Singapore Targets A More Progressive Tax Regime In 2022 Budget

Mary Swire, Tax-News.com, Hong Kong // 21 March, 2022

Singapore has announced personal income tax hikes and higher wealth taxes on the territory's wealthiest individuals, as well as plans to ramp up the territory's carbon tax, in its newly released Budget.
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Cyprus Receives EU Approval For Angel Investor Tax Breaks

Jason Gorringe, Tax-News.com, London // 16 February, 2022

The European Commission has approved a Cypriot scheme involving the grant of tax breaks to private investors – both natural persons and corporate investors – who invest into early-stage, innovative SMEs.
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Switzerland Publishes Review Of 2021 Tax Progress

20 January, 2022

As part of its commitment to fighting cross-border tax evasion and profit shifting, Switzerland sent information on over 3m financial accounts in 2021, according to a new review of the Swiss financial center by the State Secretariat for International Financial Matters.
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Belt And Road Forum Agrees Digital Tax Admin Agenda

Mary Swire, Tax-News.com, Hong Kong // 04 October, 2021

China has set out the priorities of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Council over the next five years, at the 36-country grouping's second forum.
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OECD Receives Backing For Historic International Tax Overhaul

Ulrika Lomas, Tax-News.com, Brussels // 06 August, 2021

The OECD has said 131 countries and jurisdictions have put their name to an international agreement on an overhaul to tax rules for the digitalized economy and for large multinational businesses.
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