New Zealand Confirms Virtual Currencies Are Property For Tax Purposes

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

Thursday, April 19, 2018

New Zealand has joined a number of territories in confirming this month that virtual currency transactions are taxable as property, in new guidance that was issued at the beginning of the month. Read Full Story

German Industry Cautions Against EU Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, April 19, 2018

The Federal Association of German Industry has said that proposals for a tax on digital companies will be detrimental to the European economy and exacerbate trade tensions between Europe and the United States. Read Full Story

HMRC To Add To Arsenal Against Diverted Profits

by Jason Gorringe, Tax-News.com, London

Thursday, April 12, 2018

HM Revenue and Customs has launched a consultation inviting input on proposals to tackle arrangements entered into by individuals, partnerships, or companies that aim to move UK profits outside the scope of UK taxation, typically through the use of offshore trusts and companies. Read Full Story

India To Expand GST E-Way Bill Pilot

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

Thursday, April 12, 2018

The Indian Government has provided an update on the roll-out of the e-Way Bill system, which was introduced on April 1, 2018, confirming it will be extended to another five states from April 15, 2018. Read Full Story

Significant Changes To UK Tax Regime As Of April 6

by Jason Gorringe, Tax-News.com, London

Thursday, April 12, 2018

A number of changes to the UK tax regime became effective from the beginning of the new fiscal year, on April 6, 2018, including the introduction of the new Soft Drinks Industry Levy. Read Full Story

US Supreme Court To Begin Review Of Quill Decision April 17

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 12, 2018

The US Supreme Court is to hear arguments on whether states should be allowed to tax online retailers not based within a state's borders, in South Dakota v. Wayfair, on April 17, 2018. Read Full Story

Australian Miners' Tax Contribution Back To Boom Levels

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

Thursday, April 12, 2018

Australian mining companies paid a record AUD12.1bn (USD9.4bn) in company tax in 2016-17, according to research published by the Minerals Council of Australia. Read Full Story

Canadian Business Confidence Knocked By US Tax Changes

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 12, 2018

The Bank of Canada has published the findings of its latest business outlook survey, which shows some concern among firms over the impact of US trade and tax policies. Read Full Story

Filipino Business Leaders Back Corporate Tax Reform

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

Monday, April 9, 2018

Business leaders in the Philippines say they fully support the Duterte Administration's proposed corporate tax reforms and investment incentives package. Read Full Story

Cayman Guides On Compliance With CbC Reporting, FATCA, CRS

by Mike Godfrey, Tax-News.com, Washington

Friday, April 6, 2018

The Cayman Islands has released new guidance on the obligation on large multinational groups to file a country-by-country report in the territory and also an update on Common Reporting Standard and US Foreign Account Tax Compliance Act reporting. Read Full Story

Australia Provides Update On International Tax Enforcement

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

Wednesday, April 4, 2018

In comments to the TPMinds International Conference in late March, Deputy Commissioner Mark Konza outlined the Australia Taxation Office's priorities in the area of international tax enforcement, with an especial focus to be placed on the energy and resources sector and pharmaceutical industry. Read Full Story

Luxembourg Vulnerable To International Tax Developments, Says IMF

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 4, 2018

International tax developments could have a negative impact on Luxembourg's tax revenues and economy, the International Monetary Fund has said in its latest Luxembourg country report. Read Full Story

• 05/04/2018 Hong Kong Confirms Profits Tax Shakeup From April »
• 04/04/2018 Japan's 2018 Tax Reform Package Now Law »
• 04/04/2018 20 Irish Companies Pay Almost Half Of All Corporate Tax »
• 03/04/2018 China Cuts VAT To Fuel Economic Growth »
• 03/04/2018 South Africa Increases VAT Rate To 15 Percent »
• 03/04/2018 UK Launches VAT Due Diligence Scheme For Fulfillment Firms »
• 03/04/2018 Wales Begins Collected Devolved Taxes »
• 30/03/2018 Philippines' Corporate Tax Reform Progressing »
• 30/03/2018 Argentina Extends CbC BEPS Reporting Deadline »
• 29/03/2018 Australia Expands Multinational Anti-Avoidance Law »
• 29/03/2018 EU Authorizes Danish Flat Rate VAT Scheme For Vehicles »
• 28/03/2018 EU Commission Told To Flesh Out Digital Tax Plans »
• 28/03/2018 ICC Supports An International Digital Tax Response »
• 28/03/2018 Malaysian Firms Can Challenge Late GST Penalties Online »
• 27/03/2018 Crunch Time For Australia's Corporate Tax Cuts »
• 27/03/2018 South Africa To Increase VAT On April 1 »
• 27/03/2018 First Deadline For Chinese Environmental Tax Approaching »
• 27/03/2018 European Banks Condemn EU's Digital Tax Plans »