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International Tax »

Indian Court Allows Mauritius Treaty Benefits For Appellant

Rejecting "treaty shopping" claims, India's High Court of Punjab and Haryana has ruled that India should not tax capital gains from the sale by Mauritian entities of shares held in an Indian company if they are proven resident in Mauritius. Continue Reading »

International Law »

EC Consults On Alcohol Excise Duties

The European Commission has launched a public consultation to assess whether some of the tax rules for alcoholic beverages could be changed to combat tax fraud and reduce the sale of counterfeit alcohol. Continue Reading »


Politics & Economics »

NZ Consults On Property Withholding Tax For Offshore Sellers

New Zealand on August 31, 2015, launched a public consultation on the Government's proposed residential land withholding tax. Continue Reading »

Offshore »

Oz Assistant Treasurer Optimistic On Tax Reform

"Tax reform is a key part of the Government's policy agenda to build jobs, growth, and opportunity," Australia's Assistant Treasurer, Josh Frydenberg has said. Continue Reading »


Business »

SARS Issues Revised Individual Income Tax Guide

The South African Revenue Service has issued an updated version of its Guide on Income Tax and the Individual to inform South African residents of their income tax obligations. Continue Reading »

E-Commerce »

Australian Treasurers Agree On GST Reform

Australia's federal, state, and territory treasurers have agreed to broaden the goods and services tax (GST) to cover overseas online transactions under AUD1,000 (USD732) but they failed to reach a consensus on removing the GST from feminine hygiene products. Continue Reading »


Aviation »

Australian Report Confirms Post-Carbon Tax Savings

Australian households are saving an average of AUD550 (USD403) a year following the repeal of the carbon tax, the Australian Competition and Consumer Commission has confirmed. Continue Reading »

Marine »

Indonesia To Offer Tax Holidays To More Industries

The Indonesian Government has announced its intention to amend regulations to extend the list of "pioneer" industries able to take advantage of tax holidays. Continue Reading »

World Budget News and Information

 

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