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New Zealand To Remove GST Exemption For Low-Value Imports

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

Wednesday, November 15, 2017

New Zealand's new Revenue Minister, Stuart Nash, has said that the country will reduce or eliminate the goods and services tax exemption for low-value imports. Read Full Story

 


Canada Announces Cannabis Tax Plans

by Mike Godfrey, Tax-News.com, Washington

Monday, November 13, 2017

The Canadian Government has launched a consultation on a proposed excise duty framework for cannabis products. 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

 


US House Ways And Means Adopts Tax Reform Law

by Mike Godfrey, Tax-News.com, Washington

Friday, November 10, 2017

The House Ways and Means Committee has passed the Tax Cuts and Jobs Act after a final markup, including in it a lower tax rate for pass-through income introduced as part of a second package of amendments. Read Full Story

 


Luxembourg Tax Ruling Quartered Amazon's Tax Bill: EU Commission

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, October 4, 2017

The European Commission has concluded that a tax ruling issued by Luxembourg in 2003, and prolonged in 2011, lowered the tax paid by Amazon in the country without any valid justification, and ordered the Government to recover around EUR250m (USD295m) in unpaid taxes from the retail behemoth. Read Full Story

 


Canadian Revenue Dip 'Linked To Tax Planning'

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 20, 2017

Personal income tax minimization strategies reduced Canada's personal income tax revenues in 2016/17 and dragged total revenues lower, the Government has said. Read Full Story

 


Companies Begin Paying Taiwan's New 'Netflix Tax'

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

Wednesday, August 23, 2017

Taiwan has said that a total of 45 overseas providers of electronic services have filed value-added tax returns in respect of electronic supplies to the domestic market, under the territory's new "Netflix tax." Read Full Story

 


UAE President Issues Excise Tax Decree

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, August 22, 2017

President of the United Arab Emirates, Khalifa bin Zayed Al Nahyan, on August 21 issued a Federal Decree on Excise Tax, with the levy to be imposed on selected products, including tobacco products, some types of soft drink, and energy drinks. Read Full Story

 


Irish Retailers Call For Easing Of Tax Burden

by Jason Gorringe, Tax-news.com, London

Wednesday, August 9, 2017

Trade association Retail Ireland has warned that the sector is cautious and uncertain about what the second half of the year will bring, and called on the Government to ease the tax burden on consumers and retailers. Read Full Story

 


Canada Announces CETA Tariff Quotas For EU Cheese

by Mike Godfrey, Tax-news.com, Washington

Thursday, August 3, 2017

The Canadian Government has announced the allocation of the new tariff rate quotas for imports of cheese from the EU under the Comprehensive Economic and Trade Agreement. Read Full Story

 

 

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