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International Tax »

Corporate Tax Cut Plan Before Filipino Lawmakers

Filipino Finance Secretary Carlos Dominguez has called on lawmakers to pass a package of tax measures, including a cut to the corporate tax rate and a reduction in tax breaks and holidays. Continue Reading »


International Law »

Thailand Introduces Virtual Currency Trading Tax Rules

In a last-minute change ahead of the implementation of new tax rules for virtual currency trading, Thai lawmakers agreed that virtual currency trading on regulated exchanges should be exempt from value-added tax. Continue Reading »




Politics & Economics »

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 »


Offshore »

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 »




Business »

US CPAs Recommend Easing Tax Rules On Partners Of Audited Firms

The American Institute of Certified Public Accountants has recommended that proposed regulations regarding the Centralized Partnership Audit Regime should provide "maximum flexibility" in adjusting the tax attributes of an audited partnership and its partners. Continue Reading »


E-Commerce »

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 »




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 »

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 »




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