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tax reform News




OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

 


Only Tax-Compliant Firms To Be Allowed Australian Gov't Contracts

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

Friday, November 23, 2018

Australia is to require businesses seeking to tender for significant federal government procurement contracts to demonstrate their record of tax compliance. Read Full Story

 


Switzerland Gearing Up For Corporate Tax Changes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 16, 2018

The Swiss Government has announced that, in preparation for a major overhaul of the tax system, existing practices on the taxation of principal companies and finance branches will not be applied to new companies as of 2019. Read Full Story

 


Australia Consults On Tax Implications Of Insurance Law Reform

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

Friday, November 16, 2018

The Australian Government is consulting on the tax implications of a new accounting standard for insurance contracts. Read Full Story

 


No Agreement Yet On EU Digital Services Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 9, 2018

European Finance Ministers have failed to reach an agreement on the EU's proposed digital services tax, following opposition from some member states. Read Full Story

 


Switzerland Notes Upcoming Tax Changes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 2, 2018

The Swiss Federal Tax Administration has published a list of changes to the tax system that will take effect over the period 2019-2021. Read Full Story

 


Australian SME Tax Cuts Now Law

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

Monday, October 29, 2018

Legislation to reduce Australia's small business tax rate received Royal Assent on October 25. Read Full Story

 


Canada To Push Ahead With Carbon Tax Plans

by Mike Godfrey, Tax-News.com, Washington

Monday, October 29, 2018

Canada's federal Government has announced that it will impose a carbon price in Ontario, New Brunswick, Manitoba, and Saskatchewan in 2019. Read Full Story

 


Australia To Improve Division 7A Tax Rules For Shareholders

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

Friday, October 26, 2018

The Australian Government is to simplify taxpayers' compliance with rules designed to prevent shareholders from using private company profits without paying tax at their marginal rates. Read Full Story

 


Icelandic Budget Proposes Income Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 13, 2018

Iceland's 2019 Budget includes proposals to increase the personal deduction and index income tax thresholds to the consumer price index. Read Full Story

 

 

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