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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

Singapore Expands Business Tax Support Schemes In 2021 Budget
Mary Swire, Tax-News.com, Hong Kong__22 February, 2021
Singapore announced the extension of a number of support measures for businesses in its 2021 Budget, released on February 16, 2021. Read Full Story

UK Eyeing VAT Rule Changes For Sharing Economy
Jason Gorringe, Tax-News.com, London__22 December, 2020
The UK Government is inviting input on the tax challenges associated with the rise of the sharing economy. Read Full Story

UK To Strengthen Insurance Premium Tax Rules
Jason Gorringe, Tax-News.com, London__10 November, 2020
On November 5, 2020, HM Revenue and Customs issued a consultation on proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes. Read Full Story

BVI To Launch FinTech 'Sandbox'
Mike Godfrey, Tax-News.com, Washington__21 August, 2020
The British Virgin Islands Financial Services Commission has announced that it will launch its new FinTech Regulatory "Sandbox" on August 31. Read Full Story

Hong Kong Updates Guidance On APA Regime
Mary Swire, Tax-News.com, Hong Kong__24 July, 2020
Hong Kong's Inland Revenue Department has updated its guidance on Advance Pricing Agreements to reflect tax legislative changes in recent years and the territory's response to the OECD's base erosion and profit shifting Action Plan. Read Full Story

Hong Kong Releases New Guidance On Advance Rulings
Mary Swire, Tax-News.com, Hong Kong__01 May, 2020
Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan. Read Full Story

COVID-19: Austria Suspends Tax Administrative Proceedings
Ulrika Lomas, Tax-News.com, Brussels__15 April, 2020
The Austrian Ministry of Finance has announced that proceedings in relation to tax offences and the payment of duties and fees will be extended due to restrictions on movement imposed as a result of the COVID-19 virus. Read Full Story

Bahamas Announces COVID-19 Tax Reliefs
Mike Godfrey, Tax-News.com, Washington__15 April, 2020
The Bahamas Department of Inland Revenue has announced a Tax Credit and Tax Deferral Employment Retention Programme, which will benefit businesses with an annual turnover of BSD3m (USD3m) or more and a minimum of 25 non-executive employees. Read Full Story

Vanuatu To Waive Taxes Amid COVID-19
Mary Swire, Tax-News.com, Hong Kong__10 April, 2020
Vanuatu has announced that the Council of Ministers has decided to freeze imposition of a number of tax and charges to shield taxpayers from the financial impact of COVID-19. Read Full Story

 

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