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royalties News

Study Into Australian Miners' Tax Contribution

by Mary Swire,, Hong Kong

Tuesday, January 9, 2018

The Minerals Council of Australia has drawn attention to an independent study into the tax contribution of the mining industry, noting that firms paid an average effective tax rate of 51 percent in 2015-16. Read Full Story


Cambodia-Singapore Double Tax Deal Effective

by Mary Swire,, Hong Kong

Wednesday, January 3, 2018

Singapore's tax agency has announced that the territory's new double tax avoidance agreement with Cambodia entered into force on December 29, 2017, capping cross-border withholding taxes on trade and investment. Read Full Story


EU Proposes Double Tax Relief Improvements For Foreign Investors

by Ulrika Lomas,, Brussels

Monday, December 11, 2017

On December 11, the European Commission released new guidelines on withholding taxes to help member states to reduce costs and simplify procedures for cross-border investors in the EU. Read Full Story


Austria Referred To ECJ Over VAT On Art Resales

by Ulrika Lomas,, Brussels

Friday, December 8, 2017

The European Commission has said that Austria is incorrectly applying VAT to royalty payments paid to artists for the resale of works of art. Read Full Story


Hong Kong Ready To Apply Three Double Tax Pacts

by Mary Swire,, Hong Kong

Wednesday, December 6, 2017

Hong Kong has announced that its new double tax agreement with Belarus entered into force on November 30, following the recent entry into force also of new deals with Pakistan and Latvia. Read Full Story


UK Releases Guidance On Royalties WHT Proposal

by Jason Gorringe,, London

Tuesday, December 5, 2017

The UK Government has released a consultation on the royalty withholding tax targeting digital firms announced in the UK's most recent Budget. Read Full Story


IMF Calls For Tax Hikes In Trinidad And Tobago

by Mike Godfrey,, Washington

Tuesday, November 28, 2017

The International Monetary Fund has said Trinidad and Tobago needs to further hike taxes. Read Full Story


Swiss Gov't Agrees Double Tax Avoidance Deal With Kosovo

by Ulrika Lomas,, Brussels

Thursday, November 16, 2017

The Swiss Federal Council has adopted a dispatch on the implementation of a new double tax agreement with Kosovo. Read Full Story


France's Le Maire Calls For Tax Haven Sanctions

by Ulrika Lomas,, 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


African Countries' Tax Bases Expanding, New Report Says

by Lorys Charalambous,, Cyprus

Wednesday, October 18, 2017

African countries are steadily improving their tax revenue collections, according to Revenue Statistics in Africa 2017, a new report released recently at a meeting of tax and finance officials from 21 African countries. Read Full Story



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