an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an 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
an Tax-News.com: Malaysia Issues GST Guidance On Gifts By www.tax-news.com Published On :: Fri, 15 Dec 2017 00:00:00 GMT The Malaysian tax agency on December 1 released guidance on whether gifts provided for no consideration can be excluded from the goods and services tax net. Full Article
an Tax-News.com: Malaysia Issues GST Guidance On Mixed-Use Buildings By www.tax-news.com Published On :: Wed, 17 Jan 2018 00:00:00 GMT Malaysia's tax agency has released Public Ruling No. 1/2018, setting out the goods and services tax rules concerning the sale of buildings on commercial land that are used for both residential and commercial purposes. Full Article
an Tax-News.com: Malaysian Firms Can Challenge Late GST Penalties Online By www.tax-news.com Published On :: Wed, 28 Mar 2018 00:00:00 GMT On March 26, 2018, Malaysia's tax agency announced that businesses can newly challenge late-payment penalties in respect of goods and services tax (GST) via the tax agency's online portal. Full Article
an Franklin Templeton Debt Fund crisis: When and how much money will investors get back By www.businesstoday.in Published On :: Sun, 26 Apr 2020 05:57:33 GMT Franklin Templeton: The fund house has not given any clear indication about the possible timeline within which it will liquidate all its investments and return investors' money Full Article
an BT Insight: Where 6 Franklin Templeton funds got stuck; recovery tougher By www.businesstoday.in Published On :: Wed, 29 Apr 2020 08:03:34 GMT Franklin Templeton Debt crisis: FT investors can hope to get better realisation of their locked investment if the market sentiment improves Full Article
an EMI moratorium still troubling you? These two start-ups can help you out By www.businesstoday.in Published On :: Wed, 29 Apr 2020 17:12:55 GMT Observing the need gap, two start-ups LazyPay and Spocto have launched products that will help you figure if you require the moratorium or not Full Article
an Coronavirus lockdown: How banks are focussing on 'contactless financing' to help borrowers By www.businesstoday.in Published On :: Fri, 01 May 2020 17:18:00 GMT The crisis served as a wake-up call for banks whose digital operations were growing at a snail's pace. They have started embracing the change Full Article
an 5 takeaways for Indian investors from Warren Buffett's Berkshire AGM By www.businesstoday.in Published On :: Mon, 04 May 2020 06:36:03 GMT The lesson here is don't marry your stocks. If your original investment thesis fails, you shouldn't shy away from exiting your positions Full Article
an Coronavirus lockdown: Cash crunch? Don't sell your mutual funds, take a loan against it! By www.businesstoday.in Published On :: Sat, 09 May 2020 07:56:25 GMT When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI Full Article
an Tax-News.com: OECD Releases Mining Sector BEPS Guidance For Developing States By www.tax-news.com Published On :: Fri, 26 Oct 2018 00:00:00 GMT 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. Full Article
an Tax-News.com: France May Cut Tax In Response To Protests By www.tax-news.com Published On :: Mon, 15 Apr 2019 00:00:00 GMT French Prime Minister Edouard Philippe has said that France should prioritize tax cuts following the conclusion of a three-month national consultation on the Government's economic and tax policies. Full Article
an Tax-News.com: France To Flesh Out Tax Cut Plans In June By www.tax-news.com Published On :: Fri, 10 May 2019 00:00:00 GMT French Prime Minister Edouard Philippe announced on April 30, 2019, that plans for reductions in personal and corporate income tax will be released by the Government in June 2019. Full Article
an Tax-News.com: IMF Advises Luxembourg On Coping With International Tax Changes By www.tax-news.com Published On :: Fri, 31 May 2019 00:00:00 GMT The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base. Full Article
an Tax-News.com: South African Carbon Tax Introduced On June 1 By www.tax-news.com Published On :: Wed, 5 Jun 2019 00:00:00 GMT On May 26, 2019, South African President Cyril Ramaphosa signed into law the Carbon Tax Act No 15 of 2019, which came into effect on June 1, 2019, as announced by the Minister of Finance in the 2019 Budget. Full Article
an Tax-News.com: Hungary Announces Tax Cut Plan By www.tax-news.com Published On :: Wed, 5 Jun 2019 00:00:00 GMT On May 31, 2019, the Hungarian Ministry of Finance announced numerous tax cuts as part of an economic growth plan. Full Article
an Tax-News.com: Hungarian Lawmakers To Decide On Tax Cuts Plan By www.tax-news.com Published On :: Fri, 5 Jul 2019 00:00:00 GMT Hungary's 2020 Budget law is before parliament for approval. Most tax-related proposals would become effective from the start of 2020. Full Article
an Tax-News.com: US Senators Urge 'Fairness' Change To Capital Gains Tax Calculations By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT A group of 21 Republican members of the US Senate have signed a letter to the Treasury Secretary urging him to amend how capital gains tax liability is calculated. Full Article
an Tax-News.com: German Government Submits 2020 Budget By www.tax-news.com Published On :: Fri, 13 Sep 2019 00:00:00 GMT On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures. Full Article
an Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts. Full Article
an Tax-News.com: Poland Adopts 2020 Budget By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT On September 24, 2019, the Polish Government adopted the draft Budget for 2020, which takes into account recent reductions in personal income tax. Full Article
an Tax-News.com: Hungarian Government Submits Tax Bill By www.tax-news.com Published On :: Fri, 15 Nov 2019 00:00:00 GMT On November 12, 2019, Hungary's Ministry of Finance announced that it has submitted to parliament the seventh and final part of its Economic Action Plan, which includes various tax measures. Full Article
an Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019 By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well. Full Article
an Tax-News.com: DeFazio Tables US Anti-Profit Shifting Bill By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT US congressman Peter DeFazio (D-OR) has introduced legislation designed to amend the Tax Cuts and Jobs Act so that incentives for US corporations to shift income and production overseas are reduced. Full Article
an Tax-News.com: Australian Tax Changes Effective From July 1 By www.tax-news.com Published On :: Fri, 6 Jul 2018 00:00:00 GMT The Australian Government has set out the numerous changes made to the tax system on July 1 and launched a consultation on new tax rules for "stapled structures." Full Article
an Tax-News.com: Ireland Implements New Exit Tax Regime By www.tax-news.com Published On :: Fri, 19 Oct 2018 00:00:00 GMT Ireland's 2018 Finance Bill legislates for a new exit tax regime compliant with the EU's Anti-Tax Avoidance Directive. Full Article
an Tax-News.com: UK Announces Digital Tax, Corporate Tax Reforms In New Budget By www.tax-news.com Published On :: Fri, 2 Nov 2018 00:00:00 GMT 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. Full Article
an Tax-News.com: Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget By www.tax-news.com Published On :: Fri, 9 Nov 2018 00:00:00 GMT 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. Full Article
an Tax-News.com: UK Legislates To Close Insurance VAT Loophole By www.tax-news.com Published On :: Fri, 21 Dec 2018 00:00:00 GMT On December 11, 2018, the UK Government tabled The Value Added Tax (Input Tax) (Specified Supplies) (Amendment) Order 2018 before the House of Commons to close a VAT avoidance loophole that is exploited by some UK insurers. Full Article
an Tax-News.com: Seychelles Brings Tax Perks Into Line With Int'l Standards By www.tax-news.com Published On :: Tue, 5 Feb 2019 00:00:00 GMT The Seychelles says that the OECD has found the territory to have made sufficient reforms to comply with its BEPS Action 5 standard on harmful tax regimes. Full Article