The legislative Yuan (parliamentary branch of government) in Taiwan has passed an amendment to abolish the yet-to-be-implemented capital gains tax on stock investments.
The Chinese Ministry of Finance (MOF) and the State Administration of Taxation (SAT) have jointly released a new Bill, Circular Caishui Notice 118, which covers the application of the zero VAT policy to services.
The New Delhi government has initiated arbitration processes for the Vodafone and Cairn Energy tax disputes, and has indicated it is not opposed to reaching settlement out-of-court.
