Norway Announces Tax Breaks In Revised Budget

Norway's Government on May 15, 2018, released a revised Budget, including a VAT exemption for electronic publications, changes to tax reliefs for corporates, and a simplified tax regime for foreign workers. Continue Reading »

Ireland Releases Virtual Currency Tax Guidance

The Irish Revenue has issued an eBrief to clarify how "normal tax rules" apply to transactions involving cryptocurrencies. Continue Reading »

HK's Legislature Passes 2018/19 Budget Bill

Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament. Continue Reading »

Australia Budget Cuts Personal Income Tax

In addition to extending an increased expensing limit for small firms, reforming the research and development tax incentive, and committing to further corporate tax cuts, the Australian Government has announced significant personal income tax relief in what is expected to be the last Budget before elections. Continue Reading »

South Africa Invites Comment On VAT Zero-Rate Review

South Africa's National Treasury is inviting the public to contribute to a review of the list of items zero-rated for value-added tax purposes. Continue Reading »

Canada Urged To Introduce Digital Tax Nexus Rules

The Canadian Parliament's international trade committee has recommended that the federal Government tax products supplied to Canadian consumers by online platforms. Continue Reading »

Fall-off Noted In German Environmental Tax Burden

Environmental tax revenue as a percentage of Germany's overall tax take has fallen to its lowest level in more than 20 years, according to the country's statistical agency. Continue Reading »

EC Scrutinizes Tax Breaks For Polish Shipyards

The European Commission has opened an in-depth investigation into a Polish tax scheme for shipyards, which it says could give shipbuilders an unfair competitive advantage over rivals. Continue Reading »