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New Zealand Proposing GST Exemption For Crypto-Assets

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

Tuesday, March 17, 2020

New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime. Read Full Story

 


US IRS Updates Virtual Currency FAQs

by Mike Godfrey, Tax-News.com Washington

Wednesday, January 15, 2020

The United States Internal Revenue Service has recently updated its list of frequently asked questions and answers on the tax treatment of transactions involving virtual currencies. Read Full Story

 


Singapore Announces Plans For GST Reforms

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

Friday, November 8, 2019

Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies. Read Full Story

 


Warren Announces US Corporate Tax And Wealth Tax Plans

by Mike Godfrey, Tax-News.com Washington

Friday, November 8, 2019

On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. Read Full Story

 


IRS Expands Virtual Currency Tax Guidance

by Mike Godfrey, Tax-News.com Washington

Friday, October 11, 2019

On October 9, 2019, the United States Internal Revenue Service issued two new pieces of guidance for taxpayers who engage in transactions involving virtual currency. Read Full Story

 


Philippines House Passes Financial Services Tax Reforms

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

Friday, September 13, 2019

The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income. Read Full Story

 


Brazil Requires Disclosure Of Cryptocurrency Trades

by Mike Godfrey, Tax-News.com, Washington

Friday, September 13, 2019

Brazilian virtual currency users, traders, and exchanges are required to disclose details of significant transactions for the first time. Read Full Story

 


Filipino Financial Services Tax Reforms Clear First Hurdle

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

Friday, August 30, 2019

The Philippines' House Committee On Ways and Means has approved a Bill that would overhaul the rates in place on financial services and passive income. Read Full Story

 


Singapore To Exempt Virtual Currency Transactions From GST

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

Tuesday, July 16, 2019

On July 5, 2019, Singapore's tax agency released a draft guide that includes proposals for more favorable GST rules for virtual currencies. Read Full Story

 


Barbados To Slash PIT Rates Through Indirect Tax Grab

by Mike Godfrey, Tax-News.com, Washington

Monday, April 15, 2019

Barbados's 2019 Budget includes proposals to remove VAT input tax credits for various supplies, reform the personal income tax regime, and generate more revenues from property taxes and the gaming sector. Read Full Story

 

 

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