brain Death Certification

Highlights: In India, the concept of brain death has been closely linked with organ donation In the ca




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Healthy Lifestyle Increases Life Expectancy

Highlights: Leading a healthy lifestyle could prolong the lifespan of men and women It could also




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Early Genetic Signs can Detect Cancer Earlier and Faster

Highlights: Early genetic signs, years before diagnosis, could signal cancer development in the future




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Slowly Increasing Exercise Intensity is Good for the Heart

Highlights: The American Heart Association has published a statement on exercise and heart health It re




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Tax-News.com: OECD Releases Action 14 Peer Reviews For Six States

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.




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Tax-News.com: UK Announces Plastics Tax, Business Rates Relief In 2020 Budget

The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications.




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Tax-News.com: Netherlands Announces Tax Measures To Mitigate COVID-19

The Dutch Government will allow taxpayers to defer payments of certain taxes under a new package of coronavirus economic relief measures.




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Tax-News.com: Belgium Announces COVID-19 Tax Measures

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.




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Tax-News.com: Tax Extenders Passed In US Spending Package

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.




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Tax-News.com: US Senate Passes New North American Free Trade Deal

On January 16, 2020, the US Senate voted to approve the US-Mexico-Canada Agreement, which will replace the existing North American Free Trade Agreement.




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Tax-News.com: US Senate Passes 'Phase Three' COVID-19 Aid Package

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.




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Tax-News.com: OECD Releases New Dispute Resolution Peer Reviews

The OECD on March 12 released a third round of peer reviews of countries' efforts to implement the BEPS minimum standard on improving tax dispute resolution mechanisms.