Wealth News

OECD Urges International Tax Reform Of Savings, Investments

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 13, 2018

"While countries do not necessarily need to tax savings more, there is a lot of room to improve the way countries tax savings," according to Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration. Read Full Story

IMF Urges Rebalancing Of Lithuania's Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 21, 2017

The International Monetary Fund has called on Lithuania to consider measures that will shift the emphasis of taxation away from labor and towards wealth. Read Full Story

Landmark UK Tax Court Win For British Expats

by Jason Gorringe, Tax-News.com, London

Tuesday, November 7, 2017

The UK's High Court of Justice has ruled in favor of the taxpayer in a landmark case concerning limits to HM Revenue and Customs's powers to investigate the affairs of UK expats and non-resident persons who have permanently cut ties with the UK. Read Full Story

French PM Decries Wealth Tax

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 2, 2017

French Prime Minister Edouard Philippe has defended the Government's plans to scale back the country's wealth tax, saying that it has prompted thousands to leave France in recent years. Read Full Story

Le Maire Outlines French Corporate Tax Cut Plans

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 31, 2017

French Finance Minister Bruno Le Maire has confirmed that the Government will legislate for several tax measures designed to increase France's tax competitiveness in the upcoming Budget for 2018. Read Full Story

Lithuania's Tax Burden Too Low, Says IMF

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 12, 2017

Lithuania should boost tax revenues by improving tax administration processes and repealing special tax schemes, the International Monetary Fund has said. Read Full Story

Brazil's Senate Considers Tax On High Net Worth Individuals

by Mike Godfrey, Tax-News.com, Washington

Thursday, May 11, 2017

Brazil's Senate is considering the introduction of a new wealth tax on high net worth individuals. Read Full Story

IMF Guides On Taxing Wealthy Taxpayers

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 9, 2017

The International Monetary Fund has published guidance on how tax authorities can implement effective programs to ensure tax compliance by high-wealth individuals. Read Full Story

Italy Introduces Non-Dom Tax Incentive

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 10, 2017

In a bid to attract wealthy individuals to relocate to the country, and high net worth Italian expats to return there, the Italian authorities have introduced a EUR100,000 (USD106,251) per year substitute tax on foreign income and gains for previous non-doms who declare Italy as their primary tax residence. Read Full Story

Wealthiest Irish Taxpayers' Tax Contribution Revealed

by Jason Gorringe, Tax-News.com, London

Tuesday, March 7, 2017

The Irish Revenue's Large Cases Division collected more than EUR504m (USD531.6m) from High Wealth Individuals in 2016, Finance Minister Michael Noonan has confirmed. Read Full Story

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