legislation amendments News

India Consults Taxpayers On Income Tax Law Reform

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, March 22, 2018

India has launched a consultation on efforts to reform the country's 1961 income tax law, to be led by a newly constituted task force. Read Full Story

IRS Adds To Transition Tax Guidance

by Mike Godfrey, Tax-News.com, Washington

Friday, March 16, 2018

The Internal Revenue Service has issued additional information to help taxpayers to meet their filing and payment obligations for the newly introduced Section 965 transition tax. Read Full Story

Russia Proposes To Ditch Flat Individual Tax Regime

by Tatyana Smolenskaya, Tax-News.com, Moscow

Thursday, March 1, 2018

Legislation has been tabled in Russia's lower house of parliament, the Duma, to introduce a two-rate personal income tax regime, in place of the current flat tax regime. Read Full Story

Cairn Confirms Final Hearing Date In Indian Tax Dispute

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

Thursday, September 21, 2017

Cairn Energy on September 20 provided an update on the arbitration proceedings taking place as a result of its long-running dispute with the Indian tax authority. Read Full Story

Irish Legal Professionals Propose Enhancements To Tax Regime

by Jason Gorringe, Tax-news.com, London

Wednesday, June 14, 2017

The Law Society of Ireland has published 22 recommendations for changes to the Irish taxation and probate systems, to boost the country's attractiveness for entrepreneurs and the creative industries. Read Full Story

Saudi Arabia Launches Consultation On VAT Law

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 2, 2017

Saudi Arabia's tax authority has launched a public consultation on the draft law governing value-added tax, which is being introduced in Saudi Arabia and in the other Gulf Cooperation Council countries from January 1, 2018. Read Full Story

Philippines Hopes To Have Overhauled Tax Code By 2018

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

Friday, February 24, 2017

The Filipino Government is optimistic that it can overhaul the Philippines' tax regime by 2018 through a two-step approach. Read Full Story

Singapore's 2017 Budget Includes International Tax Changes

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

Tuesday, February 21, 2017

Singapore's Finance Minister, Heng Swee Keat, has presented the country's latest budget, which includes proposals for a new safe harbor rule and a preferential intellectual property tax regime. Read Full Story

Jaitley Delivers India's 2017-18 Budget

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

Friday, February 3, 2017

On February 1, 2017, India's Finance Minister, Arun Jaitley, presented the country's Budget 2017-18, which contains several proposals aimed at simplifying and rationalizing the country's direct tax regime. Read Full Story

Hong Kong Gazettes Stamp Duty Hike Amendment

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

Monday, January 30, 2017

The Stamp Duty (Amendment) Bill 2017, which implements a further stamp duty increase to cool Hong Kong's housing market, was gazetted on January 27, and will be introduced into the Legislative Council on February 8. Read Full Story

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