on Tax-News.com: UAE Introduces CbC Reporting, Economic Substance Rules By www.tax-news.com Published On :: Tue, 16 Jul 2019 00:00:00 GMT The UAE has recently passed legislation to introduce new country-by-country reporting requirements and new economic substance requirements. Full Article
on 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
on Tax-News.com: OECD Seeks Input On 13 New Dispute Resolution Peer Reviews By www.tax-news.com Published On :: Mon, 25 Nov 2019 00:00:00 GMT The OECD is seeking input from taxpayers on dispute resolution mechanisms in place in Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, the United Arab Emirates, and Vietnam, as part of follow-up work under BEPS Action Plan Action 14. Full Article
on Tax-News.com: UAE To Refund VAT Incurred On House Construction Works By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home. Full Article
on Tax-News.com: Japanese Election Result Cements Future Sales Tax Hike By www.tax-news.com Published On :: Tue, 24 Oct 2017 00:00:00 GMT Japan's proposed sales tax hike is expected to go ahead as planned in 2019 after a landslide win by incumbent Prime Minister Shinzo Abe. Full Article
on Tax-News.com: NZ Singled Out For Praise By Tax Foundation Think Tank By www.tax-news.com Published On :: Wed, 1 Nov 2017 00:00:00 GMT In introducing its new 2017 International Tax Competitiveness Index, the Tax Foundation, a US tax policy think tank, notes the importance of simple but effective tax regimes and highlights New Zealand as the country that has implemented particularly positive reforms. Full Article
on Tax-News.com: Hong Kong, ASEAN Nations Sign Free Trade Deal By www.tax-news.com Published On :: Mon, 13 Nov 2017 00:00:00 GMT 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. Full Article
on 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
on 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
on 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
on Tax-News.com: Global Tax Information Exchange Has Netted States Billions By www.tax-news.com Published On :: Fri, 21 Jun 2019 00:00:00 GMT 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. Full Article
on Kerala Passes Landmark Government Order for Brain Death Certification By www.medindia.net Published On :: Highlights: In India, the concept of brain death has been closely linked with organ donation In the ca Full Article
on New Cancer Treatment can Hide Boron Inside Cancer Cells During Radiotherapy By www.medindia.net Published On :: Highlights: Boron can now be retained within cancer cells using a novel method Trapping boron within ca Full Article
on New Treatment Strategy for Depression Uses AI and Brain Scans By www.medindia.net Published On :: Highlights: Artificial Intelligence (AI) and brain scanning can predict which treatment is best for de Full Article
on 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
on World Encephalitis Day: A Global Issue That Needs a Human Solution By www.medindia.net Published On :: Highlights: World Encephalitis Day is celebrated annually on 22 nd February Its major objective is to raise awaren Full Article
on Artificial Intelligence Can Predict Worsening of Heart Failure Before Hospitalization By www.medindia.net Published On :: Highlights: A sensor based on Artificial Intelligence (AI) has been developed The sensor can inst Full Article
on 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
on COVID-19: Guidelines on Dead Body Management By www.medindia.net Published On :: Highlights : In India, over 17,265 confirmed novel coronavirus disease (COVID-19) cases and 543 deaths as of yesterd Full Article
on 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
on 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
on Tax-News.com: HMRC Schedules Webinars On New Construction Services Reverse Charge By www.tax-news.com Published On :: Thu, 29 Aug 2019 00:00:00 GMT The UK tax agency has announced that it has scheduled two new webinars to support the construction industry to come to terms with the new VAT reverse charge being introduced on building and construction services from October 1. Full Article
on Tax-News.com: Brexit: UK Rolls Out Transitional Simplified Procedures For Importers By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures, allowing most UK traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on October 31, 2019. Full Article
on Tax-News.com: Airbnb Says UK Tax Probe Could Result In Litigation By www.tax-news.com Published On :: Mon, 28 Oct 2019 00:00:00 GMT Airbnb has disclosed that it has been contacted by HM Revenue and Customs regarding the application of tax laws or regulations impacting the company's business, adding that some matters "may result in litigation". Full Article
on Tax-News.com: UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum By www.tax-news.com Published On :: Tue, 26 Nov 2019 00:00:00 GMT The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21. Full Article
on Tax-News.com: UK Gov't To Pursue Brexit, Digital Services Tax After Election Win By www.tax-news.com Published On :: Mon, 16 Dec 2019 00:00:00 GMT The Conservative Party in the UK has won an outright majority in elections held on December 12, 2019. Full Article
on Tax-News.com: Switzerland Confirms Status Quo With UK By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT Switzerland has said that the withdrawal of the UK from the EU on January 31 will not change the relationship between Switzerland and the UK in the near future. Full Article
on Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The UK's National Audit Office has called for a more comprehensive review of the 1,190 tax relief measures available for taxpayers, which are estimated to have cost the UK revenues worth GBP155bn (USD201.7bn) in 2018-19. Full Article
on Tax-News.com: UK's IR35 Reforms Delayed For One Year By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak. Full Article
on Tax-News.com: Switzerland Announces COVID-19 Plan To Scrap Interest On Tax Arrears By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT The Swiss Government has announced that it will waive interest on late payments of tax, to allow companies to delay their tax payments. Full Article
on Tax-News.com: Malta Defers Tax Payment Deadlines In Response To COVID-19 By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT In response to the coronavirus outbreak, the Maltese Government has announced deferrals for the payment of a number of taxes. Full Article
on Tax-News.com: Argentina Announces COVID-19 Tax Concessions By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The Argentine Government has announced a number of tax-related measures in response to the COVID-19 pandemic. Full Article
on Tax-News.com: COVID-19: UK Delays Expansion Of Making Tax Digital For VAT By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The UK Government has announced that it will delay ramping up its Making Tax Digital project, in light of COVID-19. Full Article
on Tax-News.com: Caribbean Territories To Undergo Dispute Resolution BEPS Peer Review By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT The OECD has launched a review of dispute resolution mechanisms in place in Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, the United Arab Emirates, and Vietnam, as part of follow-up work under BEPS Action Plan Action 14. Full Article
on Tax-News.com: IRS Issues Estate Tax Regulations By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT On November 22, 2019, the United States Internal Revenue Service issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels. Full Article
on Tax-News.com: IRS Launches Gig Economy Tax Center By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information. Full Article
on Tax-News.com: US State Maryland Considering Digital Advertising Tax By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT On January 8, 2020, a bill was introduced in the Senate of the US state of Maryland that would impose a tax on revenues associated with digital advertising derived in the state. Full Article
on Tax-News.com: Democrat Bill Targets GILTI High-Tax Exclusion By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT Democrats in the United States Senate have introduced a bill that would block proposals to introduce a "high-tax exemption" to the Global Intangible Low-Tax Income regime. Full Article
on Tax-News.com: Trump Discusses Payroll Tax Cut With Congress By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT On March 9, 2020, United States President Donald Trump revealed that the Administration would begin discussions with Congress on potential tax measures to ease the impact of the coronavirus outbreak, including a payroll tax cut. Full Article
on Tax-News.com: IRS Launches COVID-19 Employee Retention Tax Credit By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT On March 31, 2020, the United States Treasury Department and the Internal Revenue Service launched the Employee Retention Credit scheme, designed to encourage businesses to keep employees on their payroll amid the COVID-19 crisis. Full Article
on Tax-News.com: EU Auditors Concerned By Customs Tax Loopholes By www.tax-news.com Published On :: Fri, 8 Dec 2017 00:00:00 GMT EU customs controls are not being applied effectively, an EU audit has found, with importers able to take advantage of loopholes to reduce or evade their duty liabilities. Full Article
on Tax-News.com: EU Commission Warns Of Tax Scam Letters By www.tax-news.com Published On :: Tue, 12 Dec 2017 00:00:00 GMT The European Commission has warned taxpayers in Europe of letters being sent by fraudsters bearing its name and demanding the payment of tax not due. Full Article
on Tax-News.com: OECD Releases New Dispute Resolution Peer Reviews By www.tax-news.com Published On :: Tue, 13 Mar 2018 00:00:00 GMT 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. Full Article
on Tax-News.com: HMRC Focusing On Image Rights Tax Avoidance By www.tax-news.com Published On :: Mon, 29 Oct 2018 00:00:00 GMT The UK tax agency has confirmed that it is investigating around 170 professional soccer players' tax affairs and around 20 football clubs, focusing on the taxation of image rights. Full Article
on 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
on Tax-News.com: US Senate To Vote On Tax Treaty Protocols By www.tax-news.com Published On :: Tue, 16 Jul 2019 00:00:00 GMT The United States Senate could soon approve ratification of four long-pending double tax avoidance treaty protocols. Full Article
on Tax-News.com: EC Investigates Italian Port Tax Exemptions By www.tax-news.com Published On :: Tue, 26 Nov 2019 00:00:00 GMT On November 15, 2019, the European Commission announced the launch of an in-depth state aid investigation into tax exemptions provided to Italian ports, but welcomed commitments from Spain to abolish similar exemptions for Spanish ports from next year. Full Article
on Tax-News.com: New Spanish Coalition Agrees Tax Plan By www.tax-news.com Published On :: Wed, 8 Jan 2020 00:00:00 GMT The Spanish Socialist Party and the Podemos movement, which will form the next governing coalition, has released their policy document, which includes plans for a corporate minimum tax, among other tax measures. Full Article
on Tax-News.com: International Support For Beneficial Ownership Info Exchange By www.tax-news.com Published On :: Wed, 27 Apr 2016 00:00:00 GMT More than 20 jurisdictions have signed up to a pilot project to exchange data held on beneficial ownership registers and registers of trusts, according to UK Chancellor George Osborne. Full Article
on Tax-News.com: Canada Provides Update On Anti-Evasion Work By www.tax-news.com Published On :: Tue, 13 Sep 2016 00:00:00 GMT The Canada Revenue Authority is auditing over 750 taxpayers with suspected links to offshore "tax havens" and investigating 20 cases of tax evasion, the Government has said. Full Article