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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
US President Donald Trump has pointed out that legislation to repeal the Affordable Care Act and its taxes will need to be passed in the US Congress before a tax reform bill can be presented. Read Full Story
The US Internal Revenue Service has decided to continue to allow individual tax returns in the current filing season even if the taxpayer has not indicated their health insurance coverage status. 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
On January 24, House of Representatives Ways and Means Committee Chairman Kevin Brady delivered a speech at the US Chamber of Commerce, during which he discussed the Committee's 2017 agenda for tax reform and repeal of the Affordable Care Act. Read Full Story
The Hong Kong Government has released a report on its consultations regarding a proposed Voluntary Health Insurance Scheme, summarizing the consultation outcomes and proposing tax breaks. Read Full Story
With talk beginning in the new Congress of a repeal of President Barack Obama's Affordable Care Act, the US Chamber of Commerce has urged the immediate elimination of the health insurance tax as an immediate necessity. Read Full Story
The US Internal Revenue Service has issued Notice 2016-70 extending the due dates for certain 2016 information reporting requirements under the Affordable Care Act. Read Full Story
US House of Representatives Ways and Means Committee Chairman Kevin Brady and Senate Finance Committee Chairman Orrin Hatch have released a Majority Staff White Paper detailing a number of issues regarding the Affordable Care Act's income eligibility verification process and the premium tax credit. Read Full Story
The Philippines Government has said that the World Bank has estimated that leakages from the value-added tax exemptions for seniors could reach close to PHP10bn (USD206m) this year. Read Full Story
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