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Stories that are tagged 'value added tax (VAT)'

 

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

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

Malta Announces Individual Tax Reliefs In 2022 Budget
Jason Gorringe, Tax-News.com, London__01 November, 2021
Malta's recently released 2022 Budget includes measures to support low-income workers and those working part-time or overtime, to improve the supply of affordable housing, and to introduce a new concessionary tax regime for artists and performers. 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

Belt And Road Forum Agrees Digital Tax Admin Agenda
Mary Swire, Tax-News.com, Hong Kong__04 October, 2021
China has set out the priorities of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Council over the next five years, at the 36-country grouping's second forum. 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

Colombia Enacts Decree To Support Struggling Firms
Mike Godfrey, Tax-News.com, Washington__25 August, 2021
The Colombian Government has issued Decree 939 of August 19, 2021, which enables the tax agency to revise an assessment for potentially viable companies that are facing insolvency, where doing so may save the company and jobs. Read Full Story

Indonesia To Shoulder Retailers' VAT On Rental Costs
Mary Swire, Tax-News.com, Hong Kong__10 August, 2021
The Indonesian Government has legislated to shoulder the value-added tax liability of retail businesses on rent and service charges due between August and October 2021. Read Full Story

Guernsey Considering New VAT To Solve Financial Woes
Jason Gorringe, Tax-News.com, London__06 August, 2021
Guernsey lawmakers are to discuss the possibility of introducing a value-added tax system, at a debate scheduled for September 2021, it has been announced. 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

 

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