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For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in the 2017 Index of Economic Freedom from the Heritage Foundation. Read Full Story
HM Revenue and Customs's new measure to crackdown on abuse of a VAT simplification scheme for small businesses may be ineffective and have unwelcome consequences for tax-compliant businesses, the Chartered Institute of Taxation has said. Read Full Story
The Retail Industry Leaders Association and CEOs of several large US retail companies met President Donald Trump on February 15 to discuss US tax reform, and to express their opposition to the proposal for border adjustability. Read Full Story
The UK Government should reform the business rates (commercial property tax) system in the upcoming Budget to support long-term business investment, the British Chambers of Commerce has said. Read Full Story
The European Commission has called on Spain to lower the penalties it applies to taxpayers who fail to report assets held abroad. Read Full Story
The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries. Read Full Story
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