Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force.

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.

The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers.

Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment.

Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan.

Switzerland's country-by-country reporting regime meets international standards and the country effectively exchanges the reports it receives with other countries, an OECD peer review has concluded.

The Swiss Government on September 20, 2019, announced that it has exchanged instruments of ratification with the United States to bring into force a Protocol to their double tax agreement.

The Swiss Government has published guidance on the legislation that brings into force the recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions.

Switzerland is to amend its domestic framework for the automatic exchange of information, in line with recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

On November 25, 2019, Switzerland and Bahrain signed a double tax agreement that caps maximum withholding tax rates and provides for the exchange of information.

Switzerland has released a report on its efforts to resolve tax disputes, noting that the average time to complete mutual agreement procedure cases was 13 months in 2018, significantly below that required under the BEPS minimum standards.

Liechtenstein and Switzerland have agreed a new cooperation pact in the area of value-added tax administration and enforcement.

Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia.

The Swiss Government has announced that it will waive interest on late payments of tax, to allow companies to delay their tax payments.

The Swiss Federal Council has launched a consultation on proposals to close what it says is a loophole in the withholding tax system, in a bid to strengthen the country's debt market.

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.

The UAE's Federal Tax Authority (FTA) has changed the deadline for firms preparing to file a VAT return for the first time.

Businesses registered for the United Arab Emirates's value-added tax need to complete a four-step online procedure to file their tax returns, the Federal Tax Authority has said.

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

The first quarterly value-added tax filing deadline of April 29 is fast approaching in the United Arab Emirates, with more than 90,000 taxpayers said to be affected.

The UAE's Cabinet has announced that wholesale trading in gold and diamonds will be made exempt from value-added tax.

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

The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions.

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

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.

Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home.

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.

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.

The EU's new free trade agreement with Japan, finalized by negotiators from both sides on December 8, 2017, has been described as the European bloc's most comprehensive yet.

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."

Japan's ruling Liberal Democrat Party has approved a tax reform package that will cut corporate rates for companies who increase employee wages.

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

Australia's free trade agreements are being widely used by Australian businesses, according to a new report commissioned by the Government.

The fifth round of tariff cuts under the Japan-Australia Economic Partnership Agreement have entered into force.

The US Internal Revenue Services has released its annual report on the number of advance pricing agreements and applications and made during the 2017 calendar year.

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.

The EU and Japan have signed an Economic Partnership Agreement that will remove the majority of the EUR1bn (USD1.2bn) of duties paid annually by EU companies exporting to Japan.

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.

Highlights: Healthy sleep patterns can reduce the risk of cardiovascular diseases (CVD) These sleep pat

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

Highlights: The Ministry of Health and Family Welfare has proposed changes to the drugs and cosmetics

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

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

Highlights: In India, the concept of brain death has been closely linked with organ donation In the ca

Highlights: Leading a healthy lifestyle could prolong the lifespan of men and women It could also

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

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

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

Highlights: Quitting smoking at any age significantly reduces the risk of lung cancer Healthy lung cell