Tax & Revenue

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Singapore Budget 2019: Smaller Duty-free Alcohol allowance and GST Relief for Overseas Shopping

From February 19 midnight, returning travellers who spend fewer than 48 hours outside Singapore will have to pay the 7 per cent goods and services tax (GST) on items bought abroad worth above $100, down from $150.

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Government has begun repaying Tax Refund Arrears, says Guan Eng

KUALA LUMPUR, Feb 16 (Bernama) - The government has begun the process of repaying tax refund arrears amounting to RM37 billion, says Finance Minister Lim Guan Eng.
Date: 16 February 2019; Type: Legal News; Source: Bernama

Hedcor Inc v Commissioner of Internal Revenue

Date: 11 February 2019; Court: Court of Tax Appeals; Citation: CTA EB No. 1733; Source: Court of Tax Appeals

Alaric Vivencio C De Andres v Spouses Atanacio S Cristobal and Another

Date: 07 February 2019; Court: Court of Tax Appeals; Citation: CTA EB No. 1701; Source: Court of Tax Appeals

Commissioner of Customs v Philippine Airlines Inc

Date: 07 February 2019; Court: Court of Tax Appeals; Citation: CTA EB No. 1731; Source: Court of Tax Appeals

Customs (Amendment) Act 2018

This Act seeks to amend the Customs Act and to make a related amendment to the Road Traffic Act.
Date: 15 February 2019; Type: Federal Amendment Act; Citation: No. 5; Source: Singapore Statutes Online

Customs (Amendment) Act 2018 (Commencement) Notification 2019

This is to notify that Sections 3(a) and (c), 4, 5, 7 to 11, 13 to 17 and 19(4), (5) and (6) of the Customs (Amendment) Act 2018 comes into operation on 18 February 2019.
Date: 15 February 2019; Type: Federal Subsidiary Legislation; Citation: No. S 101; Source: Singapore Statutes Online

Asia United Leasing & Finance Corporation v Commissioner of Internal Revenue

Date: 12 February 2019; Court: Court of Tax Appeals; Citation: CTA Case No. 8735; Source: Court of Tax Appeals

RMJR Grains Center Corporation v Commissioner of Customs, Bureau of Customs

Date: 08 February 2019; Court: Court of Tax Appeals; Citation: CTA Case Nos. 9156 to 9160; Source: Court of Tax Appeals

Snowy Owl Energy Inc v Commissioner of Internal Revenue

Date: 11 February 2019; Court: Court of Tax Appeals; Citation: CTA Case No. 9618; Source: Court of Tax Appeals

Deutsche Knowledge Services Pte Ltd v Commissioner of Internal Revenue

Date: 12 February 2019; Court: Court of Tax Appeals; Citation: CTA Case No. 9496; Source: Court of Tax Appeals

IRB wants Individuals with Overseas Bank Accounts to declare Income

PUTRAJAYA, Feb 8 (Bernama) - The Inland Revenue Board (IRB) has issued letters and emails to taxpayers who have overseas bank accounts and who have failed to file their tax returns. “Taxpayers in this category are urged to contact IRB and declare their income immediately, said its chief executive officer Datuk Seri Sabin Samitah. He ...
Date: 08 February 2019; Type: Legal News; Source: Bernama

First Philippine Electric Corporation v Commissioner of Internal Revenue

Date: 08 February 2019; Court: Court of Tax Appeals; Citation: CTA Case No. 9199; Source: Court of Tax Appeals

Commissioner of Internal Revenue v Trustmark Holdings Corporation

Date: 31 January 2019; Court: Court of Tax Appeals; Citation: CTA EB No. 1697; Source: Court of Tax Appeals

Commissioner of Internal Revenue v Northern Tobacco Redrying Co Inc

Date: 31 January 2019; Court: Court of Tax Appeals; Citation: CTA EB No. 1664; Source: Court of Tax Appeals

‘All Media Outlets must pay Tax’

Minister of Information Khieu Kanharith on Friday said Voice of America (VOA) and Radio Free Asia (RFA) would be allowed to reopen their offices only after fulfilling their tax obligations.

Government Offers Massive Tax Break to CSX Firms Double Taxation Accord set to be implemented more

Finance Ministry mulls Income Tax Reduction on Corporate Taxpayers

Jakarta, Jan 8 (ANTARA News) - The Finance Ministry is considering a reduction in the tariff of income tax on corporate taxpayers to improve the competitive edge of the national industry.

Jimmy DK v Kepala Kantor Pertanahan Kota Medan DK Direktur Jenderal Pajak v PT Perkebunan Milano Direktur Jenderal Pajak v PT Nagaraja Lestari more

New Decree offers Tax Breaks for Investors in Lao SEZs

Domestic and foreign investors will be granted a number of tax breaks under a new amended decree related to specific and special economic zones (SEZs) issued recently by the government.

Amended Law offers No Exception to VAT Charge Pay Taxes or face Closure, Thousands of Businesses warned Issue of Illegally Imported Cars remains unresolved more

Parliament to pass Tax Bill to curb Corruption

Parliament is set to pass a tax management bill that is expected to curb corruption and increase revenue, a senior member of a Pyidaungsu Hluttaw (bicameral parliament) committee said on Monday.

More Taxes to be levied on Alcohol, Cigarettes IRD to launch Integrated Tax Administration System Parliament mulls Maintaining Tax Rates to Offset Forex Pressure more

Singapore Budget 2019: Smaller Duty-free Alcohol allowance and GST Relief for Overseas Shopping

From February 19 midnight, returning travellers who spend fewer than 48 hours outside Singapore will have to pay the 7 per cent goods and services tax (GST) on items bought abroad worth above $100, down from $150.

Customs (Amendment) Act 2018 Customs (Amendment) Act 2018 (Commencement) Notification 2019 Regulation of Imports and Exports (Amendment) Regulations 2019 more

Tax Refunds to only be transferred Electronically

BANGKOK, Jan 25 (PNA) - The Spokesman for the Revenue Department, Pinsai Suraswadi, said the tax refunds in 2018 will only be transferred electronically.

Cabinet approves Return of VAT to Consumers' Debit Accounts Finance Minister: State Welfare Card Holders given 5% VAT Refund Tax Incentive seeks to help Rubber Farmers more

INDUSTRY UPDATES

Justice Ministry: US Claims ‘baseless’

The Ministry of Justice on Tuesday reacted to recent “baseless” claims by the US Embassy in Phnom Penh regarding the case of former opposition leader Kem Sokha, urging the embassy to stop spreading misinformation regarding the implementation of the law in Cambodia.

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INDUSTRY UPDATES

Court adjourns Tony Pua's Appeal against Interim Injunction over RUU355 Video Clip

PUTRAJAYA, Feb 20 (Bernama) - The Federal Court today adjourned the appeal hearing by Damansara Member of Parliament Tony Pua Kiam Wee against an interim injunction order over his alleged video clip relating to the tabling of Syariah Courts (Criminal Jurisdiction) (Amendment) Bill 2016 or RUU355.

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INDUSTRY UPDATES

DOJ urged to Act on Murder Raps vs PNP Men in Lawyer's Death

MANILA, Feb 19 (PNA) - A former Cebu City councilor asked the Department of Justice (DOJ) Monday to charge policemen implicated in the killing of his brother, lawyer Noel Archival, five years ago.

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INDUSTRY UPDATES

Laos, Japan celebrate 20 Years of Legal, Judicial Cooperation

The Lao and Japanese governments have highlighted 20 years of achievement in cooperation to strengthen the legal and judicial sectors in Laos, especially with regard to human resource development.

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INDUSTRY UPDATES

Sarawak Lawyers wants Government to set up RCI over Judge Allegations

MIRI, Feb 19 (Bernama) - The Advocates Association of Sarawak (AAS) has proposed to the government to set up a Royal Commission of Inquiry (RCI) over the allegation of judicial interference in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer recently.

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INDUSTRY UPDATES

MACC meets Judge Hamid Sultan over 63-Page Affidavit

PUTRAJAYA, Feb 18 (Bernama) - The Malaysian Anti-Corruption Commission (MACC) today met with Court of Appeal judge Datuk Dr Hamid Sultan Abu Baker over his recent 63-page affidavit, filed last week, on allegations of judicial interference.

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INDUSTRY UPDATES

CBM headed in Right Direction, Bank Development expected: Experts

The Central Bank of Myanmar (CBM) has begun taking the initial steps to stand as an independent body, local financial experts and economists say.

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INDUSTRY UPDATES

Retired SC Justice Azcuna 'Selfless Government Worker': Palace

MANILA, Feb 15 (PNA) - Malacañang wished retired Supreme Court (SC) Associate Justice Adolfo Azcuna the best as he celebrates his 80th birthday on Saturday.

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INDUSTRY UPDATES

Rule of Law followed in Ressa Arrest

MANILA, Feb 15 (PNA) - Malacañang on Friday said the rule of law was followed in the arrest of Rappler chief executive officer Maria Ressa for cyberlibel amid criticisms of suppressing press freedom.

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INDUSTRY UPDATES

Rebuilding ASEAN’s Financial Safety Net

Singapore and Indonesia signed a US$10 billion (K15.23 trillion) bilateral swap agreement last October, allowing the two countries to assist each other during times of financial stress through US dollar loans. The move signalled a willingness by ASEAN countries to play a bigger and more direct role in strengthening the region’s financial stability, but there is still much more to do.

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INDUSTRY UPDATES

Judiciary lodges Police Report over Allegations in Affidavit

PUTRAJAYA, Feb 15 (Bernama) - The Judiciary has lodged a police report over allegations made against unnamed judges and the institution in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer.

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INDUSTRY UPDATES

Blind Woman's Persistence to become Lawyer bears Fruit

KUALA LUMPUR, Feb 15 (Bernama) - ‘Where there’s a will, there’s a way’, this proverb illustrates the determination and diligence of a visually impaired young woman who has achieved her dream of becoming a lawyer.

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INDUSTRY UPDATES

Lawyer urges Government and CJ to address Justice Hamid's Revelations

KUALA LUMPUR, Feb 15 (Bernama) - Lawyer Sangeet Kaur Deo has called on the government and Chief Justice to immediately look into the claims by Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer, contained in his affidavit which revealed misconduct of top judges and judicial interference.

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INDUSTRY UPDATES

Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

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INDUSTRY UPDATES

No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

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INDUSTRY UPDATES

DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

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INDUSTRY UPDATES

Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

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INDUSTRY UPDATES

LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

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