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International Tax News




India Delays Goods And Services Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 16 hours ago | Monday, January 16, 2017

The Indian Government needs more time to reach a consensus on remaining goods and services tax issues and put in place the necessary frameworks for the regime to succeed, Arun Jaitley, the Finance Minister, has said, pushing forward implementation to July.

Read Full Story

 

Mexico 'Would Retaliate' Against Trump Tariffs

by Mike Godfrey, Tax-News.com, Washington

Last updated 16 hours ago | Monday, January 16, 2017

In press interviews, Mexico's Economy Minister, Ildefonso Guajardo, has said that while US president-elect Donald Trump's threatened import tariffs are a global problem, Mexico will have to be prepared to retaliate immediately with its own measures. Read Full Story

 

 

UK Lawmakers Urged To Heed Expert Tax Reform Advice

by Jason Gorringe, Tax-News.com, London

Last updated 16 hours ago | Monday, January 16, 2017

UK members of parliament should consult tax experts before scrutinizing finance bills and be "more rigorous" in examining new measures, according to Andrew Tyrie, the Chair of the House of Commons Treasury Committee. Read Full Story

 

ATO Issues Backpacker Tax Registration Reminder

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

Last updated 16 hours ago | Monday, January 16, 2017

The Australian Taxation Office has issued a reminder to tax advisers on the new obligations their clients will have to meet when employing working holiday makers. Read Full Story

 

 

Hong Kong, Belarus Sign DTA

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

Last updated 16 hours ago | Monday, January 16, 2017

Hong Kong and Belarus have agreed to lower withholding tax rates on cross-border income under a new comprehensive double tax agreement. Read Full Story

 

ECJ AG Proposes Landmark EU VAT Ruling On Penalties

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 16 hours ago | Monday, January 16, 2017

According to an opinion of Advocate General Campos Sánchez-Bordona delivered on January 12 to the Court of Justice of the European Union, Italy should not be precluded from taking both criminal and administrative action following a taxpayer's failure to pay value-added tax. Read Full Story