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South Korea is to hike the capital gains tax rate paid by those acquiring more than one property. Read Full Story
The Canada Revenue Agency has said that audits it undertook between April 2015 and March 2017 of real estate transactions resulted in more than CAD329.4m (USD249.2m) in assessed income that had not been reported. Read Full Story
The Ontario Government will introduce a 15 percent Non-Resident Speculation Tax on purchases of residential property in the Greater Golden Horseshoe region. Read Full Story
China's Ministry of Commerce has spoken out over trade protectionism in the steel industry, following a European Commission anti-dumping duty decision on hot-rolled sheet imported from China. Read Full Story
The European Commission's proposal for a common consolidated corporate tax base is "not acceptable to Ireland," Irish Finance Minister Michael Noonan has said. Read Full Story
Vietnam is considering levying a tax on those with more than one property, to free up housing supply and safeguard against the market overheating, the state news agency said. Read Full Story
The UK Government has published further details of its proposal to amend the inheritance tax rules for non-domiciled individuals. Read Full Story
June 23rd, 2016, whether for good or for ill, will go down in history as the day on which the European Union became less united, setting in train an as-yet-uncertain, although widely speculated upon, sequence of events. Read Full Story
The International Monetary Fund has said that in order to establish the right rules for the taxation of virtual currencies, further analysis and discussion is needed at international level and thereafter consistent international legal and regulatory policies. Read Full Story
Taiwan's legislature has approved government plans to introduce a new capital gains tax with a top rate of 45 percent to curb property market speculation and surging real estate prices. Read Full Story
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