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International Tax »

EU Announces Massive Overhaul To EU Digital VAT Rules

The European Commission on December 1 unveiled a series of measures to improve the value-added tax environment for e-commerce businesses in the EU. The proposals are intended to enable consumers and companies – in particular start-ups and SMEs – to buy and sell goods and services more easily online. Continue Reading »

International Law »

Sanders To Introduce US 'Outsourcing Tax' Legislation

US Senator Bernie Sanders has stated his intention to introduce legislation into Congress that would impose an "outsourcing tax" on companies moving jobs out of the United States, as well as stripping them of their US tax breaks and benefits. Continue Reading »

Politics & Economics »

South Africa's Tax Plans Secure It Stable Credit Rating

Both Moody's Investors Service and Fitch Ratings have kept their investment grade ratings for South Africa, following the additional fiscal consolidation contained in the Government's recent 2016 Medium Term Budget Policy Statement. Continue Reading »

Offshore »

Australia To Legislate For Diverted Profits Tax

The Australian Government has released draft legislation for the implementation of the proposed Diverted Profits Tax. Continue Reading »

Business »

EU Claims WTO Victory In Boeing Tax Break Case

The EU has claimed victory in a WTO dispute with the US over tax treatment afforded by the state of Washington to Boeing. Continue Reading »

E-Commerce »

China, New Zealand To Upgrade FTA

The launch of negotiations to upgrade the existing China-New Zealand free trade agreement was announced on November 21, following a meeting between Chinese Commerce Minister Gao Hucheng and New Zealand's Trade Minister Todd McClay at the Asia-Pacific Economic Cooperation Summit in Lima. Continue Reading »

Aviation »

MENA Airlines Concerned About Rising Tax Burden

Aviation industry players in the Middle East and North Africa region are concerned about rising taxes and charges, says the International Air Transport Association. Continue Reading »

Marine »

EFTA Approves Eco Tax Incentives For Norwegian Ships

The European Free Trade Association Surveillance Authority has approved a tax-based state aid scheme aimed at reducing maritime transport pollution in Norway. Continue Reading »

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