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The Australian Government has passed legislation that will tighten the eligibility criteria for the Wine Equalisation Tax rebate and prevent the rebate being claimed multiple times on the same wine. Read Full Story
The UK tax authority, HM Revenue and Customs, has issued guidance for businesses on the preparation of country-by-country reports in the required format. Read Full Story
Canada will face political challenges if it accedes to US objectives in the renegotiation of NAFTA, according to a new report from think tank The Fraser Institute. Read Full Story
The EU is considering four new kinds of sanctions for jurisdictions included on a forthcoming "blacklist" of so-called tax havens, according to reports. Read Full Story
The US Internal Revenue Service has begun accepting country-by-country reports from multinational corporations. Read Full Story
Legislation to implement the South Australian Government's proposed bank levy has passed the state parliament's lower house. Read Full Story
Luxembourg Finance Minister Pierre Gramegna has introduced legislation into parliament that would establish a new intellectual property tax regime in Luxembourg. Read Full Story
New Zealand tax officials have released a paper seeking feedback on options for reducing the cost to employers of administering Pay As You Earn information. Read Full Story
The Australian parliament has passed legislation to ensure parity in the taxation of manufactured cigarettes and loose leaf tobacco. Read Full Story
The Government of Hong Kong has said that it will introduce legislation into the Legislative Council by the end of this year to implement the minimum standards proposed by the OECD as part of its base erosion and profit shifting project. Read Full Story
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