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UK Announces Digital Tax, Corporate Tax Reforms In New Budget

by Jason Gorringe, Tax-News.com, London

Friday, November 2, 2018

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses. Read Full Story

 


Icelandic Budget Proposes Income Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 13, 2018

Iceland's 2019 Budget includes proposals to increase the personal deduction and index income tax thresholds to the consumer price index. Read Full Story

 


Netherlands Ponders New Aviation Tax

by Ulrika Lomas, Tax-News.com, Brussels

Monday, July 16, 2018

The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021. Read Full Story

 


Pakistani Tax Amnesties Extended Until July 31

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

Monday, July 9, 2018

Pakistan's Government has approved a one-month extension to tax amnesties for companies and individuals, which were due to end on June 30, 2018. Read Full Story

 


IMF Urges US To Hike Indirect Taxes

by Mike Godfrey, Tax-News.com, Washington

Friday, July 6, 2018

The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases. Read Full Story

 


OECD Welcomes Dutch Efforts To Counter BEPS

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

The OECD has welcomed efforts by the Dutch Government to tackle base erosion and profit shifting but called for the overall tax regime to be simplified, including in area of value-added tax. Read Full Story

 


Seychelles Introduces Progressive PIT Regime

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

The Seychelles introduced a new progressive income tax system for individuals on June 1, 2018. Read Full Story

 


Hong Kong Issues Tax Compliance Guide For Property Owners

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

Thursday, June 14, 2018

On June 14, 2018, Hong Kong's Inland Revenue Department released guidance on the tax obligations of landlords. Read Full Story

 


First Tax-Deferred Pension Scheme Launched In China

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

Thursday, June 14, 2018

China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China. 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

 

 

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