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Stories that are tagged 'individuals'




Hong Kong Gazettes Funds Tax Exemption Bill

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

Friday, June 23, 2017

Hong Kong has published legislation that would extend a profits tax exemption to privately offered open-ended fund companies (OFCs) based in Hong Kong. Read Full Story

 

Chile Boasts Rise In Voluntary Corporate Tax Compliance

by Glen Shapiro, Tax-News.com, Washington

Thursday, June 22, 2017

Chile saw a three percent increase in voluntary tax filing compliance and an uptick in revenue collections from companies during this year's filing season, boosted by new initiatives to ease tax compliance. Read Full Story

 

New Zealand Government To Simplify Personal Income Tax

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

Tuesday, June 20, 2017

New Zealand's Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages, or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. Read Full Story

 

US Taxpayers' Input Sought On Tax Reform

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 20, 2017

The Senate Committee on Finance has asked for public input on US tax reform options. Read Full Story

 

UK Tax Burden To Rise, Chancellor Confirms

by Jason Gorringe, Tax-News.com, London

Monday, June 19, 2017

UK Chancellor Philip Hammond has signalled that the next Government is likely to increase taxes, saying that the "objective remains to bring the public finances back to balance by the middle of the next decade." Read Full Story

 

Brazil May Slash Top Individual Income Tax Rate

by Mike Godfrey, Tax-News.com, Washington

Friday, June 16, 2017

In a bid to improve the functioning of the tax regime for individuals, Brazil is considering lowering the rate on top earners and introducing tax on dividend payments to shareholders. Read Full Story

 

Brazil's Senate Consults On Import Tax Exemption Proposal

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 15, 2017

Brazil's Senate has launched a consultation on a proposal to exempt from import duties goods bought by individuals worth up to USD1,000. Read Full Story

 

Irish Legal Professionals Propose Enhancements To Tax Regime

by Jason Gorringe, Tax-news.com, London

Wednesday, June 14, 2017

The Law Society of Ireland has published 22 recommendations for changes to the Irish taxation and probate systems, to boost the country's attractiveness for entrepreneurs and the creative industries. Read Full Story

 

South Africa Urged To Drop New Wealth Tax Proposals

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 9, 2017

A think tank in South Africa has warned that introducing a new form of wealth tax will unfairly add to the high tax burden of a small number of taxpayers that contribute the most in revenues already. Read Full Story

 

CRA Analyzes Canadian Income Tax Gap

by Mike Godfrey, Tax-news.com, Washington

Wednesday, June 7, 2017

The Canada Revenue Agency has published a study that estimates that the federal income tax gap was around 6.4 percent in 2014. Read Full Story

 

 

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