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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
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
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
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
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
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
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
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
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
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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