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Stories that are tagged 'BEPS'

 

Singapore Gazettes Legislation For 2021 Budget Changes
Mary Swire, Tax-News.com, Hong Kong__23 November, 2021
The Income Tax (Amendment) Bill 2021 was published in Singapore's Official Gazette on November 16, 2021, following approval earlier by Singapore's President. Read Full Story

Cyprus Proposing Tax Perks To Attract Foreigners, Investment
Lorys Charalambous, Tax-News.com, Cyprus__12 November, 2021
Cyprus is considering the introduction of a new digital nomad visa, which would enable non-EU, self-employed persons to work from the territory, and be taxable there, providing they are not tax resident elsewhere. Read Full Story

Bahamas To Cut VAT Rate To 10 Percent
Mike Godfrey, Tax-News.com, Washington__01 November, 2021
The Bahamas intends to lower the value-added tax rate from 12 percent to 10 percent, the territory announced in its supplementary 2021/22 Budget, released on October 27. Read Full Story

OECD Tax Plans To Have Relatively Small Impact On Bermuda: Fitch
Jason Gorringe, Tax-News.com, London__01 November, 2021
Bermuda's appeal as a domicile for (re)insurance will be dulled by the OECD's latest international tax plans. However, the impact is likely to be less than the territory experienced after the US tax reform of 2017, says credit ratings agency Fitch Ratings. Read Full Story

Indonesian Lawmakers Approve Tax Reform Plans
Mary Swire, Tax-News.com, Hong Kong__18 October, 2021
Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax. Read Full Story

Hong Kong To Amend Tax Rules For Foreign-Source Passive Income
Jason Gorringe, Tax-News.com, London__01 November, 2021
The Hong Kong Government has issued a statement committing to amend its tax law with regards the tax exemption for foreign source passive income from 2023, to ensure the territory does not end up placed on the EU's tax blacklist of non-cooperative territories. Read Full Story

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. Read Full Story

Netherlands Announces 'Modest' 2022 Budget
Ulrika Lomas, Tax-News.com, Brussels__04 October, 2021
The Dutch Government has announced changes aimed at improving the tax system in its 2022 Tax Plan, released on September 21. Read Full Story

Cayman Seeks Input On Major Tax Transparency Changes
Jason Gorringe, Tax-News.com, London__15 September, 2021
The Cayman Ministry of Financial Services has launched a consultation on the changes needed to enable public access to beneficial ownership information. Read Full Story

EU To Table A Digital Tax Proposal In October
Ulrika Lomas, Tax-News.com, Brussels__15 September, 2021
The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world's largest firms. Read Full Story

 

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