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Stories that are tagged 'individuals'




Canadian Budget Focuses On 'Tax Fairness'

by Mike Godfrey, Tax-news.com, Washington

Thursday, March 23, 2017

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

 

Aus Pension Industry Calls For ATO Action On Unpaid Super

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

Thursday, March 23, 2017

The Association of Superannuation Funds of Australia has called on the Government to better fund the tax office to audit business for unpaid superannuation entitlements. Read Full Story

 

IRS To Provide Expedited Audit Mediation For Small Businesses

by Mike Godfrey, Tax-News.com, Washington

Wednesday, March 22, 2017

The Internal Revenue Service has released a new revenue procedure that creates a fast-tracked method for small businesses and self employed persons to engage with the IRS to resolve disputes. Read Full Story

 

UK To Expand Double Tax Treaty Passport Scheme

by Jason Gorringe, Tax-News.com, London

Wednesday, March 22, 2017

HM Revenue and Customs is planning to make its Double Taxation Treaty Passport scheme available to all UK borrowers following a consultation on a legislative amendment. Read Full Story

 

Filipino Businesses Welcome Income Tax Reforms

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

Tuesday, March 21, 2017

Representatives from the Philippines' major business organizations have expressed support for House Bill No. 4774, which includes measures to make the tax system simple, equitable, and efficient for small taxpayers. Read Full Story

 

Singapore Cuts Stamp Duty On Speculative Property Investment

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

Friday, March 17, 2017

Singapore has eased stamp duty rates on properties sold soon after they are purchased. Read Full Story

 

Ireland Extends Guide Dog Tax Break

by Jason Gorringe, Tax-News.com, London

Thursday, March 16, 2017

The Irish Revenue has extended the current Guide Dog tax allowance to owners of Assistance Dogs. Read Full Story

 

IRS Issues Report On Low Income Taxpayer Clinic

by Mike Godfrey, Tax-News.com, Washington

Tuesday, March 14, 2017

Low Income Taxpayer Clinics in the United States helped almost 20,000 taxpayers in disputes with the Internal Revenue Service in 2015, eliminating more than USD64m in tax liabilities, penalties, and interest. Read Full Story

 

Canadian MPs Call For Tougher Action On Tax Evasion

by Mike Godfrey, Tax-news.com, Washington

Tuesday, March 14, 2017

The Canadian House of Commons has passed a motion calling on the Government to take tougher action against tax avoidance and to close tax loopholes. Read Full Story

 

UK Pensions Tax Decision Criticized

by Jason Gorringe, Tax-News.com, London

Monday, March 13, 2017

A proposed new 25 percent tax charge on moving funds overseas from a UK registered pension scheme should have additional exemptions for people who are genuinely moving overseas, says the Chartered Institute of Taxation. Read Full Story

 

 

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