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Latest Tax-News Special Feature

Australian Budget Summary

Australian Budget Summary

Attempting to build on the Coalition's low-tax, pro-business agenda, Joe Hockey announced a company tax cut as part of his first Budget as Australian Treasurer. However, with the Government having found itself backed into a fiscal corner, this Budget 2014-15 was more about raising revenue and cutting costs than reducing tax...

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Latest Tax-News

US Accountants Warn On Voluntary Return Preparer Program

In a recent letter to Internal Revenue Service Commissioner John Koskinen, the American Institute of Certified Public Accountants has expressed its opposition to the voluntary United States tax return preparer regulation program that the agency is planning.
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Auditors Criticize EU Management Of Preferential Trade Deals

A new audit report has concluded that the European Commission does not sufficiently analyze the economic impact of preferential trade agreements, a failure that can lead to the improper imposition of preferential tariffs.
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Indonesia Challenges Pakistan's Protracted Dumping Probe

Indonesia has asked the World Trade Organization to set up a panel to adjudicate in its dispute with Pakistan over the latter's anti-dumping and countervailing duty investigations concerning Indonesian paper products.
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Andorra Adjusts Indirect Tax Rates In IGI Bill

Andorra's Finance and Budget Legislative Committee has backed a proposal, submitted by the Opposition Social Democrat party, to apply a 2.5 percent reduced rate of general indirect taxation to public transport, cultural activities, including cinema and theater entry tickets, and the country's main tourist attractions Caldea and Naturlandia.
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