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International Tax »

Luxembourg's E-Commerce VAT Revenues Plunge

Value-added tax revenues from e-commerce activities in Luxembourg have declined sharply in the wake of European Union measures to reduce VAT competition in the EU. Continue Reading »

International Law »

UK Minister Downplays Impact Of Potential EU-UK FTA Void

UK Trade Secretary Liam Fox has said that securing a post-Brexit free trade agreement with the EU should be a simple matter but added that the country could "survive" without one. Continue Reading »

Politics & Economics »

Seychelles Expected To Announce SME Tax Cuts In Budget

Government ministers from the Seychelles have met with local businesses to discuss reforming and potentially enhancing the tax incentives for businesses and in particular SMEs. Continue Reading »

Offshore »

Australia Improves Financial Services Tax Regime

The Australian Government has moved to clarify the tax treatment of foreign investors, following concerns over the practical operation of the Investment Manager Regime and the new tax system for managed investment trusts. Continue Reading »

Business »

New Zealand Inland Revenue Delays Restructuring

New Zealand's Inland Revenue has delayed the implementation date for plans to restructure its front-line services to February 12 from January 1, 2018. Continue Reading »

E-Commerce »

ATO Says Compliance Rates High Among Larger Firms

The Australian Taxation Office estimates that the corporate tax gap for large businesses is around six percent, according to Commissioner Chris Jordan. Continue Reading »

Aviation »

EU Approves Irish Air Tax Exemption

The European Commission has concluded that an exemption for transfer and transit passengers from the Irish air travel tax was in line with EU state aid rules. Continue Reading »

Marine »

Greek Shipowners Agree Extra Tax Payments

The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government. Continue Reading »

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