New EU Requirements For IFRS Financial Statements From 2020

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

The European Commission has announced that listed companies that prepare consolidated financial statements using IFRS Standards will be required to tag their primary financial statements using the IFRS Taxonomy for financial years starting on or after January 1, 2020. Read Full Story

Labour Would Hike Taxes On UK Financial Sector

by Amanda Banks, Tax-News.com, London

Monday, May 15, 2017

UK opposition party Labour has said it would increases taxes on financial transactions in the City to raise GBP5bn (USD6.46bn) a year. Read Full Story

IMF Proposes Property Tax Tweaks For New Zealand

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

Wednesday, May 10, 2017

New Zealand could further improve its tax system by introducing new housing-related charges, the International Monetary Fund says. Read Full Story

IMF Discusses Israeli Real Property Tax Reform Agenda

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, March 29, 2017

The International Monetary Fund has commented on Israel's recent reforms to property tax measures, which were intended to cool the property market. Read Full Story

South Africa Issues Tax-Free Savings Amendments

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, March 3, 2017

The South African National Treasury has published final amendments to the overall regulations covering tax-free savings accounts for the year beginning March 1, 2017. Read Full Story

Hong Kong Eyeing Policies To Boost Growth

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

Tuesday, January 24, 2017

Hong Kong's Chief Executive, CY Leung, has explained how the territory aims to boost growth opportunities, including through the use of tax breaks. Read Full Story

Taiwan Plans Cut To Daily Stock Trading Tax

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

Tuesday, January 3, 2017

The Taiwanese Government has decided to halve the existing transaction tax of 0.3 percent on day trading through the Taiwan Stock Exchange. Read Full Story

China Offers Corporate Debt Restructuring Incentives

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

Thursday, December 8, 2016

In a notice issued on December 6, China's Ministry of Finance provided details of the preferential tax breaks to be given to companies engaged in debt-reducing corporate restructurings. Read Full Story

Mainland-Hong Kong Bond Trading Framework Recommended

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

Friday, December 2, 2016

Hong Kong's Financial Services Development Council has released a report proposing the establishment of a "Bond Market Connect," which would promote the development of bond trading between Mainland China and Hong Kong. Read Full Story

France To Increase Financial Transactions Tax

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 25, 2016

French deputies have voted in favor of an amendment to the draft 2017 Budget that will increase the country's tax on financial transactions and expand the tax's scope. Read Full Story

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