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International Tax »

Portuguese Budget Receives Cautious EU Nod

The European Commission has said that revisions to Portugal's draft Budget for 2016 will better enable it to meet deficit reduction goals, although it is of the view that Portugal remains "at risk" of non-compliance with EU fiscal rules. Continue Reading »

International Law »

President Obama's Budget To Include New Oil Tax

President Barack Obama has indicated that he will propose a new tax on oil to finance infrastructural investments in the United States, as part of his last federal Budget plan for the 2017 fiscal year. Continue Reading »

Politics & Economics »

Tax Relief 'Revived' UK Games Tax Industry

Video Games Tax Relief "has played a key part in reviving the UK video games industry," according to Richard Wilson, Chief Executive of industry body TIGA. Continue Reading »

Offshore »

HK Again Ranked As Freest Economy, US's Score Falls

For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in The Heritage Foundation's Index of Economic Freedom, while the score achieved by the United States has fallen again. Continue Reading »

Business »

Think Tank Proposes UK Property CGT

The National Institute of Economic and Social Research has called for the introduction of a capital gains tax on UK properties and said the revenue raised could be offset by scrapping stamp duty. Continue Reading »

E-Commerce »

Indian IT Body Seeks Tax Breaks For Start-Ups

The National Association of Software and Services Companies has urged the Indian Finance Minister to exempt start-ups from direct and indirect taxes, including the minimum alternate tax. Continue Reading »

Aviation »

EU And Swiss Agree To Link Emissions Trading Schemes

Switzerland and the European Union have concluded negotiations on the proposed linking of their emissions trading schemes. Continue Reading »

Marine »

Netherlands Defends 'Unlawful' Port Tax Breaks

The Dutch Cabinet has said that it is "disappointed" with the decision of the European Commission to strike down a corporate tax exemption for publicly owned seaports in the Netherlands. Continue Reading »

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