News

2021-11-01 02:00:00

Tax-News.com: UK Announces Tax Breaks For Businesses In 2022 Budget

With the UK corporate tax rate set to rise 25 percent from April 2023, the UK Government has announced various tax proposals that are...

2021-11-01 02:00:00

Tax-News.com: Singapore To Implement Budget 2021 GST Reforms Unchanged

Following a consultation exercise, the Inland Revenue Authority of Singapore has said the territory intends to go ahead with various...

2021-11-01 02:00:00

Tax-News.com: Hong Kong To Amend Tax Rules For Foreign-Source Passive Income

The Hong Kong Government has issued a statement committing to amend its tax law with regards the tax exemption for foreign source passive...

2021-10-18 03:00:00

Tax-News.com: Indonesian Lawmakers Approve Tax Reform Plans

Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate,...

2021-10-04 03:00:00

Tax-News.com: EU Seeks Input On New Withholding Tax Directive

On September 28, 2021, the European Commission launched a consultation on a proposed Directive that would obligate member states to...

2021-10-04 03:00:00

Tax-News.com: Belt And Road Forum Agrees Digital Tax Admin Agenda

China has set out the priorities of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Council over the...

2021-10-04 03:00:00

Tax-News.com: Netherlands Announces 'Modest' 2022 Budget

The Dutch Government has announced changes aimed at improving the tax system in its 2022 Tax Plan, released on September 21.

2021-09-15 03:00:00

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)...

2021-09-15 03:00:00

Tax-News.com: EU To Table A Digital Tax Proposal In October

The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement...

2021-09-15 03:00:00

Tax-News.com: China's New Urban Maintenance And Construction Tax Law In Force

China's Ministry of Finance and the State Administration of Taxation have issued a statement announcing tax relief from the Urban...

2021-08-25 03:00:00

Tax-News.com: US Lawmakers Approve New Cryptoassets Reporting Rules

The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in...

2021-08-25 03:00:00

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...

2021-08-25 03:00:00

Tax-News.com: Hong Kong Discusses US Termination Of Shipping Tax Pact

The Hong Kong Government has said it is looking at potential measures to support the shipping industry following the decision by the US...

2021-08-10 03:00:00

Tax-News.com: Indonesia To Shoulder Retailers' VAT On Rental Costs

The Indonesian Government has legislated to shoulder the value-added tax liability of retail businesses on rent and service charges due...

2021-08-06 03:00:00

Tax-News.com: Mexico Publishes Second Report On Industry-Average Tax Burdens

On August 1, 2021, Mexico's federal tax authority released a second report on the effective corporate tax paid by large businesses in...

2021-08-06 03:00:00

Tax-News.com: Thailand Explains New VAT Rules For B2C Electronic Services

Thailand's Revenue Department has released new English-language guidance on the value-added tax rules for business-to-consumer supplies...

2021-08-06 03:00:00

Tax-News.com: Hong Kong Sets Out Response To Int'l Tax Reform Plans

Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, has set out how the territory intends to respond...

2021-08-06 03:00:00

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...

2021-08-06 03:00:00

Tax-News.com: Wyden Takes Aim At US Pass-Through Income Tax Break

Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income...

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