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International Tax »

Sweden's Spring Budget Confirms Tax Hikes

On April 15, the Swedish Government presented to Parliament its proposed Spring 2015 Budget to balance increased spending on education and welfare with tax rises of around SKR8bn (USD930m) this year. Continue Reading »

International Law »

Dixcart Releases Guide On UK's Diverted Profits Tax

Dixcart, an international business support services provider, has released a new guide on the UK's Diverted Profits Tax, which was altered ahead of its introduction on April 1, 2015. Continue Reading »


Politics & Economics »

IMF Says Now Is Opportune Time For Energy Tax Reform

The International Monetary Fund has called on governments around the world to take advantage of low oil prices and reform energy taxes to support sustainable economic growth. Continue Reading »

Offshore »

Dominica Launches Citizenship By Investment Unit

The Government of Dominica has launched a new Citizenship By Investment Unit, to improve customer service and significantly reduce the processing time for applications. Continue Reading »


Business »

Tax Compliance Burden Falling, Say Kiwi SMEs

Tax compliance costs for small- and medium-sized enterprises in New Zealand have continued to fall, according to a recently published report. Continue Reading »

E-Commerce »

SARS Praised For 2014/15 Performance

South Africa's Minister of Finance, Nhlanhla Nene, has disclosed that revenue collections for the 2014/15 fiscal year are projected to have grown by 9.6 percent during the 2014/15 fiscal year to ZAR986.4bn (USD83.6bn). Continue Reading »


Aviation »

Senegal To Reduce Tax On Air Fares

Senegal's President, Macky Sall, has announced that he intends to cut air passenger duty by 50 percent. Continue Reading »

Marine »

Singapore Extends Maritime Tax Incentives

In his 2015 budget speech, Singapore's Finance Minister, Tharman Shanmugaratnam, announced support for Singapore as an international maritime hub by extending the Maritime Sector Incentive. Continue Reading »

World Budget News and Information

 

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