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International Tax »

Germany's Tax Income Continues To Rise

Germany's tax revenue increased 4.7 percent year-on-year in September 2014, according to data from the Ministry of Finance. Continue Reading »

International Law »

Italian Voluntary Disclosure Law Passes First Parliamentary Hurdle

By the wide margin of a 250-76 vote on October 16, the Chamber of Deputies of the Italian Parliament passed the decree law that would introduce a voluntary disclosure program with the aim of persuading taxpayers to declare undisclosed assets and funds, held abroad or in Italy. Continue Reading »


Politics & Economics »

Italian Cabinet Approves 2015 Tax Cuts

The Italian Cabinet approved on October 15, 2014, the Government's Budget for 2015, which contains EUR18bn (USD23bn) in tax cuts. Continue Reading »

Offshore »

Noonan Asserts Ireland's Direction On Tax Policy

"The issue of substance and taxation is, and always will be, a core column of the Irish taxation system," Michael Noonan, Ireland's Finance Minister, said at his Department's Tax Policy Conference on October 21, 2014, underscoring that Ireland's strategy is to play fair but play to win. Continue Reading »


Business »

OECD Enters French Tax Reform Debate

The Organisation for Economic Cooperation and Development has recommended a number of direct tax reforms to build on the French Government's efforts to improve the nation's competitiveness in Europe. Continue Reading »

E-Commerce »

Short-term Extension For US Internet Tax Moratorium

The United States House of Representatives and the Senate have agreed a short-term extension to the Internet Tax Freedom Act until December 11, 2014. Continue Reading »


Aviation »

Taiwanese Special Scheme For Foreign Firms Time Limited

The Ministry of Finance has reminded foreign companies engaged in certain industries in Taiwan that there is a time limit on the availability of the percentage expenses deduction allowed under Article 25 of the country's Income Tax Act. Continue Reading »

Marine »

Canada, South Korea Sign Landmark Free Trade Deal

Nine years after negotiations began, Canada and South Korea have signed a free trade agreement that will eliminate duties on nearly all tariff lines. Continue Reading »

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