TaiwanAuthor: Yishian Lin(Reviewed up to 30 June 2017)PanamaAuthor: Andrea Judith Marusic(Reviewed up to 22 June 2017)FranceAuthor: Pierre Burg> From 1 January 2018, individual income tax will be paid at source and no longer on income earned during previous year. Special rules will apply to income earned in 2017 (transitional year).
> Supplementary individual income tax reduction introduced for middle classes.
> Duration of partial exemption applicable to inward expatriates extended from 5 to 8 years.(Reviewed up to 10 June 2017)IcelandAuthor: Vigdis Sigurvaldadottir(Reviewed up to 1 June 2017)South AfricaAuthor: Johann Hattingh(Reviewed up to 1 June 2017)ZambiaAuthor: Kennedy Munyandi> Depreciation allowance on farming and agro-processing equipment increased from 50% to 100%.
> Progressive tax rates for turnover tax introduced.
> Dividends paid by specified electricity generation companies now exempt from tax.
> Skills development levy introduced.
> VAT group consolidation abolished.
> Tourism levy introduced.
> Marginal personal income tax rate increased and tax brackets widened.
> Presumptive tax payable by public transport operators reduced.(Reviewed up to 1 June 2017)Isle of ManAuthor: Giulia Gallo(Reviewed up to 15 May 2017)China (People's Rep.)Author: Shi Qi Ma> Increased R&D deduction for small and low-profit enterprises from 2017 to 2019.
> Revised transfer pricing rules.
> Removal of 13% VAT rate.(Reviewed up to 1 May 2017)MexicoAuthors: Alejandro Calderón Aguilera, Mónica Ortega Cárdenas> References to the minimum salary replaced with the UMA.
> References to the minimum salary replaced with the UMA.(Reviewed up to 1 May 2017)SingaporeAuthor: Suet Yen Loo> Tax rebate for years of assessment 2017 and 2018.
> New seller's stamp duty rates (residential property) and new additional conveyance duties.
> Tax rebate for the year of assessment 2017.(Reviewed up to 1 May 2017)