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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

 


UK Issues Guidance On Fulfilment Business Scheme

by Jason Gorringe, Tax-News.com, London

Friday, November 17, 2017

HM Revenue and Customs has launched guidance into a new due diligence scheme, the Fulfilment House Due Diligence Scheme, which aims to ensure that overseas traders comply with value-added tax regulations. Read Full Story

 


Amid Gig Economy Tax Debate, Deliveroo Wins Key Ruling

by Jason Gorringe, Tax-News.com, London

Friday, November 17, 2017

Following a damning ruling against gig economy ride-hailing service Uber, which provided that its drivers are entitled to rights typically reserved for employees, Deliveroo has successfully argued that its gig economy delivery drivers, of takeaway food, are self-employed. Read Full Story

 


Indian Cabinet Green-Lights GST Anti-Profiteering Authority

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

Friday, November 17, 2017

The Indian Cabinet on November 16 launched the National Anti-profiteering Authority (NAA) in relation to the Goods and Services Tax and approved the appointment of senior staff. Read Full Story

 


IRS Reminds Businesses Of New Jan 31 Filing Deadline

by Mike Godfrey, Tax-News.com, Washington

Friday, November 17, 2017

The Internal Revenue Service on November 16 issued a reminder to employers and other businesses of the January 31 filing deadline that now applies to filing wage statements and independent contractor forms with the government. Read Full Story

 


Independent Businesses Back Senate's US Tax Reform Plan

by Mike Godfrey, Tax-News.com, Washington

Thursday, November 16, 2017

The National Federation of Independent Business in the United States has said that it "strongly supports" the proposed measures in the Senate's tax reform plan, which would provide tax relief to small businesses. Read Full Story

 


IMF Urges Kuwait To Press Ahead With VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 16, 2017

The International Monetary Fund has urged authorities in Kuwait to push ahead with the introduction of a value-added tax, having fallen behind the United Arab Emirates and Saudi Arabia, which are introducing VAT from January 1, 2018. Read Full Story

 


Saudi Arabia Explains VAT Rules For Transport Sector

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 16, 2017

Saudi Arabia's tax authority has issued guidance on the value-added tax rules that will apply to transportation services when value-added tax is introduced from January 1, 2018. Read Full Story

 


Senate Republicans Attach Obamacare Tax Repeal To Tax Package

Mike Godfrey, Tax-News.com, Washington

Wednesday, November 15, 2017

An amendment has been included in the US Senate's tax reform proposals that will effectively repeal the Affordable Care Act's individual mandate. Read Full Story

 


South Australian Gov't Drops Bank Levy

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

Wednesday, November 15, 2017

The South Australian Government has announced that it will set aside its Budget legislation, which includes the controversial bank levy recently defeated in the upper house. Read Full Story

 

 

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