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Politics & Economics News

Polish Government Adopts SEZ Plan

by Ulrika Lomas,, Brussels

Wednesday, February 21, 2018

The Polish Government has approved plans to effectively extend the scope of Poland's Special Economic Zones regime nationwide. Read Full Story

Slovenia Pursuing 'Tax Haven' Asset Tax, Covering Also EU States

by Ulrika Lomas,, Brussels

Saturday, February 17, 2018

The European Central Bank on February 14 published an opinion (CON/2018/8) on a proposal from lawmakers in Slovenia on a draft law on the return of monetary funds to the country from designated "tax havens" and the imposition of a penalty tax, providing an outline of the proposed regime. Read Full Story

India Clarifies Capital Gains Tax Changes

by Mary Swire,, Hong Kong

Wednesday, February 14, 2018

India's Central Board of Direct Taxes has released further information on the long-term capital gains tax announced in the recent budget, in the form of a list of answers to frequently asked questions. Read Full Story

Trump Announces Rettig To Lead IRS

by Mike Godfrey,, Washington

Wednesday, February 14, 2018

US President Donald Trump has announced his intent to nominate tax lawyer Charles P Rettig as Commissioner of the Internal Revenue Service for the remainder of a term of five years beginning on November 13, 2017. Read Full Story

Japan's Cabinet Endorses Tax Reform Plans

by Mary Swire,, Hong Kong

Monday, February 5, 2018

Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate. Read Full Story

France Denies SocGen's 'Rogue Trader' Tax Loss

by Ulrika Lomas,, Brussels

Thursday, January 18, 2018

The French tax authority has reportedly issued an assessment requiring Societe General to repay a EUR2.2bn (USD3bn) tax credit linked to losses the bank suffered as a result of the activities of rogue trader Jerome Kerviel. Read Full Story

Varadkar Against Unilateral EU Action On Tax

by Jason Gorringe,, London

Thursday, January 18, 2018

Irish Prime Minister Leo Varadkar has said that the EU "should not give advantages" to its competitors by "acting unilaterally" on tax. Read Full Story

Taiwan Collected Record Tax Revenues In 2017

Mary Swire,, Hong Kong

Tuesday, January 16, 2018

Taiwan collected record tax revenue in 2017, according to Ministry of Finance figures released on January 10. Read Full Story

Germany Hints At Solidarity Tax Cut

by Ulrika Lomas,, Brussels

Friday, January 12, 2018

The Christian Democrat Union and the Social Democratic Party have reportedly agreed on a program for government that includes a solidarity tax cut. Read Full Story

Indian Tax Take Buoyed By High Personal Tax Receipts

by Mary Swire,, Hong Kong

Wednesday, January 10, 2018

Indian direct tax collections grew by around 18.2 percent year-on-year but the country might miss full-year targets, India's Ministry of Finance has said. Read Full Story

American Firms In Kosovo Laud New Tax Perks

by Mike Godfrey,, Washington

Tuesday, January 9, 2018

The American Chamber of Commerce in Kosovo (AmCham Kosovo) has praised Kosovo for suspending customs duties and excise taxes on certain inputs for local manufacturers. Read Full Story

Pakistan Invites Pre-Budget Comments

by Mary Swire,, Hong Kong

Monday, January 8, 2018

Pakistan has invited feedback from interested parties on measures to be included in the country's 2018-19 Budget. Read Full Story


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