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The Nigerian authorities have granted Pioneer Status to a further 27 industries, after the first review of the incentive since 2006. Read Full Story
Australian Trade Minister Steven Ciobo has said that the country's trade surplus in 2016-17 reflects the Government's commitment to free trade. Read Full Story
In the latest salvo between Indian authorities and the Cairn Energy Group in the dispute concerning the controversial 2012 retrospective amendment to Indian tax law, Cairn has disclosed that the Indian Government has laid claim to a USD53m dividend payment that it considers the group is owed from its India-based subsidiary, Cairn India Limited. Read Full Story
Vietnamese taxpayers may soon have to pay increased environmental tax on fuel. Read Full Story
Sub-Saharan African countries should look to tap tax revenues outside natural resources, to finance stimulus measures that could reinvigorate their ailing economies, a new report from the International Monetary Fund says. Read Full Story
In a move thought to be intended to boost state-owned oil company Aramco ahead of an Initial Public Offering, Saudi Arabia announced tax cuts for oil and hydrocarbon producers on March 27. Read Full Story
The Australian Petroleum Production & Exploration Association has said it does not believe there is a case for reforming the Petroleum Rent Resource Tax. Read Full Story
As promised in the recent elections, and despite the country's significantly increased fiscal deficit in 2016, Ghana's new Government has decided to balance its election promise of beginning a program of tax cuts to boost private sector growth, with an attack on tax non-compliance. Read Full Story
It still remains uncertain as to how Italy's additional 2017 fiscal adjustment required by the European Commission will be funded, but a major part could involve cuts to individual income tax deductions. Read Full Story
In its submission to the Petroleum Resource Rent Tax review, the Business Council of Australia has said that the Government should not pursue changes to the regime unless there are clear benefits from doing so. Read Full Story
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