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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

Australia To Shutter 'Harmful' Offshore Banking Unit Regime
Mary Swire, Tax-News.com, Hong Kong__19 March, 2021
The Australian Government has confirmed that it will amend its offshore banking unit regime after it was designated a harmful tax regime by the OECD and the European Union. Read Full Story

EU Council Agrees Tax Blacklist Changes
Jason Gorringe, Tax-News.com, London__23 February, 2021
Barbados has been removed from the European Union's list of non-cooperative jurisdictions and Dominica has been added. Read Full Story

Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report
Ulrika Lomas, Tax-News.com, Brussels__10 December, 2020
The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Read Full Story

France Hikes VAT Due On Yacht Charters
Ulrika Lomas, Tax-News.com, Brussels__30 November, 2020
The French tax authority has confirmed new rules regarding the calculation of VAT on pleasure yacht charters. Read Full Story

Cayman Tables Law For Digital Asset Business Regime
Jason Gorringe, Tax-News.com, London__17 November, 2020
The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). Read Full Story

Burkina Faso Ratifies The BEPS MLI
Ulrika Lomas, Tax-News.com, Brussels__10 November, 2020
African state Burkina Faso has ratified the BEPS multilateral instrument, to make changes to its double tax agreements to counter tax base erosion and profit shifting (BEPS). Read Full Story

Switzerland To Overhaul Domestic Law Governing Double Tax Pacts
Ulrika Lomas, Tax-News.com, Brussels__10 November, 2020
The Swiss Federal Council has approved proposed legislative changes to alter how the country interprets double tax agreement provisions. Read Full Story

Cayman Islands, Oman Removed From EU Tax Blacklist
Ulrika Lomas, Tax-News.com, Brussels__13 January, 2021
On October 6, 2020, the EU announced that it has added Anguilla and Barbados to its list of non-cooperative jurisdictions for tax purposes and has removed the Cayman Islands and Oman. Read Full Story

UAE Explains Updated Economic Substance Rules
Lorys Charalambous, Tax-News.com, Cyprus__05 October, 2020
The United Arab Emirates Ministry of Finance has highlighted changes made to the territory's rules on economic substance. Read Full Story

 

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