business investment News
Singapore, Sri Lanka Sign Free Trade Pact
by Mary Swire, Tax-News.com, Hong Kong
Friday, January 26, 2018
Sri Lanka signed its first ever comprehensive free trade agreement on January 23, with Singapore. Read Full Story
Study Into Australian Miners' Tax Contribution
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, January 9, 2018
The Minerals Council of Australia has drawn attention to an independent study into the tax contribution of the mining industry, noting that firms paid an average effective tax rate of 51 percent in 2015-16. Read Full Story
Businesses Across Europe Call For Brexit Transition Period
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 15, 2017
The UK's main business associations and also chambers of commerce from Northern Europe have issued separate joint statements calling for an agreement between the EU and UK on a transitional period that would see the status quo maintained temporarily after Brexit. Read Full Story
US Republican Party Agrees New Tax Reform Blueprint
by Mike Godfrey, Tax-News.com, Washington
Thursday, September 28, 2017
Republicans have announced a new plan for reforming the US tax code, including a reduction to the corporate tax rate to 20 percent, the adoption of a territorial tax system, and a one-time tax on multinationals' unrepatriated earnings. Read Full Story
Think Tank Calculates Cost Of Canadian Carbon Pricing
by Mike Godfrey, Tax-News.com, Washington
Monday, September 11, 2017
A new report has argued that, by 2025, the impact of a CAD80 (USD66) per tonne carbon tax on the average Canadian household could reach CAD2,000 a year. Read Full Story
IMF Urges Canada To Review Tax System
by Mike Godfrey, Tax-News.com, Washington
Monday, July 17, 2017
The IMF has recommended that the Canadian Government undertake a "holistic" review of the tax system, to identify areas for improving efficiency while maintaining the country's competitiveness. Read Full Story
IMF Chimes In On US Tax Reform Plans
by Glen Shapiro, Tax-News.com, Washington
Thursday, June 29, 2017
The US corporate income tax should be replaced with a rent tax (either a cashflow tax or an allowance for corporate capital tax) with a somewhat lower marginal rate, the International Monetary Fund has said. Read Full Story
Turnbull Comments On South Australia's Bank Tax Plan
by Mary Swire, Tax-news.com, Hong Kong
Friday, June 23, 2017
Australia's federal Prime Minister, Malcolm Turnbull, has questioned whether the introduction of a new bank levy in the state of South Australia will harm the state's competitiveness. Read Full Story
100 Nations Now Party To BEPS Inclusive Framework
by Mary Swire, Tax-News.com, Hong Kong
Thursday, June 22, 2017
Vietnam has joined the OECD's base erosion and profit shifting Inclusive Framework as its 100th member. Read Full Story
Botswana Joins OECD's BEPS Inclusive Framework
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, June 12, 2017
Botswana has joined the OECD's base erosion and profit shifting Inclusive Framework. Read Full Story
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