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Switzerland shares tax knowledge with 12 different nations

Switzerland shares tax knowledge with 12 different nations by Lorys Charalambous, Tax-Information.com, Cyprus June 22, 2022 At its assembly on Could 18, 2022, the Federal Council accepted the message on the introduction of the automated trade of data on monetary accounts (AEOI) with 12 different accomplice nations. Particularly, the Federal

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BVI launches new tax administration platform

BVI launches new tax administration platform by Jason Gorringe, Tax-Information.com, London June 22, 2022 The British Virgin Islands Inland Income Division is rolling out a brand new platform early subsequent 12 months to automate the administration of all taxes and licenses. The usual Built-in Authorities Tax Administration System — SIGTAS

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Guernsey delays tax reform debate to look at company tax choices

Guernsey delays tax reform debate to look at company tax choices by Jason Gorringe, Tax-Information.com, London April 29, 2022 The Guernsey Authorities introduced on 26 April 2022 {that a} parliamentary debate on tax reform scheduled for July would now be postponed to the top of the 12 months to permit

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Singapore provides steerage on ICAP participation

Singapore provides steerage on ICAP participation by Mary Swire, Tax-Information.com, Hong Kong March 21, 2022 The Inland Income Authority of Singapore (IRAS) has issued steerage for taxpayers on accessing the Worldwide Compliance Assurance Programme, a voluntary danger evaluation and assurance scheme. IRAS participated in ICAP from 2021. Developed by the

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Cambodia once more delays plans to tax capital beneficial properties

Cambodia once more delays plans to tax capital beneficial properties by Mary Swire, Tax-Information.com, Hong Kong March 21, 2022 Cambodian authorities have introduced one other two-year delay in introducing a capital beneficial properties tax. Guidelines for the regime have been set out in Prakas 346 in Khmer language, issued in

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Bermuda legislates for payroll tax adjustments in Finances 2022

Bermuda legislates for payroll tax adjustments in Finances 2022 by Jason Gorringe, Tax-Information.com, London March 21, 2022 Bermuda filed the Payroll Tax Modification and Validation Invoice 2022 to implement payroll tax measures introduced within the territory’s current price range. The price range introduced that Bermuda will additional scale back the

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Singapore Targets A Extra Progressive Tax Regime In 2022 Funds

by Mary Swire, Tax-Information.com, Hong Kong 21 March 2022 Singapore has introduced private revenue tax hikes and better wealth taxes on the territory’s wealthiest people, in addition to plans to ramp up the territory’s carbon tax, in its newly launched Funds. The Funds additionally acknowledges that the territory will

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Cambodia Once more Delays Capital Positive aspects Tax Plans

by Mary Swire, Tax-Information.com, Hong Kong 21 March 2022 Authorities in Cambodia have introduced an additional two-year delay to the implementation of a capital beneficial properties tax. The foundations for the regime have been set out in Prakas 346, within the Khmer language, issued in September 2020. The levy,

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