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Professionals News

UK Lawmakers Reject Following ECJ Case Law After Brexit

by Jason Gorringe,, London

Thursday, November 16, 2017

Lawmakers in the UK have voted against a proposed amendment to Brexit legislation that would replace a clause seen as "ambiguous" for a clear message that UK courts should temporarily follow rulings from the European Court of Justice after Brexit. Read Full Story


HMRC Welcomes Jail Terms For Carbon Emission Tax Fraudsters

by Jason Gorringe,, London

Tuesday, November 14, 2017

The UK tax authority, HM Revenue and Customs, has welcomed prison terms for members of a crime group for perpetrating what the agency called one of the biggest ever tax crimes in the UK. Read Full Story


Scotland Starts National Debate On Personal Tax Reform

by Jason Gorringe,, London

Friday, November 3, 2017

The Scottish Government has released a discussion paper on the future role of income tax in Scotland's budget. Read Full Story


OECD Releases Comments On Taxing Digital Economy

by Ulrika Lomas,, Brussels

Monday, October 30, 2017

Ahead of a November 1 meeting with stakeholders to discuss next steps, the OECD has released the feedback it received on emerging policy ideas on taxing the digital economy. Read Full Story


Canada Legislates For Tax, Benefit Reforms

by Mike Godfrey,, Washington

Wednesday, October 25, 2017

The Canadian Government is pressing ahead with plans to cut the small business tax rate. Read Full Story


HMRC Updates Property Rental Tax Compliance Toolkit

by Jason Gorringe,, London

Tuesday, October 24, 2017

On October 17, 2017, HM Revenue and Customs released an expanded version of its Property Rental Toolkit and introduced information on tax changes effective from April 2017. Read Full Story


IRS Hails Progress Against Identity Theft Fraudsters

by Mike Godfrey,, Washington

Thursday, October 19, 2017

With IRS Commissioner John Koskinen's term due to end next month, the Internal Revenue Service has taken stock of what it has achieved with the private sector on tackling identity theft issues for taxpayers, via the "Security Summit." Read Full Story


IRS Warns Of New Tax Scams

by Mike Godfrey,, Washington

Friday, October 13, 2017

The Internal Revenue Service has released guidance on a number of new fraud schemes targeting tax professionals and their clients. Read Full Story


Guernsey Hikes Taxes On Business, Higher Earners

by Jason Gorringe,, London

Wednesday, October 11, 2017

Gavin St Pier, the President of Guernsey's Policy and Resources Committee, has asked higher earners and businesses to make a greater tax contribution in the island's 2018 Budget. Read Full Story


Canada 'Listening To Concerns' Over Tax Reform Proposals

by Mike Godfrey,, Washington

Monday, October 9, 2017

The Canadian Government has said that it will "act on what it has heard" during its 75-day consultation on the controversial reform of tax planning rules it says are being used by high-income individuals to lower their tax bills. Read Full Story



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