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banking News




Australia To Shutter 'Harmful' Offshore Banking Unit Regime

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

Friday, March 19, 2021

The Australian Government has confirmed that it will amend its offshore banking unit regime after it was designated a harmful tax regime by the OECD and the European Union. Read Full Story

 


Bermuda Consults Industry On New Conduct Of Business Regime

by Jason Gorringe, Tax-News.com, London

Wednesday, January 13, 2021

The Bermuda Monetary Authority on December 15, 2020, released a new consultation paper on its proposal for a conduct of business regulatory regime to better protect retail investors. Read Full Story

 


Turkey Cuts Tax On Forex Transactions

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, October 5, 2020

Turkey has reversed an increase to the country's Banking Insurance Transaction Tax (BSMV) on foreign currency and gold purchases. Read Full Story

 


UAE Explains Updated Economic Substance Rules

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, October 5, 2020

The United Arab Emirates Ministry of Finance has highlighted changes made to the territory's rules on economic substance. Read Full Story

 


German EU Presidency Releases Tax Agenda

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 10, 2020

The newly instated German presidency of the European Union will focus on introducing internationally agreed tax rules for digital companies, according to the presidency's policy agenda. Read Full Story

 


UAE Adapts Economic Substance Rules To COVID-19

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 25, 2020

Read Full Story

 


Austria May Pull Out Of European Financial Transactions Tax Talks

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria. Read Full Story

 


EU Financial Transactions Tax Agreement Close, Says Scholz

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 27, 2020

German Finance Minister Olaf Scholz has said he is confident that an agreement can be reached on a European Union financial transactions tax. Read Full Story

 


New Spanish Coalition Agrees Tax Plan

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 8, 2020

The Spanish Socialist Party and the Podemos movement, which will form the next governing coalition, has released their policy document, which includes plans for a corporate minimum tax, among other tax measures. Read Full Story

 


Germany Presents Text For EU Financial Transactions Tax

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 16, 2019

German Finance Minister Olaf Scholz has presented a final proposal for a European Union financial transactions tax to the 10 member states participating in the initiative. Read Full Story

 

 

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