Government News

China Confirms Support For Shanghai Free Trade Zone
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, May 16, 2017
China's State Council has reportedly supported plans to further the liberalization of the Shanghai Pilot Free Trade Zone, to support the Mainland's ongoing Belt and Road initiative. Read Full Story

ATO's Super Guarantee Non-Compliance Activities Criticized
by Mary Swire, Tax-news.com, Hong Kong
Thursday, May 11, 2017
An Australian Senate inquiry has concluded that the Australian Taxation Office's approach to identifying and addressing Superannuation Guarantee non-compliance is inadequate. Read Full Story

India Rules Out Tax Hike On Farmers
by Mary Swire, Tax-News.com, Hong Kong
Friday, April 28, 2017
India's central Government has ruled out the introduction of a new tax on agricultural activity. Read Full Story

Ireland Favored By Businesses In 2016, FDI Figures Show
by Jason Gorringe, Tax-News.com, London
Thursday, January 5, 2017
IDA Ireland, the country's inward investment agency, has announced that foreign direct investment employment in the country has reached a record high of almost 200,000. Read Full Story

Australia Launches 'Black Economy' Taskforce
by Mary Swire, Tax-News.com, Hong Kong
Monday, December 19, 2016
The Australian Government has announced the establishment of a Black Economy Taskforce, which will be charged with recommending a policy framework and proposals for countering "black economy" activities. Read Full Story

Canadian Committee Reports On Voluntary Disclosure Program
by Mike Godfrey, Tax-news.com, Washington
Thursday, December 15, 2016
Canada's Offshore Compliance Advisory Committee has published the findings of its inquiry into the Canada Revenue Agency's voluntary disclosure program. Read Full Story

Irish Budget Watchdog Warns Against 'Risky' Use Of CIT Revenues
by Jason Gorringe, Tax-News.com, London
Tuesday, December 6, 2016
The Irish Fiscal Advisory Council has warned the Government against "using unexpected tax revenue for difficult-to-reverse spending increases." Read Full Story

Canadian Budget Officer Calculates Impact Of Legalizing Cannabis
by Mike Godfrey, Tax-news.com, Washington
Wednesday, November 2, 2016
Applying regular retail sales taxes to sales of legalized cannabis in Canada would raise only modest revenues, the Parliamentary Budget Officer has said. Read Full Story

Canada Receives Recommends For Tax Compliance Action
by Mike Godfrey, Tax-news.com, Washington
Monday, October 31, 2016
Canada's Standing Committee on Finance has published its report on the Canada Revenue Agency's efforts to tackle tax avoidance and tax evasion. Read Full Story

Irish Budgetary Committee Calls For WHT On Vulture Funds
by Jason Gorringe, Tax-News.com, London
Wednesday, October 5, 2016
Ireland's new Committee on Budgetary Oversight has called for the introduction of a withholding tax to prevent tax evasion by so-called vulture funds. Read Full Story
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