The Hong Kong Government has issued a statement committing to amend its tax law with regards the tax exemption for foreign source passive income from 2023, to ensure the territory does not end up placed on the EU's tax blacklist of non-cooperative territories.

The Australian Government has confirmed that it will amend its offshore banking unit regime after it was designated a harmful tax regime by the OECD and the European Union.

The Swiss Federal Department of Finance has announced the launch of a new online tool for individuals taxpayers, which is being developed also for legal entities.

The Swiss Finance Department has said that changes to tax law are not currently needed in response to developments in distributed ledger technology and blockchain.

The Swiss Federal Council has launched a consultation on the amendments to the VAT law, with a focus on the tax treatment of mail order businesses and the administrative burden on SMEs.

Switzerland's Federal Department of Finance is extending the time limit within which tourists can export goods purchased in the country tax free.

Effective August 1, 2020, Switzerland relaxed the rules for tourists seeking to export goods free from tax.

The Cyprus Tax Department has released ten-year government bond yield rates for five new territories, to support businesses in calculating claims for Cyprus's Notional Interest Deduction. The rates are for Bermuda, Denmark, Jordan, Portugal, and Switzerland.

The Swiss Federal Council has approved proposed legislative changes to alter how the country interprets double tax agreement provisions.

Mosquito-borne diseases like dengue, malaria and chikungunya are on the rise. The months of September, October and November often see an increase in

medlinkDengue/medlink, a recurring tropical disease that experiences outbreaks during the monsoon season, becomes more aggressive and severe in animal

On May 4, 2020, a bill was introduced in the United States House of Representatives to limit the impact of the Global Intangible Low Tax Income regime on businesses based in US territories and possessions.

On May 15, 2020, the United States House of Representatives approved the HEROES Act, which amends previous COVID-19-related stimulus legislation by changing loss carryback rules and providing further tax support for businesses and individuals.

The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes.

The Belgian Finance Ministry has released guidance on a COVID-19 tax relief measure on offer for employer-paid expenses for teleworking.

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme.

The Dutch Government has issued a decree to ensure the country's dividend withholding tax rules comply with the European Court of Justice's ruling in the Sofina case.

The United Arab Emirates' Federal Tax Authority has clarified the value-added tax rules that apply to e-commerce transactions.

The Irish Revenue has announced the implementation of temporary measures in relation to the close company surcharge regime, in response to the coronavirus pandemic.

Apple and the Irish Government have been successful in having overturned a European Commission decision that two tax rulings granted to the company by the Irish Government were unlawful.

The Bermuda Monetary Authority on December 15, 2020, released a new consultation paper on its proposal for a conduct of business regulatory regime to better protect retail investors.

Prescribing non-steroidal anti-inflammatory drugs (NSAIDs) to high-risk individuals in England costs the NHS around 31 million and results in over 6,000

The anti-obesity medication semaglutide may help to prevent medlinkheart attacks/medlink, medlinkstrokes/medlink, and other major adverse cardiovascular

Despite their popularity, injectable medlinkweight loss medications/medlink are often difficult to obtain due to limited supply and high costs without insurance.

More than 15 generic medications, including injectables and tablets, have been debarred since January by Tamil Nadu Medical Services Corporation (TNMSC).

India's Central Drugs Standard Control Organization (CDSCO) has achieved a significant milestone by meeting the World Health Organization's (WHO) stringent

For the first time, scientists have devised an innovative method to deliver tuberculosis (TB) (!--ref1--) medication directly to the brain through the nasal route.

India's updated drug regulations have fostered a research environment that aligns with international standards, ensuring both scientific rigor and ethical considerations.

Diabetes drug canagliflozin benefits patients of all ages. While Sodium-glucose cotransporter-2 (SGLT2) inhibitors are known to reduce the risk of heart

The European Commission has proposed changes to the EU's VAT rules in respect of Northern Ireland, in preparation for the end of the Brexit transition period with the UK.

The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States.

The UK Government has recently issued a call for evidence from UK VAT groups on future policy reform.

On November 5, 2020, HM Revenue and Customs issued a consultation on proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes.

The EU has referred the UK to the Court of Justice over its failure to comply with EU rules on marked fuel.

The UK Government is inviting input on the tax challenges associated with the rise of the sharing economy.

Norway intends to provide value-added tax administrative relief measures to UK businesses in response to Brexit.

The Swiss Federal Council has approved proposed legislative changes to alter how the country interprets double tax agreement provisions.

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme.

The Dutch Government has issued a decree to ensure the country's dividend withholding tax rules comply with the European Court of Justice's ruling in the Sofina case.

On February 8, 2021, the European Commission launched a consultation on a review of the VAT rules for financial and insurance services.

The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in cryptocurrency trading to report details about transactions.

EU finance ministers have agreed an update to the rules governing value-added tax rates for goods and services.

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Highlights: Molecular You leverages AI for precise biomarker analysis and early disease detection Dr. Rob Fraser

The Inland Revenue Authority of Singapore has updated its guidance on the tax requirements for companies being liquidated and those under receivership.

The United Arab Emirates' Federal Tax Authority has released a bulletin highlighting the value-added tax rights and obligations of performers and those who earn income from online platforms.

On April 1, 2021, the Inland Revenue Authority of Singapore issued a summary of an advance ruling concerning franchise income earned by a Singaporean company from licensing intellectual property rights.

Hong Kong's Legislative Council has passed a bill to implement a series of amendments to the Inland Revenue Ordinance.

The OECD has said 131 countries and jurisdictions have put their name to an international agreement on an overhaul to tax rules for the digitalized economy and for large multinational businesses.

Thailand's Revenue Department has released new English-language guidance on the value-added tax rules for business-to-consumer supplies of electronic services rendered by non-resident businesses.