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McDonald's To Shift Tax Base To UK

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 12, 2016

McDonald's has confirmed that it is restructuring some of its operations so that it will pay tax on most of its non-US royalties in the United Kingdom instead of in Luxembourg. Read Full Story

 


Industry Criticizes South Australian Wagering Tax

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

Tuesday, June 28, 2016

The Australian Wagering Council has warned that the South Australian Government's proposed place of consumption tax on betting companies is untenable in practice. Read Full Story

 


Hong Kong Travel Agent Fee Waivers Gazetted

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

Monday, May 23, 2016

The Travel Agents (Fee Concessions) Regulation 2016, which seeks to give effect to waivers for 12 months of certain license fees by Hong Kong's travel agents, was gazetted on May 20. Read Full Story

 


South Korea Extends Duty-Free Shop Licenses

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

Friday, April 1, 2016

The South Korean Government has announced that it will extend the term of licenses granted for the operation of local duty-free shops to 10 years, rather than the current five years. Read Full Story

 


Italy Grants 30 Extra Days For Patent Box Applications

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 29, 2016

In a recent circular, the Italian Revenue Agency has agreed an extension of 30 days to the period of time businesses have to complete their applications to take advantage of Italy's "patent box" in its first operational fiscal year. Read Full Story

 


Hong Kong's SFC Extends License Fee Waiver

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

Saturday, March 26, 2016

Hong Kong's Securities and Futures Commission has announced that the payment of annual licensing fees will be waived for another two-year period, effective from April 1, 2016. Read Full Story

 


Italy's Patent Box Sees High Number Of Applications

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 16, 2016

By end-December 2015, the number of Italian businesses that had applied to take advantage of Italy's "patent box" in its first operational fiscal year had reached a greater-than-expected 4,500. Read Full Story

 


US Poll Supports Tax Preparer Regulation

by Mike Godfrey, Tax-News.com, Washington

Monday, January 25, 2016

A national poll commissioned by the Consumer Federation of America has indicated strong support for reform of the paid tax preparer industry in the United States. Read Full Story

 


Bahamas Discusses Aviation, Health Care VAT Changes

by Mike Godfrey, Tax-News.com, Washington

Monday, January 11, 2016

The Bahamas Government has recently issued two statements regarding value-added tax policy, covering aviation sector operators and the health care sector. Read Full Story

 


Italy Issues Patent Box Guidance

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 4, 2015

On December 1, the Italian Revenue Agency issued a guide delineating how companies can take advantage of Italy's "patent box," together with a circular containing the answers to questions arising out of the new regime's operation. Read Full Story

 

 

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