marine News
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
Maltese Tonnage Tax Scheme Approved By EU
by Jason Gorringe, Tax-News.com, London
Wednesday, December 20, 2017
Malta's tonnage tax scheme has been conditionally approved for a period of 10 years by the European Commission under EU state aid rules. Read Full Story
India To Amend GST Rates On Oil, Gas Industry
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, October 11, 2017
India's Goods and Services Tax Council has proposed new GST rates for the oil and gas industry. Read Full Story
Norway's Reelected Conservatives Pledge Tax Cuts
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, September 14, 2017
Norway's reelected Conservative Prime Minister, Erna Solberg, has pledged tax cuts for companies to encourage higher investment, job creation, and economic growth. Read Full Story
Greek Shipping Firms Unhappy With Tax Regime
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, September 6, 2017
Tax regime instability has been cited by Greek shipping companies as a reason why they would consider switching to an alternative jurisdiction, according to a report by EY. Read Full Story
EU Expected To Adopt New Fuel Marker To Prevent Fraud
by Ulrika Lomas, Tax-News.com, Brussels
Monday, July 24, 2017
New chemical markers intended to be used in gas oil (diesel) and kerosene in the EU are more resilient to fraud than the one currently applied, and introducing a new marker might cost less than member states currently lose in tax revenues, a new EU report says. Read Full Story
Greek Shipowners Agree Extra Tax Payments
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, July 4, 2017
The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government. Read Full Story
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