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Education News

India Slashes CIT For More Taxpayers In 2018 Budget

by Mary Swire,, Hong Kong

Thursday, February 1, 2018

India's 2018 Budget included proposals to expand the scope of the concessionary rate of corporate income tax, an increase to the tax levied in addition to corporate income tax by one percent, and changes to capital gains tax rules. Read Full Story


Saudi Arabia Legislates To Absorb VAT On Education

by Lorys Charalambous,, Cyprus

Friday, January 12, 2018

Saudi Arabia's tax agency has set out the arrangements through which Saudi nationals will not bear the value-added tax that must be charged on education services under the Gulf Cooperation Council's harmonized value-added tax, which was introduced from January 1, 2018. Read Full Story


Irish Revenue Guides On Finance Bill VAT Law Changes

by Jason Gorringe,, London

Monday, January 8, 2018

The Irish tax agency has released guidance on the value-added tax provisions that were included in the 2017 Finance Act, many of which became effective from January 1, 2018. Read Full Story


Australia Urged To Include Alcohol Tax Reform In Next Budget

by Mary Swire,, Hong Kong

Thursday, January 4, 2018

An Australian lobby group has called for a 10 percent increase to the tax on alcohol. Read Full Story


United Arab Emirates, Saudi Arabia Introduce Value-Added Tax

by Lorys Charalambous,, Cyprus

Monday, January 1, 2018

Having introduced value-added tax on January 1, 2018, the United Arab Emirates and Saudi Arabia became the first two states of the six-member Gulf Cooperation Council grouping to follow through on the bloc's commitment to introduce a harmonized value-added tax. Read Full Story


EU Reports On States' Tax Reforms In 2017

by Ulrika Lomas,, Brussels

Wednesday, December 27, 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year. Read Full Story


UAE Sets Out Scope Of New 5pc VAT

by Lorys Charalambous,, Cyprus

Wednesday, December 13, 2017

The United Arab Emirates Federal Tax Authority on December 5 released tabulated data on what goods and services will be subject to value-added tax at the standard rate, zero rate, or exempt from January 1, 2018. Read Full Story


Irish Revenues Now Ahead Of Target

by Jason Gorringe,, London

Tuesday, December 5, 2017

Irish tax revenues have finally surpassed the Government's target, thanks in part to higher than expected corporate tax receipts. Read Full Story


Guyana Announces Tax Amnesty In 2018 Budget

by Mike Godfrey,, Washington

Thursday, November 30, 2017

Guyana's Minister of Finance, Winston Jordan, has announced a tax amnesty and tax cuts in the territory's recent 2018 budget. Read Full Story


Seychelles Overhauls Tax Settings In Recent 2018 Budget

by Mary Swire,, Hong Kong

Tuesday, November 21, 2017

The Seychelles Budget included numerous proposals to change the territory's tax settings, including new corporate tax reliefs and the settings for a progressive personal income tax regime. Read Full Story



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