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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

 


UAE Issues Guidance On Reclaiming VAT On New House Builds

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 22, 2018

The United Arab Emirates' Federal Tax Authority has issued guidance on obtaining refunds of value-added tax on new homes. Read Full Story

 


Maldives Introduces Thin Capitalization Rule

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, May 11, 2018

The Maldives Inland Revenue Authority has issued a ruling prescribing a thin capitalization rule to limit deductions for interest and payments economically equivalent to interest. Read Full Story

 


New Zealand Consults On Imposing GST On Low-Value Imports

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

Thursday, May 3, 2018

New Zealand has launched a consultation on proposals to charge goods and services tax on consignments worth less than NZD400, which currently benefit from a tax exemption for low-value imports, from October 1, 2019. Read Full Story

 


UK's Proposed Digital Tax 'Would Cauterize Investment'

by Jason Gorringe, Tax-News.com, London

Tuesday, March 20, 2018

The introduction of a unilateral revenue tax on digital businesses in the UK would stymie investment and be a strangely timed gamble, says accountancy firm Moore Stephens. Read Full Story

 


Somalia Seeking To Enforce Tax Regime, With Int'l Support

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, March 7, 2018

The Government of Somalia has reported on the tax system reform and tax administration improvements it is introducing with support from international agencies. Read Full Story

 


US Taxpayer Made To Shoulder Legal Costs, Despite IRS Inaction

by Mike Godfrey, Tax-News.com, Washington

Tuesday, March 6, 2018

Read Full Story

 


First Chinese 'Environment Tax' Reports Due April 1

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

Tuesday, March 6, 2018

About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month. Read Full Story

 


ATO Keeping An Eye On Taxpayer Deductions

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

Wednesday, February 21, 2018

The Australian Taxation Office has said that it will be paying close attention to claims for "other" work-related expenses this year and urged taxpayers to keep appropriate records. Read Full Story

 


Singapore Confirms Future GST Hike In Budget

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

Tuesday, February 20, 2018

Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Read Full Story

 

 

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