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goods and services tax (GST) News




Australian High Court Allows Use Of Leaked Data In Tax Probes

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

Thursday, August 22, 2019

The Australian Taxation Office has welcomed a significant ruling from Australia's High Court, which enables the tax agency to use information obtained from data leaks, even if leaked from a law firm. Read Full Story

 


Australia May Make Directors Liable For Unpaid GST In Folded Companies

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

Thursday, August 22, 2019

Legislation before Australia's parliament would make company directors liable for a failed company's GST liabilities in certain circumstances. Read Full Story

 


NZ Issues Guidance On Fixing Errors In Tax Submissions

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

Thursday, July 25, 2019

New Zealand's Inland Revenue Department has released a new standard practice statement to explain when and how the Commissioner will exercise discretion in amending a taxpayer's assessment to ensure correctness. 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

 


India's GST Council Agrees Overhaul Of GST Returns

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

Friday, July 5, 2019

During its 35th meeting, India's GST Council approved changes to GST filing requirements and deadlines, and approved the introduction of an electronic invoicing system, Read Full Story

 


New Zealand Tweaking GST Rule Changes For Offshore Suppliers

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

Thursday, June 13, 2019

New Zealand's Finance and Expenditure Committee has recommended changes to legislation that would introduce a new requirement for offshore suppliers to collect GST on low-value goods supplied to New Zealand-based consumers. Read Full Story

 


NZ To Reform GST Rules On Telecoms In Next Budget

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

Tuesday, May 21, 2019

New Zealand has confirmed that it will formally announce a proposal to reform the goods and services tax rules for telecommunications services in the upcoming Budget, to bring them in line with the current treatment of other remote services and international standards. Read Full Story

 


New Zealand Rules Out Capital Gains Tax

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

Monday, April 29, 2019

New Zealand's Prime Minister, Jacinda Ardern, has announced that the Government intends to not adopt the Tax Working Group's recommendation on creating a broad capital gains tax. Read Full Story

 


India Introduced GST Changes On April 1

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

Friday, April 5, 2019

A number of goods and services tax regime amendments, intended to simplify compliance for traders, became effective in India from April 1, 2019. Read Full Story

 


Australia Toughens Tax Rules For Procurement Bids

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

Friday, April 5, 2019

The Australian Government is to implement a new government procurement process that will require the tenderer's tax record to be taken into account. Read Full Story

 

 

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