individuals News
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
Cayman Launches CbC Reporting Portal
by Mike Godfrey, Tax-News.com, Washington
Friday, May 11, 2018
The Cayman Islands' country-by-country (CbC) reporting portal is now open, with the first CbC reports due from some taxpayers by the end of the month. Read Full Story
Barbados Rejects UK Push For Public Beneficial Ownership Register
by Mike Godfrey, Tax-News.com, Washington
Friday, May 11, 2018
Barbados's Minister of Industry, International Business, Commerce, and Small Business Development, Donville Inniss, has told a Society of Trust and Estate Practitioners (STEP) conference there is no support on the island for a public register of beneficial ownership. Read Full Story
UK Launches Review To Simplify Inheritance Tax Rules
by Jason Gorringe, Tax-News.com, London
Thursday, May 3, 2018
On April 27, 2018, the UK's Office of Tax Simplification launched a public consultation on measures to streamline and enhance the country's inheritance tax regime. Read Full Story
HMRC To Add To Arsenal Against Diverted Profits
by Jason Gorringe, Tax-News.com, London
Thursday, April 12, 2018
HM Revenue and Customs has launched a consultation inviting input on proposals to tackle arrangements entered into by individuals, partnerships, or companies that aim to move UK profits outside the scope of UK taxation, typically through the use of offshore trusts and companies. Read Full Story
Cayman Guides On Compliance With CbC Reporting, FATCA, CRS
by Mike Godfrey, Tax-News.com, Washington
Friday, April 6, 2018
The Cayman Islands has released new guidance on the obligation on large multinational groups to file a country-by-country report in the territory and also an update on Common Reporting Standard and US Foreign Account Tax Compliance Act reporting. Read Full Story
Denmark Hits Former Uber Drivers With Tax Bills
by Ulrika Lomas, Tax-News.com, Brussels
Friday, April 6, 2018
More than 1,000 former drivers of Uber taxis in Denmark will be required to pay additional tax after an investigation found tax irregularities in almost all cases. Read Full Story
Israel Defers Annual Corporate Tax Return Filing Deadline
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, April 4, 2018
Israel has postponed until June 28 the filing deadline for companies and individuals to file annual reports for 2017 online. Read Full Story
Sweden Scraps Exit Tax Proposal
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, March 28, 2018
The Swedish Government has announced that it will not proceed with a proposal to introduce an exit tax after hearing concerns about the measure's design. Read Full Story
First Deadline For Chinese Environmental Tax Approaching
by Mary Swire, Tax-News.com, Hong Kong
Monday, March 26, 2018
The first returns under China's new environmental tax are due online by April 1, 2018. Read Full Story
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