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UK Publishes Legislation For Post-Brexit Cross-Border Taxes

by Jason Gorringe, Tax-News.com, London

Last updated 31 hours ago | Tuesday, November 21, 2017

On November 21, the UK Government published the Taxation (Cross-border Trade) Bill, previously known as the Customs Bill, providing for the introduction of an independent customs regime for the UK when the country leaves the European Union. Read Full Story

 


Seychelles Overhauls Tax Settings In Recent 2018 Budget

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

Last updated 31 hours ago | Tuesday, November 21, 2017

The Seychelles Budget included numerous proposals to change the territory's tax settings, including new corporate tax reliefs and the settings for a progressive personal income tax regime. Read Full Story

 


Australian CEOs Urge Lawmakers To Approve Tax Cuts

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

Last updated 31 hours ago | Tuesday, November 21, 2017

Four out of five Australian CEOs have said that their companies would increase investment spending if the company tax rate was reduced to 25 percent, according to a new survey by the Business Council of Australia. Read Full Story

 


Dutch Government To Tighten Trust Office Rules

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 31 hours ago | Tuesday, November 21, 2017

The Government of the Netherlands intends to strengthen the regulatory regime for Dutch trust offices as part of its ongoing efforts to reduce tax avoidance and fraud. Read Full Story

 


HMRC Given New Powers Against Tax Scheme Promoters

by Jason Gorringe, Tax-News.com, London

Monday, November 20, 2017

The Chartered Institute of Taxation has highlighted that two significant new penalties for tax non-compliance are now effective, following Royal Assent to Finance (No. 2) Act 2017. Read Full Story

 


Senate Tax Proposal Seen As Better For Older US Taxpayers

by Mike Godfrey, Tax-News.com, Washington

Monday, November 20, 2017

The American Association of Retired Persons has praised the tax bill proposed by the US Senate Committee on Finance, saying it will be better for older Americans than the House version. Read Full Story

 


South Australia Presses Ahead With Tax Reforms

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

Monday, November 20, 2017

Following its decision to abandon plans for a controversial bank levy, the South Australian Government has announced that it will still press ahead with payroll tax cuts and a higher foreign investor surcharge. Read Full Story

 


UAE Releases Executive Regulation On VAT

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

Monday, November 20, 2017

The United Arab Emirates released Regulations setting out key elements of the rules surrounding value-added tax, which will be implemented from January 1, 2018. Read Full Story

 


Hong Kong Considers Easing Stamp Duty Refund Restrictions

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

Monday, November 20, 2017

Hong Kong is planning to re-table legislation that would increase the period of time allowed for Hong Kong taxpayers to apply for a stamp duty refund. Read Full Story

 


US Tax Reform Bills Advanced By Senate Committee, House

by Glen Shapiro, Tax-News.com, New York

Friday, November 17, 2017

Both the House of Representatives and the Senate Finance Committee passed their respective US tax reform bills on November 16. Read Full Story

 

 

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