India News

OECD Releases E-Commerce VAT Toolkit For Asia-Pac States

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 21, 2022

On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Read Full Story

Indonesian Lawmakers Approve Tax Reform Plans

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

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

India Hikes Threshold For Country-by-Country Reporting

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

Thursday, April 15, 2021

India has enacted legislation to hike the turnover threshold for filing a country-by-country report. Read Full Story

US Businesses Urge Against Starting A Digital Tax 'Trade War'

by Mike Godfrey, Tax-News.com, Washington

Friday, July 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses. Read Full Story

US Withdraws From International Digital Tax Talks

by Mike Godfrey, Tax-News.com Washington

Friday, July 3, 2020

US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Read Full Story

India Announces More COVID-19 Measures

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

Thursday, May 28, 2020

On May 13, 2020, the Indian Government announced new tax relief measures and administrative concessions. Read Full Story

Netherlands Sets Out 2020 Tax Treaty Goals

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 27, 2020

On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020. Read Full Story

Indian Authorities To Collaborate On Tackling GST Refund Fraud

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

Monday, January 27, 2020

Local authorities in India have been instructed to draw up lists of taxpayers that have filed fraudulent or potentially fraudulent requests for input tax credits and where appropriate share this information with other state authorities. Read Full Story

Tax Experts Have Helped Developing Countries Net USD500m In Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

The international community has made important progress in improving developing countries' ability to tax multinational enterprises and boost domestic revenue mobilization, says the annual report for the initiative Tax Inspectors Without Borders. Read Full Story