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Laos should increase its revenues by broadening the tax base, reducing exemptions, and strengthening tax administration, the International Monetary Fund said in its Article IV Report for the country. Read Full Story
The Swiss Federal Council has asked the Finance Department to draw up new proposals for corporation tax reform by mid-2017 at the latest, following its recent referendum defeat. Read Full Story
Irish Finance Minister Michael Noonan has confirmed that 13 voluntary disclosures relating to offshore matters have been made since the Budget announcement that the regime would change from May 2017. Read Full Story
On February 21, 2017, the European Council reached a compromise on a new Directive aimed at closing down hybrid mismatches between EU tax systems and those of non-EU countries. Read Full Story
The European Commission has referred Greece to the Court of Justice in a case concerning the reduced rate of excise duty it applies to the alcoholic spirits Tsipouro and Tsikoudià. Read Full Story
Apple has claimed that the European Commission erred in its interpretation of Irish law and violated the principle of legal certainty in ordering the recovery of alleged illegal state aid granted to Apple. Read Full Story
Singapore's Finance Minister, Heng Swee Keat, has presented the country's latest budget, which includes proposals for a new safe harbor rule and a preferential intellectual property tax regime. Read Full Story
The Australian Taxation Office has issued a further two taxpayer alerts warning against the incorrect use of the Research and Development Tax Incentive. 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 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
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