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OECD Releases Minimum Tax Plan To Solve Digital Tax Issues

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 15, 2019

The OECD on November 8, 2019, released its plans for a minimum tax on corporate profits, which is one element of a two-pronged approach to solving the tax challenges arising from the digitalization of the economy. Read Full Story

 


New Zealand Lining Up More Tax Relief For Fledgling Firms

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

Friday, October 18, 2019

The New Zealand Government has announced that it will adopt two tax incentives proposed by the Tax Working Group: a deduction for "feasibility expenditure" for businesses, and relaxed loss continuity rules. Read Full Story

 


BEPS Inclusive Framework States Agree Digital Tax Roadmap

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

The 129 member states party to the OECD's Inclusive Framework on Base Erosion and Profit Shifting has agreed a work program on how to achieve a new global agreement for taxing multinational enterprises, by resolving the tax challenges from the digitalization of the economy. Read Full Story

 


NZ Accountants Welcome Tax Reform Decisions

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

Monday, April 29, 2019

Chartered Accountants Australia and New Zealand (CA ANZ) has given a guarded welcome to the New Zealand Government's response to the recommendations of the Tax Working Group. Read Full Story

 


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

 


New Zealand's Tax Reform Consultation Ends This Week

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

Tuesday, April 24, 2018

New Zealand is to soon begin formulating new tax reform measures, aimed at improving the balance and fairness of the tax regime, based on the feedback to a public consultation that ends April 30. Read Full Story

 


EU Tax Working Group To Discuss Digital Tax, MNE Tax Issues

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, April 17, 2018

The EU's High Level Working Party (Taxation) will discuss international tax reform at its meeting on April 18. Read Full Story

 


China Cuts VAT To Fuel Economic Growth

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

Monday, April 2, 2018

China's State Council has announced a cut in value added tax rates as part of a CNY400bn (USD63bn) tax reduction package to stimulate growth. Read Full Story

 


UK's Proposed Digital Tax 'Would Cauterize Investment'

by Jason Gorringe, Tax-News.com, London

Tuesday, March 20, 2018

The introduction of a unilateral revenue tax on digital businesses in the UK would stymie investment and be a strangely timed gamble, says accountancy firm Moore Stephens. Read Full Story

 


Tax-Lite Jamaican Budget Focuses On Tax Enforcement

by Mike Godfrey, Tax-News.com, Washington

Wednesday, March 14, 2018

Jamaica's recent 2018 budget, delivered by Minister of Finance Audley Shaw, imposed no new taxes and reiterated the island's commitment to cracking down on tax arrears. Read Full Story

 

 

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