proprietors News

UAE Explains Updated Economic Substance Rules
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, October 5, 2020
The United Arab Emirates Ministry of Finance has highlighted changes made to the territory's rules on economic substance. Read Full Story

India Announces More COVID-19 Measures
by Mary Swire, Tax-News.com, Hong Kong
Thursday, May 28, 2020
On May 13, 2020, the Indian Government announced new tax relief measures and administrative concessions. Read Full Story

US Senate Passes 'Phase Three' COVID-19 Aid Package
by Mike Godfrey, Tax-News.com Washington
Monday, March 30, 2020
On March 25, 2020, the United States Senate overwhelmingly approved the Coronavirus Aid, Relief, and Economic Security Act, which represents the third package of financial aid measures to businesses and individuals affected by the coronavirus crisis and which includes numerous tax provisions to support businesses. Read Full Story

Traders Must Use New Dutch VAT ID Numbers From 2020
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, January 8, 2020
From January 1, 2020, sole proprietors in the Netherlands will be required to use new value-added tax identification numbers. Read Full Story

Bolivian Tax Amnesty To Close June 28
by Mike Godfrey, Tax-News.com, Washington
Friday, June 21, 2019
Bolivian taxpayers have until a twice-extended deadline of June 28, 2019, to regularize their affairs and benefit from reduced penalty rates. Read Full Story

Hong Kong Confirms Profits Tax Shakeup From April
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, April 4, 2018
Hong Kong has gazetted an ordinance to establish a new two-tier corporate tax regime from April 1, 2018. Read Full Story

Hong Kong Gazettes BEPS, Profits Tax Bills
by Mary Swire, Tax-News.com, Hong Kong
Monday, January 1, 2018
Hong Kong published two bills in its Official Gazette on December 29 to introduce provisions to counter base erosion and profit shifting and to alter its business tax regime. Read Full Story

US Senate Presents A Different Take On Tax Reform
by Mike Godfrey, Tax-News.com, Washington
Monday, November 13, 2017
The Senate Finance Committee released its tax reform plan on November 9, presenting a draft bill with marked differences to that agreed by the House Ways and Means Committee on the same day. Read Full Story

Republicans Reveal US Tax Reform Law
by Mike Godfrey, Tax-News.com, Washington
Friday, November 3, 2017
On November 2 the US Government released the Tax Cuts and Jobs Act, setting out in legislation its plans for comprehensive reform of the US tax code. Read Full Story

SARS Guides Non-Executive Directors On VAT Obligations
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, June 14, 2017
The South African Revenue Service has issued further guidance for non-executive directors on the tax treatment of the fees they receive. Read Full Story
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