trade News

China Halves Corporate Tax For Smallest Businesses

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

Thursday, April 15, 2021

Chinese authorities have announced enhanced temporary tax breaks for small businesses. Read Full Story

Singapore Expands Business Tax Support Schemes In 2021 Budget

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

Monday, February 22, 2021

Singapore announced the extension of a number of support measures for businesses in its 2021 Budget, released on February 16, 2021. Read Full Story

EU Sizes Up Impact Of New UK Free Trade Deal

by Jason Gorringe, Tax-News.com, London

Monday, February 15, 2021

The European Union has released its Winter 2021 Economic Forecast, which says that Brexit will dent UK economic growth considerably, and more than for the European Union, despite the new free trade deal between the two parties. Read Full Story

UK, Mexico Sign Continuity Trade Deal

by Jason Gorringe, Tax-News.com, London

Tuesday, December 22, 2020

On December 15, 2020, the UK and Mexico signed a trade continuity agreement that will apply when the Brexit transition period ends. Read Full Story

UK, Canada Sign Post Brexit Continuity Agreement

by Mike Godfrey, Tax-News.com, Washington

Thursday, December 10, 2020

Canada and the UK have formally signed a post-Brexit trade continuity agreement that will apply from January 1, 2021. Read Full Story

Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 10, 2020

The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Read Full Story

UK, Canada Sign Post-Brexit Continuity Trade Deal

by Jason Gorringe, Tax-News.com, London

Monday, November 30, 2020

Canada and the UK have announced the successful conclusion of negotiations on an interim trade agreement, which will be in place as they work toward a comprehensive post-Brexit free trade deal. Read Full Story

France Allowing Companies Three More Months To Pay Property Tax

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 20, 2020

France has extended the October 15 property tax payment deadline for businesses affected by measures to contain COVID-19. Read Full Story

OECD Indicates New Focus On Virtual Currency Tax Issues

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 20, 2020

The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. Read Full Story