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International Tax »

Commission To Probe All EU Advance Tax Rulings

The European Commission has announced that its ongoing inquiry into advance tax rulings will be expanded to cover all European Union member states. Continue Reading »

International Law »

UK Gov't Paper Released On English Tax Powers

The UK Government has published a Command Paper on the implications of tax devolution for England, as part of a review of tax policy-setting powers for the territories of the UK. Continue Reading »

Politics & Economics »

Colombia's Congress Approves Tax Reforms

Colombia's House of Representatives, the lower house of Congress, approved a bill containing a number of tax regime changes on December 15, 2014. Continue Reading »

Offshore »

Seychelles Budget Increases Taxes To Attain Debt Target

In his 2015 Budget Speech on December 15, Seychelles Minister for Finance, Trade, and Investment Pierre Laporte has had to announce further tax-raising measures, so as to ensure future fiscal sustainability. Continue Reading »

Business »

World Bank Head Pushes Carbon Tax Policies

The President of the World Bank Group, Jim Yong Kim, has said that all countries should commit to placing a price on carbon emissions to prevent global warming from reaching dangerous levels. Continue Reading »

E-Commerce »

States Lose Patience Over US Internet Sales Tax

The National Conference of State Legislatures has sent a letter to House of Representatives Speaker John Boehner, expressing its "disappointment and frustration" with his announcement ruling out passage of the Marketplace Fairness Act during the current lame-duck session in the US Congress. Continue Reading »

Aviation »

China Hikes Fuel Taxes, Cuts Retail Prices

While China's Ministry of Finance and State Administration of Taxation decided to increase consumption tax rates on fuel products with effect from December 13, the National Development and Reform Commission had already announced reduced gasoline and diesel retail prices. Continue Reading »

Marine »

Norway's Commission Recommends Corporate Tax Rate Cut

The Tax Commission, appointed by the Government in March last year to review corporate taxation in Norway in light of international developments, submitted its report on December 2. Continue Reading »

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