International Tax Asia Pacific and MENASA – February 2019
This e-newsletter gives you an overview of international tax developments being reported globally by KPMG member firms in the Europe and Africa Regions between 1 February 2019 and 28 February 2019.
For a full summary of global tax developments, visit home.kpmg/TaxNewsFlash.
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|Tax legislation approved and regulatory update||Corporate tax / Individual tax rates||2019||
KPMG in Jordan prepared a summary of corporate tax and individual tax rates effective in 2019.
|Tax legislation approved and regulatory update||Regulatory update||February 2019||
The Central Bank of Myanmar issued two directives concerning equity investments into local banks and foreign currency for payments.
|Proposed legislation||Tax Working Group||February 2019||
KPMG in New Zealand highlights Tax Working Group’s key recommendations and relevant design features.
|Tax legislation approved and regulatory update||Various tax areas||10 February 2019||
Ministerial Decision published recently includes provisions that supplement and clarify the application of certain provisions under Oman’s tax law.
|Philippines||Tax amnesty||February 2019||
President Rodrigo Roa Duterte signed into law the Tax Amnesty Act, providing for the settlement of estate tax obligations, and the settlement of tax delinquencies, through an amnesty program.
|Proposed legislation||VAT||February 2019||