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corporation tax News

Ireland Studies Potential Drop In Record High CIT Receipts

by Jason Gorringe,, London

Friday, October 18, 2019

A reversal of recent surges in corporate tax receipts could hit tax revenues and affect the Ireland's longer-term economic position, according to analysis released by the Irish Finance Department. Read Full Story


Switzerland Welcomes Removal From EU Tax Grey List

by Ulrika Lomas,, Brussels

Friday, October 18, 2019

The Swiss Government has welcomed Switzerland's removal from the EU's list of non-cooperative tax jurisdictions, and said that the country meets and implements international tax standards. Read Full Story


India Announces 22pc Corporate Tax Rate

by Mary Swire,, Hong Kong

Friday, September 27, 2019

The Indian Government on September 20, 2019, announced that it will reduce the rate of corporate tax to 22 percent, from 30 percent. New domestic manufacturing ventures will benefit from a 15 percent rate. Read Full Story


Singapore Reports On Tax, Compliance Work

by Mary Swire,, Hong Kong

Thursday, September 5, 2019

The Inland Revenue Authority of Singapore (IRAS) has reported that revenues increased by 4.4 percent in the 2018-2019 fiscal year, in its annual report for the year. Read Full Story


Ireland Issues E-Brief On Mergers And Divisions

by Jason Gorringe,, London

Thursday, August 22, 2019

The Irish Revenue has published guidance on the tax compliance obligations that arise from mergers and divisions. Read Full Story


OECD's Digital Tax Work Has Broad Ramifications For Ireland

by Jason Gorringe,, London

Thursday, August 22, 2019

As a small open economy, Ireland may be affected significantly by the OECD's proposals to modify how taxing rights are allocated among countries, Irish business association Ibec has said. Read Full Story


Kosovo's New Corporate Income Tax Law In Force

by Mary Swire,, Hong Kong

Thursday, August 8, 2019

Kosovo's new corporate income tax law has entered into force and is effective from January 1, 2019. Read Full Story


Hong Kong Issues New Guidance On Foreign Tax Credits

by Mary Swire,, Hong Kong

Thursday, July 25, 2019

Hong Kong's Inland Revenue Department has released new guidance notes on the deduction of foreign taxes. Read Full Story


G7 Backs OECD In Push For Global Digital Tax Response

by Ulrika Lomas,, Brussels

Thursday, July 25, 2019

G7 finance ministers have said that there is an urgent need to address the tax challenges posed by the digitalization of the economy. Read Full Story


Ecuador Eases Schedule For Advance Corporate Tax Payments

by Mike Godfrey,, Washington

Thursday, July 25, 2019

Ecuador has legislated to revise advance corporate income tax payment requirements, providing that tax can be paid over five months, with the full balance paid up to two months later than previously. Read Full Story



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