Mauritius Announces Company Tax Reforms In New Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

Mauritius announced wide-ranging changes to its tax regime in its latest Budget, including for companies. Read Full Story

Seychelles Introduces Progressive PIT Regime

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

The Seychelles introduced a new progressive income tax system for individuals on June 1, 2018. Read Full Story

AICPA Urges IRS To Augment Virtual Currency Guidance

by Mike Godfrey, Tax-News.com, Washington

Monday, June 4, 2018

The American Institute of CPAs has urged the Internal Revenue Service to supplement its guidance on the tax treatment of virtual currency transactions with answers to a set of frequently asked questions. Read Full Story

OECD Calls On Chile To Pursue More Equitable Tax Policies

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 28, 2018

The OECD has called on Chile to undertake more comprehensive tax reform to improve the fairness of the tax regime. Read Full Story

IoM Budget Includes Plan For Bank Tax

by Amanda Banks, Tax-News.com, London

Thursday, February 22, 2018

The Isle of Man's 2018 Budget maintains the zero percent company tax rate, and announces a banking tax review, which will look at taxing all banking profits at the 10 percent rate from next year. Read Full Story

Most Canadians Facing A Tax Hike, Think Tank Says

by Mike Godfrey, Tax-News.com, Washington

Monday, January 15, 2018

The Fraser Institute, a think tank, has said that more than 90 percent of Canadian families with children will pay higher taxes once the planned Canada Pension Plan payroll tax increases are fully implemented. Read Full Story

Danish Tax Cuts Scaled Back

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, January 11, 2018

Danish Prime Minister Lars Lokke Rasmussen has been forced to scale back plans to cut tax in order to retain the support of a coalition partner. Read Full Story

Aus Gov't Reviewing Rules For Early Release Of Super

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

Friday, December 8, 2017

The Australian Treasury is to review the rules governing the early release of superannuation on the grounds of severe financial hardship and compassionate grounds. Read Full Story

ATO Urges SMSF Users To Be Wary Of Tax Schemes

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

Wednesday, November 29, 2017

The Australian Taxation Office has launched Project Super Scheme Smart, a new campaign that warns self-managed super fund members to be aware of the dangers of illegal tax schemes. Read Full Story

IRS Reminds Taxpayers Of Savers' Credit

by Mike Godfrey, Tax-News.com, Washington

Tuesday, November 21, 2017

The Internal Revenue Service has issued a reminder to low- and moderate-income workers that they can obtain a 50 percent credit for the first USD2,000 contributed to a retirement plan, called the Saver's Credit. Read Full Story

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