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International Tax »

HMRC Notes Shift In Multinational Tax Culture

UK tax authority HM Revenue and Customs has published the results of its 2015 Large Business Survey, which it said suggest "a shift to a more compliant mind-set among large businesses in terms of tax planning." Continue Reading »

International Law »

US Treasury Paper Criticizes EU State Aid Inquiries

The US Treasury Department has released a white paper outlining the Department's concerns with the European Commission's recent state aid investigations. Continue Reading »

Politics & Economics »

Irish Gov't Discusses Tax Before October Budget

The Irish Government has said that it does not intend to increase property tax in October's Budget. Continue Reading »

Offshore »

UK Tax Agency Gives Offshore Evaders 'Final Chance'

The UK Government is consulting on proposals to impose tough new penalties on those who do not come forward and pay outstanding taxes from offshore investments and accounts. Continue Reading »

Business »

French Employers Non-Plussed By SME Tax Cut Plan

The French Government intends to introduce a partial corporate tax cut in its Budget for 2017, according to Prime Minister Manuel Valls, although the proposal has been criticized as a complex "half measure" by France's main employers' federation. Continue Reading »

E-Commerce »

Taiwan To Tax Cross-Border e-Commerce

Given the recent rapid development of cross-border transactions over the internet, Taiwan's Ministry of Finance has disclosed it is formulating plans to tax the operations of multinational enterprises engaged in e-commerce in the country. Continue Reading »

Aviation »

Ryanair To Invest In Italy After Tax U-Turn

Budget airline Ryanair has announced that it will invest USD1bn in its operations in Italy after the Italian Government agreed not to impose a previously agreed increase to airport taxes. Continue Reading »

Marine »

Hong Kong, Russia DTA Enters Into Force

The comprehensive double taxation agreement between Hong Kong and Russia, which was signed in January this year, entered into force on July 29, 2016, and will be in effect in Hong Kong for any year of assessment beginning on or after April 1, 2017. Continue Reading »

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