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UK likely to implement New Tax for Online Sales

The UK Government is looking at possible taxes that could replace or supplement the regime, including a new tax on online sales alongside a review...

UAE Zero-rating - Export Services- International Taxation - UAE - Taxscan

UAE clarifies Zero-rating of Export Services [Read Clarification]

Madras HC reaffirms Amendment relaxing the Disallowance under section 40(a)(ia) is Retrospective &...

CBIC notifies revised Procedure for Import of Pets and Live Animals [Read Circular]

Transfer of Land to Holding Company exempted from Capital Gain Tax: Madras HC [Read Judgment]

CESTAT extends the facility of E-hearing to Appeals

The Customs, Excise and Service Taxes Appellate Tribunal (CESTAT) on Monday extended the facility of e-hearing to appeals. The Tribunal received various representations from the Bar Associations...

Turkey temporarily reduces VAT Rates

Turkey has temporarily reduced Value Added Tax (VAT) rates at numerous sectors through a presidential decree on its official gazette, on 31st July 2020. Turkey has taken this reduction measures in...

Switzerland relaxes VAT Refund rules for Tourists

Switzerland has relaxed VAT refund rules for tourists exporting goods on August 1st, 2020 onwards. Prior to the change, tourists were given just 30 days to export goods purchased while in...

Switzerland -VAT refund rules - tourists - Taxscan

Russia and Cyprus decides to Amend Double Taxation Treaty

Russia and Cyprus have decided to amend the double taxation treaty between the two countries. In a statement on August 3, the Russian Ministry of Finance revealed it had been engaged in...

Russia -Cyprus - double taxation treaty - Taxscan

Kerala extends Tax Amnesty Scheme till Sep 30

In the wake of the difficulties posed due to lockdown restrictions, the Department of Goods and Services Tax (GST), Kerala has notified the extension of the last date to apply for its Amnesty plan....

Tax Amnesty Scheme - kerala - GST -Taxscan

CSEET Fees paid for August 2020 will Carry Forward to November 2020: ICSI

In view of the continuing health crisis in the country due to spread of COVID-19 Pandemic, the Institute of Company Secretaries of India(ICSI) has decided to grant the benefit of carrying forward the...

IBBI amends Insolvency Resolution Process for Corporate Persons Regulations, 2016 [Read Notification]

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2020...

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