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Nations focus on post-pandemic tax agenda at UN Council

Nations focus on post-pandemic tax agenda at UN Council by Ulrika Lomas, Tax-Information.com, Brussels Could 12, 2021 Consultants talking on worldwide tax cooperation on the annual particular session of the United Nations Financial and Social Council concluded that extra must be accomplished by the worldwide group to handle tax base

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Nations Talk about Publish-Pandemic Tax Agenda At UN Council Assembly

by Ulrika Lomas, Tax-Information.com, Brussels 12 Could 2021 Specialists talking on the UN’s Financial and Social Council’s annual Particular Assembly on Worldwide Cooperation in Tax Issues concluded that the worldwide neighborhood should do extra to sort out tax base erosion and revenue shifting and offshore tax evasion. Amongst different

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Hong Kong information tax returns for personal people

Hong Kong information tax returns for personal people by Mary Swire, Tax-Information.com, Hong Kong Might 12, 2021 On Might 3, 2021, the Hong Kong Inland Income Division filed over 2.62 million pure particular person tax returns for the 2020-21 tax yr. The IRD mentioned taxpayers ought to typically file their

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Hong Kong Points Tax Returns For People

by Mary Swire, Tax-Information.com, Hong Kong 12 Might 2021 On Might 3, 2021, the Hong Kong Inland Income Division issued over 2.62 million tax returns for people for the 12 months of evaluation 2020-21. The IRD stated that, typically, taxpayers ought to file their tax returns inside one month, making

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Philippines to finish evaluation of tax incentives by early Could

Philippines to finish evaluation of tax incentives by early Could by Mary Swire, Tax-Information.com, Hong Kong April 26, 2021 The Philippine Treasury Division has introduced that the Fiscal Incentives Evaluation Board (FIRB) will finalize the Implementing Guidelines for the Company Reclaim and Tax Incentives Act (CREATE) by the third week

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Singapore Points Advance Ruling On IP Rights Switch

by Mary Swire, Tax-Information.com, Hong Kong 15 April 2021 On April 1, 2021, the Inland Income Authority of Singapore issued a abstract of an advance ruling regarding franchise revenue earned by a Singaporean firm from licensing mental property rights. The anonymized ruling says the franchise revenue derived by the

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China Halves Company Tax For Smallest Companies

by Mary Swire, Tax-Information.com, Hong Kong 15 April 2021 Chinese language authorities have introduced enhanced non permanent tax breaks for small companies. In announcement no. 12 of 2021, launched on April 9, 2021, the Chinese language Ministry of Finance and the State Administration of Taxation introduced that small companies

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Philippines To Full Tax Incentives Assessment By Early Might

by Mary Swire, Tax-Information.com, Hong Kong 26 April 2021 The Philippines Division of Finance has introduced that the Fiscal Incentives Assessment Board (FIRB) will full the implementing guidelines and rules for the company Restoration and Tax Incentives for Enterprises (CREATE) Act by the third week of Might. The principles

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India will increase threshold for country-by-country reporting

India will increase threshold for country-by-country reporting by Mary Swire, Tax-Information.com, Hong Kong April 15, 2021 India has handed legal guidelines to boost the gross sales threshold for submitting a country-specific report. Beforehand, multinational firms headquartered in India had been required to file a country-by-country report if their consolidated group

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