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corporation tax News

Australia Clarifies Tax Rules For Passive Investment Companies

by Mary Swire,, Hong Kong

Last updated 2 hours ago | Wednesday, October 18, 2017

The Australian Government has introduced legislation that will clarify that passive investment companies cannot qualify for the small business company tax rate. Read Full Story


Canadian Gov't Commits To SME Tax Cut

by Mike Godfrey,, Washington

Last updated 25 hours ago | Tuesday, October 17, 2017

The Canadian Government has announced plans to lower the small business tax rate and has signalled its intention to amend its controversial reforms to tax planning rules. Read Full Story


Malta Levels Tax On Debt, Equity Financing

by Amanda Banks,, London

Last updated 25 hours ago | Tuesday, October 17, 2017

Malta has enacted rules removing the bias in favor of debt financing by creating a notional interest deduction for equity financing. Read Full Story


BCA: Aus Company Tax Rate Damaging Competitiveness

by Mary Swire,, Hong Kong

Monday, October 16, 2017

Australia could soon have the third highest company tax rate in the developed world, the Business Council of Australia has said. Read Full Story


Ireland Updates International Tax Strategy

by Jason Gorringe,, London

Thursday, October 12, 2017

The Irish Government has published an updated version of its International Tax Strategy, which provides an overview of the steps taken to meet international standards and sets out the Government's position on global reform efforts. Read Full Story


Dutch Tax Changes Confirmed In Coalition Agreement

by Ulrika Lomas,, Brussels

Thursday, October 12, 2017

A number of proposed tax changes intended to boost Dutch competitiveness and combat tax avoidance have been included in the official agreement between the four parties forming the next Government of the Netherlands. Read Full Story


ATO Publishes Data On Big Business Tax Gap

by Mary Swire,, Hong Kong

Wednesday, October 11, 2017

The Australian Taxation Office has estimated that the tax gap for the large corporate groups sector is AUD2.5bn (USD1.9bn) or 5.8 percent. Read Full Story


Irish Budget Delivers Modest Income Tax Cuts

by Jason Gorringe,, London

Wednesday, October 11, 2017

Paschal Donohoe's first Irish Budget contained minor tweaks to income tax brackets and Universal Social Charge rates. Read Full Story


Indian Authorities Sign Two New APAs

by Mary Swire,, Hong Kong

Monday, October 9, 2017

India's Central Board of Direct Taxes on October 6 announced that it entered into two unilateral Advance Pricing Agreements in September. Read Full Story


Wealthiest To Benefit From Half Of Total US Tax Cuts: Study

by Mike Godfrey,, Washington

Monday, October 9, 2017

The recently proposed US tax reform package would benefit the rich but see some middle-class households face higher tax rises, says a new state-by-state analysis from the Institute on Taxation and Economic Policy. Read Full Story



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