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IMF Peer-to-Peer tax proposals

The International Monetary Fund has rejected calls for a rethink of taxation principles for the digital, Peer-to-Peer (P2P) economy.  Instead, it suggests that any changes required to adapt to the bur...Continued

How blockchain could shape tax automation

Blockchain, the online public ledger technology that underpinned Bitcoin, has been the hot topic in business technology lately, because it has the potential to transform the way businesses manage and ...Continued

Nepal VAT registration threshold increase

The 2016 budget for Nepal has submitted, and included a change in the Value Added Tax registration threshold. The new VAT registration threshold has been raised to 5 million Rupees from NPR...Continued

Malaysia extends 1st GST return deadline

Following the introduction of GST to Malaysia on 1 April 2015, the customs department has announced that it will extend the deadline for the first monthly filing from 31 May to 14 June 2015. ...Continued

New Zealand GST returns and compliance changes

The New Zealand GST Taxation Revenue Authority has issued a range of compliance measure. These include: New Zealand businesses are entitled to recover EU VAT where suffered following the 2014 intr...Continued

Singapore GST changes

A range of tax deductions and reclaims have been proposed to the Singapore Goods & Services Tax regime. These include: A relaxation on the deductibility of GST on real estate and goods incurred b...Continued

Singapore discussions on Goods & Services Tax changes

Singapore discussions on Goods & Services Tax changes The Singaporean government has invited interested opinions on proposed changes to the Singapore GST regime. The review will last until 1 July 201...Continued

Algerian VAT rate changes

Algeria has changed some of the rates and treatments of certain goods and services in its Finance Law 2014. Algerian VAT is currently levied at 17%, with a reduced VAT rate of 7% on basic foods and ot...Continued