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  • Measures make it easier to obtain VAT status
    The Administration Measures on Recognition of General VAT Payers, which came into effect in March, has made it easier for companies in China to obtain general VAT status.
    June 07 2010
  • Singapore and Hong Kong top survey
    A survey has found that Singapore and Hong Kong have the most consistent, predictable and least complex tax systems in the Asia-Pacific region.
    June 07 2010
  • Treaties and TIEAs signed this week
    Type of Agreement Country Country Date Signed Double Taxation Agreement Laos Malaysia June 3 2010 Double Taxation Agreement Chile Switzerland June 4 2010 Double Taxation Agreement Venezuela United Arab Emirates June 7 2010
    June 07 2010
  • Delhi tribunal rules on non-operating income
    The Delhi bench of the Income-tax Appellate Tribunal has upheld the exclusion of non-operating incomes like interest, dividends and income from share trading while determining profit margin under the transactional net margin method (TNMM).
    June 07 2010
  • Kenya urged to cut taxes
    Kenya's government has been advised to reduce the country's corporate tax and VAT rates, increase personal allowances and introduce an environment tax to stimulate consumption and spur economic growth.
    June 07 2010
  • Deals of the week
    International Tax Review's weekly round up of the biggest deals and transactions.
    June 07 2010
  • New EU network will combat carousels
    The EU Council reached agreement on Tuesday on a draft regulation to fight VAT fraud, which costs member states billions of euros in lost tax annually.
    June 07 2010
  • Japan's ruling party proposes tax cut
    Japan's ruling party, the Democratic Party of Japan (DPJ), plans to lower corporate tax as part of their campaign for the upcoming election in the upper house next month.
    June 06 2010
  • Minister announces shift from GST to VAT
    The Pakistan finance minister has announced that the government will transform the country's goods and service tax into a value-added tax later this year.
    June 06 2010
  • Brazilian taxpayers left unsure as to which rules to follow
    New transfer pricing rules failed to be passed into law within the Constitutional deadline, creating controversy as to which rule applies to transactions carried out since the beginning of the year.
    June 06 2010
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