interest News
Nigeria Extends Amnesty To June 30
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, April 17, 2018
Nigeria's President, Muhammadu Buhari, has confirmed a final extension to the country's Voluntary Assets and Income Declaration Scheme (VAIDS) until June 30. Read Full Story
SARS Sets Out Expectations On Virtual Currency Tax Compliance
by Mary Swire, Tax-News.com, Hong Kong
Friday, April 6, 2018
The South African Revenue Service on April 6, 2018, warned taxpayers that they are expected to declare cryptocurrency gains or losses in calculating their taxable income. Read Full Story
Australia Provides Update On International Tax Enforcement
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, April 4, 2018
In comments to the TPMinds International Conference in late March, Deputy Commissioner Mark Konza outlined the Australia Taxation Office's priorities in the area of international tax enforcement, with an especial focus to be placed on the energy and resources sector and pharmaceutical industry. Read Full Story
IMF Urges Progress From Switzerland On Tax Reform
by Ulrika Lomas, Tax-News.com, Brussels
Friday, April 6, 2018
The IMF has warned that any further delays from Switzerland in meeting international corporate taxation standards could damage the territory's appeal as an investment destination. 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
Scotland Urged To Simplify Proposals For First-Time Buyers' Tax Relief
by Jason Gorringe, Tax-News.com, London
Friday, March 30, 2018
The Chartered Institute of Taxation has warned the Scottish Government that its plans for Land and Buildings Transaction Tax relief for first-time buyers could be complex and difficult to enforce. Read Full Story
IRS Warns Taxpayers On Virtual Currency Tax Compliance
by Mike Godfrey, Tax-News.com, Washington
Monday, March 26, 2018
The US Internal Revenue Service on March 23 warned taxpayers that they must report income from virtual currency transactions in their income tax returns. Read Full Story
Bermuda To Regulate Initial Coin Offerings
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
Bermuda's Premier and Minister of Finance, David Burt, told the island's parliament last week that his government will shortly release a draft Bill to regulate initial coin offerings in Bermuda. Read Full Story
Caribbean States Appeal To EU Over Tax Blacklisting
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
The Organisation of Eastern Caribbean States, a grouping of 15 Caribbean territories, says it is working hard through its Brussels embassy to address EU concerns, which have led to a number of its members being included on a tax blacklist. Read Full Story
HMRC Changes Position On VAT On Cost-Sharing Groups
by Jason Gorringe, Tax-News.com, London
Thursday, March 22, 2018
The UK tax agency, HM Revenue and Customs, has released new guidance on its policies concerning cost-sharing groups following rulings from the European Court of Justice on their VAT treatment. Read Full Story
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