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International Tax »

Canada-New Zealand Double Tax Pact In Force

A new double tax agreement and an accompanying protocol between New Zealand and Canada entered into force on June 26, 2015, which will lower withholding tax rates on certain cross-border income from August 1, 2015. Continue Reading »

International Law »

Australia To Improve Superannuation Tax Break

The Australian Government will amend the income tax law to ensure that the existing MySuper tax relief covers the consequences of transfers within a super fund, where the transfer is required under the law. Continue Reading »

Politics & Economics »

China To Miss 2015 Tax Revenue Target

It appears unlikely that China will meet its budgetary target of a five percent increase in tax revenues this year, according to its Finance Minister Lou Jiwei, in comments alongside the presentation of a report on the Central Government's fiscal accounts to the State Council. Continue Reading »

Offshore »

NZ Consults Public On Property Tax Measure

New Zealand has released detailed design proposals for the new "bright line" test, which will require income tax to be paid on gains from the sale of residential property bought and sold within two years. Continue Reading »

Business »

Ivory Coast To Slash Taxes On Tech

The Government of the Ivory Coast has announced that it is to drastically cut taxes on computers and mobile phones. Continue Reading »

E-Commerce »

House Passes Permanent US Internet Tax Moratorium

On June 9, the US House of Representatives passed the Permanent Internet Tax Freedom Act, which would permanently extend the Internet Tax Freedom Act and avert a possible tax increase on internet access later this year. Continue Reading »

Aviation »

Study Points Out High Air Travel Taxes

Airlines and air passengers around the world face an increasingly complex web of taxes and airport charges that increase the cost of flying and inhibit economic competitiveness, according to a new study by UHY, the international accounting and consultancy network. Continue Reading »

Marine »

EFTA, Turkey Make Headway On Upgraded FTA

From June 1 to 4, 2015, delegates from the European Free Trade Association states and Turkey met in Ankara for the third round of negotiations on the modernization and expansion of their existing free trade agreement. Continue Reading »

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