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Hong Kong Urged To Cut Tax For Asset Management

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

Tuesday, December 8, 2015

Hong Kong's Financial Services Development Council has released a number of research reports, including one that addresses tax issues relating to open-ended fund companies and private equity investments. Read Full Story

 


Clinton Proposes High-Frequency Trading Tax

by Mike Godfrey, Tax-News.com, Washington

Monday, October 12, 2015

Hillary Clinton has suggested the introduction in the United States of a financial transactions tax on high-frequency trading, which would not be as broadly-based as the tax already proposed by her opponent for the Democratic Party presidential nomination, Senator Bernie Sanders. Read Full Story

 


Tax Proposals In EU's Capital Markets Union Plan

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 6, 2015

The European Commission has recently released an Action Plan that is aimed at boosting business funding and investment financing for EU firms, including through removing cross-border tax barriers, addressing the debt/equity bias, and reviewing tax incentives. Read Full Story

 


PwC Report Released On UK Banks' Tax Contribution

by Robert Lee, Tax-News.com, London

Wednesday, September 23, 2015

Professional services firm PwC has estimated the total tax contribution of the UK banking sector in 2014 at GBP31.3bn (USD48.5bn). Read Full Story

 


Brazil Withdraws Proposal To Tax Shareholder Distributions

by Mike Godfrey, Tax-News.com, Washington

Friday, August 21, 2015

Brazilian Senator Gleisi Hoffmann has withdrawn her proposal to tax certain corporate distributions to shareholders. Read Full Story

 


Taiwan Presidential Candidate Proposes CGT Reform

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

Thursday, August 20, 2015

The presidential candidate of Taiwan's ruling Kuomintang party, Hung Hsiu-chu, has proposed reforms to replace the delayed capital gains tax on share trading. Read Full Story

 


FASB Sets Out Accounting Convergence Plans

by Mike Godfrey, Tax-News.com, Washington

Wednesday, August 12, 2015

Russell Golden, the Chairman of the Financial Accounting Standards Board, which is responsible for US Generally Accepted Accounting Principles, has confirmed that it will work towards global accounting standards that are as comparable as possible. Read Full Story

 


Kenya Confirms Capital Gains Tax Arrangements

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, July 30, 2015

Kenya has clarified forthcoming changes that will replace the nation's capital gains tax with a new withholding tax for securities trading activities. Read Full Story

 


Clinton Proposes Complex US CGT Hike

by Mike Godfrey, Tax-News.com, Washington

Tuesday, July 28, 2015

Democratic Party presidential candidate Hillary Clinton has provided details of the changes she would propose to capital gains tax in the United States, if she were to be elected next year. Read Full Story

 


Iceland To Impose Exit Tax

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, June 9, 2015

The Government of Iceland has agreed to present legislation for the lifting of capital controls and the introduction of an "exit tax." Read Full Story

 

 

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