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Stories that are tagged 'individual income tax'




Hong Kong's Budget Provides Tax Relief

by Mary Swire, Tax-News.com, Hong Kong

Last updated 13 hours ago | Thursday, February 23, 2017

Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story

 

Australian Tax Agency Explains Spouse Tax Offset Change

by Mary Swire, Tax-News.com, Hong Kong

Last updated 13 hours ago | Thursday, February 23, 2017

The Australian Taxation Office has issued guidance on changes to the spouse tax offset that will enter into force on July 1. Read Full Story

 

Scottish Parliament Agrees New Income Tax Settings

by Jason Gorringe, Tax-News.com, London

Last updated 37 hours ago | Wednesday, February 22, 2017

Scottish lawmakers have approved plans for the structure of the nation's new individual income tax regime, following the tax devolution agreement with the UK. Read Full Story

 

French Left Candidate Proposes 90 Percent Tax

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 37 hours ago | Wednesday, February 22, 2017

Jean-Luc Melenchon, a left-wing candidate in the French presidential race, has proposed a 90 percent rate of tax on high incomes as part of a EUR273bn (USD290bn) fiscal program designed to boost the French economy. Read Full Story

 

Italy Looking For Avenues To Increase Tax Revenues

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 37 hours ago | Wednesday, February 22, 2017

It still remains uncertain as to how Italy's additional 2017 fiscal adjustment required by the European Commission will be funded, but a major part could involve cuts to individual income tax deductions. Read Full Story

 

Microsoft's Bill Gates Pushes For 'Robot Taxes'

by Mike Godfrey, Tax-News.com, Washington

Tuesday, February 21, 2017

Microsoft founder Bill Gates has thrown weight behind a proposal for a tax on companies who automate the jobs of employees who are subsequently laid off. Read Full Story

 

Think Tank: British Columbia Carbon Tax Not Revenue Neutral

by Mike Godfrey, Tax-news.com, Washington

Monday, February 20, 2017

British Columbia's carbon tax is no longer revenue neutral and could result in almost CAD900m (USD687.7m) in higher taxes over the six-year period to 2018-19, according to a new study by think tank the Fraser Institute. Read Full Story

 

Irish Revenue Launches Self-Assessment Compliance Drive

by Jason Gorringe, Tax-News.com, London

Monday, February 20, 2017

The Irish Revenue is to write to all self-assessed taxpayers who filed their 2015 Income Tax Return with advice on how to correct errors or omissions in any tax return they have filed. Read Full Story

 

IRS Warns Of Tax Software Provider Impersonators

by Scott Hamilton, Tax-News.com, Washington

Monday, February 20, 2017

The Security Summit – a collaboration between the US Internal Revenue Service, tax preparation and software firms, and state tax administrators – has warned tax professionals to be alert to a new phishing email scam where fraudsters impersonate software providers. Read Full Story

 

IRS Begins To Release Delayed Tax Refunds

by Leroy Baker, Tax-News.com, Washington

Friday, February 17, 2017

The US Internal Revenue Service has confirmed that it has begun to release refunds for individual taxpayers who have claimed the earned income tax credit and additional child tax credit on their tax returns. Read Full Story

 

 

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