Hong Kong Tables Bill For Research And Development Tax Breaks

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

Tuesday, April 24, 2018

The Hong Kong Government has released a draft bill containing its 2017 proposal to provide an enhanced tax deduction for research and development expenditure. Read Full Story

IRS Issues Guide On New Depreciation And Expensing Rules

by Mike Godfrey, Tax-News.com, Washington

Tuesday, April 24, 2018

The United States Internal Revenue Service has issued a new fact sheet explaining the new deprecation and expensing rules included in the Tax Cuts and Jobs Act. Read Full Story

New Zealand's Tax Reform Consultation Ends This Week

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

Tuesday, April 24, 2018

New Zealand is to soon begin formulating new tax reform measures, aimed at improving the balance and fairness of the tax regime, based on the feedback to a public consultation that ends April 30. Read Full Story

Denmark May Reduce Electricity Tax 'Significantly'

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, April 24, 2018

Danish Tax Minister Karsten Lauritzen has suggested that the Government should reduce the level of tax on electricity consumption, which is currently the highest in Europe. Read Full Story

Ireland Consults On Local Property Tax Changes

by Jason Gorringe, Tax-News.com, London

Tuesday, April 24, 2018

The Irish Finance Department has launched a public consultation on the Local Property Tax, as part of a broader review of the tax. Read Full Story

Time For Latin America, Caribbean To Hike Tax: World Bank

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, April 19, 2018

With economic recovery being reported in Latin American and Caribbean states, a new World Bank report says governments must now look to fiscal policy to reduce their deficits. Read Full Story

Think Tank Calls For Scottish VAT Devolution

by Jason Gorringe, Tax-News.com, London

Thursday, April 19, 2018

Reform Scotland, a non-partisan think tank, has called for value-added tax powers to be devolved from the UK Government to the Scottish Government, once legal restrictions imposed by EU law are lifted following the UK's from the European Union. Read Full Story

Switzerland Adopts Dispatch On New DTAs

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, April 19, 2018

The Swiss Federal Council has adopted dispatches on a new double tax agreement with Zambia and a protocol to the current agreement with Ecuador. Read Full Story

UK Revisits Proposed BEPS Changes To Its Double Tax Treaties

by Jason Gorringe, Tax-News.com, London

Thursday, April 19, 2018

The UK tax agency, HM Revenue and Customs, on April 16, 2018, released proposed changes to the list of amendments it intends to make to its bilateral double tax avoidance agreements through the OECD's base erosion and profit shifting multilateral instrument. Read Full Story

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

Sparce Fiscal Room For Irish Budget Tax Cuts

by Jason Gorringe, Tax-News.com, London

Thursday, April 19, 2018

The Irish Government will have limited fiscal space available for either tax cuts or new spending measures in its next Budget, according to its latest Stability Programme Update. Read Full Story

• 19/04/2018 Australia Urged To Resist Tax 'Race To Bottom' »
• 17/04/2018 Poland To Amend Minimum Tax On Commercial Property »
• 17/04/2018 EU Tax Working Group To Discuss Digital Tax, MNE Tax Issues »
• 17/04/2018 Japan Studying How To Cushion Sales Tax Hike Impact »
• 17/04/2018 Nigeria Extends Amnesty To June 30 »
• 17/04/2018 Guam To Launch Tax Amnesty »
• 16/04/2018 OECD Urges International Tax Reform Of Savings, Investments »
• 16/04/2018 US House Lawmakers Considering IRS Overhaul »
• 16/04/2018 India Consults On Advance Pricing Agreement Regime Changes »
• 16/04/2018 Poland Draws Fire For 'Draconian' Virtual Currency Tax Policy »
• 13/04/2018 HMRC To Add To Arsenal Against Diverted Profits »
• 13/04/2018 New Zealand Defers New Insurance Tax »
• 13/04/2018 UK Guides Firms On How To Register For Soft Drinks Tax »
• 13/04/2018 India To Expand GST E-Way Bill Pilot »
• 13/04/2018 Global Tax, Trade Policies Could Dent Ireland's Growth Potential »
• 13/04/2018 Canada 'Will Not Hit Climate Change Targets' »
• 13/04/2018 Pakistan Tax Authority Issues Audit Hit List »
• 12/04/2018 Significant Changes To UK Tax Regime As Of April 6 »