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Indonesia’s tax facility for foreign loans and grants for government projects

by usoftax_admin | Jun 13, 2024 | Tax News

Issues and opportunities arising from the tax facility for foreign loans and grants for government projects could be key to the ‘Golden Indonesia’ dream, say I Dewa Made Agung Nugraha and Egar Adipratama of GNV Consulting

IRS Extends Corp. AMT Penalty Relief Into August

by usoftax_admin | Jun 13, 2024 | Tax News

The Internal Revenue Service will continue to provide penalty relief for entities that fail to make estimated quarterly payments of the corporate alternative minimum tax through Aug. 15, the agency said Thursday.

Labour Manifesto Targets Wealthy To Fill Funding Gaps

by usoftax_admin | Jun 13, 2024 | Tax News

Labour set out plans in its election manifesto on Thursday to raise a total of more than £8.5 billion ($10.8 billion) in tax reforms that target wealthy taxpayers, although some analysts questioned whether the measures will add up.

EU Eyeing Exchange Rules Linked To Min. Tax, Official Says

by usoftax_admin | Jun 13, 2024 | Tax News

The European Union is looking to introduce rules regarding the exchange of information pertaining to the global minimum corporate tax, a top official in the EU’s executive branch said Thursday.

Swiss Finance Minister Defends Tax Competition

by usoftax_admin | Jun 13, 2024 | Tax News

Switzerland’s finance minister defended tax competition, saying citizens’ right to move to lower-tax jurisdictions helps keep public authorities from taxing and spending to excess.
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