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aviation News




New Tax Treaties Key To Aircraft Leasing Growth In Hong Kong, Says Report

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

Wednesday, July 12, 2017

The Hong Kong Financial Services Development Council has released a report calling for the Government to expand its tax treaty network, in particular with countries that have growing aviation industries. Read Full Story

 


Americans For Tax Reform Backs Airport Tax Bill

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 27, 2017

Americans for Tax Reform has urged the House Transportation and Infrastructure Committee to support a bill that would tighten the rules on the imposition of tax on airport users. Read Full Story

 


UK May Lower Air Duty On Northern Ireland Flights

by Amanda Banks, Tax-News.com, London

Tuesday, June 27, 2017

The UK Conservative Party has agreed to consider reducing the rate of Air Passenger Duty for airports in Northern Ireland after agreeing a coalition government with the Northern Ireland's Democratic Unionist Party party. Read Full Story

 


US Expected To Cut Aviation Taxes As Part Of ATC Reform

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 27, 2017

The National Taxpayers Union in the United States has welcomed plans to create a non-profit entity to manage air traffic control, noting it will enable a cut to the tax burden on aviation. Read Full Story

 


Austria To Halve Air Travel Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 17, 2017

Austria's air passenger tax will be reduced by 50 percent under proposals approved by the Council of Ministers earlier this month. Read Full Story

 


Hong Kong Proposes New Aircraft Leasing Incentives

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

Monday, March 13, 2017

The Hong Kong Government on March 10 published the Inland Revenue Amendment (No. 2) Bill 2017, which contains measures designed to boost the territory's attractiveness as a location for aircraft leasing. Read Full Story

 


Ghana's 2017 Budget Looks For Improved Tax Compliance

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, March 6, 2017

As promised in the recent elections, and despite the country's significantly increased fiscal deficit in 2016, Ghana's new Government has decided to balance its election promise of beginning a program of tax cuts to boost private sector growth, with an attack on tax non-compliance. Read Full Story

 


Hong Kong's Budget Provides Tax Relief

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

Thursday, February 23, 2017

Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story

 


US Bill To Give Aircraft Management Services Tax Break

by Scott Hamilton, Tax-News.com, Washington

Friday, February 10, 2017

Companion bills to provide an exemption from the excise tax on air transportation for payments by aircraft owners for aircraft management services have been reintroduced into the US Senate and House of Representatives. Read Full Story

 


South Africa Cuts Air Passenger Taxes

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, January 9, 2017

On January 5, Airports Company South Africa announced that it has received approval to charge reduced air passenger duties, aircraft landing fees, and aircraft parking fees, with effect from April 1, 2017. Read Full Story

 

 

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