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International Tax »

US Calls For Greater Japanese Ambition On TPP

During a telephone conversation with Japanese Prime Minister Shinzo Abe on October 15, United States President Barack Obama stressed "the need to be bold" in order to move forward the stalled negotiations on Trans-Pacific Partnership tariffs. Continue Reading »

International Law »

Belgian Tax Rules On Collective Investment Funds Challenged

The European Commission has referred Belgium to the European Court of Justice for the country's "discriminatory" tax treatment of foreign Collective Investment Undertakings. Continue Reading »

Politics & Economics »

Italian Cabinet Approves 2015 Tax Cuts

The Italian Cabinet approved on October 15, 2014, the Government's Budget for 2015, which contains EUR18bn (USD23bn) in tax cuts. Continue Reading »

Offshore »

ATO Commissioner Urges Int'l Collaboration On BEPS

An unprecedented international collaboration is needed to replace a single, isolated country view with a global view to tackling base erosion and profit shifting, Andrew Mills, Second Commissioner, Australian Taxation Office's Law Design and Practice, has said. Continue Reading »

Business »

Singapore, Turkey FTA Talks Make 'Good Progress'

During an official visit to Turkey, Singapore's Prime Minister, Lee Hsien Loong, confirmed that free trade agreement negotiations are "making good progress." Continue Reading »

E-Commerce »

Short-term Extension For US Internet Tax Moratorium

The United States House of Representatives and the Senate have agreed a short-term extension to the Internet Tax Freedom Act until December 11, 2014. Continue Reading »

Aviation »

Taiwanese Special Scheme For Foreign Firms Time Limited

The Ministry of Finance has reminded foreign companies engaged in certain industries in Taiwan that there is a time limit on the availability of the percentage expenses deduction allowed under Article 25 of the country's Income Tax Act. Continue Reading »

Marine »

Canada, South Korea Sign Landmark Free Trade Deal

Nine years after negotiations began, Canada and South Korea have signed a free trade agreement that will eliminate duties on nearly all tariff lines. Continue Reading »

World Budget News and Information


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