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ministry of finance News

SMEs Urge Canada To Go Slow On Tax Reform

by Mike Godfrey,, Washington

Tuesday, February 20, 2018

New Canadian rules on income sprinkling are barely understood and SMEs are concerned at the prospect of a crackdown on passive investments, according to the president of the Canadian Federation of Independent Business. Read Full Story


Ireland Announces 2018 Tax Revenue Targets

by Jason Gorringe,, London

Tuesday, February 13, 2018

The Irish Government is targeting a seven percent increase in revenue over 2017's tax take. Read Full Story


Australia Legislates To Target 'Black Economy'

by Mary Swire,, Hong Kong

Wednesday, February 7, 2018

The Australian Government has introduced legislation to crack down on the use of electronic sales suppression tools and to extend the Taxable Payments Reporting System. Read Full Story


Ireland To Review Local Property Tax

by Jason Gorringe,, London

Wednesday, January 17, 2018

The Irish Finance Department is to begin a review of the Local Property Tax next month, which will consider the impact of changing property prices on households' tax liabilities. Read Full Story


Australia Amends Tax Debt Transparency Rules

by Mary Swire,, Hong Kong

Thursday, January 11, 2018

The Australian Taxation Office will gain the power to disclose business tax debts to credit reporting bureaus. Read Full Story


Irish Tax Revenues Close Year On Target

by Jason Gorringe,, London

Friday, January 5, 2018

Ireland's Finance Minister, Paschal Donohoe, has said that tax revenues "performed robustly" in 2017, closing the year 0.2 percent ahead of target. Read Full Story


Singapore, Mauritius Added To Ukraine's TP Control List

by Lorys Charalambous,, Cyprus

Thursday, January 4, 2018

The Government of Ukraine has included Singapore, Mauritius, and seventeen other nations in its list of tax jurisdictions whose transactions are subject to additional transfer pricing controls. Read Full Story


Canadian Gov't Promotes Small Business Tax Cut

by Mike Godfrey,, Washington

Monday, January 1, 2018

The upcoming 0.5 percent cut to the Canadian small business tax rate will save SMEs up to CAD7,500 (USD5,699) in federal taxes a year, the Finance Department has said. Read Full Story


Irish Gov't Decides Against Betting Tax Hike

by Jason Gorringe,, London

Thursday, December 28, 2017

Ireland's Finance Department decided against proposals to double the tax on betting after warnings from industry representatives, according to reports. Read Full Story


Ireland May Decide To Build Fiscal Buffers In Next Budget

by Jason Gorringe,, London

Thursday, December 28, 2017

"It is not a given" that the Irish Government will choose to spend all of the money at its disposal when it comes to preparing the next Budget, Finance Minister Paschal Donohoe has said. Read Full Story



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