Other News

IRAS Updates GST Guidance On Impending Media Sales Changes
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, January 5, 2022
The Inland Revenue Authority of Singapore has released an update to its goods and services tax guide for the advertising industry. Read Full Story

Singapore To Implement Budget 2021 GST Reforms Unchanged
by Mary Swire, Tax-News.com, Hong Kong
Monday, November 1, 2021
Following a consultation exercise, the Inland Revenue Authority of Singapore has said the territory intends to go ahead with various important goods and services tax regime changes without accepting amendments proposed by stakeholders. Read Full Story

Mauritius Announces New Tax Reliefs In 2021-22 Budget
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, August 6, 2021
Mauritius announced numerous tax relief measures for investors and for wealthy foreign individuals in its newly released Budget. Read Full Story

New Zealand Explains Recent Tax Law Changes
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 15, 2021
The New Zealand Inland Revenue Department has released a new "special report" to provide guidance on changes to real property tax rules and other tax rules that were included in the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021. Read Full Story

Belgium Opens Tax Portal For Company Filings
by Ulrika Lomas, Tax-News.com, Brussels
Monday, February 15, 2021
Belgium's Federal Public Service Finance has announced that businesses may now submit returns through the Belcotax-on-web portal. Read Full Story

OECD Releases 2020 Tax Trends Report
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as a result of the COVID-19 pandemic, according to the OECD's newly released annual Revenue Statistics report. Read Full Story

UK Updates Brexit VAT Guidance For Imported Goods
by Jason Gorringe, Tax-News.com, London
Tuesday, October 20, 2020
On October 5, 2020, the UK tax authority added considerably to its Brexit guidance for businesses on the value-added tax rules that will apply to goods entering Great Britain from outside the UK. Read Full Story

France Enhances COVID-19 Tax-Free Bonus Scheme
by Ulrika Lomas, Tax-News.com, Brussels
Monday, September 14, 2020
The French tax authority has announced that it will modify and extend a scheme that allows employers to pay workers tax-free bonuses. Read Full Story

COVID-19: Austria To Bring Forward Individual Income Tax Cut
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 25, 2020
Austrian Finance Minister Gernot Blumel said on June 16, 2020, that elements of an income tax cut package agreed by the governing coalition earlier this year will be brought forward as part of a post-COVID-19 economic stimulus package. Read Full Story

UAE Adapts Economic Substance Rules To COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, June 25, 2020
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