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International Tax »

Global Tax Policies Shifting From Austerity To Growth

While fiscal consolidation was the key driver of tax reforms in the years following the global economic crisis, the main emphasis of recent tax reforms has shifted back to tax measures aimed at boosting economic growth, according to a new OECD report. Continue Reading »

International Law »

US Senate Progresses Pension Reforms

The US Senate Finance Committee has unanimously approved the markup of a bipartisan bill – the Retirement Enhancement and Savings Act of 2016 – that would make several changes to retirement tax provisions. Continue Reading »


Politics & Economics »

Noonan Says Ireland Cannot Phase Out USC On Schedule

It is not possible to phase out the Universal Social Charge entirely over the next three years, Irish Finance Minister Michael Noonan has said. Continue Reading »

Offshore »

EU To Create List Of Non-Cooperative Tax Jurisdictions

The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. Continue Reading »


Business »

New Property Tax Hits Foreign Investment In Vancouver

Overseas buyers rushed to complete real estate transactions in British Columbia ahead of the introduction in August of an additional property tax in the Greater Vancouver area, according to the latest Government statistics. Continue Reading »

E-Commerce »

EU: VAT Reform Vital To Fix EUR160bn VAT Gap

The European Commission has said new figures revealing that the value-added tax gap was EUR160bn in 2014 demonstrates the need for member states to get behind its proposals for far-reaching EU VAT rule reform. Continue Reading »


Aviation »

Airlines Call For Abolition Of UK APD

Trade association Airlines for Europe has called on the UK Government to abolish Air Passenger Duty, to boost economic output by 1.7 percent and create 61,000 new jobs by 2020. Continue Reading »

Marine »

Hong Kong, Russia DTA Enters Into Force

The comprehensive double taxation agreement between Hong Kong and Russia, which was signed in January this year, entered into force on July 29, 2016, and will be in effect in Hong Kong for any year of assessment beginning on or after April 1, 2017. Continue Reading »

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