The Carbon Tax is due upon the purchase of goods containing carbon, at the end of each calendar year during which the carbon emitting activity is carried out, or other designated timing. The implementation of Carbon Tax will be in stages according to market readiness, with the earliest stage ...
Here is a list of the requirements and the deadlines for submission from the Bureau of Internal Revenue (BIR), the Bureau of Investments (BOI), and the Securities and Exchange Commission (SEC) for various types of business structures for the calendar year (CY) 2022: PHILIPPINE BIR ANNUAL TA...
The introduction of BEPS 2.0's GloBE rules marks a significant shift in global taxation, affecting MNEs with revenues of at least EUR 750 million. The rules set a 15% Global Minimum Tax and contain nuanced rules and intricate calculations that could lead to unexpected “top-up tax” liabili...
Kwinana, Western Australia 26 bp tax report 2022 Introduction Our responsible tax principles Our total tax contribution Country by country report Country analysis Other information Country by country report We provide data from our country by country report (CbCR) for the calendar year 2022. In 2022...
If you stay or work in Singapore for61 to 182 daysin a calendar year, your income will be taxed at 15% or resident rates for individuals, whichever gives the higher tax. If you stay or work in Singapore for183 days or morein a calendar year, your income will be taxed at resident ra...
A related but separate requirement for reporting foreign financial accounts is the Foreign Bank Account Report (FBAR)⁷, provided you meet the filing threshold. If you hold more than 10,000 USD in total across all accounts abroad, on any given day during the tax calendar year you must file...
Under China’s tax laws and regulations, individuals who stay in China for 183 days or more during a calendar year are regarded as resident taxpayers and should complete the annual IIT reconciliation process during the period of March 1 to June 30, regardless of being Chinese or fore...
For businesses submitting on behalf of their employees, the annual PIT finalization is the last day of the third month from the end of the calendar year or financial year. Thus for the 2021 finalization, the deadline is March 31, 2022. ...
As 2023 concludes, tax teams should remain focused on identifying and responding to the various business and tax matters their companies have encountered during the year, while continuing to monitor and prepare for the latest tax law and policy developments. By thinking strategically, anticipating majo...
Under the TCJA, the SALT cap expires at the end of calendar 2025 unless the next president and Congress keep it alive. As lawmakers decide what to do, they'll be debating such issues as the nation's fiscal health, the interests of state and local governments, and tax fairn...