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The number of US taxpayers penalized by the Internal Revenue Service for making mistakes or underpayments at quarterly tax-filing intervals has increased by a third over the past decade. Read Full Story
The UK should scrap Air Passenger Duty (APD) and consider tax relief for aviation industry operators, campaigners have said. Read Full Story
The United Kingdom Government's tax and regulatory policies towards freelancers are contributing to record low levels of confidence within the country's self-employed community, freelance and contractor groups have warned. Read Full Story
New levies under Obamacare that are due to be introduced from January 1, 2018, should be deferred, Americans for Tax Reform, a lobby group, has said. Read Full Story
Latvia's parliament, the Saeima, has approved tax reform legislation under which corporate income will not be taxed until profits are distributed. Read Full Story
The Office of Tax Simplification has released a consultation on potential reform of the disincorporation tax relief, which is currently due to be withdrawn from March 31, 2018, if it is not extended. Read Full Story
Government ministers from the Seychelles have met with local businesses to discuss reforming and potentially enhancing the tax incentives for businesses and in particular SMEs. Read Full Story
HM Revenue and Customs, the UK tax authority, has reported that it has collected more than GBP4bn (USD5.2bn) in advance tax payments from those taxpayers that have used a tax avoidance scheme. Read Full Story
Changes in the redrafted Senate Republican health care bill would make the changes less regressive, according to analysis of the bill from the Tax Policy Center. Read Full Story
A prominent taxpayer advocacy group has defended the tax cuts in the Senate's healthcare reform bill, saying that they will benefit middle class American families. Read Full Story
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