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tax reform News

Australia Tightening Tax Consolidation Regime

by Mary Swire,, Hong Kong

Thursday, February 15, 2018

The Australian Government is legislating to close loopholes in the tax consolidation regime. Read Full Story


Global Energy Tax Regimes Falling Severely Short: OECD

by Ulrika Lomas,, Brussels

Wednesday, February 14, 2018

The OECD has released a new report analyzing energy use and tax regimes in 42 countries, which make up 80 percent of global energy use. The report calls on governments to adopt more effective use of taxes to cut harmful emissions from energy use. Read Full Story


Trump Announces Rettig To Lead IRS

by Mike Godfrey,, Washington

Wednesday, February 14, 2018

US President Donald Trump has announced his intent to nominate tax lawyer Charles P Rettig as Commissioner of the Internal Revenue Service for the remainder of a term of five years beginning on November 13, 2017. Read Full Story


Morrison Continues Australian Corporate Tax Cut Push

by Mary Swire,, Hong Kong

Tuesday, February 13, 2018

It does not "make any sense" to keep Australia's business taxes high, Treasurer Scott Morrison has said. Read Full Story


China 'Has Slashed Business Taxes By CNY2.5tn Since 2012'

Mary Swire,, Hong Kong

Tuesday, February 6, 2018

The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012. Read Full Story


Japan's Cabinet Endorses Tax Reform Plans

by Mary Swire,, Hong Kong

Monday, February 5, 2018

Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate. Read Full Story


Switzerland Pushing Forward With New Tax Proposals

by Ulrika Lomas,, Brussels

Friday, February 2, 2018

The Swiss Federal Council has agreed on the outline of the new tax reform package that will be presented to Parliament next month. Read Full Story


US Taxpayers Warming To Tax Reforms: Poll

Mike Godfrey,, Washington

Friday, February 2, 2018

New poll results from the independent Monmouth University Polling Institute show that support for the new tax plan has increased significantly since December 2017, with attitudes towards President Trump also improving as a result. Read Full Story


More US Firms Announce Investments After Tax Cuts

Mike Godfrey,, Washington

Wednesday, January 31, 2018

One month after the US slashed its corporate tax rate to 21 percent, 287 companies have announced wage hikes or plans to expand their investments in the US, according to Americans for Tax Reform. Read Full Story


US States Rally Against New SALT Deduction Cap

Mike Godfrey,, Washington

Monday, January 29, 2018

New York, New Jersey, and Connecticut have launched a coalition to sue the federal government to challenge provisions in the Tax Cuts and Jobs Act that eliminate full state and local tax deductibility. Read Full Story



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