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May Explains UK Government's Evolving Brexit Aims

by Jason Gorringe,, London

Last updated 10 hours ago | Monday, September 25, 2017

Upon leaving the EU, there is no need for the UK or the EU to introduce tariffs on cross-border trade where there are none now, Theresa May, the UK Prime Minister, has said, setting out her idea of how Brexit should play out. Read Full Story


Luxembourg Adapting To International Tax Changes, Says S And P

by Ulrika Lomas,, Brussels

Thursday, September 21, 2017

While Luxembourg is adapting to changes in the international tax environment, a loss of attractiveness due to stricter international tax regulations poses one of the main risks to growth, according to Standard and Poor's. Read Full Story


OECD Criticizes Estonia's Dividend Tax Measure

by Ulrika Lomas,, Brussels

Tuesday, September 19, 2017

The OECD has taken issue with the Estonian Government's plans to reduce the rate of tax on distributed dividends for established companies, warning that the measure could complicate the tax system and discriminate against small firms. Read Full Story


Japan, Brazil Sign Customs Cooperation Pact

by Mike Godfrey,, Washington

Tuesday, September 19, 2017

The Governments of Japan and Brazil have signed an agreement to cooperate on customs matters, including the accurate assessment of duties and the enforcement of control measures. Read Full Story


HMRC To Narrow Scope Of Bank Levy

by Jason Gorringe,, London

Tuesday, September 19, 2017

The UK Government is planning to change the scope of the Bank Levy and simplify how it is administered. Read Full Story


UAE's New Tax Agency Agrees VAT, Excise Rules

by Lorys Charalambous,, Cyprus

Thursday, September 7, 2017

The Board of Directors of the UAE Federal Tax Authority has approved various procedures relating to the forthcoming introduction of excise and value-added taxes in the UAE. Read Full Story


Barnier Defends EU's Position On Brexit

by Ulrika Lomas,, Brussels

Monday, September 4, 2017

The EU's chief Brexit negotiator has said that his team is far from being able to recommend that sufficient progress has been made to merit the focus of talks turning to the future EU-UK relationship. Read Full Story


Taiwan Warns Taxpayers To Declare Overseas Income

by Mary Swire,, Hong Kong

Tuesday, August 22, 2017

Taiwan's Ministry of Finance has warned that taxpayers who fail to declare overseas income face fines of up to three times the tax evaded. Read Full Story


UK Issues Guidance On Preparing CbC Reports

by Jason Gorringe,, London

Wednesday, August 16, 2017

The UK tax authority, HM Revenue and Customs, has issued guidance for businesses on the preparation of country-by-country reports in the required format. Read Full Story


Canadian Foreign Minister Explains NAFTA Priorities

by Mike Godfrey,, Washington

Tuesday, August 15, 2017

Canadian Foreign Affairs Minister Chrystia Freeland has said that the Government will push for NAFTA to be modernized and made more progressive when renegotiation talks with the US and Mexico get underway. Read Full Story



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