corporation tax News

Irish Corporate Tax Reform Pushed By MPs, To Shore Up Tax Base

by Jason Gorringe, Tax-News.com, London

Thursday, June 14, 2018

The highly concentrated nature of Ireland's corporation tax receipts represents "an unacceptable level of risk," according to parliament's Public Accounts Committee. Read Full Story

Tax Regime Overhaul Announced In Barbados

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes. Read Full Story

DeFazio Tables US Anti-Profit Shifting Bill

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

US congressman Peter DeFazio (D-OR) has introduced legislation designed to amend the Tax Cuts and Jobs Act so that incentives for US corporations to shift income and production overseas are reduced. Read Full Story

Canada Told To Sharpen Corporate Tax Competitiveness

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 12, 2018

The IMF has said that the recent changes to the US tax system could make Canada a less attractive destination for investment. Read Full Story

Italy Launches Digital Tax Consultation

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

Italy's Ministry of Finance is seeking stakeholders' feedback on whether to support the EU's digital tax plans, and in particular its proposal for an "interim tax" on otherwise untaxed turnover earned by certain digital economy firms. Read Full Story

Australia Planning June Vote On Corporate Tax Cut Package

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

Monday, May 28, 2018

The Australian Government will put its company tax reforms before the Senate in June, with the aim of securing a vote by the 28th. Read Full Story

Corporate Tax Cut Plan Before Filipino Lawmakers

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

Wednesday, May 23, 2018

Filipino Finance Secretary Carlos Dominguez has called on lawmakers to pass a package of tax measures, including a cut to the corporate tax rate and a reduction in tax breaks and holidays. Read Full Story

Think Tank Argues Against UK 'Robot Tax'

by Jason Gorringe, Tax-News.com, London

Tuesday, May 29, 2018

In a new report, the Institute of Economic Affairs in the UK has argued against the need for the UK to introduce a so-called "robot tax," on profits from automation. Read Full Story

HK's Legislature Passes 2018/19 Budget Bill

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

Thursday, May 17, 2018

Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has welcomed the recent passage of the 2018/19 Budget Bill through the special administrative region's parliament. Read Full Story