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Hong Kong Gazettes Stamp Duty Hike Amendment

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

Monday, January 30, 2017

The Stamp Duty (Amendment) Bill 2017, which implements a further stamp duty increase to cool Hong Kong's housing market, was gazetted on January 27, and will be introduced into the Legislative Council on February 8. Read Full Story

 


Hong Kong Consults On Beneficial Ownership Plans

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

Friday, January 13, 2017

Hong Kong's Financial Services and the Treasury Bureau has launched public consultations on legislative proposals to increase the transparency of corporate beneficial ownership in the city, and to enhance its regulatory regime for combating money laundering and terrorist financing. Read Full Story

 


Hong Kong Needs Measured BEPS Response: Report

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

Friday, January 6, 2017

Hong Kong's Financial Services Development Council has issued a paper setting out key recommendations for the Government to consider in the area of international tax law. Read Full Story

 


Taiwan's VAT On Online Retailers Becomes Law

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

Monday, January 2, 2017

On December 28, Taiwan's President Tsai Ing-wen signed into law the amendment to the Value-Added and Non-Value-Added Business Tax Act to impose tax on foreign online sellers' supplies to Taiwanese consumers. Read Full Story

 


ICC Lauds French Ruling Outlawing Public CbC Reporting

by Mike Godfrey, Tax-News.com, Washington

Wednesday, December 21, 2016

The International Chamber of Commerce has welcomed the French Constitutional Court's ruling that struck down as unconstitutional a French law requiring public disclosure of country-by-country reports. Read Full Story

 


UK Publishes Draft Guidance On Hybrid Mismatch Regime

by Jason Gorringe, Tax-News.com, London

Tuesday, December 13, 2016

The UK Government has published draft guidance on the application of the hybrid mismatch legislation introduced in Budget 2016, which is due to take effect on January 1, 2017. Read Full Story

 


Hong Kong Explains New Tax Appeal Process

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

Tuesday, November 29, 2016

Hong Kong's Inland Revenue Department has updated Interpretation and Practice Note No. 6 to reflect legislative changes to the rights of appeal against tax assessments, which began to be applied from April 1 this year. Read Full Story

 


New Zealand Planning More BEPS Measures

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

Thursday, November 10, 2016

New Zealand's tax agency has set out the international tax initiatives it intends to pursue, in particular in response to the OECD's base erosion and profit shifting plan. Read Full Story

 


Hong Kong Announces Further Stamp Duty Hike

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

Monday, November 7, 2016

The Hong Kong Government has introduced a further stamp duty increase to cool the housing market. Read Full Story

 


South Africa Looks For Technical Tax Proposals

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, November 4, 2016

South Africa's National Treasury has invited taxpayers, tax practitioners, and members of the public to submit technical proposals to improve or correct current tax legislation, to be considered for inclusion in the 2017 Budget Review. Read Full Story

 

 

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