co Tax-News.com: Swiss Government Signs Off On Tax, Trade Issues By www.tax-news.com Published On :: Fri, 30 Nov 2018 00:00:00 GMT Switzerland's Government has recently decided on a number of trade matters and reviewed its plans for changes to how it administers vehicle taxes. Full Article
co Tax-News.com: EFTA States, Indonesia Ink Trade Deal By www.tax-news.com Published On :: Fri, 21 Dec 2018 00:00:00 GMT The European Free Trade Association states – Switzerland, Liechtenstein, Norway, and Iceland – and Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA), which will slash tariffs on a majority of industrial goods. Full Article
co Tax-News.com: Hong Kong Gazettes Tax Breaks For Ship Leasing By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers. Full Article
co Super expensive BMW launched in India! Luxury car M8 coupe costs Rs 2.15 crore By www.businesstoday.in Published On :: Fri, 08 May 2020 07:20:03 GMT Both cars come with eight-speed steptronic sport automatic transmission and a host of safety features like six airbags, attentiveness assistance, dynamic stability control, including dynamic traction control, anti-lock braking system and electric parking brake Full Article
co Coronavirus: Malaria drug HCQ fails to show any positive results By www.businesstoday.in Published On :: Fri, 08 May 2020 07:53:59 GMT Among patients given hydroxychloroquine, 32.3% ended up needing a ventilator or dying, compared with 14.9% of patients who were not given the drug Full Article
co Coronavirus lockdown: JK Tyre to resume partial operations across country By www.businesstoday.in Published On :: Fri, 08 May 2020 08:22:17 GMT The company has also resumed operations at its global research and development hub located in Mysore, Karnataka Full Article
co $1.5 billion impact! Coronavirus lockdown, supply disruptions badly hit pharma exports By www.businesstoday.in Published On :: Fri, 08 May 2020 08:48:30 GMT According to figures declared by the Pharmaceutical Export Promotion Council of India (Pharmexcil), pharmaceutical exports registered a growth of 11.21 percent during the first quarter of FY20 Full Article
co Coronavirus: Indigo implements pay-cuts again after rolling back decision By www.businesstoday.in Published On :: Fri, 08 May 2020 10:14:27 GMT Coronavirus impact: IndiGo CEO Ronojoy Dutta told the employees that they are left with no option but to implement pay-cuts. The airline had earlier rolled back its decision to cut pay Full Article
co Coronavirus: Triple antiviral drug shows positive results in trial By www.businesstoday.in Published On :: Sat, 09 May 2020 04:59:59 GMT The findings, published in the Lancet medical journal, showed that on average, people who got the triple drug reached the point of no detectable virus five days earlier than those in the control group - at 7 days versus 12 days Full Article
co Tax-News.com: Singapore To Give GST Rebate To 880,000 Households By www.tax-news.com Published On :: Tue, 2 Jan 2018 00:00:00 GMT Singapore's Ministry of Finance has announced that about 880,000 Singaporean Housing and Development Board (HDB) households will receive the next installment of the GST Voucher – Utilities-Save (U-Save) rebate in January 2018. Full Article
co Tax-News.com: Cambodia-Singapore Double Tax Deal Effective By www.tax-news.com Published On :: Wed, 3 Jan 2018 00:00:00 GMT Singapore's tax agency has announced that the territory's new double tax avoidance agreement with Cambodia entered into force on December 29, 2017, capping cross-border withholding taxes on trade and investment. Full Article
co Tax-News.com: Singapore Urged To Enhance Tax Offering By www.tax-news.com Published On :: Fri, 5 Jan 2018 00:00:00 GMT Ernst and Young Solutions LLP, Singapore, has released its wish list for the Singapore Budget 2018, calling for reforms to sharpen the territory's competitiveness. Full Article
co 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
co Tax-News.com: Singapore To Automatically Exchange Tax Info With 61 States By www.tax-news.com Published On :: Mon, 15 Jan 2018 00:00:00 GMT Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime. Full Article
co Tax-News.com: Singapore, Sri Lanka Sign Free Trade Pact By www.tax-news.com Published On :: Fri, 26 Jan 2018 00:00:00 GMT Sri Lanka signed its first ever comprehensive free trade agreement on January 23, with Singapore. Full Article
co Tax-News.com: Singaporean Emitters Seek Progressive Carbon Tax Regime By www.tax-news.com Published On :: Fri, 2 Feb 2018 00:00:00 GMT Singapore is engaging businesses on tweaking the design of its new carbon tax, which is proposed to be in place by 2019. Full Article
co Tax-News.com: Singapore Issues More Automatic Tax Info Exchange Guidance By www.tax-news.com Published On :: Sat, 17 Feb 2018 00:00:00 GMT Singapore's tax agency has made two announcements recently concerning the automatic exchange of information on foreign taxpayers' affairs, on the Common Reporting Standard and the US Foreign Account Tax Compliance Act. Full Article
co Tax-News.com: Singapore Confirms Future GST Hike In Budget By www.tax-news.com Published On :: Tue, 20 Feb 2018 00:00:00 GMT Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Full Article
co Tax-News.com: Singapore Updates Guidance On Transfer Pricing Regime By www.tax-news.com Published On :: Wed, 28 Feb 2018 00:00:00 GMT The Inland Revenue Authority of Singapore on February 23, 2018, released the fifth edition of its Transfer Pricing Guidelines for income tax. Full Article
co Tax-News.com: FATCA Reporting To Start April 16 In Singapore By www.tax-news.com Published On :: Tue, 6 Mar 2018 00:00:00 GMT Financial institutions in Singapore are required to file information required under the US Foreign Account Tax Compliance Act starting April 16 by May 31, 2018. Full Article
co Tax-News.com: Singapore Legislates For IP Tax Concession Reform By www.tax-news.com Published On :: Thu, 17 May 2018 00:00:00 GMT Singapore has gazetted a law to repeal the income tax concession for intellectual property income derived by companies benefiting from the Pioneer Service Companies Incentive or the Development and Expansion Incentive schemes. Full Article
co Tax-News.com: Singaporean Corporate Tax Returns Soon Due By www.tax-news.com Published On :: Fri, 16 Nov 2018 00:00:00 GMT The Inland Revenue Authority of Singapore has issued a reminder to companies that the corporate income tax return filing deadline is either November 30, 2018, for paper returns, or December 15, 2018, for electronically filed returns. Full Article
co Tax-News.com: No Tax Surprises In Singapore's 2019 Budget By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT Singapore's recently released 2019 Budget included few significant tax announcements except confirmation that Singapore's carbon tax will be levied this year and the goods and services tax will be hiked in the medium term. Full Article
co Tax-News.com: Singapore Now Accepting FATCA Returns By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT The Inland Revenue Authority of Singapore is now accepting FATCA returns for the 2018 reporting year and has newly released the FATCA paper nil return for 2018. Full Article
co Tax-News.com: Singapore Issues TP Guidance For Commodities Traders By www.tax-news.com Published On :: Wed, 5 Jun 2019 00:00:00 GMT The Inland Revenue Authority of Singapore has released new transfer pricing guidance on determining the economic value of taxpayers' commodity marketing and trading activities in Singapore. Full Article
co Tax-News.com: Singapore To Exempt Virtual Currency Transactions From GST By www.tax-news.com Published On :: Tue, 16 Jul 2019 00:00:00 GMT On July 5, 2019, Singapore's tax agency released a draft guide that includes proposals for more favorable GST rules for virtual currencies. Full Article
co Tax-News.com: Singapore Issues GST Form Instructions For Reverse Charge Supplies By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT 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. Full Article
co 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
co Tax-News.com: Singapore Updates Guidance On 2020 GST Reverse Charge Change By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT The Inland Revenue Authority of Singapore has updated its guidance on the introduction from January 1, 2020, of an obligation on Singaporean taxpayers to collect GST on imported services under a reverse charge. Full Article
co Tax-News.com: Singapore Reports On Tax, Compliance Work By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT The Inland Revenue Authority of Singapore (IRAS) has reported that revenues increased by 4.4 percent in the 2018-2019 fiscal year, in its annual report for the year. Full Article
co Tax-News.com: Singapore Announces Plans For GST Reforms By www.tax-news.com Published On :: Fri, 8 Nov 2019 00:00:00 GMT Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies. Full Article
co Tax-News.com: Singapore, Germany Add BEPS Amendments To DTA By www.tax-news.com Published On :: Mon, 16 Dec 2019 00:00:00 GMT Singapore and Germany have signed a protocol to their double taxation agreement, which brings the treaty into line with international standards and amends the maximum withholding tax rates that may be charged. Full Article
co Tax-News.com: TPP Nations Agree To Continue Without US By www.tax-news.com Published On :: Mon, 22 May 2017 00:00:00 GMT The remaining eleven signatories to the Trans Pacific Partnership pact have agreed to seek an accord without the United States. Full Article
co Tax-News.com: China To Probe Dumping Of Styrene by US, Korea, Taiwan By www.tax-news.com Published On :: Tue, 4 Jul 2017 00:00:00 GMT China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins. Full Article
co Tax-News.com: Malaysia To Introduce Tourism Tax By www.tax-news.com Published On :: Wed, 12 Jul 2017 00:00:00 GMT Malaysia's controversial tourism tax looks set to be introduced on August 1, according to reports. Full Article
co Tax-News.com: TPP11 Explore Plan B Agreement In Japan By www.tax-news.com Published On :: Thu, 13 Jul 2017 00:00:00 GMT Following agreement reached by the remaining signatories to the Trans-Pacific Partnership earlier this year to push ahead following US President Donald Trump's withdrawal of the United States from the pact, Japan has taken the lead with regard to formulating a plan B for the agreement. Full Article
co Tax-News.com: European Free Trade Association Sets Out 2017 Priorities By www.tax-news.com Published On :: Wed, 19 Jul 2017 00:00:00 GMT The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year. Full Article
co Tax-News.com: Malaysia Looking At Modernizing Road Tax By www.tax-news.com Published On :: Thu, 20 Jul 2017 00:00:00 GMT Malaysian Transport Minister Liow Tiong Lai revealed on July 19 that the Government is considering introducing a more modern, innovative way of levying road tax. Full Article
co Tax-News.com: Malaysia Hints At Sector Tax Breaks In Upcoming Budget By www.tax-news.com Published On :: Tue, 25 Jul 2017 00:00:00 GMT Malaysia is to use targeted tax breaks to support certain industries in this year's budget and in particular small and medium sized businesses, according to a government minister. Full Article
co Tax-News.com: Malaysia Announces Palm Oil Export Tax Rate For Sept By www.tax-news.com Published On :: Wed, 16 Aug 2017 00:00:00 GMT 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. Full Article
co Tax-News.com: Malaysian Taxpayers Seek 'Fairer' Tax System By www.tax-news.com Published On :: Fri, 8 Sep 2017 00:00:00 GMT The Consumers Association of Penang (CAP) has called on the Malaysian Government to reintroduce inheritance tax in the Budget 2018. Full Article
co Tax-News.com: Canada Agrees To Exploratory ASEAN Trade Talks By www.tax-news.com Published On :: Mon, 11 Sep 2017 00:00:00 GMT Canada and representatives from the ASEAN member states have agreed to launch exploratory discussions to determine the potential for a free trade agreement. Full Article
co Tax-News.com: CRA Provides Update On Tax Avoidance Crackdown By www.tax-news.com Published On :: Tue, 12 Sep 2017 00:00:00 GMT Canada's Revenue Minister has provided an update on the progress made by the Government in addressing tax evasion and aggressive tax avoidance. Full Article
co Tax-News.com: Hong Kong, ASEAN Conclude Free Trade Talks By www.tax-news.com Published On :: Thu, 14 Sep 2017 00:00:00 GMT Hong Kong has announced the conclusion of free trade agreement negotiations with the Association of South East Asian Nations. Full Article
co Tax-News.com: Malaysia To Legislate To Slap GST On Foreign Retailers By www.tax-news.com Published On :: Thu, 21 Sep 2017 00:00:00 GMT Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers. Full Article
co Tax-News.com: Malaysian Tax Agency Says Audits Not Politically Motivated By www.tax-news.com Published On :: Wed, 27 Sep 2017 00:00:00 GMT Malaysia's Inland Revenue Board has denied allegations that it is more aggressively pursuing taxpayers affiliated with opposition political parties or their supporters. Full Article
co Tax-News.com: Malaysia's 2018 Budget Includes Various Tax Relief Changes By www.tax-news.com Published On :: Fri, 3 Nov 2017 00:00:00 GMT The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms. Full Article
co Tax-News.com: Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings By www.tax-news.com Published On :: Wed, 8 Nov 2017 00:00:00 GMT Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices. Full Article
co Tax-News.com: Australia Seeking To Expand FTA Network By www.tax-news.com Published On :: Fri, 24 Nov 2017 00:00:00 GMT The Australian Government has said that it intends to extend its network of free trade agreements, as part of its new foreign policy agenda. Full Article
co Tax-News.com: Malaysia PM Defends Introduction Of GST By www.tax-news.com Published On :: Mon, 27 Nov 2017 00:00:00 GMT Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices. Full Article