Indonesian Lawmakers Approve Tax Reform Plans

by Mary Swire, Tax-News.com, Hong Kong

Last updated 38 hours ago | Monday, October 18, 2021

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, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax.Read Full Story

Belt And Road Forum Agrees Digital Tax Admin Agenda

by Mary Swire, Tax-News.com, Hong Kong

Monday, October 4, 2021

China has set out the priorities of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Council over the next five years, at the 36-country grouping's second forum.Read Full Story

China's New Urban Maintenance And Construction Tax Law In Force

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, September 15, 2021

China's Ministry of Finance and the State Administration of Taxation have issued a statement announcing tax relief from the Urban Maintenance and Construction Tax.Read Full Story

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

by Mary Swire, Tax-News.com, Hong Kong

Friday, August 6, 2021

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.Read Full Story

China Halves Corporate Tax For Smallest Businesses

by Mary Swire, Tax-News.com, Hong Kong

Thursday, April 15, 2021

Chinese authorities have announced enhanced temporary tax breaks for small businesses. Read Full Story

Eight States' Tax Transparency Frameworks Reviewed

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

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.Read Full Story

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