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Offshore News




South Africa Consults On Diesel Fuel Tax Refund Overhaul

Lorys Charalambous, Tax-News.com, Cyprus

Thursday, February 16, 2017

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

 

CRA's Offshore Informant Program Nets CAD1m

by Mike Godfrey, Tax-news.com, Washington

Monday, February 6, 2017

The Canada Revenue Agency has reassessed more than CAD1m (USD1.07m) in federal tax and foreign reporting penalties as a result of information submitted to the Offshore Tax Informant Program. Read Full Story

 

 

Jaitley Delivers India's 2017-18 Budget

by Mary Swire, Tax-News.com, Hong Kong

Friday, February 3, 2017

On February 1, 2017, India's Finance Minister, Arun Jaitley, presented the country's Budget 2017-18, which contains several proposals aimed at simplifying and rationalizing the country's direct tax regime. Read Full Story

 

Australia Says Corporate Tax Cut, Free Trade A Win-Win

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 1, 2017

Australian Prime Minister Malcolm Turnbull has said that if the country had a 25 percent corporate tax rate today "full-time workers on average weekly earnings would have an extra AUD750 (USD570) in their pockets each and every year." Read Full Story

 

 

Dijsselbloem Warns UK Against 'Going Rogue' On Tax

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, January 26, 2017

Eurogroup President Jeroen Dijsselbloem has warned the UK against attempting to establish itself as an "offshore tax haven" post-Brexit. Read Full Story

 

Digital Services Sales Tax Floated In Canada

by Mike Godfrey, Tax-news.com, Washington

Tuesday, January 24, 2017

Canada's ruling Liberal party is reportedly considering levying a consumption tax on digital services purchased from overseas firms. Read Full Story