India Gazettes Law For Budget Tax Changes

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

Thursday, August 8, 2019

India has published in its Official Gazette legislation to give effect to tax announcements in the 2019-20 Budget. Read Full Story

Georgia To Harmonize VAT Law With EU VAT Directive

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Georgia's Ministry of Finance has launched a new consultation on value-added tax amendments that are intended to align Georgia's value-added tax law with EU VAT law provisions. Read Full Story

LLB-Switzerland Signs US Non-Prosecution Agreement

by Mike Godfrey, Tax-News.com, Washington

Thursday, August 8, 2019

On August 5, 2019, the US Department of Justice announced that Swiss bank LLB Verwaltung (Switzerland) AG has agreed to pay a penalty of USD10.6m to resolve a case in which it was accused of helping US clients to conceal income. Read Full Story

Korea To Ease Tax Rules For Exporters To Japan

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

Thursday, August 8, 2019

South Korea's Government has announced that it will provide tax relief to small and medium size businesses that have been affected by Japan's decision to remove 159 South Korea products from its export "white list." Read Full Story

Oman Says VAT Not On The Backburner

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay. Read Full Story

Italy Finalizes Rules For New Patent Box Regime

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Italy's tax agency on July 30, 2019, published a definitive version of the rules for the operation of the country's patent box regime. Read Full Story

Singapore Issues GST Form Instructions For Reverse Charge Supplies

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

Thursday, August 8, 2019

The Inland Revenue Authority of Singapore (IRAS) has released new guidance for GST-registered persons on the completion of new boxes in the GST F5 return from next year. Read Full Story

Mauritius Gazettes Budget Tax Measures

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019. Read Full Story

Austria To Introduce New Angel Investor Tax Breaks

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The European Commission has approved an Austrian tax incentive for mid-sized business financing companies. Read Full Story

Gibraltar Adopts EU Dispute Resolution Rules

by Jason Gorringe, Tax-News.com, London

Thursday, August 8, 2019

Gibraltar has enacted new regulations to transpose the EU's new tax dispute resolution mechanisms, set out in EU Council Directive 2017/1852, into Gibraltar's domestic tax law. Read Full Story

Greece Warned On Tax Rules Concerning Foreign Losses

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The European Commission has urged Greece to align its rules regarding the limited deductibility of foreign losses. Read Full Story

UK To Proceed With Plans For Plastics Tax

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The UK Government has confirmed that it will proceed with its plans to introduce a plastics packaging tax. Read Full Story

• 23/07/2019 IRS's New Enforcement Initiatives Are Aimed At Individuals »
• 23/07/2019 G7 Backs OECD In Push For Global Digital Tax Response »
• 19/07/2019 US Senate Approves Changes To Four Double Tax Pacts »
• 18/07/2019 Slovenia To Launch VAT Probe Into Consignees »
• 18/07/2019 Polish Government Approves Income Tax Cut For Low Earners »
• 16/07/2019 Seychelles Seeks Input On Corporate Tax Regime Overhaul »
• 12/07/2019 Singapore To Exempt Virtual Currency Transactions From GST »
• 11/07/2019 Malaysia Explains New Cap On Interest Expense Deductions »
• 03/07/2019 EU Agrees Largest Ever Trade Deal, With Mercosur Bloc »
• 03/07/2019 Brazil Removes San Marino From Tax Haven List »
• 03/07/2019 Ireland Consults On Future Of Two Tax Reliefs »
• 03/07/2019 New EU Dispute Resolution Rules Enter Into Force »
• 03/07/2019 Sweden To Make Marketplaces Liable For Evaded VAT »
• 02/07/2019 Zambia Delays VAT Again, Until September »
• 27/06/2019 Hungarian Lawmakers To Decide On Tax Cuts Plan »
• 26/06/2019 Canada Ratifies BEPS MLI »
• 19/06/2019 Mauritius Overhauls Tax Regime In 2019-20 Budget »
• 19/06/2019 Bolivian Tax Amnesty To Close June 28 »

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