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The Government has announced that Hong Kong will soon commence free trade agreement negotiations with Georgia and Maldives, and has prepared a consultation document so that interested parties can put forward suggestions on areas to be covered in the two agreements.Read Full Story
Ten more countries have been assessed as having made improvements to their frameworks to exchange information with other countries to tackle tax evasion.Read Full Story
The World Bank said in a recently released report that South Asia's rapid economic growth has not yet translated into significantly higher government revenue generation and improved fiscal balances.Read Full Story
In its recent Global Economic Prospects report, published this month, the World Bank has called on countries in South Asia to broaden the scope of their consumption tax regimes, including by removing tax breaks and raising rates. Read Full Story
The rate of goods and services tax on tourism services in the Maldives increased to 12 percent from November 1, 2014. Read Full Story
While the UK has a competitive tax system it risks being overtaken by other economies easing tax burdens for businesses, according to a new report from PwC.Read Full Story
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