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Indonesian Lawmakers Approve Tax Reform Plans

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

Monday, October 18, 2021

Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax. Read Full Story

 


Colombia Enacts Decree To Support Struggling Firms

by Mike Godfrey, Tax-News.com, Washington

Wednesday, August 25, 2021

The Colombian Government has issued Decree 939 of August 19, 2021, which enables the tax agency to revise an assessment for potentially viable companies that are facing insolvency, where doing so may save the company and jobs. Read Full Story

 


Mauritius Announces New Tax Reliefs In 2021-22 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, August 6, 2021

Mauritius announced numerous tax relief measures for investors and for wealthy foreign individuals in its newly released Budget. Read Full Story

 


Malta Releases Corporate Income Tax Returns

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 9, 2021

Malta's Commissioner for Revenue has released year of assessment 2021 electronic income tax returns for companies. Read Full Story

 


Philippines To Complete Tax Incentives Review By Early May

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

Monday, April 26, 2021

The Philippines Department of Finance has announced that the Fiscal Incentives Review Board (FIRB) will complete the implementing rules and regulations for the corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by the third week of May. Read Full Story

 


UAE Sets Out VAT Rules For Social Media Income, Performers

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, March 19, 2021

The United Arab Emirates' Federal Tax Authority has released a bulletin highlighting the value-added tax rights and obligations of performers and those who earn income from online platforms. Read Full Story

 


Cyprus Allows Firms Longer To Pay VAT Due In Feb, March

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, February 22, 2021

Cyprus's Department of Taxation has announced businesses will be allowed more time to make their monthly value-added tax payments for the periods ending December 31, 2020, and January 31, 2021. Read Full Story

 


Switzerland, Italy Agree Tax Deal For Frontier Workers

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 1, 2021

On December 23, 2020, Switzerland and Italy signed a new agreement on the taxation of cross-border commuters and an amendment to their existing double taxation agreement. Read Full Story

 


Malta Amends VAT Registration Thresholds

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 1, 2021

Malta has published The Value Added Tax Act (Amendment of Sixth Schedule) (Amendment No. 2) Regulations, 2020, which makes changes to the thresholds for VAT registration as a small undertaking. Read Full Story

 


Norway Issues VAT Regulation In Response To Brexit

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 22, 2020

Norway intends to provide value-added tax administrative relief measures to UK businesses in response to Brexit. Read Full Story

 

 

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