environment News

Singapore Expected To Hike Carbon Tax In 2022 Budget

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

Thursday, January 20, 2022

Singapore's Minister of Finance has said Singapore will set out plans to hike its carbon tax in the 2022 Budget. Read Full Story

EU Finance Ministers Agree Landmark VAT Rate Rule Changes

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 5, 2022

EU finance ministers have agreed an update to the rules governing value-added tax rates for goods and services. Read Full Story

Hong Kong To Amend Tax Rules For Foreign-Source Passive Income

by Jason Gorringe, Tax-News.com, London

Monday, November 1, 2021

The Hong Kong Government has issued a statement committing to amend its tax law with regards the tax exemption for foreign source passive income from 2023, to ensure the territory does not end up placed on the EU's tax blacklist of non-cooperative territories. Read Full Story

Netherlands Announces 'Modest' 2022 Budget

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 4, 2021

The Dutch Government has announced changes aimed at improving the tax system in its 2022 Tax Plan, released on September 21. Read Full Story

US Lawmakers Approve New Cryptoassets Reporting Rules

by Mike Godfrey, Tax-News.com, Washington

Wednesday, August 25, 2021

The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in cryptocurrency trading to report details about transactions. Read Full Story

Hong Kong Enhances Tax Rules For Amalgamations

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

Wednesday, June 9, 2021

Hong Kong's Legislative Council has passed a bill to implement a series of amendments to the Inland Revenue Ordinance. Read Full Story

Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 12, 2021

Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion. Read Full Story

MEPs Call For EU Carbon Border Adjustment Mechanism

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 15, 2021

Lawmakers sitting on an EU parliament climate committee have called for the introduction of a carbon border adjustment mechanism. 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

France To Cut Business Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 5, 2020

French Minister of Finance Bruno Le Maire presented the 2021 Finance Bill to parliament on September 28, 2020, which includes provisions to reduced taxes on production and plans to reduce the corporate tax rate next year. Read Full Story

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