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International Tax »

European Central Bank Questions Austerity Policies

A new European Central Bank report has concluded that attempts by Euro area governments to reduce public debt by increasing taxation are usually self-defeating. Continue Reading »

International Law »

UK Chamber Backs Action On MNE Tax Avoidance

Amid ongoing debate in the UK on "corporate tax deals," the British Chamber of Commerce has said the UK needs to comprehensively simplify business tax rules and eliminate loopholes that are exploited in aggressive tax avoidance schemes. Continue Reading »


Politics & Economics »

IRS Needs To Improve FUTA Processing

The US Internal Revenue Service needs to have better processes in place to ensure the accuracy of Federal Unemployment Tax Act credit claims, according to a report from the Treasury Inspector General for Tax Administration. 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 »

Indonesia Unveils Tax Strategy For 2016

Indonesia's Finance Minister, Bambang Brodjonegoro, has revealed details of the tax measures contained in the Government's 2016 Economic Policy Plan. 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 »

Singapore Tables GST Act Amendments

The Goods and Services Tax (Amendment) Bill has been tabled before Singapore's Parliament. It includes provisions concerning the GST treatment of cross-border aviation services and a new penalty for those who abuse the GST refund scheme for tourists. 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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