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International Tax »

Irish FM Criticizes EU's BEPS Response

Irish Finance Minister Michael Noonan has criticized the EU's proposals for a common consolidated corporate tax base and public country-by-country reporting as "against the BEPS consensus." Continue Reading »

International Law »

IRS Stops ACA Individual Mandate Enforcement

The US Internal Revenue Service has decided to continue to allow individual tax returns in the current filing season even if the taxpayer has not indicated their health insurance coverage status. Continue Reading »


Politics & Economics »

Nigeria Denies Plans To Increase Taxes

Nigeria's Minister of Budget and National Planning, Udoma Udo Udoma, has denied that the Nigerian Government intends to raise taxes and will instead focus on compliance. Continue Reading »

Offshore »

Irish Revenue Launches Self-Assessment Compliance Drive

The Irish Revenue is to write to all self-assessed taxpayers who filed their 2015 Income Tax Return with advice on how to correct errors or omissions in any tax return they have filed. Continue Reading »


Business »

Philippines Revenue To Penalize Banks For Late E-Payments

Philippine Department of Finance Secretary Carlos Dominguez III has approved a new revenue regulation, which would make banks, and not taxpayers, liable for late- or non-payment of taxes for electronic payments. Continue Reading »

E-Commerce »

Canada Urged To 'Modernize' Internet Advertising Tax Rules

A new report by advocacy group Friends of Canadian Broadcasting calls on the Government to close a loophole it says allows the tax deductibility of advertising expenses for foreign internet-delivered media. Continue Reading »


Aviation »

US Bill To Give Aircraft Management Services Tax Break

Companion bills to provide an exemption from the excise tax on air transportation for payments by aircraft owners for aircraft management services have been reintroduced into the US Senate and House of Representatives. Continue Reading »

Marine »

South Africa Consults On Diesel Fuel Tax Refund Overhaul

The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries. Continue Reading »

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