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International Tax »

Bill Addresses Supreme Court Threat To Obamacare Tax Credit

Legislation has been introduced into the Senate that would allow Affordable Care Act premium tax credits to be maintained for a certain period, if the United States Supreme Court rules against the Administration in King v. Burwell in June this year. Continue Reading »

International Law »

Australia Consults On CGT Reform

The Australian Treasury is consulting on exposure draft legislation that would amend the capital gains tax treatment of the sale and purchases of businesses involving certain earnout rights. Continue Reading »

Politics & Economics »

Hungary Gives More Detail On Planned Tax Cuts

Hungary's Minister for National Economy, Mihály Varga, has put some flesh on the bones of his Government's pledges on tax cuts. Continue Reading »

Offshore »

Irish Revenue Publishes 2014 Annual Report

The Irish Revenue collected EUR41.4bn (USD45bn) in tax in 2014, up 9.3 percent on 2013, according to the latest figures. Continue Reading »

Business »

Nova Scotia Compromises On Film Industry Incentives

The Nova Scotian Government has announced plans to replace the Film Tax Credit with a new film and television industry fund. Continue Reading »

E-Commerce »

SARS Praised For 2014/15 Performance

South Africa's Minister of Finance, Nhlanhla Nene, has disclosed that revenue collections for the 2014/15 fiscal year are projected to have grown by 9.6 percent during the 2014/15 fiscal year to ZAR986.4bn (USD83.6bn). Continue Reading »

Aviation »

Hong Kong Airport Rethinking Tax For Expansion

With a view to lowering the level of the proposed Airport Construction Fee, the Airport Authority Hong Kong is revising its proposal for funding the HKD141.5bn cost of constructing a third runway at Hong Kong International Airport. Continue Reading »

Marine »

Singapore Extends Maritime Tax Incentives

In his 2015 budget speech, Singapore's Finance Minister, Tharman Shanmugaratnam, announced support for Singapore as an international maritime hub by extending the Maritime Sector Incentive. Continue Reading »

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