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The tax measures contained Canadian Finance Minister Bill Morneau's second Budget are focused on closing loopholes, cracking down on tax evasion, and improving tax reliefs for the "middle class." Read Full Story
The Australian Government will introduce a new tax exemption for superannuation funds and life insurance companies offering innovative income stream products. Read Full Story
HM Revenue and Customs has warned taxpayers that it will investigate anyone using a new disguised remuneration tax avoidance scheme. Read Full Story
UK Chancellor Philip Hammond has backtracked on plans to increase National Insurance (social security) contributions for self-employed people. Read Full Story
UK Prime Minister Theresa May has agreed to delay legislating for an increase in National Insurance contributions for self-employed persons until fall, following opposition to the proposals from senior members of her party. Read Full Story
24 million people would no longer have subsidized health insurance by 2020 if the American Health Care Act is enacted in its current form, according to a new report from the Congressional Budget Office. Read Full Story
A significant cut to the dividend tax allowance announced in the UK Budget will not deter people from incorporating their own business to take advantage of lower corporation tax rates, the Chartered Institute of Taxation has said. Read Full Story
Further progress towards the repeal of Obamacare and its replacement with a Republican alternative was taken on the evening of March 9, with the House of Representatives House Ways and Means Committee approving the proposed new legislation. Read Full Story
Changes to Switzerland's Withholding Tax Ordinance will enter into force on April 1, with the aim of facilitating group financing activities. Read Full Story
Foreign investment restrictions on manufacturing and certain services are to be eased at the China (Shanghai) Pilot Free Trade Zone this year. Read Full Story
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