On January 4, the Department of Commerce announced its final decision that, while Indian manufacturers/exporters have not dumped the same products into the United States at less than fair value, it will impose anti-subsidy countervailing duties on the imports of certain new pneumatic off-the-road tires.Read Full Story
The International Monetary Fund has welcomed Sri Lanka's new Inland Revenue Act, due to be introduced early next year, saying that it should boost tax revenues and improve tax administration.Read Full Story
Sri Lanka's headline value-added tax rate rose from 11 percent to 15 percent on November 1. 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
The price of foreign goods sold to British consumers after the UK leaves the European Union could be as much as 27 percent higher as a result of new trade taxes, the British Retail Consortium has said.Read Full Story
The Sri Lankan Inland Revenue Department has introduced an e-filing service for value-added tax returns. Read Full Story
IMPORTANT NOTICE: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All rights reserved. © 2017 Wolters Kluwer