Business News

Netherlands Ponders New Aviation Tax

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 43 hours ago | Monday, July 16, 2018

The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021. Read Full Story

Australian Tax Changes Effective From July 1

by Mary Swire, Tax-News.com, Hong Kong

Friday, July 6, 2018

The Australian Government has set out the numerous changes made to the tax system on July 1 and launched a consultation on new tax rules for "stapled structures." Read Full Story

IMF Urges US To Hike Indirect Taxes

by Mike Godfrey, Tax-News.com, Washington

Friday, July 6, 2018

The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases. Read Full Story

Ontario Withdraws Support For Canadian Carbon Taxes

by Mike Godfrey, Tax-News.com, Washington

Last updated 43 hours ago | Monday, July 16, 2018

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3. Read Full Story

Wolters Kluwer Tax Expert Weighs In On Landmark Wayfair Ruling

by Mike Godfrey, Tax-News.com, Washington

Friday, June 29, 2018

The decision by the US Supreme Court to drop the physical presence requirement for states to impose sales tax will have an "incredible impact" on states' tax regimes and revenues, according to Mark Friedlich, Senior Director of Tax and Accounting, North America, Wolters Kluwer. Read Full Story

France Exits EU's Excessive Deficit Procedure

by Ulrika Lomas, Tax-News.com, Brussels

Sunday, July 1, 2018

France has made adequate fiscal consolidation efforts to exit the EU's excessive deficit procedure, the EU Council recently agreed, while calling on Hungary and Romania to adopt tax or expenditure measures to shore up their finances. Read Full Story

Australian Gov't Delays Company Tax Vote

by Mary Swire, Tax-News.com, Hong Kong

Sunday, July 1, 2018

The Australian Government is to postpone a Senate vote on its company tax cuts until after July's by-elections. Read Full Story

Tech Groups Raise Concerns About EU Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Sunday, July 1, 2018

The European Commission's proposal for a digital services tax would be "deeply harmful" to the EU business environment and may lead to double taxation, a coalition of business and technology groups has warned EU leaders. Read Full Story

EFTA States Sign New Free Trade Deals

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

The European Free Trade Association states – Switzerland, Liechtenstein, Iceland, and Norway – signed a free trade agreement with Ecuador on June 25, 2018, and upgraded the bloc's existing free trade deal with Turkey. Read Full Story

US Supreme Court Permits States To Tax Remote Sales

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 26, 2018

In a landmark decision on June 21, the Supreme Court of the United States overturned existing case law by ruling that a state can collect sales tax on remote sales even when the vendor does not have a physical presence in the state. Read Full Story