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HMRC Given New Powers Against Tax Scheme Promoters

by Jason Gorringe, Tax-News.com, London

Monday, November 20, 2017

The Chartered Institute of Taxation has highlighted that two significant new penalties for tax non-compliance are now effective, following Royal Assent to Finance (No. 2) Act 2017. Read Full Story

 


Irish Revenue Launches New Tax Evasion Inquiry

by Jason Gorringe, Tax-News.com, London

Monday, November 20, 2017

The Irish Revenue has announced that a new inquiry is underway to identify and pursue taxpayers engaged in offshore tax evasion and avoidance. Read Full Story

 


China Cuts Corporate Tax For Tech Firms

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

Tuesday, November 14, 2017

China has announced that it will expand corporation income tax breaks to high-tech ventures. Read Full Story

 


HMRC Welcomes Jail Terms For Carbon Emission Tax Fraudsters

by Jason Gorringe, Tax-News.com, London

Tuesday, November 14, 2017

The UK tax authority, HM Revenue and Customs, has welcomed prison terms for members of a crime group for perpetrating what the agency called one of the biggest ever tax crimes in the UK. Read Full Story

 


US Senate Presents A Different Take On Tax Reform

by Mike Godfrey, Tax-News.com, Washington

Monday, November 13, 2017

The Senate Finance Committee released its tax reform plan on November 9, presenting a draft bill with marked differences to that agreed by the House Ways and Means Committee on the same day. Read Full Story

 


Dassault Responds To Paradise Paper Leaks

by Ulrika Lomas, Tax-News.com, Brussels

Monday, November 13, 2017

French aircraft manufacturer Dassault Aviation has issued a statement on its tax arrangements in response to media coverage of the so-called "Paradise Papers." Read Full Story

 


Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings

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

Wednesday, November 8, 2017

Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices. Read Full Story

 


France's Le Maire Calls For Tax Haven Sanctions

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 7, 2017

French finance minister Bruno Le Maire has urged countries to approve tougher sanctions against jurisdictions that do not adhere to standards in tax transparency in the wake of the Paradise Papers leak. Read Full Story

 


Indian Authorities Report On Probes After Taxpayer Data Leaks

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

Tuesday, November 7, 2017

The Indian tax authorities have provided updates into both the ongoing "Panama Papers" investigation and the developing and unconnected "Paradise Papers" revelations. Read Full Story

 


ATO Explains 'Paradise Papers' Response

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

Monday, November 6, 2017

The Australian Taxation Office has said that it has begun analyzing the Paradise Papers to identify possible Australian links. Read Full Story

 

 

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