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Recent Comments

UAE Releases Executive Regulation On VAT

Haven’t the Regs been withdrawn now??
By Paul Drum, 7 hours ago.


HMRC Delays VAT Change On Pension Fund Management Services

Visa , Mastercard
By Abdus Samad , 39 hours ago.


Italy Imposes Tax On Instant Lottery Winnings

No thanks
By Abdus Samad , 39 hours ago.


India To Amend GST Rates On Oil, Gas Industry

Oilgaztreyd LLC has been in business of production, marketing and exporting of all petroleum and petrochemical products for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction. We have never compromised on the quality and the services provided to the customer. We believe in keeping the customers happy and providing them with products at a very competent price. We have an excellent staffs who will guide you with their best ideas by keeping in constant touch with your company and informing about the market trends. We are also interested to establish a mutual business relationship with buyers, facilitators and resellers all over the world with basic aim of supplying them with our products such as follow D2, jetFuel A1,JP54,Mazut M100,D6,Base Oil and Bitumen.

Also we work with other foreign partnered refineries in allocation production.

Julian Alessandov
By Julian Alessandov on Friday, November 17, 2017


UAE Begins Registering Taxpayers For VAT

yes are right about <a href="">vat training in dubai</a>
By EmilySophia on Thursday, November 2, 2017


IRS Should Improve Volunteer Tax Program, US Treasury Watchdog Says

Thank you for correcting the original article. The statistics quoted are now correct. It just doesn't list the total number of how many returns were over the threshold now. It is strange to start with a breakdown beginning with >USD100,000 without indicating there were 201,572 returns (4 percent) in total above the USD54,000 threshold.
By Steve Kelliher on Wednesday, October 18, 2017


Italy Grants Non-Dom Status To First HWNI Taxpayer

The new Italian Law granting the Non-Dom Status is very effective for international HNWI having non tax-compliant bank accounts in Switzerland. New residents opting for the Flat Tax Programme can legalize their non declared Swiss bank accounts with the Italian Tax Agency. Thereis even no need to disclose the Swiss bank account because the Italian Tax Agency will send the International Taxpayer Number automatically to the new resident adhering to the programme. There are many Russians moving to Italy based on this unique opportunity with black bank account legalization. I offered the Voluntary Disclosure Programme in Italy to Italian bank accout holders with Swiss bank accounts. Now, I am representing new residents form everywhere in the world with the Italian Tax Agency and file the application. The automatic exchange of information will take place between Switzerland (Swiss bank) and Italy (the new residence). If somebody has questions related to the new Italian Flat Tax or Golden Visa Italy I am happy to answer the questions. There will be a huge interest. I am convinced. Best regards, Enzo Caputo, Swiss Banking Lawyer
By Enzo Caputo on Wednesday, October 11, 2017


IRS Should Improve Volunteer Tax Program, US Treasury Watchdog Says

I'm seeing this story picked up by other sites and the numbers were unbelievable. So I checked against the actual report from TIGTA and noticed your statistics are all misquoted. You may want to issue a correction here. ( It was only 11 returns over $1M, not 34,371. It was 34,371 over $100,000, not 201,572. It wasn't 402 returns out of scope, but 15,402.
By Steve Kelliher on Monday, October 2, 2017


HMRC Announces Simpler 'Self-Assessment' Tax Regime

Is that by cheque or check?
By GR on Thursday, September 28, 2017


Malaysian Tax Agency Says Audits Not Politically Motivated

Targeting political opponents for audit and violations is not uncommon in countries like USA or Singapore.
By Frankie Leung on Thursday, September 28, 2017


HMRC Announces Simpler 'Self-Assessment' Tax Regime

Enquiry over my tax refunds on my investments with unbeatablehire ltd. Investment Scheme for 2016/17
By Lynda Pledger on Wednesday, September 27, 2017


IRS Urged To Reach Out To Payroll Services Providers

thanks for nice article sharing with us . its very helpful
we are providing affordable Individual & Business Taxation Services
By digital mounika on Monday, September 25, 2017


Abu Dhabi Free Zone, Luxembourg To Push Financial Services

I live in South Africa. I have US$800.000 in the USA. I am looking for a tax free zone for investment purposes. I need monthly income from the investment. I do NOT want to bring the money to South Africa

Can you give me advice?


By Bert Spijkerman on Sunday, September 24, 2017


Spain's Andalucia To Waive Tax On Most Inheritances

It ll be very usefull for me to reach the studies, news.
By GUNES YILMAZ on Saturday, September 23, 2017


Spain's Andalucia To Waive Tax On Most Inheritances

It will be very useful for me to reach the studies.
By GUNES YILMAZ on Saturday, September 23, 2017


Mauritius Expands Sugar Tax

Hi just wanted to find out is there any sugar tax on sweets and lollies? Or is there any customs duties if I import lollies into Mauritius.
By Duresh on Tuesday, September 19, 2017


Trudeau Defends Controversial Tax Proposals

Am a CPA and have run the numbers under the proposals. Unless there are amendments coming, the statement suggesting anyone making less than 150000 will not be impacted is simply not true! There currently is no threshold of earnings for which a taxpayer could not be impacted under the proposals
By Kerry Blain on Monday, September 18, 2017


Trudeau Defends Controversial Tax Proposals

We simply will move our business out of this country. So will many others. Sick and tired of doing all the hard work so politicians can move our tax dollars into the pockets of CEOs of the wealthiest. Overfed government apparatus, completely out of touch with the real world. What utter baloney, to talk about the average Canadian, when 70% are employed by the Government, sitting on a fat pension, while we take all the risks. No thank you very much.
By Fred Kuhnle on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

Cant make a living off $150000??
By Earl Chinchilla on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

You can bet that clown wont be doing anything to hurt his Trudeau foundation or to slow down the 'donations' to that very same sham.

Pathetic and corrupt. Exactly what the voters of Canada deserve for voting in a halfwit with nice hair.
By Pier on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

Not once have you seen how his Brother was to be the up and coming politician. Not once has he commented on the fact he was an outcast in his own family. He has "used" the last name as his in. The sheep fell for this ploy. He likes to play bully in the House and in Canada. Any citizen in this country that forcefully touches another would be charged immediately with assault. Yet he can do this in the House of Commons without a blink. He spent over 200,000 dollars of OUR money on a vacation. In less than a week. He prays 5 times a day and practices Muslim faith. Yet not a single news source will say this. If he was in any other faith it would be all over. He has never owned a good business nor knows how to even run one. He is saying the tax is for BIG business. Not even close. He is a liar and a thief, just like his Father.
By Nigel on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

Wanna make a little tweak Justin??? Stop giving subsidies to corporate bums like Bombardier, and get rid of that damn cartel which fixes the price of dairy products resulting in Canadians paying twice the price Americans do for milk...
By Rene Albert on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

the problem is our govt is out of control when it comes to spending .The average person making 50000 a year is already over taxed.Lower everybody tax
By john armstrong on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

Funny how these politicians rob the middle class justifying it with lies to suit the masses BUT refuse to to anything with the elite (CEO's of major corporations) making 7 digit plus salaries and golden severance packages.
By Johson on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

Trudeau is appealing to the imagination of a lot of people who think that $150,000 is an unattainable amount without pointing out that expenses such as support workers wages ,the cost of workspace rental etc. is paid from that gross amount in most cases. That leaves a lot of income from small business up for grabs whilst portraying those that make $150,000 as "Uber rich".
By John Campbell on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

i love to read canada news
By salim khan on Friday, September 15, 2017


Trudeau Defends Controversial Tax Proposals

Mr. Trudeau won't be satisfied until he has a nation full of have nots..The best and brightest will leave while he replaces them with immigrants and unemployed pot smoking losers.
By Randy Stober on Friday, September 15, 2017


CRA Provides Update On Tax Avoidance Crackdown

When extreme greed overtakes fair taxation tax limits must become the major election issue in any country! Canada is one of the most toxic and extreme violators of greed!
By reg r dahl on Thursday, September 14, 2017


Poland To Expand Special Economic Zone System

"Presently, there are 14 SEZs in Poland. Each of these include multiple sub-zones in all regions of Poland. SEZs cover over 20,000 ha of investment sites and offer companies (among other incentives) regional aid in form of full exemption from corporate income tax. The maximum intensity of the regional investment aid is calculated as the ratio of the equivalent of a gross subsidy and the costs qualified to be covered by this aid"

Please refer to the Regulation of the Council of Ministers of 10 December 2008 on the state aid granted to entrepreneurs operating under a permit to pursue economic activity in special economic zones.
By Jarek on Wednesday, September 13, 2017


Vietnam To Cut Tax On Imported Auto Parts

great knowledgeable post. thanks for sharing.
By raman malik on Tuesday, September 5, 2017


Vodafone's New Arbitration Request Blocked By Indian Court

International companies should avoid India like the plague
By Keith Jones on Tuesday, August 29, 2017


Italy Imposes Tax On Instant Lottery Winnings

No thanks
By Abdus Samad on Sunday, August 27, 2017


Taxes 'Are Largest Canadian Household Expense'

If you read the report it shows that Canadian's tax burden is at the lowest level in 40 years (with the exception of a few years in the early 90s). The headline is misleading and should be "Canadians enjoying lowest taxes as percentage of income in last 40 years". (see page 8 of the report)

While I agree with reducing government waste, if we are going to have an intelligent conversation on the optimal amount of taxation (looking at the cost/benefits of taxes and the services they provide) we need to see beyond these kind of biased articles and headlines (that comes from both sides of the political spectrum).
By mattsmith on Friday, August 25, 2017


Australia Passes Wine Equalisation Tax Rebate Bill

I used to share the articles on LinkedIn but recently the share buttons have been removed above the articles. Any specific reason for that?
By Stef on Friday, August 18, 2017


27 Industries Newly Granted Pioneer Status In Nigeria

Granting tax incentives to company should not be an extraordinary achievement by any Governmentt but only Nigerian Government celeberating it. There was a shocking revelation that annpc lack metering device quantity of crude oil exploit from the ground and to distribution .The former aviation minister Stella Odua presently a sitting senator making the shocking claim few days ago. What a country. If such claim was true no wonder there was long history of massive corruption in Nigeria.I cry for the country.a country where in the the abundance resource her citizen continually living in adage penury. Shame to Nigerian leaders
By Joe on Tuesday, August 8, 2017


Ethiopia Cuts Textile, Garment Import Duties

i am looking import duty in Ethiopia on apparel and garments and also others products and cloths
By chnadra on Wednesday, July 26, 2017


Bipartisan Support For Territorial US Tax System, BEPS Measures

No mention of territorial/residence based taxation for individuals.

The U.S. has built a virtual Financial Berlin Wall to keep U.S. persons in by punishing harshly those who have left – even those gone decades. FATCA is part of this new Berlin Wall.

JFK famously said in Berlin 'we don't need to build walls to keep our people in.' Fast forward to the present day, and the US has done precisely that. U.S. tax and compliance laws apply Kafkaesque double taxation with the U.S. tax code assuming all U.S. persons are tax residents of the U.S. (even the ~9 million who live overseas), with extra penalties restrictions and disincentives for money, accounts, pensions, and investments in countries other than the US; even if you live permanently overseas and your accounts are local to you.

In an increasingly global and mobile world the US should not punish US persons living, working overseas, and expanding US influence and trade overseas. This is in complete contrast to all other OECD nations, thus disadvantaging those with US Citizenship. U.S. citizenship should be about the greatest liberty in the world.

The US should join the OECD and adopt Residence Based Taxation. To align the terminology in Congress in regards to tax reform for U.S. companies and U.S. persons, Republicans Overseas is advocating for “territorial taxation” for U.S. persons overseas. Those impacted are hoping this translates to the equivalent of residence based taxation as practiced by all of the other countries in the OECD.

Any U.S. persons living overseas caught up in this must visit the message boards of The Isaac Brock Society, Facebook Citizenship Based Taxation and American Expatriates Groups, citizenshiptaxation dot ca, and FixTheTaxTreaty dot org.
By Joe Citizen on Wednesday, July 26, 2017


UK Minister Downplays Impact Of Potential EU-UK FTA Void

nice information thank you for sharing good information with us.
By rahul on Friday, July 21, 2017


US Lawmakers Continue Tax Reform Talks

This article dated May 2017 refers to March as if it is in the future. Is this an old article or is it mistaking March for May?
By Joan Sullivan on Tuesday, May 23, 2017


Irish Gov't Considering SME Tax Relief: Report

Superb post. Never knew this, appreciate it for letting me know
By Pooja on Wednesday, May 17, 2017


Irish Gov't Considering SME Tax Relief: Report

This is my first time go to see at here and i am truly pleassant to read all at single place.
Chartered accountant in India :
By abhilasha on Wednesday, May 17, 2017


Scotland Should Have Tax Committee, Says CIOT

The Scottish government's apparent inability to grow the Scottish economy out of the slump caused by the decline in the North Sea oil sector is because of the SNP / Tory Fiscal Framework Agreement which prevents the Scottish government borrowing £ billions a year more to budget for increased investment and / or tax cuts.

That bad fiscal framework was stitched up between First Minister Sturgeon and Chancellor Osborne in February 2016.

Ever since then the bad fiscal framework has imposed tough spending cuts / tax rise choices on Scottish budgets.

A new fiscal framework is required to grow the Scottish economy, end austerity and bring prosperity to the people.

I've been explaining that ever since but politicians and media are turning a blind eye and a deaf ear to my good advice.

Instead of listening and understanding, politicians have told bare-faced lies, blaming each other for economic stagnation in Scotland spuriously attributed to side issues such as "indy ref 2" or "Brexit".

We must hold dishonest politicians accountable, presenting as proof of their economic incompetence their foolish agreement with the bad fiscal framework in the first place.

Suitably chastised by Scottish economists and repentant, the Scottish Parliament and government should demand a new and better fiscal framework, with its borrowing powers capped at no less than 8% of Scottish GDP, able to borrow up to an additional £10 billion per year, from the central bank, interest free and with no expectation of repayments, the borrowed amounts simply being accounted for as "Scotland's national debt" and effectively written off.
By Peter Dow on Saturday, May 6, 2017


Irish Gov't Considering SME Tax Relief: Report

You have got to hand it to them in Ireland. They really do know how to do things properly
By McManus Williams on Saturday, April 29, 2017


Hennessee Defends Hedge Funds Against 'Cowboy' Accusations

Excellent! CGs insights are spot on and the media pundits should pay attention to what Hennessee group is putting out.
By julian robertson on Monday, April 24, 2017


Irish Gov't Considering SME Tax Relief: Report

I am so happy to read this. This is the kind of manual that needs to be given and not the random misinformation that is at others.
I appreciate your sharing this best article.
Company formation in India :
By himani on Tuesday, April 18, 2017


G20 Citizens Favor BEPS Crackdown Over Tax Competition

Fake survey.....Meanwhile, people in G20 countries distrust politicians and the media when it comes to information about the tax system, the survey found. -
By Yves on Tuesday, April 4, 2017


Republicans May Take Another Shot At Obamacare Repeal

Here are questions that should be considered as proposed healthcare legislation is formulated. Review more at:
By Jeremy Engdahl-Johnson on Sunday, April 2, 2017


Canada To Ramp Up Efforts Against Tax Evasion

Joking right? Lawyers / B'rats make the tax evasion for big biz and pass it with vetting into regulation! You fascists are the joke!
By reg dahl on Tuesday, February 28, 2017


US Congress Receives Flexible, Tax-Free Savings Bill

I am concerned that you compare retirement accounts to general savings accounts. Everyone should have IRAs or other accounts only for retirement.

Since people have a hard enough time with regular savings (not doing it), you would not be helping them.
By Joy on Monday, February 27, 2017


US Congress Receives Flexible, Tax-Free Savings Bill

The savings issue is not addressed until the Fed. Gov. removes the requirement to tax USA citizens' twice and ongoing for monies earned and for interests gained in any savings vehicle.
By Roberta Gasiorowski on Friday, February 24, 2017


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