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Stories that are tagged 'BEPS'

 

Guernsey To Delay Tax Reform Debate To Explore Corporate Tax Options
Jason Gorringe, Tax-News.com, London__29 April, 2022
The Guernsey Government on April 26, 2022, announced that a parliamentary debate on tax reform, scheduled for July, will now be delayed until the end of the year, to allow time for consideration of corporate tax options. Earlier, Guernsey's Policy and Resources Committee proposed that the territory could implement a goods and services tax to buoy the territory's finances. Read Full Story

OECD Releases E-Commerce VAT Toolkit For Asia-Pac States
Ulrika Lomas, Tax-News.com, Brussels__21 March, 2022
On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Read Full Story

Singapore Adds To Guidance On ICAP Participation
Mary Swire, Tax-News.com, Hong Kong__21 March, 2022
The Inland Revenue Authority of Singapore (IRAS) has issued guidance for taxpayers on accessing the International Compliance Assurance Programme, a voluntary risk assessment and assurance program. Read Full Story

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. Read Full Story

OECD Reports Solid Progress On BEPS Action 5 And 14
Ulrika Lomas, Tax-News.com, Brussels__16 February, 2022
The OECD/G20 Inclusive Framework on BEPS has published the outcome of more reviews into territories' preferential tax regimes and on tax dispute resolution through the Mutual Agreement Procedure. Read Full Story

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. Read Full Story

Ecuador Introduces Amnesty And Taxes On Assets
Mike Godfrey, Tax-News.com, Washington__05 January, 2022
Legislation has been enacted in Ecuador to introduce new taxes on companies and wealthy individuals, to fund government efforts during the COVID-19 pandemic. Read Full Story

Indonesia Clarifies Tax Measures In Tax Reform Law
Mary Swire, Tax-News.com, Hong Kong__06 December, 2021
The Indonesian Government has detailed its plans for a new carbon tax mechanism and a new tax amnesty scheme. Read Full Story

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

 

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