MAY 18, 2015 | having difficulty Viewing this email? view THE online version

Welcome to the Tax-News newsletter carries topical headlines and features on international tax, legal, economics, business and investment issues.

Latest Tax-News

GCC Adopts Draft VAT Agreement: Report

Officials from the member states of the Gulf Cooperation Council have concluded a draft agreement on implementing a GCC-wide value-added tax.
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Vietnam Imposes New Gold Export Tax

Vietnam's Ministry of Finance recently issued Circular No. 36/2015/TT-BTC, which placed a two percent tax on the export of certain gold jewelry and other gold products with effect from May 7, 2015.
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BEPS Analyses Possible Without New Disclosures: Stakeholders

The Organisation for Economic Co-operation and Development has published stakeholders' comments on its discussion draft on base erosion and profit shifting Action 11, on improving analysis of BEPS.
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World Bank Recommends Tax Reforms For Ukraine

The World Bank has issued a report outlining a number of recommended fiscal reforms to help Ukraine establish sustainable public finances.
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Taiwan Hikes Proposed Property CGT Rates

Taiwan's Cabinet, the Executive Yuan, has approved details of the new capital gains tax on property sales with a proposed top rate of 45 percent if the sale occurs within one year of purchase, rather than the 35 percent rate that had been previously mooted.
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