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International Tax »

Senate, House Reach 'Agreement In Principle' On US Tax Bill

House and Senate Republicans have reportedly reached an "agreement in principle" on a final tax reform bill, with a final proposal expected to be placed before President Trump by Christmas. Continue Reading »

International Law »

MEPs Approve PANA Committee Tax Recommendations

Members of the European Parliament have approved the recommendations made by the European Parliament's special committee on tax avoidance and evasion, calling for open registers of beneficial owners, effective protections for whistleblowers, and new rules for intermediaries. Continue Reading »

Politics & Economics »

Singapore Seeks Input On Upcoming Budget

Singapore's Ministry of Finance has launched its annual consultation on tax and spending proposals to be included in this year's Budget. Continue Reading »

Offshore »

Transfer Pricing Regime Changes Also In NZ BEPS Bill

The New Zealand Government has released an explanatory memorandum on the technical provisions to counter base erosion and profit shifting in the Taxation (Neutralising Base Erosion and Profit Shifting) Bill, which was recently tabled in parliament. Continue Reading »

Business »

Saudi Arabia Clarifies VAT On Electronic Services, E-Commerce

Saudi Arabia's tax agency has released a statement clarifying that all electronic sales and purchases are to be subject to the standard five percent value-added tax rate, with due amounts to be collected by the Customs Authority at the port of entry. Continue Reading »

E-Commerce »

EU, Japan Finalize Landmark Free Trade Deal

The EU's new free trade agreement with Japan, finalized by negotiators from both sides on December 8, 2017, has been described as the European bloc's most comprehensive yet. Continue Reading »

Aviation »

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 »

Marine »

India To Amend GST Rates On Oil, Gas Industry

India's Goods and Services Tax Council has proposed new GST rates for the oil and gas industry. Continue Reading »

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