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Australian Regulator Flags Important Accounting Standard Changes

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

Friday, December 7, 2018

The Australian Securities and Investments Commission has highlighted the significant impact that recent accounting standard changes will have for financial reports that must be prepared for the year to December 31, 2018, and second quarter reports. Read Full Story

 


Swiss Government Signs Off On Tax, Trade Issues

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 30, 2018

Switzerland's Government has recently decided on a number of trade matters and reviewed its plans for changes to how it administers vehicle taxes. Read Full Story

 


UK Seeking To Encourage Audit Market Competition

by Jason Gorringe, Tax-News.com, London

Friday, November 23, 2018

Companies looking for auditing services may benefit from a more competitive market if changes are recommended as part of a recently launched Competition and Markets Authority (CMA) review into the industry. Read Full Story

 


Singaporean Corporate Tax Returns Soon Due

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

Friday, November 16, 2018

The Inland Revenue Authority of Singapore has issued a reminder to companies that the corporate income tax return filing deadline is either November 30, 2018, for paper returns, or December 15, 2018, for electronically filed returns. Read Full Story

 


Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

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

Friday, November 9, 2018

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises. Read Full Story

 


HMRC's Large Business Tax Inquiries Now Taking Three Years

by Jason Gorringe, Tax-News.com, London

Friday, November 9, 2018

The average length of HMRC's tax inquiries into large businesses are now taking more than three years to settle, with each case taking around 39 months to resolve in 2017/18, up from 34 months in 2016/17, according to Pinsent Masons, the international law firm. Read Full Story

 


UK Announces Digital Tax, Corporate Tax Reforms In New Budget

by Jason Gorringe, Tax-News.com, London

Friday, November 2, 2018

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses. Read Full Story

 


Estonia Tops Tax Foundation's Tax Competitiveness Index

by Mike Godfrey, Tax-News.com, Washington

Monday, October 29, 2018

Estonia has topped the Tax Foundation's International Tax Competitiveness Index for the fifth successive year, being deemed to have the "best tax code in the OECD." Read Full Story

 


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

 


Australia, Indonesia Finalize Trade Agreement

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

Tuesday, September 4, 2018

Australia and Indonesia have concluded negotiations on a new trading agreement that will eliminate tariffs on a range of products. Read Full Story

 

 

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