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International Tax »

France To Increase Financial Transactions Tax

French deputies have voted in favor of an amendment to the draft 2017 Budget that will increase the country's tax on financial transactions and expand the tax's scope. Continue Reading »

International Law »

Albania To Appeal Decision On Bankers Petroleum's Tax Liability

Albania's natural resources agency has decided to appeal against a recent arbitration ruling which came down in favor of Canadian firm Bankers Petroleum in its tax dispute with the Albanian Government. Continue Reading »

Politics & Economics »

Switzerland Removes Interest On Early Tax Payments

Switzerland's Federal Department of Finance is to cut the compensatory interest rate for the early payment of direct federal taxes. Continue Reading »

Offshore »

Hong Kong Encourages Chinese Corporate Treasury Centers

Invest Hong Kong, the territory's inward investment promotional agency, has encouraged Mainland Chinese companies to establish corporate treasury centers in Hong Kong following the latest changes to the city's tax code. Continue Reading »

Business »

Indonesia Aiming To Simplify Tax Regime

The Government of Indonesia is aiming to simplify the country's tax laws with a view to boosting tax compliance, Finance Minister Mulyani Indrawati has said. Continue Reading »

E-Commerce »

China, Georgia Successfully Complete FTA Negotiations

On October 5, China's Ministry of Commerce and Georgia's Ministry of Economy and Sustainable Development signed a memorandum of understanding to mark the successful conclusion of substantive negotiations on a bilateral free trade agreement. Continue Reading »

Aviation »

Sweden Unveils Eco Tax Strategy

The Swedish Government has announced its intention to take additional tax measures to reduce household waste and encourage "sustainable consumption." 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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