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International Tax »

EU MEPs Discuss New Corporate Tax Reform Plans

Unfair tax competition has the potential to distort competition between companies and could lead to a "race to the bottom," warned Members of the European Parliament (MEPs) during a recent debate with Taxation Commissioner Pierre Moscovici. Continue Reading »

International Law »

Chinese Taxes To Be Legislation-Based by 2020

The Standing Committee of the National People's Congress has stated that, by 2020, all of China's taxes are expected to be based in legislation, rather than being imposed through government regulations from the State Council. Continue Reading »

Politics & Economics »

Mauritius Supports SMEs In Latest Budget

The Mauritian Minister of Finance and Economic Development, Seetanah Lutchmeenaraidoo, has announced tax breaks for small and medium enterprises in the territory's latest Budget. Continue Reading »

Offshore »

New Zealand Seeks To Tax Online Sales

The New Zealand Government is exploring the possibility of applying the goods and services tax to online purchases, according to Revenue Minister Todd McClay. Continue Reading »

Business »

US Accountants Look For Income Tax Simplification

The American Institute of Certified Public Accountants has submitted suggestions to the US Senate Finance Committee Working Group on individual tax reform. Continue Reading »

E-Commerce »

US Internet Sales Tax Bill Reintroduced In Congress

A bipartisan group of US Senators has re-introduced the Marketplace Fairness Act, which would give states the option of levying sales taxes on internet transactions. Continue Reading »

Aviation »

UK Air Tax 'Holding Smaller Airports Back'

The Air Passenger Duty is the principal threat to the UK's smaller airports, according to a new report by the Commons Transport Committee. Continue Reading »

Marine »

Singapore Extends Maritime Tax Incentives

In his 2015 budget speech, Singapore's Finance Minister, Tharman Shanmugaratnam, announced support for Singapore as an international maritime hub by extending the Maritime Sector Incentive. Continue Reading »

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