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The Canadian Government's planned crackdown on tax planning strategies that involve private corporations could result in significant tax increases that negatively affect entrepreneurs, according to the Society of Trust and Estate Practitioners Canada. Read Full Story
The Slovakian Government has approved a series of tax measures, including an improvement to the country's deduction for research and development expenditure. Read Full Story
Sri Lanka is planning to revamp its tax system to reverse a steady erosion of its tax base over the past two decades, the International Monetary Fund has said. Read Full Story
Canada will face political challenges if it accedes to US objectives in the renegotiation of NAFTA, according to a new report from think tank The Fraser Institute. Read Full Story
On August 11, the European Commission announced the launch of a new anti-dumping investigation into truck and bus tire imports from China. Read Full Story
Brazil has lowered its primary deficit target to BRL159bn from BRL139bn after a significant fall in tax revenues Read Full Story
Canadian Foreign Affairs Minister Chrystia Freeland has said that the Government will push for NAFTA to be modernized and made more progressive when renegotiation talks with the US and Mexico get underway. Read Full Story
South Korea is to hike the capital gains tax rate paid by those acquiring more than one property. Read Full Story
Prospects for Mauritius's economy remain "robust," with the Government undertaking a number of initiatives to improve the attractiveness of the domestic tax regime for businesses. Read Full Story
Legislation to implement the South Australian Government's proposed bank levy has passed the state parliament's lower house. Read Full Story
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