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inheritance tax News

Spain's Andalucia To Waive Tax On Most Inheritances

by Ulrika Lomas,, 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,, 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,, 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,, 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,, 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,, 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,, 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,, 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,, 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,, 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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