services News
New Zealand's Tax Reform Consultation Ends This Week
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, April 24, 2018
New Zealand is to soon begin formulating new tax reform measures, aimed at improving the balance and fairness of the tax regime, based on the feedback to a public consultation that ends April 30. Read Full Story
Guernsey Regulator Releases Stock Market Integrity Code
by Jason Gorringe, Tax-News.com, London
Thursday, April 19, 2018
Guernsey's financial services regulator, the Guernsey Financial Services Commission, has released a draft code on market conduct standards focusing on behavior it considers amounts to market abuse. Read Full Story
Australia Urged To Resist Tax 'Race To Bottom'
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 19, 2018
An open letter organized by The Australia Institute has urged the Australian Government not to join a race to the bottom on tax and to instead focus on tackling tax avoidance and tax loopholes. Read Full Story
New Zealand Confirms Virtual Currencies Are Property For Tax Purposes
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 19, 2018
New Zealand has joined a number of territories in confirming this month that virtual currency transactions are taxable as property, in new guidance that was issued at the beginning of the month. Read Full Story
Poland Draws Fire For 'Draconian' Virtual Currency Tax Policy
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, April 17, 2018
A petition has been started in Poland in protest at the Government's new transaction tax on cryptocurrency trading, which is expected to be applied retrospectively. Read Full Story
New Zealand Defers New Insurance Tax
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 12, 2018
New Zealand has deferred the introduction of a new tax on insurance contracts, which is proposed to be introduced to fund emergency services in the country. Read Full Story
Pakistan Tax Authority Issues Audit Hit List
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 12, 2018
Pakistan's Federal Board of Revenue has released the financial and compliance parameters it intends to use to select taxpayers for audit for the 2016 tax year. Read Full Story
Global Tax, Trade Policies Could Dent Ireland's Growth Potential
by Jason Gorringe, Tax-News.com, London
Tuesday, April 17, 2018
The Central Bank of Ireland has identified the changing global tax and trade landscapes and Brexit as potential risks for Ireland's economy. Read Full Story
India To Expand GST E-Way Bill Pilot
by Mary Swire, Tax-News.com, Hong Kong
Thursday, April 12, 2018
The Indian Government has provided an update on the roll-out of the e-Way Bill system, which was introduced on April 1, 2018, confirming it will be extended to another five states from April 15, 2018. Read Full Story
Czech Republic Considering Expanding Scope Of VAT Reduced Rate
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, April 12, 2018
Czech lawmakers are considering an amendment to the VAT Act put forward by the Czech Ministry of Finance to significantly expand the scope of the value-added tax reduced rate. Read Full Story
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