inheritance tax News
Spain's Andalucia To Waive Tax On Most Inheritances
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, September 21, 2017
Spain's Andalucia region is scaling back inheritance tax for estates left to close family members. Read Full Story
New Zealand Labour Outlines Tax Plans
by Mary Swire, Tax-News.com, Hong Kong
Monday, September 18, 2017
New Zealand's Labour Party, which is edging ahead of the incumbent National Party-formed government in recent polls, has proposed a number of tax changes ahead of the September 23 election. Read Full Story
Malaysian Taxpayers Seek 'Fairer' Tax System
by Mary Swire, Tax-News.com, Hong Kong
Friday, September 8, 2017
The Consumers Association of Penang (CAP) has called on the Malaysian Government to reintroduce inheritance tax in the Budget 2018. Read Full Story
UK Reintroduces 2017 Finance Bill
by Jason Gorringe, Tax-News.com, London
Tuesday, July 18, 2017
The UK Government has published an updated version of the Finance Bill 2017. Read Full Story
Korea To Hike Taxes On Wealthy Taxpayers
by Mary Swire, Tax-News.com, Hong Kong
Friday, June 30, 2017
South Korea's new President, Moon Jae-in, has announced that the nation will hike taxes on the country's most affluent taxpayers and on the large conglomerates, or chaebols, that dominate Korea's economy. Read Full Story
EU Urges Belgium To Change Inheritance Tax Rules
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, May 23, 2017
The European Commission has requested that Belgium make a change to the rules on inheritance tax in the region of Wallonia in order to bring them into line with the Treaty on the Functioning of the European Union. Read Full Story
UK Labour Says It Would Increase CGT and IHT
by Jason Gorringe, Tax-News.com, London
Friday, May 5, 2017
Labour has said that it would lower the threshold for inheritance tax to GBP425,000 (USD548,000) from GBP850,000 and increase Capital Gains Tax if elected. Read Full Story
OECD Urges Japan To Hike Sales Tax
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 13, 2017
Japan should hike value-added tax and taxes on income, capital gains, and inheritances, to offset the revenue lost from corporate tax cuts, the OECD has said. Read Full Story
Thai Government Denies VAT Increase 'Plan'
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, March 14, 2017
There has been confusion in Thailand over remarks made by Prime Minister Prayut Chan-o-cha, after the premier appeared to suggest increasing the seven percent VAT rate to eight percent to boost the government's coffers for the funding of various public projects. Read Full Story
Italy Introduces Non-Dom Tax Incentive
by Ulrika Lomas, Tax-News.com, Brussels
Friday, March 10, 2017
In a bid to attract wealthy individuals to relocate to the country, and high net worth Italian expats to return there, the Italian authorities have introduced a EUR100,000 (USD106,251) per year substitute tax on foreign income and gains for previous non-doms who declare Italy as their primary tax residence. Read Full Story
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