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New levies under Obamacare that are due to be introduced from January 1, 2018, should be deferred, Americans for Tax Reform, a lobby group, has said. Read Full Story
HM Revenue and Customs, the UK tax authority, has reported that it has collected more than GBP4bn (USD5.2bn) in advance tax payments from those taxpayers that have used a tax avoidance scheme. Read Full Story
A prominent taxpayer advocacy group has defended the tax cuts in the Senate's healthcare reform bill, saying that they will benefit middle class American families. Read Full Story
UK politicians should avoid including pledges to freeze tax in their manifestos ahead of the election in June, the Institute for Fiscal Studies has said. Read Full Story
UK Prime Minister Theresa May said the Conservative Party, if reelected, will not increase value-added tax but refused to commit to a similar freeze on National Insurance contributions and income tax. Read Full Story
UK Prime Minister Theresa May has declined to confirm that her Government would maintain tax rates should it win the upcoming election. Read Full Story
HM Revenue and Customs has launched a new phone-in service for the public to report tax fraud and evasion. Read Full Story
The tax measures contained in Canadian Finance Minister Bill Morneau's second Budget are focused on closing loopholes, cracking down on tax evasion and improving tax reliefs for the "middle class." Read Full Story
A significant cut to the dividend tax allowance announced in the UK Budget will not deter people from incorporating their own business to take advantage of lower corporation tax rates, the Chartered Institute of Taxation has said. Read Full Story
For the third consecutive year, the US Internal Revenue Service has placed abusive micro-captive insurance tax shelters on its list of top tax scams to watch out for in the 2017 filing season. Read Full Story
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