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IMF Urges US To Hike Indirect Taxes

by Mike Godfrey, Tax-News.com, Washington

Friday, July 6, 2018

The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases. Read Full Story

 


Australian Tax Changes Effective From July 1

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

Friday, July 6, 2018

The Australian Government has set out the numerous changes made to the tax system on July 1 and launched a consultation on new tax rules for "stapled structures." Read Full Story

 


Australian Gov't Delays Company Tax Vote

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

Sunday, July 1, 2018

The Australian Government is to postpone a Senate vote on its company tax cuts until after July's by-elections. Read Full Story

 


Surveys Suggest Taxpayers Satisfied With TCJA, Says Hatch

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 5, 2018

Both large and small businesses in the United States expect the measures included in the recently enacted tax reform legislation, the Tax Cuts and Jobs Act of 2017, to have a positive effect on their operations, according to Senate Finance Committee Chairman Orrin Hatch. Read Full Story

 


Australia Planning June Vote On Corporate Tax Cut Package

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

Monday, May 28, 2018

The Australian Government will put its company tax reforms before the Senate in June, with the aim of securing a vote by the 28th. Read Full Story

 


US CPAs Recommend Easing Tax Rules On Partners Of Audited Firms

by Mike Godfrey, Tax-News.com, Washington

Tuesday, May 22, 2018

The American Institute of Certified Public Accountants has recommended that proposed regulations regarding the Centralized Partnership Audit Regime should provide "maximum flexibility" in adjusting the tax attributes of an audited partnership and its partners. Read Full Story

 


Think Tank Argues Against UK 'Robot Tax'

by Jason Gorringe, Tax-News.com, London

Tuesday, May 29, 2018

In a new report, the Institute of Economic Affairs in the UK has argued against the need for the UK to introduce a so-called "robot tax," on profits from automation. Read Full Story

 


Australia Budget Cuts Personal Income Tax

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

Friday, May 11, 2018

In addition to extending an increased expensing limit for small firms, reforming the research and development tax incentive, and committing to further corporate tax cuts, the Australian Government has announced significant personal income tax relief in what is expected to be the last Budget before elections. Read Full Story

 


EU May Simplify VAT Rules For SMEs Earlier, Starting 2020

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 11, 2018

The EU's Committee on Economic and Monetary Affairs has recommended that the implementation of proposals to significantly simplify value-added tax compliance obligations for small and medium enterprises should be brought forward to the beginning of 2020. Read Full Story

 


New Zealand Consults On Imposing GST On Low-Value Imports

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

Thursday, May 3, 2018

New Zealand has launched a consultation on proposals to charge goods and services tax on consignments worth less than NZD400, which currently benefit from a tax exemption for low-value imports, from October 1, 2019. Read Full Story

 

 

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