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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

 


New Zealand Defers New Insurance Tax

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

Thursday, April 12, 2018

New Zealand has deferred the introduction of a new tax on insurance contracts, which is proposed to be introduced to fund emergency services in the country. Read Full Story

 


Scottish Taxpayers 'Grappling With Complexity Following Tax Devolution': CIOT

by Jason Gorringe, Tax-News.com, London

Thursday, April 12, 2018

The Chartered Institute of Taxation says Scottish taxpayers now face more complexity than ever before, due to the introduction on April 6, 2018, of new rates and bands of income tax. Read Full Story

 


UK Hails Win Over Tax-Avoidance Scheme

by Jason Gorringe, Tax-News.com, London

Friday, March 16, 2018

HM Revenue and Customs, the UK tax agency, has lauded a ruling in its favor secured before the courts that will save the UK exchequer tens of millions of pounds in related tax-avoidance cases. Read Full Story

 


Hong Kong's New Budget Contains Tax Relief Measures

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

Thursday, March 1, 2018

Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses. Read Full Story

 


OECD Calls On Chile To Pursue More Equitable Tax Policies

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 28, 2018

The OECD has called on Chile to undertake more comprehensive tax reform to improve the fairness of the tax regime. Read Full Story

 


IoM Budget Includes Plan For Bank Tax

by Amanda Banks, Tax-News.com, London

Thursday, February 22, 2018

The Isle of Man's 2018 Budget maintains the zero percent company tax rate, and announces a banking tax review, which will look at taxing all banking profits at the 10 percent rate from next year. Read Full Story

 


India Concludes First US Bilateral Advance Pricing Agreement

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

Wednesday, February 7, 2018

The Indian Central Board of Direct Taxes on February 7 announced that it entered into its first ever bilateral advance pricing agreement with a US firm, in cooperation with authorities in the US. Read Full Story

 


Most US Taxpayers Unaware Of Individual Mandate Repeal

by Mike Godfrey, Tax-News.com, Washington

Monday, January 29, 2018

Most US taxpayers do not know they will no longer face a tax penalty under the Affordable Care Act's individual mandate, which was shuttered in the recently enacted Tax Cuts and Jobs Act. Read Full Story

 


Singapore Urged To Enhance Tax Offering

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

Friday, January 5, 2018

Ernst and Young Solutions LLP, Singapore, has released its wish list for the Singapore Budget 2018, calling for reforms to sharpen the territory's competitiveness. Read Full Story

 

 

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