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Offshore News



UAE To Allow Loans Secured By Movable Property

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 22, 2020

The United Arab Emirates has released a new law that would allow businesses to use movable property to secure bank and commercial loans. Read Full Story


J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime

by Mike Godfrey, Tax-News.com Washington

Friday, July 17, 2020

On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud. Read Full Story


Hong Kong Announces Tax Credit Handout In 2020 Budget

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

Tuesday, March 3, 2020

Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. Read Full Story


J5 Reviews Work To Tackle Cross-Border Tax Crimes

by Mike Godfrey, Tax-News.com Washington

Tuesday, March 3, 2020

On February 19, 2020, the United States Internal Revenue Service announced that the leaders of the Joint Chiefs of Global Tax Enforcement recently gathered in Sydney, Australia, to review their work and to set priorities for the years ahead. Read Full Story


Ireland Updates Guidance On EU Exit Tax On IP Flight

by Jason Gorringe, Tax-News.com, London

Thursday, February 20, 2020

The Irish Revenue has updated its guidance on Irish exit tax legislation to reflect changes introduced by Finance Act 2019. Read Full Story


Aruba Releases Transfer Pricing Documentation Templates

by Mike Godfrey, Tax-News.com, Washington

Wednesday, January 15, 2020

Caribbean territory Aruba has released instructions on the completion of transfer pricing documentation and released model templates for completion. Read Full Story


New Zealand To Remove Low-Value Consignment Relief

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

Monday, November 25, 2019

New Zealand is to introduce GST on low-value goods sold by overseas retailers from December 1, 2019. Read Full Story


Overseas Suppliers To NZ Urged To Register For GST

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

Friday, October 18, 2019

New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline. Read Full Story


OECD To Provide Another Update On Int'l Tax Reform Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 4, 2019

The OECD has announced that the next Tax Talks webcast will be held on October 9. It will update stakeholders on its work to develop new international tax rules. Read Full Story


Ecuador, Serbia Ratify OECD's Multilateral Tax Cooperation Pact

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 5, 2019

The OECD on September 2, 2019, announced that Ecuador and Serbia have ratified the multilateral Convention on Mutual Administrative Assistance in Tax Matters. Read Full Story


Deadlines For Colombian Tax Amnesties This Month

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 5, 2019

Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties. Read Full Story


Australian High Court Allows Use Of Leaked Data In Tax Probes

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

Thursday, August 22, 2019

The Australian Taxation Office has welcomed a significant ruling from Australia's High Court, which enables the tax agency to use information obtained from data leaks, even if leaked from a law firm. Read Full Story











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