manufacturing News

UK, Mexico Sign Continuity Trade Deal
by Jason Gorringe, Tax-News.com, London
Tuesday, December 22, 2020
On December 15, 2020, the UK and Mexico signed a trade continuity agreement that will apply when the Brexit transition period ends. Read Full Story

Israel To Adopt BEPS Action 13 TP Documentation Rules
by Ulrika Lomas, Tax-News.com, Brussels
Monday, November 2, 2020
Israel's Government on October 12, 2020, launched a consultation on aligning the country's transfer pricing documentation rules with the three-tiered approach included in the OECD's 2017 Transfer Pricing Guidelines. Read Full Story

Netherlands Cancels Corporate Tax Rate Cut
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 22, 2020
The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan. Read Full Story

France Planning EUR20bn In Business Tax Cuts
by Ulrika Lomas, Tax-News.com, Brussels
Monday, September 14, 2020
The French Government has announced proposals to cut taxes on production by EUR20bn (USD23.7bn) in 2021 and 2022. Read Full Story

COVID-19: Austria Exempts Employee Bonuses From Tax
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, April 15, 2020
The Austrian parliament has approved measures to exempt allowances and bonuses paid to employees from all taxes as part of the Government's economic response to the COVID-19 crisis. Read Full Story

Ireland Expands COVID-19 Support For SMEs
by Jason Gorringe, Tax-News.com, London
Friday, April 10, 2020
The Irish Government has announced the expansion of its support measures for SMEs affected by the economic impact of the coronavirus. Read Full Story

Ukraine Mulling Tax Breaks For Intellectual Property Income
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 17, 2020
The Government of Ukraine has announced plans to introduce a special tax regime for certain intellectual property income. Read Full Story

Namibia To Repeal 'Harmful' Tax Incentives
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, March 3, 2020
Namibia's Minister of Finance, Calle Schlettwein, has tabled a legislative amendment in parliament that will repeal certain tax incentives attached to Export Processing Zones as well as those aimed at the manufacturing sector. Read Full Story

Korea Enacts 2019 Tax Revision Bill
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, January 15, 2020
The Korean Government has announced that the 2019 Tax Revision Bill was enacted on January 6, 2020, with a number of new measures added to the existing proposals. Read Full Story

Turkey Extends VAT Exemption For Machinery
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, December 31, 2019
On December 24, 2019, a law was published in Turkey's official gazette extending a value-added tax exemption for the purchase of machinery and equipment. Read Full Story
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