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Stories that are tagged 'Education'

UK To Proceed With Tougher Hidden Economy Tax Penalties

by Jason Gorringe,, London

Wednesday, March 22, 2017

The UK Government is planning to take tougher action against those who withhold information from the tax authority on grey market activities. Read Full Story


IRS Issues Report On Low Income Taxpayer Clinic

by Mike Godfrey,, Washington

Tuesday, March 14, 2017

Low Income Taxpayer Clinics in the United States helped almost 20,000 taxpayers in disputes with the Internal Revenue Service in 2015, eliminating more than USD64m in tax liabilities, penalties, and interest. Read Full Story


Hong Kong Tables Budget's Tax Measures Bill

by Mary Swire,, Hong Kong

Monday, March 6, 2017

The Inland Revenue (Amendment) Bill 2017, which would implement concessionary tax measures proposed in Hong Kong's 2017-18 Budget, was gazetted on March 3, and will be tabled in the Legislative Council on March 22. Read Full Story


IRS Reminds International Taxpayers of Filing Obligations

by Mike Godfrey,, Washington

Wednesday, March 1, 2017

The Internal Revenue Service has reminded certain non-US citizens, such as international students and scholars working or receiving scholarship funds, that they may have special requirements to file a US tax return. Read Full Story


Business Groups Seek Progress On Australia-Indonesia FTA

by Mary Swire,, Hong Kong

Monday, February 27, 2017

Businesses from Australia and Indonesia have urged officials to reach an agreement on a new trade deal by August, the target date set by ministers. Read Full Story


SARS Issues PBO Tax Exemption Guide

by Lorys Charalambous,, Cyprus

Monday, January 30, 2017

The South African Revenue Service has issued a tax exemption guide on the income tax exemption for a public benefit organization carrying on a public benefit activity. Read Full Story


US Congress Receives Savings Tax Incentive Bill

by Leroy Baker,, Washington

Tuesday, January 24, 2017

Lynn Jenkins (R - Kansas) and Ron Kind (D - Wisconsin) of the Ways and Means Committee have introduced bipartisan legislation into the US House of Representatives to improve access to tax-advantaged 529 college and ABLE savings accounts. Read Full Story


US Taxpayer Advocate Calls For Simpler Tax Code

by Mike Godfrey,, Washington

Wednesday, January 11, 2017

The United States National Taxpayer Advocate Nina E Olson, has once again emphasized the need for simplification of the US tax code in her annual report to Congress. Read Full Story


ATO To Collect Data On Ride-Sharing Services

by Mary Swire,, Hong Kong

Thursday, December 15, 2016

The Australian Taxation Office has released guidance on its Ride Sourcing data matching program, developed to address registration, lodgment, and reporting risks. Read Full Story


Accountancy Profession Adapting To Digital Age: Survey

by Jason Gorringe,, London

Tuesday, November 8, 2016

A recent survey of accountants in the UK has found that 83 percent believe understanding technology is equally as important to their job as understanding accountancy. Read Full Story




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