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Stories that are tagged 'Finance'

 

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. Read Full Story

Singapore Expected To Hike Carbon Tax In 2022 Budget
Mary Swire, Tax-News.com, Hong Kong__20 January, 2022
Singapore's Minister of Finance has said Singapore will set out plans to hike its carbon tax in the 2022 Budget. Read Full Story

Philippines DOF Says Wealth Tax Plan Would Be Self-Defeating
Mary Swire, Tax-News.com, Hong Kong__06 December, 2021
The Philippines Department of Finance has issued a statement warning against the introduction of a new tax on the super wealthy. 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

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

China's New Urban Maintenance And Construction Tax Law In Force
Mary Swire, Tax-News.com, Hong Kong__15 September, 2021
China's Ministry of Finance and the State Administration of Taxation have issued a statement announcing tax relief from the Urban Maintenance and Construction Tax. Read Full Story

Wyden Takes Aim At US Pass-Through Income Tax Break
Mike Godfrey, Tax-News.com, Washington__06 August, 2021
Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income introduced into US tax law in 2017. Read Full Story

BVI Says New Global Tax Rules Should Appreciate Offshore IFCs
Jason Gorringe, Tax-News.com, London__06 August, 2021
The British Virgin Islands Government has released a statement expressing concerns on the proposals being discussed by the OECD to establish modernized rules for the digitalized economy, including a minimum global corporate tax rate. Read Full Story

Mauritius Announces New Tax Reliefs In 2021-22 Budget
Lorys Charalambous, Tax-News.com, Cyprus__06 August, 2021
Mauritius announced numerous tax relief measures for investors and for wealthy foreign individuals in its newly released Budget. Read Full Story

 

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