The UK and Switzerland have signed a trade continuity agreement that will serve as a basis for their trading relationship after Brexit.

Businesses have welcomed confirmation from the OECD that countries have committed to a seek an international agreement on the taxation of the digital economy, rather than pursue unilateral measures.

Indonesia's Ministry of Finance has confirmed that online marketplaces and sellers must comply with VAT and income tax obligations set out in Indonesian in Regulation Number 210/PMK.010/2018 from April 1, 2019.

The European Commission has published proposed implementing regulations for reforms to VAT rules for e-commerce that will be effective from January 2021.

The Association of International Certified Professional Accountants has issued a policy paper calling for a multilateral approach to solving the tax challenges posed by the digital economy.

Tax-News.com: Legislation to reduce Australia's small business tax rate received Royal Assent on October 25.

Tax-News.com: Estonia has topped the Tax Foundation's International Tax Competitiveness Index for the fifth successive year, being deemed to have the "best tax code in the OECD."

Tax-News.com: Benjamin Diokno, the Philippines' Budget and Management Secretary, says the Government should secure the passage of all the remaining comprehensive tax reform bills within the next two months.