marine News

Hong Kong Lawmakers Endorse CIT Cut For Insurers
by Mary Swire, Tax-News.com, Hong Kong
Friday, July 17, 2020
Hong Kong's Legislative Council has passed a bill to reduce the profits tax for certain insurance businesses. Read Full Story

Hong Kong Gazettes Tax Breaks For Ship Leasing
by Mary Swire, Tax-News.com, Hong Kong
Monday, January 27, 2020
The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers. Read Full Story

EU Invites Comments On Italian Port Taxation
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, January 15, 2020
An invitation to submit comments with regards to the corporate tax exemption provided to ports in Italy was published in the January 10, 2020, issue of the Official Journal of the European Union. Read Full Story

EC Investigates Italian Port Tax Exemptions
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, November 26, 2019
On November 15, 2019, the European Commission announced the launch of an in-depth state aid investigation into tax exemptions provided to Italian ports, but welcomed commitments from Spain to abolish similar exemptions for Spanish ports from next year. Read Full Story

EFTA States, Indonesia Ink Trade Deal
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 21, 2018
The European Free Trade Association states – Switzerland, Liechtenstein, Norway, and Iceland – and Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA), which will slash tariffs on a majority of industrial goods. Read Full Story

Swiss Government Signs Off On Tax, Trade Issues
by Ulrika Lomas, Tax-News.com, Brussels
Friday, November 30, 2018
Switzerland's Government has recently decided on a number of trade matters and reviewed its plans for changes to how it administers vehicle taxes. Read Full Story

Singapore Confirms Future GST Hike In Budget
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, February 20, 2018
Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Read Full Story

European, African States To Review Free Trade Agreement
by Ulrika Lomas, Tax-News.com, Brussels
Friday, February 16, 2018
The European Free Trade Association states (Iceland, Liechtenstein, Norway, and Switzerland), and the South African Customs Union have begun negotiations to review their existing free trade agreement. Read Full Story

EC Scrutinizes Tax Breaks For Polish Shipyards
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 15, 2018
The European Commission has opened an in-depth investigation into a Polish tax scheme for shipyards, which it says could give shipbuilders an unfair competitive advantage over rivals. Read Full Story

Philippines May Soon Ratify FTA With European States
by Mary Swire, Tax-News.com, Hong Kong
Monday, January 8, 2018
Having endorsed the deal, the President of the Philippines, Rodrigo Duterte, has forwarded on a bill to ratify the free trade agreement with the European Free Trade Association states to the Senate. Read Full Story
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