Indonesian Lawmakers Approve Tax Reform Plans

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

Monday, October 18, 2021

Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax. Read Full Story

EU Seeks Input On New Withholding Tax Directive

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 4, 2021

On September 28, 2021, the European Commission launched a consultation on a proposed Directive that would obligate member states to introduce the same rules regarding withholding tax on dividend and interest payments. Read Full Story

Belt And Road Forum Agrees Digital Tax Admin Agenda

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

Monday, October 4, 2021

China has set out the priorities of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Council over the next five years, at the 36-country grouping's second forum. 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

Wyden Takes Aim At US Pass-Through Income Tax Break

by Mike Godfrey, Tax-News.com, Washington

Friday, August 6, 2021

Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income introduced into US tax law in 2017. 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

Australian Tax Agency Announces Virtual Currency Tax Focus

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

Wednesday, June 9, 2021

The Australian Taxation Office has expressed its concern that some taxpayers do not fully understand the tax implications of cryptocurrency gains. Read Full Story

Singapore Issues Corporate Tax Return Filing Guidance

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

Wednesday, June 9, 2021

The Inland Revenue Authority of Singapore has released guidance for companies on filing a corporate income tax return this year. Read Full Story

Philippines To Complete Tax Incentives Review By Early May

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

Monday, April 26, 2021

The Philippines Department of Finance has announced that the Fiscal Incentives Review Board (FIRB) will complete the implementing rules and regulations for the corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by the third week of May. Read Full Story

Belgium Gazettes Law For Tax On Securities Accounts

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 3, 2021

Belgium has published in its Official Gazette legislation to introduce the country's new tax on securities accounts. Read Full Story

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