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zambia - Publishes - Tax Amendment Act - Budget - Taxscan

Zambia publishes Tax Amendment Act 2020

Taxscan Team

The Zambia Government has published the Tax Amendment Act 2020 heeding the decree of the National Budget 2020. The amendments include: Corporate...

Substantial Rights can't be Deprived on Ground of Technical Lapses: Kerala HC [Read Judgment]

Madras HC stays Special Court hearing in Tax Evasion case against Karti Chidambaram, wife

Nigerian Federal Court - Restaurants - Event Hotels - VAT - Taxscan

Collection of VAT in Hotels, Restaurants and Event Centres is Unconstitutional: Nigerian Federal...

Petition in Calcutta HC challenges denial of ITC to buyer for default of Supplier of Goods or...

Pharmaceutical Reference Standards is not a Diagonostic Reagent, attracts 18% IGST: AAR [Read Order]

The Authority on Advance Ruling (AAR) Karnataka, ruled that Pharmaceutical Reference Standards (PRS) is not a diagnostic reagent and attracts 18% of IGST. The applicant states that they are a...

Vietnam issues Draft Pronouncement on Tax Administration, Transfer Pricing, Minimum Basic Wage and Personal Income Tax

The Vietnam Ministry of Finance has issued the draft pronouncement amending certain tax rulings. Some of the main aspects of the draft include: Transfer pricing and Tax Administration of...

Vietnam - Tax Administration - VAT - PIT - Taxscan

CBDT explains Broad Scheme of TDS from Salaries

The Central Board of Direct Taxes (CBDT) has explained broad scheme of Tax deduction at Source (TDS) from of persons who is responsible for paying any income chargeable under the head "Salaries" The...

Romania withdraws VAT Split Payment System

The Romania is abolishing its VAT split payment mechanism from 1 February 2020. The cancellation was following the warning from the EU commission that the regime infringes the EU VAT rules and the...

Romania - VAT - Payment System - Taxscan

Bhutan Introduces Revolutionary GST Reform

The Bhutan’s Ministry of Finance introduced GST of flat 7% that will replace all indirect taxes like sales tax, customs duty and exercise duty as per the Goods and Service Tax (GST) Bill of Bhutan...

Turkey introduces 7.5% Digital Service Tax as a Part of ‘Expenditure Taxes Law’

The Turkey Government has enacted it's Digital Service Tax (DST) of 7.5% on gross revenue from the sales. The new DTS system was introduced as a part of the “Expenditure Taxes Law” under the Turkish...

Italy introduces ‘Plastic Tax’ despite the Industry Outcry

The Italian Government has confirmed the introduction of the tax on single-use plastic (also called MACSI). The Budget Law for fiscal year (FY) 2020 was voted by the Senate towards the end of December...

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