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tax reform News




OECD's Action 5 BEPS Work Producing 'Tangible Results'

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 2 hours ago | Wednesday, October 18, 2017

Countries have made substantial progress in ensuring that their preferential tax regimes do not give rise to base erosion and profit shifting issues, according to the OECD's new peer review report under Action 5 of the BEPS Action Plan. Read Full Story

 


Portugal Plans Tax On Salty Foods

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 2 hours ago | Wednesday, October 18, 2017

Portugal has announced plans to introduce a tax on salty foods to raise funds for health-related spending. Read Full Story

 


UK Should Require More Tax From Self-Employed: OECD

by Amanda Banks, Tax-News.com, London

Last updated 2 hours ago | Wednesday, October 18, 2017

The UK Government should revive its abandoned plan to increase National Insurance contributions (social security tax) for the self-employed, says the OECD in a new report. Read Full Story

 


A Steady Income Taxed Less In Canada

by Mike Godfrey, Tax-News.com, Washington

Last updated 2 hours ago | Wednesday, October 18, 2017

A new report has claimed that Canadians whose incomes are irregular or fluctuate year-by-year face a greater tax burden than those with steady incomes. Read Full Story

 


Canadian Gov't Commits To SME Tax Cut

by Mike Godfrey, Tax-News.com, Washington

Last updated 25 hours ago | Tuesday, October 17, 2017

The Canadian Government has announced plans to lower the small business tax rate and has signalled its intention to amend its controversial reforms to tax planning rules. Read Full Story

 


Aus Gov't Hails Success Of Asset Write Off Program

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

Last updated 25 hours ago | Tuesday, October 17, 2017

Nearly 300,000 Australian small businesses have taken advantage of the Government's instant asset write-off scheme, according to Small Business Minister Michael McCormack. Read Full Story

 


OECD's Gurria Calls For Collective Action On Digital Taxation

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 25 hours ago | Tuesday, October 17, 2017

OECD Secretary-General Angel Gurria has called for a collective effort on the design of temporary, short-term measures to tackle the international tax challenges of the digital economy. Read Full Story

 


BCA: Aus Company Tax Rate Damaging Competitiveness

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

Monday, October 16, 2017

Australia could soon have the third highest company tax rate in the developed world, the Business Council of Australia has said. Read Full Story

 


Irish Farmers Criticize Stamp Duty Change

by Jason Gorringe, Tax-News.com, London

Monday, October 16, 2017

The Irish Government's plan to increase stamp duty on non-residential property transactions has been criticized by farmers' associations. Read Full Story

 


IMF Recommends Higher Income Taxes For Wealthy

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 16, 2017

Governments should consider effective fiscal policies to address wealth imbalances, the IMF says, noting in a new report how the top personal income tax rates in OECD countries have declined from an average of 62 percent in 1981 to 35 percent in 2015. Read Full Story

 

 

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