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Stories that are tagged 'Compliance'




India Eases Tax Amnesty Requirements

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

Last updated 10 hours ago | Wednesday, April 26, 2017

India's Central Board of Direct Taxes on April 21 announced that it will extend the time period for making deposits under its Pradhan Mantri Garib Kalyan Yojana tax amnesty scheme. Read Full Story

 

UAE Signs Up To Tax Information Exchange Standard

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 34 hours ago | Tuesday, April 25, 2017

The United Arab Emirates has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, joining 108 other jurisdictions. Read Full Story

 

ATO: Multinationals Not Engaging In Tax Evasion

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

Last updated 34 hours ago | Tuesday, April 25, 2017

The Australian Taxation Office has said it has "not seen significant evidence of large multinationals involved in tax evasion." Read Full Story

 

Aus Labor: Delay GST On Low-Value Imports

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

Monday, April 24, 2017

The Australian Labor Party has called on the Government to delay by one year the imposition of goods and services tax on low-value goods purchased from overseas sellers. Read Full Story

 

Singapore Sees Record After Easing Compliance Burden

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

Monday, April 24, 2017

The Inland Revenue Authority of Singapore has hailed record tax compliance numbers for this year's tax season. Read Full Story

 

Indian Banks To Soon Freeze Accounts For FATCA Non-Compliance

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

Thursday, April 20, 2017

The Indian Ministry of Finance on April 11 warned that where Foreign Account Tax Compliance Act-related self-certification and due diligence in relation to financial accounts have not taken place by April 30, 2017, affected accounts may be frozen until such time as these checks have taken place. Read Full Story

 

UN Updates Transfer Pricing Practice Manual

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 20, 2017

The United Nations Committee of Experts on International Cooperation in Tax Matters has released, in digital format, the second edition of the UN Practical Manual on Transfer Pricing for Developing Countries. Read Full Story

 

New Report Estimates UK VAT Lost From Online Sales

by Jason Gorringe, Tax-News.com, London

Thursday, April 20, 2017

Online VAT fraud and error cost the British taxpayer between GBP1bn (USD1.3bn) and GBP1.5bn in lost tax revenue in 2015-16, according to a new report from the National Audit Office. Read Full Story

 

IMF Calls On Countries To Better Target Tax Relief

by Jason Gorringe, Tax-News.com, London

Wednesday, April 19, 2017

Governments should look to remove tax policies that distort business decisions, to unlock higher economic growth, a new paper from the International Monetary Fund says. Read Full Story

 

Canada To Investigate Real Estate Tax Compliance

by Mike Godfrey, Tax-news.com, Washington

Wednesday, April 19, 2017

The Canada Revenue Agency will dedicate resources to ensuring that the real estate sector in the Greater Toronto Area complies with the tax laws. Read Full Story

 

 

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