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International Tax »

OECD In Push For 'Tax Fairness'

Governments should look to use tax policies to share the benefits of economic growth more evenly among their citizens, the OECD has said in a new report, Tax Design for Inclusive Economic Growth. Continue Reading »

International Law »

Nordea Bank Concludes Panama Papers Probe

Following an internal investigation, Nordea Bank S.A. has announced that its Luxembourg unit did not encourage clients to evade taxes by establishing corporate structures registered offshore. Continue Reading »


Politics & Economics »

Austria To Rein In Bank Tax

The Austrian Government has proposed reducing the burden of the nation's banking levy and calculating it based on a bank's earnings rather than assets. Continue Reading »

Offshore »

Indonesian Expert Group To Monitor Amnesty Program

Indonesia has created a special tax force comprising officials from the Finance and Development Supervisory Agency and the Intelligence Agency of Indonesia to supervise the newly launched tax amnesty program, President Joko Widodo has said. Continue Reading »


Business »

Ireland Urged To Support Entrepreneurs

The Irish Small and Medium Enterprises Association has called on the Government to announce a Budget that will support the competitiveness of Irish businesses and make Ireland more attractive to foreign entrepreneurs. Continue Reading »

E-Commerce »

CIOT Warns Over UK Govt's Online VAT Proposals

The Chartered Institute of Taxation has recommended that the UK Government rethink its approach to ensuring that online sellers pay the correct amount of value-added tax. Continue Reading »


Aviation »

US Congress Approves Short-Term Airport Tax Extensions

Both the US House of Representatives and Senate have passed a bipartisan bill to extend the revenue provisions supporting the Airport and Airway Trust Fund until end-September 2017. Continue Reading »

Marine »

Norway's Tax Refunds For Ship Owners Approved

The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners. Continue Reading »

World Budget News and Information

 

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