trusts News
Australia Announces Tax Breaks For Affordable Housing Investments
by Mary Swire, Tax-News.com, Hong Kong
Friday, September 15, 2017
The Australian Government has announced that it will introduce a 60 percent capital gains tax discount for investors in affordable rental housing. Read Full Story
South African Finance Minister Reflects On Tax Policy
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, September 12, 2017
South African Finance Minister Malusi Gigaba said the Government is focused on closing avenues for tax avoidance and evasion while boosting accountability about how revenue is spent. Read Full Story
Western Australia To Introduce Foreign Buyer Tax
by Mary Swire, Tax-News.com, Hong Kong
Thursday, September 7, 2017
The Western Australian Government has said that it will introduce a four percent foreign buyers surcharge, following the announcement of similar measures in other states. Read Full Story
Aus Treasurer Attacks Opposition Tax Policies
by Mary Swire, Tax-News.com, Hong Kong
Thursday, August 31, 2017
Australian Treasurer Scott Morrison has said that the Labor Party would introduce uncompetitive tax rates that would increase the annual tax burden on the economy by AUD31bn (USD24.5bn). Read Full Story
Ireland Found 'Compliant' With Tax Transparency Standards
by Jason Gorringe, Tax-news.com, London
Wednesday, August 23, 2017
The OECD has rated Ireland compliant with international standards on tax transparency. Read Full Story
South Africa Legislates For Budget Tax Changes
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, July 20, 2017
The South African Revenue Services and the National Treasury on July 19 released for public comment draft legislation that would give effect to the tax proposals announced in the February Budget. Read Full Story
Australia Improves Financial Services Tax Regime
by Mary Swire, Tax-news.com, Hong Kong
Wednesday, July 19, 2017
The Australian Government has moved to clarify the tax treatment of foreign investors, following concerns over the practical operation of the Investment Manager Regime and the new tax system for managed investment trusts. Read Full Story
Jersey Proposes Infrastructure Levy
by Amanda Banks, Tax-News.com, London
Friday, June 23, 2017
Jersey is consulting on the introduction of a land development charge, to be called the Jersey Infrastructure Levy. Read Full Story
NZ Foreign Trust Numbers Expected To Fall
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, June 27, 2017
Fewer than 70 out of 11,645 New Zealand foreign trusts have reregistered following the introduction of tougher disclosure and eligibility requirements, with only three weeks left to go before the final deadline. Read Full Story
Abu Dhabi Tax-Free Zone To Launch Foundations
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, June 2, 2017
Abu Dhabi Global Market, the low-tax international financial center, is seeking feedback on its proposal to allow the formation of "foundations," a trust-like entity widely used in civil law jurisdictions. Read Full Story
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