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International Tax News



Hong Kong Considers Easing Stamp Duty Refund Restrictions

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

Last updated 14 hours ago | Monday, November 20, 2017

Hong Kong is planning to re-table legislation that would increase the period of time allowed for Hong Kong taxpayers to apply for a stamp duty refund. Read Full Story


HMRC Given New Powers Against Tax Scheme Promoters

by Jason Gorringe, Tax-News.com, London

Last updated 14 hours ago | Monday, November 20, 2017

The Chartered Institute of Taxation has highlighted that two significant new penalties for tax non-compliance are now effective, following Royal Assent to Finance (No. 2) Act 2017. Read Full Story


Irish Revenue Launches New Tax Evasion Inquiry

by Jason Gorringe, Tax-News.com, London

Last updated 14 hours ago | Monday, November 20, 2017

The Irish Revenue has announced that a new inquiry is underway to identify and pursue taxpayers engaged in offshore tax evasion and avoidance. Read Full Story


Finland Questions EU VAT Reform Proposals

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 14 hours ago | Monday, November 20, 2017

The Finnish Government has said that while it supports the broad aims of the European Union's value-added tax reform plans, certain aspects of the proposals are problematic, and may lead to increased costs for traders. Read Full Story


US Security Summit Undertaking 'Taxpayer Awareness Week'

by Mike Godfrey, Tax-News.com, Washington

Last updated 14 hours ago | Monday, November 20, 2017

The Internal Revenue Service will join forces with state tax agencies and the tax industry to hold a second annual National Tax Security Awareness Week. Read Full Story


Senate Tax Proposal Seen As Better For Older US Taxpayers

by Mike Godfrey, Tax-News.com, Washington

Last updated 14 hours ago | Monday, November 20, 2017

The American Association of Retired Persons has praised the tax bill proposed by the US Senate Committee on Finance, saying it will be better for older Americans than the House version. Read Full Story


South Australia Presses Ahead With Tax Reforms

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

Last updated 14 hours ago | Monday, November 20, 2017

Following its decision to abandon plans for a controversial bank levy, the South Australian Government has announced that it will still press ahead with payroll tax cuts and a higher foreign investor surcharge. Read Full Story


UAE Releases Executive Regulation On VAT

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

Last updated 14 hours ago | Monday, November 20, 2017

The United Arab Emirates released Regulations setting out key elements of the rules surrounding value-added tax, which will be implemented from January 1, 2018. Read Full Story


US Tax Reform Bills Advanced By Senate Committee, House

by Glen Shapiro, Tax-News.com, New York

Friday, November 17, 2017

Both the House of Representatives and the Senate Finance Committee passed their respective US tax reform bills on November 16. Read Full Story


HMRC Delays VAT Change On Pension Fund Management Services

by Jason Gorringe, Tax-News.com, London

Friday, November 17, 2017

The UK tax authority is to delay changes to the VAT rules for pension fund management services and amend its recent guidance. Read Full Story


MEPs: EU Must Do More To Tackle Tax Evasion

by Jason Gorringe, Tax-News.com, London

Friday, November 17, 2017

MEPs have criticized the European Council and European finance ministers for a "lacklustre performance" in the fight against tax evasion and avoidance. Read Full Story


OECD Global Forum Discusses Tax Transparency Progress

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 17, 2017

200 delegates from more than 90 delegations met in Yaoundé, Cameroon, on November 15-17, 2017, for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. Read Full Story


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