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tax incentives News

Philippines Commits To 25 Percent Corporate Tax Rate

by Mary Swire,, Hong Kong

Wednesday, January 10, 2018

The Philippines Department of Finance has said the country will look to install a 25 percent corporate income tax rate on a broader base as part of the second phase of its tax reform process. Read Full Story


Indonesia Aiming To Improve Lackluster Tax Take In 2018

by Mary Swire,, Hong Kong

Thursday, January 4, 2018

Despite failing to achieve revenue collection targets last year, the Indonesian Government has set an ambitious goal for 2018 of boosting collections by 20 percent. Read Full Story


South Korea Sets Out This Year's Tax Policy Direction

by Mary Swire,, Hong Kong

Tuesday, January 2, 2018

The South Korean Government has indicated that it will seek to enhance certain business tax incentives in 2018 and review property taxation. Read Full Story


Nearly 12,000 Apply For Irish Help-To-Buy Incentive

by Jason Gorringe,, London

Thursday, December 28, 2017

Nearly 12,000 applications have been made to Ireland's Help-to-Buy tax incentive scheme for first-time buyers. Read Full Story


EU Reports On States' Tax Reforms In 2017

by Ulrika Lomas,, Brussels

Wednesday, December 27, 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year. Read Full Story


EU Approves Irish SME Share Scheme

by Jason Gorringe,, London

Wednesday, December 20, 2017

The European Commission has approved an Irish tax incentive for employee share schemes offered by SMEs – the Key Employee Engagement Programme (KEEP). Read Full Story


Hong Kong Touts Tax Perks In Shanghai

by Mary Swire,, Hong Kong

Tuesday, December 19, 2017

Invest Hong Kong, Hong Kong's inward investment agency, has encouraged Mainland Chinese companies to make use of new tax incentives in Hong Kong. Read Full Story


Canadian Forges Ahead With Income Sprinkling Changes

by Mike Godfrey,, Washington

Friday, December 15, 2017

The Canadian Government has published details of its plans to restrict the use of income sprinkling by private corporations, clarifying how the "significant contribution" of a family member to a business will be determined. Read Full Story


Barbados To Challenge 'Unfair' Inclusion On EU Tax Blacklist

by Mike Godfrey,, Washington

Tuesday, December 12, 2017

Barbados's Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, says the island is seeking an urgent review of its recent tax "blacklisting" by the European Council, and has provided further background explaining why its placement on the list is unfair. Read Full Story


Australian Parliament Passes Property Tax Reforms

by Mary Swire,, Hong Kong

Tuesday, December 12, 2017

The Australian Parliament has passed property tax incentives for first-time buyers and for those looking to downsize. Read Full Story



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