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International Tax »

MEPs Call For Stricter MNE Tax Avoidance Rules

Members of the European Parliament have welcomed the Commission's Anti-Tax Avoidance Directive, but called for stricter limits on deductions for interest payments and requiring member states to levy a minimum corporate tax rate of 15 percent. Continue Reading »

International Law »

South Africa Delays Part Of Pension Regime Reforms

South Africa has promulgated legislation to postpone for two years the requirement for provident fund members to purchase an annuity at retirement, to allow a period for further consultation. Continue Reading »


Politics & Economics »

Ireland To Reform Budget Process

The Irish Government is to reform the budgetary process to ensure the more regular involvement of parliament. Continue Reading »

Offshore »

CRA Announces Membership Of Offshore Compliance Committee

The Canada Revenue Agency has announced the full membership of the Offshore Compliance Advisory Committee, which will advise on current and future administrative strategies for dealing with offshore non-compliance. Continue Reading »


Business »

Sharing Economy Businesses Lack US Tax Awareness: Survey

A small business survey focusing on participants in the US sharing economy (including platforms such as Uber, Etsy, Lift, and AirBnB) has found that 69 percent of respondents have not received any tax guidance from the shared economy platform they use. Continue Reading »

E-Commerce »

New Measures Announced To Support Chinese Exporters

In a May 9 guidance document, the State Council announced further measures to increase Chinese exports, including optimizing export tax refund policies. Continue Reading »


Aviation »

Minor Adjustments In Norway's 2016 Budget

The Norwegian Government has announced some minor adjustments to tax measures in the National Budget for 2016. Continue Reading »

Marine »

Norway's Tax Refunds For Ship Owners Approved

The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners. Continue Reading »

World Budget News and Information

 

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