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The Australian Government has unveiled a package of housing tax breaks, including a new scheme for first-time buyers, a superannuation incentive for downsizers, and tighter rules for foreign residents. Read Full Story
The Australian Government has said it intends to close a superannuation guarantee loophole that affects employees who make salary sacrifice contributions into their superannuation accounts. Read Full Story
The Australian Government has provided clarification on the tax treatment of military personnel who used a now-closed superannuation loophole. Read Full Story
The Ways and Means Social Security and Oversight Subcommittees have said that the Internal Revenue Service needs to take action to reduce errors in collecting Social Security payroll taxes from state and local government employees. Read Full Story
In his first major speech on tax reform, Paul Ryan (R - WI) said he expects tax reform to be completed in 2017. Read Full Story
The Irish Revenue has this year recruited more than 100 additional staff to undertake audit and compliance activities. Read Full Story
The Canadian Taxpayers' Ombudsman has called on the Canada Revenue Agency to make more information available on its Canada Pension Plan and Employment Insurance decisions process. Read Full Story
The South African Revenue Service (SARS) has issued updated guidance on the taxation of interest on late payment of benefits by retirement funds. Read Full Story
The Australian Tax Office on May 11 announced that it is to extend the due date for the filing of self-managed superannuation fund annual returns for 2015-16. Read Full Story
An Australian Senate inquiry has concluded that the Australian Taxation Office's approach to identifying and addressing Superannuation Guarantee non-compliance is inadequate. Read Full Story
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