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Singapore Budget 2025: laying the groundwork for a resilient future

by usoftax_admin | Mar 5, 2025 | Tax News

Dario Acconci of Hawksford argues that Singapore’s 2025 Budget, which features a hefty corporate income tax rebate, is ‘generous and forward-looking’

Residence-based taxation gains weight under new China–Italy double taxation treaty

by usoftax_admin | Mar 5, 2025 | Tax News

Paolo Ludovici and Daniel Canola of Gatti Pavesi Bianchi Ludovici highlight that the new Italy–China double taxation treaty will favour the retention of greater taxing rights based on the residence principle

The Greek corporate tax system on distributed profits: challenges and international comparisons

by usoftax_admin | Mar 5, 2025 | Tax News

Thomas Leventis and Konstantinos Roumpis of Deloitte Greece highlight inconsistencies between Greece’s corporate tax treatment of distributed profits and international practices, and suggest a potential reform to create a clearer and more competitive tax...

Thailand: Split contracts and withholding tax on payments to contractors

by usoftax_admin | Mar 5, 2025 | Tax News

Paul Ashburn and Radapak Arthapridi of HLB Thailand say splitting contracts to separate labour from materials may not avoid withholding tax being applied to the goods provided, based on a ruling by the Thai Revenue Department

IRS employees ‘worried about job security’ amid layoff uncertainty

by usoftax_admin | Mar 5, 2025 | Tax News

The mass firings could affect taxpayer guidance and are expected to reduce the agency’s ability to conduct audits, one expert tells ITR
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