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Tax-News.com: Luxembourg Issues Guidance On DAC6 Tax Scheme Reporting

Luxembourg's Direct Tax Administration has issued guidance covering various aspects of the European Union sixth Directive on Administrative Cooperation, under which intermediaries are required to report cross-border tax planning arrangements.




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Tax-News.com: German Tax Payment Relief For Airports Approved By EU

The European Commission has approved a broader support package, proposed by authorities in Germany, for German airport operators.




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Tax-News.com: Singapore Adds To Guidance On ICAP Participation

The Inland Revenue Authority of Singapore (IRAS) has issued guidance for taxpayers on accessing the International Compliance Assurance Programme, a voluntary risk assessment and assurance program.




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Tax-News.com: EU Eyeing 2023 Start Date For DAC7

The EU has agreed new rules that will see member states automatically exchange information on income earned by sellers on digital platforms from 2023.




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Tax-News.com: UAE To Allow Loans Secured By Movable Property

The United Arab Emirates has released a new law that would allow businesses to use movable property to secure bank and commercial loans.




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Tax-News.com: Cyprus Extends Deadlines For CbC Reports

Cyprus's Tax Department has announced an extension to the reporting deadline for country-by-country reports for the year 2019 and notifications for the year 2020.




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Tax-News.com: COVID-19: Malta Extends DAC6 Reporting Due Dates

Malta has announced its decision to defer reporting under the EU's sixth Directive on Administrative Cooperation, on tax schemes, for six months.




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Tax-News.com: Colombia Enacts Decree To Support Struggling Firms

The Colombian Government has issued Decree 939 of August 19, 2021, which enables the tax agency to revise an assessment for potentially viable companies that are facing insolvency, where doing so may save the company and jobs.




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Tax-News.com: Singapore To Allow Taxpayers Longer To Report TP Adjustments

The Singaporean Government has announced it will amend provisions on transfer pricing adjustments in the draft Income Tax (Amendment) Bill 2021, which includes measures announced in the 2021 Budget, following a consultation.




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Tax-News.com: France Announces COVID-19 Tax Support For Wine Industry

On May 11, 2020, the French Government presented a COVID-19-related economic support package targeted at the nation's wine industry, which includes relief from social contributions.




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Tax-News.com: France Clarifies Eligibility For COVID-19 Property Tax Reliefs

The French Government has listed the businesses that may exceptionally benefit from a two-thirds reduction in local property tax.




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Tax-News.com: France Expands COVID-19 Tourism Sector Support Scheme

The French Government is extending its COVID-19 financial support package for the tourism sector to various additional business types.




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Tax-News.com: France Allowing Companies Three More Months To Pay Property Tax

France has extended the October 15 property tax payment deadline for businesses affected by measures to contain COVID-19.




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Tax-News.com: France Proposes Additional COVID-19 Support Measures

In two recent speeches, French Finance Minister Bruno Le Maire has outlined plans to extend COVID-19 supports for French businesses.




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Tax-News.com: France Hikes VAT Due On Yacht Charters

The French tax authority has confirmed new rules regarding the calculation of VAT on pleasure yacht charters.




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Tax-News.com: OECD Releases 2020 Tax Trends Report

Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as a result of the COVID-19 pandemic, according to the OECD's newly released annual Revenue Statistics report.




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Tax-News.com: Singapore Expands Business Tax Support Schemes In 2021 Budget

Singapore announced the extension of a number of support measures for businesses in its 2021 Budget, released on February 16, 2021.




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Tax-News.com: OECD Releases Taxing Wages 2020 Report

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019.




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Tax-News.com: Italian Tax Agency Summarizes New COVID-19 Tax Support Measures

On May 21, 2020, the Italian Revenue Agency issued a summary of additional tax measures in Decree 34/2020, which are intended to further support taxpayers affected by the COVID-19 virus.




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Tax-News.com: EU Pressures Italy To End Tax Exemptions For Ports

On December 4, 2020, the European Commission said that Italy must abolish its corporate tax exemptions for ports in order to align its tax regime with EU state aid rules.




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Tax-News.com: OECD Reports Solid Progress On BEPS Action 5 And 14

The OECD/G20 Inclusive Framework on BEPS has published the outcome of more reviews into territories' preferential tax regimes and on tax dispute resolution through the Mutual Agreement Procedure.




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Tax-News.com: OECD Reports Solid Progress On BEPS Action 5 And 14

The OECD/G20 Inclusive Framework on BEPS has published the outcome of more reviews into territories' preferential tax regimes and on tax dispute resolution through the Mutual Agreement Procedure.




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Tax-News.com: Australian Tax Agency Announces Virtual Currency Tax Focus

The Australian Taxation Office has expressed its concern that some taxpayers do not fully understand the tax implications of cryptocurrency gains.




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Tax-News.com: Switzerland Opens COVID-19 Loan Guarantee Scheme For Start-Ups

The Swiss Government has opened the application process for a loan guarantee scheme aimed at helping start-ups facing liquidity problems during the coronavirus outbreak.




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New Smartphone Clip-on can Detect Zika Virus in Blood Samples: Study

Novel device developed can be clipped onto a smartphone to rapidly test for Zika virus in a single droplet of blood, reveal researchers at the University of Illinois Urbana-Champaign.




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Tamil Nadu Plans 1,000 Medical Camps for Dengue Screening Starting October 1

Starting from October 1, the health department of Tamil Nadu will conduct 1,000 medical camps dedicated to screening for medlinkdengue/medlink, said Health Minister Ma Subramanian.




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TN Health Department Launches Dengue Prevention Drive Amid Case Surge

The Tamil Nadu Health Department has launched urgent measures to curb the surge in medlinkdengue/medlink cases in the state (!--ref1--). The




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Bihar Reports 24 New Dengue Cases

In the past 24 hours, Bihar has reported 24 new medlinkdengue/medlink cases, pushing the total count of vector-borne diseases to 299 this year. The




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Tax-News.com: Asia-Pac's Tax Take Dropped, Even Before COVID-19: Report

Tax revenues fell in 2019 in two-thirds of economies across Asia and the Pacific as a result of an economic slowdown prior to the COVID-19 pandemic, according to a new OECD report.




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Tax-News.com: OECD Releases New Action 14 Peer Review Reports

The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution.




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Tax-News.com: Cyprus, US To Begin Exchanging CbC Reports

Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020.




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Tax-News.com: OECD Releases Taxing Wages 2020 Report

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019.




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Tax-News.com: OECD Indicates New Focus On Virtual Currency Tax Issues

The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets.




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Tax-News.com: OECD Releases 2020 Tax Trends Report

Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as a result of the COVID-19 pandemic, according to the OECD's newly released annual Revenue Statistics report.




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Tax-News.com: Belgium Opens Tax Portal For Company Filings

Belgium's Federal Public Service Finance has announced that businesses may now submit returns through the Belcotax-on-web portal.




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Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce.




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Tax-News.com: Irish Businesses Seek Tax Support To Bounce Back From COVID-19

Irish business association Ibec has called for the establishment of a Commission on Taxation, as part of a package of measures to "reboot" the economy after the coronavirus pandemic.




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Tax-News.com: Ireland Releases Stamp Duty Guidance On Related-Party Transactions

The Irish Revenue has updated its guidance on stamp duty to clarify a number of issues related to the conditions for companies to avail themselves of associated companies relief.




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Tax-News.com: EU General Court Quashes Decision Against Apple Tax Rulings

Apple and the Irish Government have been successful in having overturned a European Commission decision that two tax rulings granted to the company by the Irish Government were unlawful.




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Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce.




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Arthritis Drugs may Ward Off Long COVID Symptoms

Common drugs used to treat medlinkrheumatoid arthritis/medlink can relieve long COVID symptoms, suggests a new study led by University of Virginia




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ADHD Medication Shortages Threaten Quality of Life

Research has found that while medications significantly enhance the medlinkquality of life/medlink for individuals with medlinkattention deficit




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From Party Drugs to Healing Tools - The Promise of Psychedelic Therapy!

medlinkPsychedelics/medlink, previously known as dangerous party drugs, are now being explored as addiction treatments, but extensive research is




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Heart Attack Patients Benefit from SGLT2 Inhibitor Empagliflozin

In patients hospitalized for medlinkacute myocardial infarction/medlink (MI), the SGLT2 inhibitor empagliflozin offers significant kidney protection.




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Over 50 Medications Failing Quality Standards: A CDSCO Report

In a recently alarming report, the Central Drug Standards Control Organisation (CDSCO) has bflagged over 50 medications commonly prescribed/b for




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Quality Lapse in Generic Drugs: Alerts Issued by Regulatory Agency

More than 15 generic medications, including injectables and tablets, have been debarred since January by Tamil Nadu Medical Services Corporation (TNMSC).




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India's Pharma and Meditech Exports Soar to 4th Largest Globally

India's pharmaceutical (!--ref1--) and medical technology exports are poised for continued growth, even amid global economic challenges, according to




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Anti-diabetic Drug Improves Heart and Kidney Health in Older Adults

Diabetes drug canagliflozin benefits patients of all ages. While Sodium-glucose cotransporter-2 (SGLT2) inhibitors are known to reduce the risk of heart




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Common Heart Medication, Beta Blockers, May Trigger Depression

A Swedish study has challenged the widespread use of beta-blockers for all heart attack patients. While these medications are commonly prescribed to regulate




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TB Drug Shortage in India: Can India Achieve Its Goal of Eradicating TB by 2025

Highlights: India faces a severe shortage of critical tuberculosis (TB) drugs, including those needed to combat dru