Philippines authorities have changed withholding tax rates on payments to Philippines residents for service rendered.
On October 17, 2017, the State Administration of Taxation released changes in the revision to the withholding tax requirements.
In an effort to increase tax revenue and improve tax administration, the government of Oman has enacted significant changes to its tax law.
France is one of the few countries that does not place a responsibility on the employer to withhold income tax from an employee’s salary (Only social security contributions are administered and remitted by the employer). But France is seeking to change its system to bring it in line with other countries. French authorities took a further step in this direction on June 17 when the Ministry of Finance announced that a new pay-as-you-earn (PAYE) system will be introduced in 2018.
One of the budget’s key aims is to promote “minimum government and maximum governance to improve the ease of doing business”
Agreement provides for full exchange of information between the competent tax authorities