services News

Philippines House Passes Financial Services Tax Reforms

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

Friday, September 13, 2019

The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income. Read Full Story

Netherlands To Reduce Tax On Savings Income

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

On September 6, 2019, the Dutch Ministry of Finance announced proposals to reforms the tax rules for savings income. Read Full Story

Poland Said To Have Ditched Plans For Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

According to a recent comment by United States Vice President Mike Pence, the Polish Government has decided not to proceed with a national digital services tax. Read Full Story

Czech Republic Drafts Digital Services Tax Law

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, September 5, 2019

On September 5, 2019, the Government of the Czech Republic received from the Ministry of Finance draft legislation for the introduction of a temporary digital services tax, which was first announced in April 2019. Read Full Story

Singapore Reports On Tax, Compliance Work

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

Thursday, September 5, 2019

The Inland Revenue Authority of Singapore (IRAS) has reported that revenues increased by 4.4 percent in the 2018-2019 fiscal year, in its annual report for the year. Read Full Story

Chile's Chamber Of Deputies Approves Tax Reform Law

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 5, 2019

Chile's Chamber of Deputies approved at the end of August legislation to comprehensively reform the tax system, as set out in Bulletin 12043. Read Full Story

HMRC Schedules Webinars On New Construction Services Reverse Charge

by Jason Gorringe, Tax-News.com, London

Thursday, August 29, 2019

The UK tax agency has announced that it has scheduled two new webinars to support the construction industry to come to terms with the new VAT reverse charge being introduced on building and construction services from October 1. Read Full Story

Filipino Financial Services Tax Reforms Clear First Hurdle

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

Friday, August 30, 2019

The Philippines' House Committee On Ways and Means has approved a Bill that would overhaul the rates in place on financial services and passive income. Read Full Story

India Again Extends Deadline For 2017-18 Annual GST Return

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

Friday, August 30, 2019

India has again extended the due date for furnishing the annual GST return and reconciliation statement for the 2017-18 fiscal year. Read Full Story

EFTA And Mercosur Blocs Conclude Free Trade Deal

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, August 29, 2019

The European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland) and the Mercosur group of countries (Argentina, Brazil, Paraguay, and Uruguay) concluded in substance a broad-based free trade agreement at the tenth round of negotiations from August 20 to 23, 2019. Read Full Story

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