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The Australian Petroleum Production & Exploration Association has said it does not believe there is a case for reforming the Petroleum Rent Resource Tax. Read Full Story
According to a report on his time in office, US President Barack Obama "stabilized an economy in crisis and laid the groundwork for long-term growth," partly through the provision of tax relief and tax cuts. Read Full Story
The Australian Government has launched its pre-Budget consultations, seeking submissions from individuals, businesses, and community groups on their priorities for the 2017-18 Budget. Read Full Story
An International Monetary Fund staff mission concluded that Seychelles will require further measures to achieve its medium-term debt reduction target. Read Full Story
On October 19, in their third and final debate before the US election, Republican candidate Donald Trump and Democratic candidate Hillary Clinton restated their widely different tax policies, without providing any new detail. Read Full Story
An argument is ongoing in South Korea between the Government and the parliamentary opposition over the latter's call for an increase to the country's headline 22 percent corporate tax rate. Read Full Story
The Canadian Finance Department has launched pre-Budget consultations, and said it is committed to the notion of "an economy that works for the middle class." Read Full Story
A new Tax Appeals Board has begun operating in Norway, replacing five regional tax commissions and special tribunals. Read Full Story
The top decile of income earners in New Zealand is forecast to pay 37.2 percent of income tax in 2016/17, compared with 35.5 percent in 2007/08. Read Full Story
China has confirmed that a new system of taxing natural resources, which had been operating on a pilot basis, has been extended. Read Full Story
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