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Tax-News.com: Macau To Sign OECD Multilateral Information Exchange Treaty

Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information.




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Tax-News.com: China Pledges Tax Support For 'Belt And Road Territories'

The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions.




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Tax-News.com: Global Carbon Tax Take Up 50 Percent In 2017

Governments raised about USD33bn in carbon pricing revenue last year, a 50 percent increase from 2016, according to a new update by the World Bank.




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Tax-News.com: First Tax-Deferred Pension Scheme Launched In China

China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China.




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Tax-News.com: At UN General Assembly, OECD Urges Global Carbon Tax Action

Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure.




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Tax-News.com: OECD Seeks Feedback On Dispute Resolution In Ten Jurisdictions

The OECD has requested stakeholders' input on the dispute resolution processes in place in Andorra, Anguilla, Bahamas, Bermuda, the British Virgin Islands, the Cayman Islands, the Faroe Islands, Macau (China), Morocco, and Tunisia.




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Tax-News.com: OECD Releases Eight New Action 14 Peer Reviews

The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution.




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Tax-News.com: Eight States' Tax Transparency Frameworks Reviewed

The OECD Global Forum has released eight peer review reports, for Brunei, Macau, Switzerland, Barbados, the Seychelles, Liberia, Peru, and Tunisia, on the jurisdictions' efforts to adopt and comply with international tax standards on transparency and the exchange of tax-related information on request.




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Ritalin Directs Brain to Fix Attention on Benefits of Work

Ritalin and similar medications, commonly prescribed to patients with attention deficit hyperactivity disorder, also used by healthy people as a "study




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Sanofi Offers Promising Drug to Combat COVID-19

French pharmaceutical company Sanofi is ready to offer the French authorities, millions of doses of Plaquenil containing hydroxychloroquine, to treat




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FDA-approved Drugs Help Fight Coronavirus

Drugs approved by U.S. Food and Drug Administration (FDA) may hold promise in fighting the new infection known as coronavirus disease 2019 (COVID-19), stated UTSW scientists.




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WHO Trial Assesses 4 Most Potential Drugs to Fight COVID-19

WHO has announced a global trial named 'SOLIDARITY' to identify if any drug can treat infection caused by the novel coronavirus (COVID-19). The trial,




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Chloroquine Poisoning Reported in Three Nigerians

The government of Nigeria has issued a warning over the use of chloroquine to treat COVID-19, after three people got overdosed, and hospitalized due to poisoning.




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Cannabinoids to Treat Acute Pain: Study

There is low-quality evidence indicating that cannabinoids may be a safe alternative for a small but significant decline in subjective pain score when treating acute pain, reports a new study.




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Cannabis can Help Fight Resistant Bacteria

Combination of cannabidiol (CBD) and bacitracin (BAC) can help in the treatment of infections with antibiotic-resistant Gram-positive bacteria. The findings




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Approach for Patients at Risk of Medication-induced Cardiac Death in COVID-19

Medications being used to treat COVID-19 are known to cause prolongation of the QTc in some people. The QTc is an indicator of the health of the heart's electrical recharging system.




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Solution to Life-threatening Side Effect Identified

Paracetamol, the commonly used painkiller, when administered intravenously, lowers blood pressure. The mechanism underlying this dangerous side effect has been identified.




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Aspirin a Day Does Not Keep Dementia at Bay, Says Study

Daily dose of aspirin provided no benefit to study participants at either preventing dementia or slowing cognitive decline, stated study published in




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Investigational Drug to Prevent Heart Disease May Treat Ovarian Cancer

Ovarian cancer cells become detached from their point of origin and shift using fats as an energy source, according to Benjamin Bitler, PhD, and CU Cancer




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COVID-19 and Angiotensin Medications: New Insights

Heart and kidney patients should keep taking their drugs as inaccurate medical information has flooded social media and other channels, advised researchers.




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Ticagrelor Alone Provides Benefit in Diabetic Patients

Diabetic patients who stopped using aspirin three months post insertion of a coronary stent and then took the anti-platelet drug ticagrelor alone for




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Rivaroxaban Better in Preventing Blood Clots After Ortho Surgeries

Rivaroxaban lowers the chance of serious thromboembolism more in people recovering from orthopedic surgery requiring immobilization compared to Enoxaparin,




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Vericiguat Drug may Improve Outcomes in Patients with Worsening Heart Failure

An investigational drug vericiguat offers new hope for patients with worsening heart failure, reports a new study. Patients with worsening heart failure




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Diabetes Drugs Effective in Reducing Heart, Kidney Disease

Two types of diabetes drugs namely SGLT2 inhibitors and GLP-1 drugs were effective in reducing heart complications including stroke, heart attack, and




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Teprotumumab, First FDA-approved Drug for Thyroid Eye Disease Proves Effective

Regardless of patient gender, age or smoking status, teprotumumab, the first FDA-approved drug for thyroid eye disease, provides significant improvement




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Patients Taking Certain Steroids at High Risk for COVID-19

Asthma, allergy, arthritis patients using glucocorticoids on a routine basis are at high risk of getting infected with coronavirus, according to a new




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COVID-19 Vaccine Candidate Shows Promise

A potential new vaccine against SARS-CoV-2, the new coronavirus causing the COVID-19 pandemic has been announced by University of Pittsburgh School of Medicine scientists.




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Rotavirus Vaccine May Protect Children Against COVID-19

Scientists are exploring rotavirus to develop a vaccine that will protect children against COVID-19. As the COVID-19 pandemic continues its global spread, vaccine development is on everyone's mind.




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Modifying Anti-cancer Drugs Helps Kill More Cancer Cells

Structural and biochemical differences among anticancer medications PARP inhibitors were linked to differing capacities to kill cancer cells, according




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Less Expensive, More Effective Pneumonia Vaccines are Tested in Humans, Says Study

A new pneumonia vaccine that is more effective and less expensive than those currently used in Brazil is being tested in human patients, said researchers




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Antiviral Heading to Trial Offers Hope for COVID-19 Patients

EIDD-2801, the new antiviral drug shows promise in reducing lung damage. Testing in mice is completed and it will soon enter to human clinical trials.




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Newer Drug Reduces Pulmonary Complications

Improved outcomes of newer drug in some patients could be due to a more complete reversal of the effects of muscle relaxants used during surgery. The




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Life-threatening Side Effects of Hydroxychloroquine Revealed

Hydroxychloroquine shows weak evidence of its effectiveness against coronavirus in the new study. The drug has been identified by the US Food and




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Convalescent Plasma to Help Combat COVID-19

Scientists are working to collecting and using convalescent plasma to develop a passive immunization program to treat patients hospitalized for COVID-19.




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People Buying Paracetamol Will Now be Identified

Kanpur administration has directed all pharmacies to register the name, address and contact number of people buying paracetamol or medicines for cough, cold and fever or breathing problems.




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BCG Vaccine May Not Protect Against COVID-19: WHO

BCG vaccine may not prevent infection with the novel coronavirus, according to the World Health Organization (WHO). The WHO therefore didn't recommend




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Remdesivir Targets a Vital Enzyme of Coronavirus

Remdesivir is highly effective in stopping the replication of coronavirus, according to new research published in the iJournal of Biological Chemistry/i by scientists at the University of Alberta.




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Aspirin Reduces Bowel Cancer Risk

Aspirin was found to be associated with reduction in the risk of several cancers of the digestive tract, stated new study. The largest and most comprehensive




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New Drug Downs The Spread of Influenza Causing Virus

Baloxavir with trade name Xofluza, is the first treatment for influenza with a new mechanism of "action" to be licensed in around 20 years. It was already




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Medication Needs of Masses Changes Due to COVIDd-19

The pandemic has suddenly changed the medication needs of masses with a clear preference being shown for respiratory, anti-diabetic, cardiac therapies.




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Lopinavir/ritonavir, Arbidol Can't Treat COVID-19 Adults

No drug improves the clinical outcome of patients hospitalized with mild-to-moderate COVID-19 over supportive care, according to the study in iMed/i, a new medical journal published by Cell Press.




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New Malaria Vaccine Candidate Revealed

A promising new strategy for combating malaria, a mosquito-borne parasite that claims nearly a half-million lives each year has been discovered by researchers.




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Study Sheds Light on Action of Key Tuberculosis Drug

New study has shed light on how an important front-line ethambutol drug kills the tuberculosis bacterium. The study has been conducted by University of Birmingham scientists.




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Chronic Use of Corticosteroids Increases Adrenal Gland Inflammation

Synthetic corticosteroid drugs, when used for prolonged duration of time, increase adrenal gland inflammation in response to bacterial infection. Synthetic




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Knowledge on Asthma Medications Improve Future Treatment

X-ray CT scanning helps to quantify the tiny microstructures of individual particles from the drug products used for asthma at the nano-scale, according




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New Drug Formulation Effectively Treats Candida Infections

Candidiasis treatment could be improved using new drug formulation. Specific chemical signal released from a bacterium can be used to improve the activity




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Diabetes Drugs Protect Against Serious Kidney Problems

Sodium glucose cotransporter 2 (SGLT2) inhibitors which are primarily used to treat type 2 diabetes were found to lower the risk of serious kidney problems, revealed study published in The BMJ.




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Recent Review Casts Doubt on Use of Chloroquine and Hydroxychloroquine for COVID-19 Patients

The new review has described the growing skepticism regarding adoption of chloroquine and hydroxychloroquine for COVID-19 patients. The review is published in FASEB journal.




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Antiviral Drug Remdesivir Offers New Hope for COVID-19 Patients

The US Food and Drug Administration (FDA) has given Emergency Use Authorization (EUA) for the experimental remdesivir (anti-viral medication) to treat COVID-19 patients.




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PCSK9 Inhibitor With Statin Does Not Cause Loss in Memory, Mental Skills in High-risk Patients: Study

In heart disease patients, taking evolocumab in addition to a statin to achieve extremely low levels of cholesterol do not show higher incidence of neurocognitive