Oil and Gas News

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

Canadian Tax Regime To Be Enhanced From 2019
by Mike Godfrey, Tax-News.com, Washington
Friday, December 28, 2018
Canada's small business tax rate will be reduced from 10 percent to nine percent from January 1, 2019, as part of a suite of new year tax changes. Read Full Story

UK Announces Digital Tax, Corporate Tax Reforms In New Budget
by Jason Gorringe, Tax-News.com, London
Friday, November 2, 2018
The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses. Read Full Story

Australia Provides Update On International Tax Enforcement
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, April 4, 2018
In comments to the TPMinds International Conference in late March, Deputy Commissioner Mark Konza outlined the Australia Taxation Office's priorities in the area of international tax enforcement, with an especial focus to be placed on the energy and resources sector and pharmaceutical industry. Read Full Story

British Columbia Announces Tax Breaks For Gas Investors
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
British Columbia is to offer a provincial sales tax exemption to a proposed new liquefied natural gas project. Read Full Story

Bahrain Commits To Introducing VAT This Year
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, February 28, 2018
Bahrain has committed to pushing towards the introduction of the Gulf Cooperation Council's value-added tax framework by the end of the year. Read Full Story

Norway Defends Oil Tax Regime
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, February 14, 2018
The Norwegian Government has defended its tax regime for oil exploration against a complaint that it breaches European Economic Area state aid rules. Read Full Story

Indonesia Aiming To Improve Lackluster Tax Take In 2018
by Mary Swire, Tax-News.com, Hong Kong
Thursday, January 4, 2018
Despite failing to achieve revenue collection targets last year, the Indonesian Government has set an ambitious goal for 2018 of boosting collections by 20 percent. Read Full Story

UAE Sets Out Scope Of New 5pc VAT
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, December 13, 2017
The United Arab Emirates Federal Tax Authority on December 5 released tabulated data on what goods and services will be subject to value-added tax at the standard rate, zero rate, or exempt from January 1, 2018. Read Full Story

VW Questions Germany's Diesel Tax Break
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 12, 2017
Matthias Muller, the Chief Executive Officer of German auto giant Volkswagen, has said that tax breaks on diesel fuel would be better spent by the Government on promoting clean energy sources. Read Full Story
Page 1
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Big changes Afoot... »
- I.T. is IT! »
- What Is a Registered Agent, and Why You Need a Registered Agent for Your Business? »
- Spring Cleaning? »
- Brexit and Covid and Tax, Oh My! »
- Why is the Hong Kong startup ecosystem growing rapidly? »
- Happy Holidays? »
- COVID Continues To Capture Headlines »
- Taxing The Zeroes And Ones »
- Value Added News... »