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International Tax »

Carbon Taxes Too Low To Tackle Climate Change, Says OECD

The OECD has called on governments to significantly hike taxes on greenhouse gas emissions, noting that current carbon prices are falling short on levels needed to achieve climate change reduction goals. Continue Reading »

International Law »

India Concludes A Further Five Unilateral APAs

India's Central Board of Direct Taxes has entered into a further five unilateral advance pricing agreements. Continue Reading »

Politics & Economics »

South Africa Postpones Environmental Tire Levy

South Africa's National Treasury has disclosed that the environmental tire levy will not be introduced until February 1, 2017, instead of from October 1 as had been planned. Continue Reading »

Offshore »

EU To Create List Of Non-Cooperative Tax Jurisdictions

The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. Continue Reading »

Business »

Switzerland To Amend Withholding Tax Ordinance

The Swiss Federal Council has proposed an amendment to the Withholding Tax Ordinance that it said will facilitate group financing. Continue Reading »

E-Commerce »

Taiwan To Levy VAT On Online Retailers

Taiwan's Executive Yuan has approved a Finance Ministry proposal to impose value-added tax on foreign online sellers' supplies to Taiwanese consumers. Continue Reading »

Aviation »

Airlines Call For Abolition Of UK APD

Trade association Airlines for Europe has called on the UK Government to abolish Air Passenger Duty, to boost economic output by 1.7 percent and create 61,000 new jobs by 2020. 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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