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International Tax »

Mexico Commits To Stable Taxes In 2016 Budget

The head of Mexico's Secretariat of Finance and Public Credit, Luis Videgaray Caso, has said that Budget 2016 will not include new taxes or increases to existing taxes. Continue Reading »

International Law »

UK Tax Paid By Non-Doms Increases

International law firm Pinsent Masons has said that UK-based non-doms paid GBP6.6bn (USD10.2bn) in income tax in 2013-14 and warned that this considerable contribution to the UK economy could be put at risk by the reforms announced in July's Budget. Continue Reading »

Politics & Economics »

NZ Consults On Property Withholding Tax For Offshore Sellers

New Zealand on August 31, 2015, launched a public consultation on the Government's proposed residential land withholding tax. Continue Reading »

Offshore »

Indian Court Allows Mauritius Treaty Benefits For Appellant

Rejecting "treaty shopping" claims, India's High Court of Punjab and Haryana has ruled that India should not tax capital gains from the sale by Mauritian entities of shares held in an Indian company if they are proven resident in Mauritius. Continue Reading »

Business »

Abbott To Scrap Labor's Bank Deposit Tax

Australian Prime Minister Tony Abbott has announced that the Government will not proceed with the former Labor administration's plans for a Bank Deposit Tax, which was due to enter into force on January 1, 2016. Continue Reading »

E-Commerce »

Australian Treasurers Agree On GST Reform

Australia's federal, state, and territory treasurers have agreed to broaden the goods and services tax (GST) to cover overseas online transactions under AUD1,000 (USD732) but they failed to reach a consensus on removing the GST from feminine hygiene products. Continue Reading »

Aviation »

Australian Report Confirms Post-Carbon Tax Savings

Australian households are saving an average of AUD550 (USD403) a year following the repeal of the carbon tax, the Australian Competition and Consumer Commission has confirmed. Continue Reading »

Marine »

Indonesia Issues New Tax Holiday Regulations

Indonesian Finance Minister Bambang Brodjonegoro has issued new regulations expanding the availability of Indonesia's pioneer industry tax holiday scheme. Continue Reading »

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