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Finance News




Philippines Aiming To Finalize Tax Reform By End Of October

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

Tuesday, September 4, 2018

Benjamin Diokno, the Philippines' Budget and Management Secretary, says the Government should secure the passage of all the remaining comprehensive tax reform bills within the next two months. Read Full Story

 


Filipino Bill Would Extend Corporate Tax Perks For Schools, Hospitals

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

Friday, August 17, 2018

Filipino non-profit private schools and hospitals that adhere to high standards will continue to enjoy a corporate tax rate of 10 percent if a bill before the House of Representatives is adopted. Read Full Story

 


Pakistani Tax Amnesties Extended Until July 31

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

Monday, July 9, 2018

Pakistan's Government has approved a one-month extension to tax amnesties for companies and individuals, which were due to end on June 30, 2018. Read Full Story

 


OECD Welcomes Dutch Efforts To Counter BEPS

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

The OECD has welcomed efforts by the Dutch Government to tackle base erosion and profit shifting but called for the overall tax regime to be simplified, including in area of value-added tax. Read Full Story

 


Switzerland To Exchange First Swiss CbC Reports In June

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

Thursday, June 21, 2018

Switzerland is preparing to exchange multinational groups' country-by-country reports with 35 partner states at the end of June. Read Full Story

 


Netherlands To Champion EU VAT Law Change For Cost-Sharing Groups

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 14, 2018

The Dutch Ministry of Finance has reassured taxpayers that it seeking to resolve at EU level reform of the EU's value-added tax rules concerning cost-sharing groups, following the European Court of Justice's rulings in DNB Banka (Case C-326/15) and Aviva Towarzystwo (Case C 605/15). Read Full Story

 


Irish Corporate Tax Reform Pushed By MPs, To Shore Up Tax Base

by Jason Gorringe, Tax-News.com, London

Thursday, June 14, 2018

The highly concentrated nature of Ireland's corporation tax receipts represents "an unacceptable level of risk," according to parliament's Public Accounts Committee. Read Full Story

 


Tax Regime Overhaul Announced In Barbados

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes. Read Full Story

 


Peru Ratified OECD's Multilateral Tax Convention

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

Peru has completed the necessary steps to become a party to the OECD Multilateral Convention on Mutual Assistance in Tax Matters and also the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Read Full Story

 


Italy Launches Digital Tax Consultation

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

Italy's Ministry of Finance is seeking stakeholders' feedback on whether to support the EU's digital tax plans, and in particular its proposal for an "interim tax" on otherwise untaxed turnover earned by certain digital economy firms. Read Full Story

 

 

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