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International Tax »

Hong Kong Urged To Improve PE Fund Tax Exemption

Hong Kong's Financial Services Development Council has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry. Continue Reading »

International Law »

Turkey Tops New Tax Complexity Index

Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group. Continue Reading »

Politics & Economics »

Dublin Chamber Calls For Tax Breaks For Share Schemes

The Dublin Chamber of Commerce has called on the Irish Government to introduce a tax-efficient share-based remuneration scheme for SMEs and improve the capital gains tax regime. Continue Reading »

Offshore »

UK, Netherlands Biggest 'Conduits' For Offshore Investment

Researchers at the University of Amsterdam have looked at how corporations make use of particular countries and jurisdictions to minimize their tax liabilities. Continue Reading »

Business »

Romania Drops Solidarity, Turnover Tax Proposals

The Romanian Government has scrapped controversial plans to introduce a solidarity tax on high incomes and replace corporate income tax with a turnover tax. Continue Reading »

E-Commerce »

Luxembourg's E-Commerce VAT Revenues Plunge

Value-added tax revenues from e-commerce activities in Luxembourg have declined sharply in the wake of European Union measures to reduce VAT competition in the EU. Continue Reading »

Aviation »

EU Approves Irish Air Tax Exemption

The European Commission has concluded that an exemption for transfer and transit passengers from the Irish air travel tax was in line with EU state aid rules. Continue Reading »

Marine »

Greek Shipowners Agree Extra Tax Payments

The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government. Continue Reading »

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