public sector News

New Finland-Spain Tax Treaty Effective 2019

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 23, 2018

A new tax treaty between Finland and Spain, which will broaden the Finnish Government's taxing rights with respect to pension income, will be effective from 2019, according to the Finnish Ministry of Finance. Read Full Story

UK Mulling Extending Recent IR35 Reforms To Private Sector

by Jason Gorringe, Tax-News.com, London

Tuesday, May 22, 2018

On May 18, 2018, the UK Government launched a consultation on enhancing rules surrounding "off-payroll" working (the IR35 rules), to ensure that contractors who work through their own company pay the right tax. Read Full Story

Sparce Fiscal Room For Irish Budget Tax Cuts

by Jason Gorringe, Tax-News.com, London

Thursday, April 19, 2018

The Irish Government will have limited fiscal space available for either tax cuts or new spending measures in its next Budget, according to its latest Stability Programme Update. Read Full Story

First Chinese 'Environment Tax' Reports Due April 1

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

Tuesday, March 6, 2018

About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month. Read Full Story

Tax-Related Identity Theft Down 40 Percent, IRS Says

Mike Godfrey, Tax-News.com, Washington

Tuesday, February 13, 2018

The Internal Revenue Service has announced steep declines in tax-related identity theft in 2017, attributing the success to its Security Summit initiative, a private-public sector partnership formed in 2015 to combat identity theft. Read Full Story

Fraud At Record Levels, New BDO Report Says

by Jason Gorringe, Tax-News.com, London

Tuesday, January 16, 2018

BDO, the accountancy and business advisory firm, has released a report into the rapidly growing issue businesses and governments face with fraud, including tax fraud. Read Full Story

Guyana Announces Tax Amnesty In 2018 Budget

by Mike Godfrey, Tax-News.com, Washington

Thursday, November 30, 2017

Guyana's Minister of Finance, Winston Jordan, has announced a tax amnesty and tax cuts in the territory's recent 2018 budget. Read Full Story

UK's Small Firms Seek Helping Hand In Next Budget

by Jason Gorringe, Tax-News.com, London

Monday, November 13, 2017

Noting the substantial contribution to the UK economy that small businesses make, the Federation of Small Businesses has urged the UK to not go on a tax grab at the next Budget – the last before Brexit now that the UK has newly moved to a single Budget event each year. Read Full Story

Cambodia Continuing To Make Headway On Tax Reform: IMF

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

Thursday, November 2, 2017

Cambodia continues to make progress towards expanding its tax revenue base, the International Monetary Fund said, recommending in a new report that the country take stock of progress so far and focus now on reviewing tax incentives and value-added tax policy. Read Full Story

Irish Budget Watchdog Warns On Tax And Spending

by Jason Gorringe, Tax-News.com, London

Tuesday, September 5, 2017

The Irish Fiscal Advisory Council has said the Government should stick to its existing spending and tax plans and avoid using any unexpected increases in tax revenues to fund permanent budgetary measures. Read Full Story

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