Published new rules on income tax withholding remittance and reporting obligationsCarlos FernándezSmithFernando F. Fernández Barroso
These Rules are formulated in accordance with the provisions of the “Enterprise Income Tax Law of the People’s Republic of China” (hereinafter referred to as the “EIT Law”). Article 2. Sole proprietorship enterprises and partnership enterprises as cited in Article 1 of the EIT Law refer...
Tax rules can change each year, making it tough to keep up. So, how do you find out about key new tax laws for 2024? Easy—just turn to H&R Block. The best part is that you don’t have to dig for details. Block has got you covered with an outline of the tax changes for 2024...
The article focuses on the changes on the rules for the taxation of dividends, intended to level the playing field between corporations bringing on business and usage of income trusts in Canada. According to the author, the new system is based on a presumed 32% corporate tax rate. The existi...
BEIJING, March 16 -- China Saturday announced specific rules concerning tax exemption to reduce the amount of individual income tax (IIT) paid on incomes earned overseas. According to the rules jointly unveiled by the Ministry of Finance and State Taxation Administration (STA), individuals who ...
UAE new tax rules: Corporate tax reduced for small businesses TheUAE’s Ministry of Financeissued on Thursday a Ministerial Decision stipulating new rules for small businesses’ corporate tax. The Small Business Relief decision addresses the Federal Decree-Law No. 47 of 2022 on the Taxation of Co...
The general FIRPTA rules described above are modified for entities that qualify as “foreign governments” under Section 892 of the Code. Such an entity is generally exempt from U.S. taxation on income from investments in securities, including, in general, stock of a USRPHC, whether or not ...
LOW-INCOME HOUSING ON CHURCH LAND Religious institutions and nonprofit colleges in California can now turn their parking lots and other properties into affordable housing. The new law, which helps these institutions bypass most local permitting and environmental review rules, was among several i...
Additionally, the tax authority will conduct inspections to control the fulfillment of the necessary requirements to use the fiscal benefit. Because of the new VAT rate, the tax authority has issued the Sixth Resolution for Modifications to the Miscellaneous Resolution 2018 establishing rules appl...
PER-02 stipulates that companies registered in the following tax offices mustnow submit their Corporate Income Tax Return (CITR) through e-Filing: 1. Tax offices for medium-sized taxpayers (Madya); 2. Jakarta Khusus tax offices that include: ...