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Ireland Releases Virtual Currency Tax Guidance

by Robert Lee, Tax-News.com, London

Thursday, May 17, 2018

The Irish Revenue has issued an eBrief to clarify how "normal tax rules" apply to transactions involving cryptocurrencies. Read Full Story

 


UK Criticized For Overzealous Offshore Tax Enforcement Plans

by Jason Gorringe, Tax-News.com, London

Thursday, May 17, 2018

The Chartered Institute of Taxation has criticized a new UK government proposal to extend significantly the tax assessment time limits in cases involving offshore tax matters. Read Full Story

 


EU VAT Cooperation Proposals To Be Amended

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 27, 2018

The European Parliament's Committee on Economic and Monetary Affairs has requested a number of changes to the EU Commission's proposals for enhanced administrative cooperation in value-added tax matters, according to a document released on April 23, 2018. Read Full Story

 


South Africa Launches VAT Zero Rate Review

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, April 27, 2018

Having increased the headline value-added tax rate to 15 percent from 14 percent on April 1, South Africa has appointed a panel to consider a review of the list of food items subject to the zero rate. Read Full Story

 


EU Seeks To Prevent BEPS With New Company Law Rules

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 27, 2018

The European Commission has announced new company law rules to, on the one hand, make it easier for companies to merge, divide, or transfer from one member state to another, but, on the other, prevent abusive tax avoidance and profit shifting. Read Full Story

 


Guernsey Regulator Releases Stock Market Integrity Code

by Jason Gorringe, Tax-News.com, London

Thursday, April 19, 2018

Guernsey's financial services regulator, the Guernsey Financial Services Commission, has released a draft code on market conduct standards focusing on behavior it considers amounts to market abuse. Read Full Story

 


Australian Miners' Tax Contribution Back To Boom Levels

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

Thursday, April 12, 2018

Australian mining companies paid a record AUD12.1bn (USD9.4bn) in company tax in 2016-17, according to research published by the Minerals Council of Australia. 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

 


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

 


IMF Proposes Growth-Friendly Tax Reforms For Italy

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 23, 2018

Italy should shift the tax burden from labor towards consumption and property, in particular by lowering social security contributions and broadening the value-added tax base, a new International Monetary Fund working paper says. Read Full Story

 

 

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