b

Tax-News.com: Switzerland Publishes New English-Language VAT Guide

The Swiss Federal Tax Authority has released new English-language guidance for foreign businesses on their obligations under Swiss VAT law.




b

Tax-News.com: Switzerland Redrafts Double Tax Treaty Law

The Swiss Government has released new legislation governing Switzerland's application of provisions in its network of double tax agreements.




b

Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.




b

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.




b

Tax-News.com: EU Removes Jurisdictions From Tax Blacklist

The EU has announced the removal of eight jurisdictions from its tax blacklist.




b

Tax-News.com: Bahrain Commits To Introducing VAT This Year

Bahrain has committed to pushing towards the introduction of the Gulf Cooperation Council's value-added tax framework by the end of the year.




b

Tax-News.com: EU Makes Changes To Tax Blacklist

The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three.




b

Tax-News.com: EU Announces Sanctions For 'Blacklisted' Countries

The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions.




b

Tax-News.com: UAE Issues Guidance On Reclaiming VAT On New House Builds

The United Arab Emirates' Federal Tax Authority has issued guidance on obtaining refunds of value-added tax on new homes.




b

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.




b

Tax-News.com: UAE Introduces CbC Reporting, Economic Substance Rules

The UAE has recently passed legislation to introduce new country-by-country reporting requirements and new economic substance requirements.




b

Tax-News.com: Oman Says VAT Not On The Backburner

Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay.




b

Tax-News.com: EU Updates Tax Blacklist

The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation.




b

Tax-News.com: New Japan-Denmark DTA To Waive Cross-Border Tax

The Japanese and Danish governments announced on October 11 that they had signed a new agreement for the avoidance of double taxation in Tokyo.




b

Tax-News.com: NZ Singled Out For Praise By Tax Foundation Think Tank

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.




b

Tax-News.com: OECD Inviting Input On BEPS Action 14 Peer Reviews

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.




b

Tax-News.com: Ireland-Chile Double Tax Pact Enhanced

In an e-brief issued on December 12, 2017, the Irish tax agency announced that maximum withholding tax rates on cross-border passive income have been lowered under the Ireland-Chile double tax agreement.




b

Tax-News.com: US Taxpayer Body Argues Against Steel, Aluminum Tariffs

The National Taxpayers Union has called upon the US Department of Commerce to halt its investigation into steel and aluminum imports, claiming that imposing tariffs would be "an economically inefficient solution to a narrow problem."




b

Tax-News.com: Japan, Iceland Sign Double Tax Agreement

Japan's Ministry of Finance has reported the signing of a double tax agreement with Iceland in Reykjavik.




b

Tax-News.com: Japan's Cabinet Endorses Tax Reform Plans

Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate.




b

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.




b

Overeating - Not Lack of Exercise - Could be the Root Cause of Obesity

Highlights: Eating too much - not exercising too little - is at the root of obesity It is also responsible




b

Autism Risk Can Now be Predicted by Sperm Analysis

Highlights: Risk of autism can now be predicted by analyzing the sperms of prospective fathers Mutations




b

Zika Virus Could Help Treat Brain Cancer: Here's How

Highlights: Zika virus can specifically kill brain cancer cells, without harming normal cells It




b

Abdominal Obesity Could Up Risk of Recurrent Heart Attacks

Highlights: Excessive belly fat could increase the risk of recurrent heart attacks and strokes Occurs due to




b

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




b

New Cancer Treatment can Hide Boron Inside Cancer Cells During Radiotherapy

Highlights: Boron can now be retained within cancer cells using a novel method Trapping boron within ca




b

Bacteria Present in House Dust Can Spread Antibiotic Resistance

Highlights: Bacteria living in household dust particles have been detected These are capable of transmitting




b

Disrupting Glutamine Metabolism Aids to Treat Chemotherapy Resistant Pancreatic Cancer

Highlights : A way to utilize existing chemotherapy in a more efficient manner in treating pancreat




b

New Treatment Strategy for Depression Uses AI and Brain Scans

Highlights: Artificial Intelligence (AI) and brain scanning can predict which treatment is best for de




b

Personalized Cancer Vaccines Could Soon be a Reality

Highlights: Personalized therapeutic cancer vaccines are likely to be available soon A new type of deli




b

IVF Babies at Higher Risk of Death During First Few Weeks of Life

Highlights: Infants conceived through IVF can have a higher risk of death than infants conceived naturally This




b

World Encephalitis Day: A Global Issue That Needs a Human Solution

Highlights: World Encephalitis Day is celebrated annually on 22 nd February Its major objective is to raise awaren




b

Artificial Intelligence Can Predict Worsening of Heart Failure Before Hospitalization

Highlights: A sensor based on Artificial Intelligence (AI) has been developed The sensor can inst




b

Gut Bacteria can Secrete Carcinogen: Study

Highlights: A common intestinal bacterium has been identified that secretes a carcinogen The carcinogen produ




b

Telehealth Well Positioned to Tackle and Contain COVID-19 Outbreak

Highlights: The current global crisis with COVID-19 infection provides telehealth the ideal opport




b

COVID-19: Guidelines on Dead Body Management

Highlights : In India, over 17,265 confirmed novel coronavirus disease (COVID-19) cases and 543 deaths as of yesterd




b

Tax-News.com: HMRC Schedules Webinars On New Construction Services Reverse Charge

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.




b

Tax-News.com: Brexit: UK Rolls Out Transitional Simplified Procedures For Importers

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.




b

Tax-News.com: Airbnb Says UK Tax Probe Could Result In Litigation

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".




b

Tax-News.com: UK Explains BEPS Changes To Luxembourg DTA

On November 5, 2019, the UK Government released the synthesized text of the Luxembourg-UK double tax agreement, as modified by the BEPS multilateral instrument.




b

Tax-News.com: New Zealand Tops World Bank's 'Doing Business' 2020

New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world.




b

Tax-News.com: UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum

The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21.




b

Tax-News.com: UK Gov't To Pursue Brexit, Digital Services Tax After Election Win

The Conservative Party in the UK has won an outright majority in elections held on December 12, 2019.




b

Tax-News.com: BEPS Changes Effective For UK-Belgium Double Tax Deal

The UK Government on January 10, 2020, released the synthesized text of the 1987 Belgium-UK double tax agreement, as modified by the BEPS multilateral instrument.




b

Tax-News.com: German Businesses Call For 25pc Corporate Tax Rate

The Federal Association of German Industry, the BDI, has urged the German government to forge ahead with corporate tax reforms, warning that Germany's corporate tax regime is becoming increasingly out of step with the country's competitors.




b

Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report

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.




b

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.




b

Tax-News.com: COVID-19: Germany Allowing Businesses To Defer Taxes

The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak.




b

Tax-News.com: New Zealand Enacts COVID-19 Support Bill

New Zealand has enacted The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill to support businesses and individuals cope with the COVID-19 outbreak.