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Australian CEOs Urge Lawmakers To Approve Tax Cuts

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

Last updated 31 hours ago | Tuesday, November 21, 2017

Four out of five Australian CEOs have said that their companies would increase investment spending if the company tax rate was reduced to 25 percent, according to a new survey by the Business Council of Australia. Read Full Story

 


Deloitte Concerned By Australian Bracket Creep

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

Wednesday, November 15, 2017

Deloitte has described Australia's problem with bracket creep as an "ungainly and unfair way to raise taxes." Read Full Story

 


Canada Announces Cannabis Tax Plans

by Mike Godfrey, Tax-News.com, Washington

Monday, November 13, 2017

The Canadian Government has launched a consultation on a proposed excise duty framework for cannabis products. Read Full Story

 


ATO Amends Reporting Rules For SMSFs

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

Thursday, November 9, 2017

The Australian Taxation Office has released further details of its plans to introduce event-based reporting for self-managed superannuation funds. Read Full Story

 


Aus Treasury Concerned By US Corporate Tax Cuts

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

Thursday, November 9, 2017

The Australian Treasury has released a paper that considers the implications of proposed reforms to the US corporate tax system, and which warns that Australia's GDP and real wages could be affected by the changes. Read Full Story

 


Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings

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

Wednesday, November 8, 2017

Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices. Read Full Story

 


Morrison Continues To Press For Aus CIT Cut

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

Friday, November 3, 2017

Australia risks being "marooned" on its own "tax island" if it fails to cut its company tax rate, Treasurer Scott Morrison has said. Read Full Story

 


Don't Expect Much From The UK's Budget, IFS Says

by Jason Gorringe, Tax-News.com, London

Thursday, November 2, 2017

The Institute for Fiscal Studies, a UK think tank, has suggested that it will be impossible for the UK Chancellor to gain support for significant tax rises that might be necessary to bring the budget into balance by the mid 2020s. Read Full Story

 


Canada's Manitoba Announces Low Carbon Tax Policy

by Mike Godfrey, Tax-News.com, Washington

Wednesday, November 1, 2017

The Government of the Canadian province Manitoba has announced plans for a CAD25 (USD19) per tonne carbon tax, to be introduced in 2018. Read Full Story

 


ATO Reinstates Tax Deductions For Truck Drivers

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

Monday, October 30, 2017

The Australian Taxation Office has announced that it has reinstated the meal-by-meal approach for truck drivers who claim travel expenses for meals. Read Full Story

 

 

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