EU Considering New Sanctions For 'Tax Havens'

by Ulrika Lomas, Tax-news.com, Brussels

Tuesday, August 15, 2017

The EU is considering four new kinds of sanctions for jurisdictions included on a forthcoming "blacklist" of so-called tax havens, according to reports. Read Full Story

Australia's Federal Gov't Fears Trade Retaliation

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

Tuesday, August 15, 2017

Australia's federal Trade Minister has warned that billions of dollars of exports and thousands of jobs are at risk from the Queensland Government's new state procurement policy. Read Full Story

US Think Tank Says Earning Stripping Regs Should Be Retained

by Mike Godfrey, Tax-News.com, Washington

Wednesday, August 9, 2017

Contrary to calls from businesses from the regulation's withdrawal, the Institute on Taxation and Economic Policy has called on the US Treasury to fully implement and strengthen its final Section 385 anti-earnings stripping debt-equity regulations, designed to reduce the benefits of corporate tax inversions. Read Full Story

BEPS Toolkit Released On Offshore Indirect Transfers

by Ulrika Lomas, Tax-News.com, Brussels

Monday, August 7, 2017

The Platform for Collaboration on Tax, a joint initiative of the OECD, the International Monetary Fund, the United Nations, and the World Bank Group, has launched for consultation a draft toolkit designed to help developing countries address concerns surrounding the tax treatment of offshore indirect transfers of assets. Read Full Story

IMF Calls For Rethink On US Tax Reform Design

by Glen Shapiro, Tax-News.com, Washington

Thursday, August 3, 2017

The current plan for US tax reform would disproportionately benefit the wealthy, the International Monetary Fund has said, recommending more support for low-income taxpayers and higher indirect taxes. Read Full Story

Hong Kong Urged To Improve PE Fund Tax Exemption

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

Thursday, July 27, 2017

Hong Kong's Financial Services Development Council has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry. Read Full Story

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• 26/07/2017 Bipartisan Support For Territorial US Tax System, BEPS Measures »
• 20/07/2017 Australia Improves Financial Services Tax Regime »
• 18/07/2017 Corporate Tax Rate Cut A Top Priority: Hatch »
• 17/07/2017 Irish FinMin Explains Response To Tax Evasion »
• 13/07/2017 Latvian Bank To Appeal French Tax Fine »
• 11/07/2017 Cyprus Opens New Tax Amnesty For Past Tax Dues »
• 07/07/2017 German Police Acquires Panama Papers »
• 19/06/2017 Irish Revenue Brings In New Anti-Evasion Staff »
• 13/06/2017 Canada To Amend Voluntary Disclosure Program »
• 05/06/2017 Canada Provides Update On Anti-Avoidance Work »
• 28/05/2017 WTO Reviews Trade Policies In Switzerland, Liechtenstein »
• 17/05/2017 China Confirms Support For Shanghai Free Trade Zone »
• 15/05/2017 German State Receives 'MaltaLeaks' Data »
• 11/05/2017 Australian Budget Targets Housing, Tax Compliance »
• 09/05/2017 Taxpayers Rush To Use Irish Voluntary Disclosure Regime »
• 04/05/2017 Irish Accountants Criticize Tax Agency's Latest Enforcement Drive »
• 01/05/2017 Irish Firms Unfazed By US Tax Reform Plans »
• 01/05/2017 Ireland Extends Deadline For Disclosure Scheme »
• 28/04/2017 Australian Gov't To Reintroduce Company Tax Cuts »
• 25/04/2017 EU Approves UK Levy On Horseracing Bets »
• 13/04/2017 New Zealand Explains Non-Resident Withholding Tax Changes »
• 10/04/2017 Stop Tax Haven Abuse Act Reintroduced In US Congress »
• 05/04/2017 HMRC Launches New Tax Fraud Hotline »