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EU Announces Sanctions For 'Blacklisted' Countries

by Ulrika Lomas,, Brussels

Last updated 17 hours ago | Thursday, March 22, 2018

The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions. Read Full Story


Tax-Lite Jamaican Budget Focuses On Tax Enforcement

by Mike Godfrey,, 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


UK Invites Input On Potential Measures For Next Budget

by Jason Gorringe,, London

Tuesday, March 13, 2018

Having moved to a single Budget each year, the UK's Spring Statement featured only prospective changes to the UK tax regime, focusing on tax settings for digital firms and a new tax on single-use plastic waste. Read Full Story


Bermuda Hikes Commercial Property Tax

by Mike Godfrey,, Washington

Tuesday, March 13, 2018

Bermuda's lower house has passed a bill temporarily raising the rate of land tax on commercial properties from seven to 12 percent. Read Full Story


Somalia Seeking To Enforce Tax Regime, With Int'l Support

by Lorys Charalambous,, Cyprus

Wednesday, March 7, 2018

The Government of Somalia has reported on the tax system reform and tax administration improvements it is introducing with support from international agencies. Read Full Story


Slovenia Pursuing 'Tax Haven' Asset Tax, Covering Also EU States

by Ulrika Lomas,, Brussels

Saturday, February 17, 2018

The European Central Bank on February 14 published an opinion (CON/2018/8) on a proposal from lawmakers in Slovenia on a draft law on the return of monetary funds to the country from designated "tax havens" and the imposition of a penalty tax, providing an outline of the proposed regime. Read Full Story


India Clarifies Capital Gains Tax Changes

by Mary Swire,, Hong Kong

Wednesday, February 14, 2018

India's Central Board of Direct Taxes has released further information on the long-term capital gains tax announced in the recent budget, in the form of a list of answers to frequently asked questions. Read Full Story


Trump Announces Rettig To Lead IRS

by Mike Godfrey,, Washington

Wednesday, February 14, 2018

US President Donald Trump has announced his intent to nominate tax lawyer Charles P Rettig as Commissioner of the Internal Revenue Service for the remainder of a term of five years beginning on November 13, 2017. Read Full Story


Japan's Cabinet Endorses Tax Reform Plans

by Mary Swire,, Hong Kong

Monday, February 5, 2018

Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate. Read Full Story


Varadkar Against Unilateral EU Action On Tax

by Jason Gorringe,, London

Thursday, January 18, 2018

Irish Prime Minister Leo Varadkar has said that the EU "should not give advantages" to its competitors by "acting unilaterally" on tax. Read Full Story



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