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IMF Recommends Tax Reforms For Malta

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The IMF has said that Malta should look for ways to diversify its tax base and strengthen tax revenues. Read Full Story

 


Democrat Bill Targets GILTI High-Tax Exclusion

by Mike Godfrey, Tax-News.com Washington

Thursday, February 20, 2020

Democrats in the United States Senate have introduced a bill that would block proposals to introduce a "high-tax exemption" to the Global Intangible Low-Tax Income regime. Read Full Story

 


Italy Launches Consultation On Patent Box Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

On February 10, 2020, the Italian tax agency commenced a short consultation on the rules surrounding the patent box self-assessment regime. Read Full Story

 


Italy Releases Tax Forms And Instructions For 2020

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

On January 31, 2020, the Italian Revenue Agency released instructions on how companies, individuals, corporate groups, and partnerships can comply with their tax return filing obligations during 2020. Read Full Story

 


Hong Kong Gazettes Tax Breaks For Ship Leasing

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

Monday, January 27, 2020

The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers. Read Full Story

 


Korea Enacts 2019 Tax Revision Bill

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

Wednesday, January 15, 2020

The Korean Government has announced that the 2019 Tax Revision Bill was enacted on January 6, 2020, with a number of new measures added to the existing proposals. Read Full Story

 


EU Approves New Tonnage Tax Schemes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 31, 2019

The EU has approved under state aid rules the introduction of a tonnage tax scheme in Estonia and the prolongation of a tonnage tax scheme in Cyprus. Read Full Story

 


German Lawmakers Reject VAT Cut On Rail Fares

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 6, 2019

The upper house of the German parliament, the Bundesrat, has rejected certain tax elements of the Government's climate protection plan, including a reduction in value-added tax on long-distance rail travel. Read Full Story

 


New Zealand To Remove Low-Value Consignment Relief

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

Monday, November 25, 2019

New Zealand is to introduce GST on low-value goods sold by overseas retailers from December 1, 2019. Read Full Story

 


Trinidad And Tobago's Budget Focused At Companies

by Mike Godfrey, Tax-News.com, Washington

Tuesday, December 31, 2019

Caribbean territory Trinidad and Tobago announced changes to corporate tax breaks in its 2020 Budget, in which it committed to clear the almost TTD4.5bn (USD664m) in unpaid VAT refunds. Read Full Story

 

 

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