tax reform News

Jersey Launches Individual Tax Season

by Jason Gorringe, Tax-News.com, London

Wednesday, January 13, 2021

The Jersey Government has announced that islanders can now file their 2020 tax return and has issued advice to Prior Year Basis (PYB) taxpayers that have been moved to the Current Year Basis (CYB) for paying income tax. 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

Belgium Taken To Task For Three Tax Regime Features

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 10, 2020

The European Commission is undertaking infringement proceedings against Belgium regarding the taxation of shares held by life insurance companies, the taxation of income from savings deposits, and the deductibility of alimony payments. Read Full Story

Ireland Lowers Headline VAT Rate

by Jason Gorringe, Tax-News.com, London

Wednesday, September 9, 2020

A temporary reduction in Ireland's standard rate of VAT entered into force on September 1, 2020. Read Full Story

Singapore Launches Consultation On Income Tax Reforms

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

Friday, July 24, 2020

Singapore's Ministry of Finance has launched a public consultation on proposed corporate tax and income tax breaks. Read Full Story

Hong Kong Lawmakers Endorse CIT Cut For Insurers

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

Friday, July 17, 2020

Hong Kong's Legislative Council has passed a bill to reduce the profits tax for certain insurance businesses. Read Full Story

UK Launches Reviews Into Capital Gains Tax, Post-COVID-19 Tax Reform

by Jason Gorringe, Tax-News.com, London

Friday, July 17, 2020

The UK's Chancellor, Rishi Sunak, has indicated that changes to the UK's capital gains tax regime may be on the horizon, having commissioned a report into the future of the tax from the Office for Tax Simplification. Read Full Story

Switzerland Planning New VAT Rules For Mail Order Companies

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

The Swiss Federal Council has launched a consultation on the amendments to the VAT law, with a focus on the tax treatment of mail order businesses and the administrative burden on SMEs. Read Full Story

Switzerland Rules Out Tax Changes For Blockchain Technology

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

The Swiss Finance Department has said that changes to tax law are not currently needed in response to developments in distributed ledger technology and blockchain. Read Full Story