Iran is to take forward tax measures to expand its revenue base to 10 percent of gross domestic product, from 7 percent, the International Monetary Fund's latest report for the country says.Read Full Story
China's Deputy Minister of Commerce, Qian Keming, has proposed that the member countries of the Shanghai Cooperation Organization (SCO) – China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan – should establish a free trade agreement (FTA).Read Full Story
Oman's SOHAR Port and Freezone announced recently that it has signed a 35,000 square meter land-lease agreement for a major new copper mill.Read Full Story
The Government of the Philippines has assured taxpayers that it is taking steps to simplify and improve the country's tax system as it comes under increasing pressure to ease the tax burden on businesses and make the tax system more competitive.Read Full Story
US House of Representatives Ways and Means Committee Chairman Paul Ryan has sent a letter to President Barack Obama asking him to clarify whether he intends to waive tax code provisions directed at illicit Iranian behavior.Read Full Story
The International Monetary Fund (IMF) has welcomed Iran's proposed measures to broaden its revenue base away from oil.Read Full Story
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