At UN General Assembly, OECD Urges Global Carbon Tax Action

Friday, September 28, 2018

Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Read Full Story

Ontario Withdraws Support For Canadian Carbon Taxes

by Mike Godfrey, Tax-News.com, Washington

Monday, July 16, 2018

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3. 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

Canadian Business Confidence Knocked By US Tax Changes

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 12, 2018

The Bank of Canada has published the findings of its latest business outlook survey, which shows some concern among firms over the impact of US trade and tax policies. Read Full Story

Australia Provides Update On International Tax Enforcement

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

Wednesday, April 4, 2018

In comments to the TPMinds International Conference in late March, Deputy Commissioner Mark Konza outlined the Australia Taxation Office's priorities in the area of international tax enforcement, with an especial focus to be placed on the energy and resources sector and pharmaceutical industry. Read Full Story

British Columbia Announces Tax Breaks For Gas Investors

by Mike Godfrey, Tax-News.com, Washington

Friday, March 23, 2018

British Columbia is to offer a provincial sales tax exemption to a proposed new liquefied natural gas project. Read Full Story

Cairn Hopeful Of Indian Tax Case Win In August

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

Friday, March 16, 2018

In its preliminary first quarter results for this year, published on March 13, 2018, Cairn Energy provided an update on the ongoing tax dispute with authorities in India, being heard in international arbitration under the UK-India Bilateral Investment Treaty. Read Full Story

IMF Urges Montenegro To Increase Consumption Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 13, 2018

Montenegro should make its tax system more conducive to economic growth by removing taxes on labor and transferring them to consumption and environmental taxes, the International Monetary Fund has recommended. Read Full Story

OECD Urges Finland To Broaden VAT Base, Cut Labor Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 7, 2018

The OECD has recommended that Finland reduce its high tax wedge on labor and shift the burden of taxation towards indirect taxation, property taxes, and environmental levies. Read Full Story

Hong Kong's New Budget Contains Tax Relief Measures

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

Thursday, March 1, 2018

Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses. Read Full Story

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