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withholding tax News

Ireland's Donohoe Concerned By Latest EU Tax Moves

by Jason Gorringe,, London

Last updated 2 hours ago | Monday, September 25, 2017

Irish Finance Minister Paschal Donohoe has warned that the imposition by the EU of separate tax rules for the digital economy risks double taxation and greater uncertainty. Read Full Story


EU Unveils Proposals On Digital Taxation

by Ulrika Lomas,, Brussels

Friday, September 22, 2017

The European Commission has published its vision for the "fair taxation" of the digital economy, with options including a new EU equalization tax on the turnover of digitalized companies. Read Full Story


Switzerland Consulting On WHT Reforms

by Ulrika Lomas,, Brussels

Friday, September 22, 2017

The Swiss Federal Department of Finance is consulting on proposals to amend the Withholding Tax Ordinance, to more clearly define the rules for non-resident taxpayers. Read Full Story


Australia Announces Tax Breaks For Affordable Housing Investments

by Mary Swire,, 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


Japan, Russia Agree New Double Tax Pact

by Mary Swire,, Hong Kong

Wednesday, September 13, 2017

The governments of Japan and Russia signed a new convention on the elimination of double taxation on September 7. Read Full Story


Taiwan Announces Radical Income Tax Reforms

by Mary Swire,, Hong Kong

Monday, September 11, 2017

Taiwan has announced plans to hike corporate tax, increase individual income tax relief, and hike withholding tax on dividend payments to non-residents. Read Full Story


South Africa-Cameroon DTA In Force

by Lorys Charalambous,, Cyprus

Wednesday, September 6, 2017

The South African Revenue Service announced on September 1 that the double tax agreement signed with Cameroon in February 2015 had entered into force. Read Full Story


Switzerland, Zambia Sign DTA

by Ulrika Lomas,, Brussels

Wednesday, August 30, 2017

Switzerland and Zambia have signed a new double taxation agreement which sets maximum withholding tax rates for dividends and interest. Read Full Story


Brazil Announces New WHT Rates For Non-Res Capital Gains

by Glen Shapiro,, Washington

Wednesday, August 30, 2017

Brazil on August 25, 2017, published Normative Instruction RFB no. 1732 in the Official Gazette, introducing new income withholding tax rates on income from the sale of assets or rights located in Brazil by a legal entity domiciled overseas. Read Full Story


Saudi Arabia And Hong Kong Sign DTA

by Mary Swire,, Hong Kong

Friday, August 25, 2017

Hong Kong and Saudi Arabia have signed a comprehensive agreement for the avoidance of double taxation. Read Full Story



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