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UAE Releases Executive Regulation On VAT

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

Monday, November 20, 2017

The United Arab Emirates released Regulations setting out key elements of the rules surrounding value-added tax, which will be implemented from January 1, 2018. Read Full Story

 


UK Issues Guidance On Fulfilment Business Scheme

by Jason Gorringe, Tax-News.com, London

Friday, November 17, 2017

HM Revenue and Customs has launched guidance into a new due diligence scheme, the Fulfilment House Due Diligence Scheme, which aims to ensure that overseas traders comply with value-added tax regulations. Read Full Story

 


Saudi Arabia Explains VAT Rules For Transport Sector

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 16, 2017

Saudi Arabia's tax authority has issued guidance on the value-added tax rules that will apply to transportation services when value-added tax is introduced from January 1, 2018. Read Full Story

 


Dassault Responds To Paradise Paper Leaks

by Ulrika Lomas, Tax-News.com, Brussels

Monday, November 13, 2017

French aircraft manufacturer Dassault Aviation has issued a statement on its tax arrangements in response to media coverage of the so-called "Paradise Papers." Read Full Story

 


Saudi Arabia Clarifies VAT Rates, Including On Financial Services

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 9, 2017

Ahead of the introduction of value-added tax on January 1, 2018, Saudi Arabia's tax authority has provided guidance on the financial services value-added tax exemption and the general rules on value-added tax rates. Read Full Story

 


Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings

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

Wednesday, November 8, 2017

Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices. Read Full Story

 


Ireland Amends Employment And Investment Incentive

by Jason Gorringe, Tax-News.com, London

Monday, November 6, 2017

The Irish Government has announced changes to the Employment and Investment Incentive, to bring it into line with EU regulations. Read Full Story

 


Cayman Budget Targets Budget Surpluses

by Mike Godfrey, Tax-News.com, Washington

Thursday, November 2, 2017

The Cayman Islands' Premier, Alden McLaughlin, recently delivered the territory's first two-year budget, which was notable for the absence of new borrowing or revenue-raising measures. Read Full Story

 


China To Cement New VAT Regime In Law

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

Thursday, November 2, 2017

China's State Council elaborated on the country's plans to continue value-added tax reform at its meeting on October 30, 2017.

Read Full Story

 


UK Urged To Cushion Small Firms From 'Making Tax Digital' Reforms

by Jason Gorringe, Tax-News.com, London

Wednesday, November 1, 2017

The Low Incomes Tax Reform Group has called on the UK Government to ease the penalties under the Making Tax Digital initiative and to launch a campaign to educate small businesses about the changes. Read Full Story

 

 

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