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International Tax »

UK Directors Release Tax Policy Proposals

Ahead of the general election in the UK, the Institute of Directors has released a new policy paper on its Priorities for Tax Reforms. Continue Reading »

International Law »

US Congress Gets Bill To Curb IRS Civil Asset Forfeitures

Legislation to protect taxpayers from the inappropriate use of civil forfeiture laws has been re-introduced into both the United States House of Representatives and Senate. Continue Reading »

Politics & Economics »

Estonia Urged To Cut Labor Taxes

The Organisation for Economic Co-operation and Development has recommended that Estonia should lower its labor tax wedge to boost the economy. Continue Reading »

Offshore »

Guidance From Bahamas On VAT Returns

The Bahamas Ministry of Finance has released new guidance to support businesses in completing their first value-added tax return. Continue Reading »

Business »

South Africa Issues Ruling On Termination Of STC Credits

The South African Revenue Service has issued a draft binding general ruling, which clarifies that credits carried forward from the secondary tax on companies regime may not be used when a dividend is declared before April 1, 2015, if dividends tax is paid on or after that date. Continue Reading »

E-Commerce »

Amazon Acts Over Vermont's 'Click-Through' Sales Tax

In what is being seen as a reaction to Vermont's online sales tax legislation, Amazon has added the state to the list of states in which it will not operate its United States associates advertising program. Continue Reading »

Aviation »

South Korea Launches Emissions Trading Scheme

South Korea's carbon emissions trading scheme, a key component of the Government's plan to cut greenhouse gas emissions, became operational on January 12, 2015. 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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