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Novel Treatment Strategy Developed Against MERS

Highlights: A new treatment strategy against MERS has been developed It uses drugs that regulate a cellular/




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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




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Personalized Cancer Vaccines Could Soon be a Reality

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




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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




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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




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Slowly Increasing Exercise Intensity is Good for the Heart

Highlights: The American Heart Association has published a statement on exercise and heart health It re




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Gut Bacteria can Secrete Carcinogen: Study

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




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Telehealth Well Positioned to Tackle and Contain COVID-19 Outbreak

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




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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




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Latest Study Shows How Indians are Practicing Social Distancing to Fight the Coronavirus

Highlights : Coronavirus cases have crossed over 50,000 in India, despite being under strict lockdown Social distanc




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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.




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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".




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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.




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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.




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Tax-News.com: UK Prime Minister Cancels Corporate Tax Cut

UK Prime Minister Boris Johnson has announced that his party intends to cancel a planned cut to the corporate tax rate, which was scheduled for April 2020.




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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.




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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.




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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.




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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.




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Tax-News.com: Switzerland Announces COVID-19 Plan To Scrap Interest On Tax Arrears

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




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Tax-News.com: Malta Defers Tax Payment Deadlines In Response To COVID-19

In response to the coronavirus outbreak, the Maltese Government has announced deferrals for the payment of a number of taxes.




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Tax-News.com: Argentina Announces COVID-19 Tax Concessions

The Argentine Government has announced a number of tax-related measures in response to the COVID-19 pandemic.




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Tax-News.com: COVID-19: UK Delays Expansion Of Making Tax Digital For VAT

The UK Government has announced that it will delay ramping up its Making Tax Digital project, in light of COVID-19.




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Tax-News.com: COVID-19: Netherlands Announces Extra Tax Help For Small Businesses

On April 2, 2020, the Dutch Ministry of Finance announced that the rules for requesting tax payment deferrals have been simplified and extended to cover additional taxes.




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Tax-News.com: Switzerland To Amend Withholding Tax Act

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.




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Tax-News.com: New Zealand Issues COVID-19 Guidance For Businesses

New Zealand's Inland Revenue Department has set out the range of supports available to businesses in response to the impact of COVID-19.




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Tax-News.com: Saint Kitts And Nevis Announces Another 'Tax-Free' Budget

The Prime Minister of St Kitts and Nevis and Minister of Finance, Timothy Harris, delivered a "tax-free Budget" on December 12, 2019.




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Tax-News.com: Tax Extenders Passed In US Spending Package

On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms.




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Tax-News.com: US State Maryland Considering Digital Advertising Tax

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.




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Tax-News.com: US Agrees To Exchange CbC Reports With Spain

In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports.




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Tax-News.com: Spain Publishes 2018 Tax Compliance Plan

The Spanish tax authority has published its annual tax and customs control plan for 2018, which details the tax compliance and enforcement measures that it intends to undertake in the coming year.




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Tax-News.com: Tax Agencies To Discuss TP Proactively With Willing MNEs

The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing affairs.




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Tax-News.com: New Finland-Spain Tax Treaty Effective 2019

A new tax treaty between Finland and Spain, which will broaden the Finnish Government's taxing rights with respect to pension income, will be effective from 2019, according to the Finnish Ministry of Finance.




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Tax-News.com: Spain's PM Proposes Minimum Corporate Tax Burden

Spanish Prime Minister Pedro Sanchez has pledged to reform Spain's corporate tax rules so that companies pay an effective rate no lower than 15 percent.




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Tax-News.com: Spain To Press Ahead With Digital Tax

The Spanish Government will proceed with a proposal to introduce a digital services tax along similar lines to the European Commission's proposed interim digital tax.




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Tax-News.com: HMRC Focusing On Image Rights Tax Avoidance

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.




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Tax-News.com: EU To Probe Potential Abuses Of Citizenship By Investment Schemes

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states.




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Tax-News.com: EU Takes Action Against Spain Over Rules On Reporting Of Assets

The European Commission is taking Spain to the Court of Justice over the imposition of "disproportionate" sanctions for failure to report assets held abroad.




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Tax-News.com: US Senate Finance Committee Approves Four Treaties

On June 25, 2019, the United States Senate Foreign Relations Committee approved amendments to four double tax avoidance agreements which have been pending in the Senate for several years.




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Tax-News.com: Spain To Press Ahead With Digital Tax

Spain's acting Economy Minister, Nadia Calvino, said the Government will seek approval of legislation to introduce a digital services tax at the earliest opportunity.




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Tax-News.com: EC Investigates Italian Port Tax Exemptions

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.




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Tax-News.com: Spain Legislates For Digital Services Tax

The Spanish Government has published the draft bill to introduce a digital services tax in Spain, beginning the formal parliamentary process needed to introduce the measure.




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Tax-News.com: IoM Announces New Penalties For Incorrect Tax Returns

The Isle of Man is to introduce new penalties for tax return errors from October 6, 2016.




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Tax-News.com: Canada To Introduce New Anti-Avoidance Measures

The Canadian Government has announced the establishment of an independent advisory committee on offshore tax evasion and aggressive tax planning.




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Tax-News.com: IoM To Enhance BO Info Exchange With UK

The Isle of Man Government has committed to enhancing the effectiveness of arrangements to share "beneficial ownership" information with the United Kingdom.




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Tax-News.com: International Support For Beneficial Ownership Info Exchange

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.




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Tax-News.com: IoM: Time Running Out For Tax Amnesty Declarations

The Isle of Man Treasury has warned that time is running out for taxpayers who have failed to declare all their taxable income.




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Tax-News.com: Canada To Ramp Up Efforts Against Tax Evasion

The Canadian Government has said that it will review its tax ruling process and voluntary disclosures program as part of its response to recommendations made last year by a parliamentary committee.




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Tax-News.com: IoM Budget Includes Plan For Bank Tax

The Isle of Man's 2018 Budget maintains the zero percent company tax rate, and announces a banking tax review, which will look at taxing all banking profits at the 10 percent rate from next year.




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Tax-News.com: Isle Of Man To Introduce New VAT Fraud Penalty

The Isle of Man Treasury has announced that a new 30 percent penalty for participation in VAT fraud will be introduced from March 1, 2018.