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Stories that are tagged 'tax rates'

 

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

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

EU Finance Ministers Agree Landmark VAT Rate Rule Changes
Ulrika Lomas, Tax-News.com, Brussels__05 January, 2022
EU finance ministers have agreed an update to the rules governing value-added tax rates for goods and services. 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

Mexico Publishes Second Report On Industry-Average Tax Burdens
Mike Godfrey, Tax-News.com, Washington__06 August, 2021
On August 1, 2021, Mexico's federal tax authority released a second report on the effective corporate tax paid by large businesses in various economic sectors. Read Full Story

Asia-Pac's Tax Take Dropped, Even Before COVID-19: Report
Mary Swire, Tax-News.com, Hong Kong__06 August, 2021
Tax revenues fell in 2019 in two-thirds of economies across Asia and the Pacific as a result of an economic slowdown prior to the COVID-19 pandemic, according to a new OECD report. Read Full Story

Hong Kong, Georgia Tax Deal To Enter Into Force
Mary Swire, Tax-News.com, Hong Kong__06 August, 2021
The Hong Kong Government has announced that the comprehensive double tax agreement it signed with Georgia last year will enter into force on July 1. Read Full Story

Hong Kong Issues 2020-21 Tax Returns
Mary Swire, Tax-News.com, Hong Kong__06 April, 2021
On April 1, 2021, the Hong Kong Inland Revenue Department began issuing profits tax, property tax, and employer's returns for the year of assessment 2020-21. Read Full Story

Hong Kong Adopts Law To Cut Stamp Duty Rates
Mary Swire, Tax-News.com, Hong Kong__19 March, 2021
Hong Kong has passed legislation to abolish the doubled ad valorem stamp duty rates applicable to non-residential property transactions with effect from November 26, 2020. Read Full Story

Hong Kong Announces Tax Relief In 2021-22 Budget
Mary Swire, Tax-News.com, Hong Kong __03 March, 2021
Hong Kong will grant taxpayers a waiver of up to HKD10,000 (USD1,290) of profits tax, salaries tax, and tax under personal assessment, the territory announced in its 2021-22 Budget. Read Full Story

 

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