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In a bid to attract wealthy individuals to relocate to the country, and high net worth Italian expats to return there, the Italian authorities have introduced a EUR100,000 (USD106,251) per year substitute tax on foreign income and gains for previous non-doms who declare Italy as their primary tax residence. Read Full Story
In his State of the Nation Address on February 14, Seychelles' President Danny Faure announced that the implementation of a progressive personal income tax regime will be delayed to January 1, 2018. Read Full Story
According to Treasury Department statistics published in the Federal Register, a record 5,411 US taxpayers gave up their passports or their green cards in 2016 – over 26 percent more than the previous record of 4,279 set in 2015. Read Full Story
Kuwaiti lawmakers are considering controversial proposals to significantly raise taxes on foreigners living and working in Kuwait. Read Full Story
Saudi Arabia has said it will not introduce a six percent tax on expatriate remittances. Read Full Story
Zimbabwe's recent Budget included tax relief measures and initiatives to tackle low compliance rates. Read Full Story
Saudi Arabia has announced plans to balance its budget by 2020. Read Full Story
The South Korean National Tax Service has issued its Easy Guide for Foreigners' Year-end Tax Settlement, to help foreign residents in the country to file a return and settle the taxes due on their 2016 income. Read Full Story
1,380 US taxpayers gave up their passports or their green cards in the third quarter of 2016, the second-highest quarterly number on record, according to Treasury Department statistics published in the Federal Register. Read Full Story
Another 508 US taxpayers gave up their passports or their green cards in the second quarter of 2016, a fall from the 1,158 expatriations seen in the first quarter, according to Treasury Department statistics published in the Federal Register. Read Full Story
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