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International Tax »

US Business Questions Public EU CbC Reporting

Dorothy Coleman, Vice President at the National Association of Manufacturers, has expressed concern at "recent reports that the European Union is working on legislation to require global companies to publicly disclose tax and other financial information." Continue Reading »

International Law »

UK Consultation On Tax And Domicile Changes

The UK Government is consulting on proposed changes to the non-dom rules that would deem certain individuals to be domiciled in the country for income tax and capital gains tax purposes. Continue Reading »

Politics & Economics »

Australia Publishes Modelling Of GST Changes

The Australian Government has released modelling that shows that "the positive growth impact from cutting income tax would be broadly offset by the negative impact of raising goods and services tax," Treasurer Scott Morrison has announced. Continue Reading »

Offshore »

HK Again Ranked As Freest Economy, US's Score Falls

For the 22nd consecutive year, Hong Kong has maintained its position as the world's freest economy in The Heritage Foundation's Index of Economic Freedom, while the score achieved by the United States has fallen again. Continue Reading »

Business »

Omani Free Zone Set For Expansion

The total area of the Special Economic Zone at Duqm is to be expanded to 2,000 square kilometers from the current 1,745 square kilometers. Continue Reading »

E-Commerce »

Indian IT Body Seeks Tax Breaks For Start-Ups

The National Association of Software and Services Companies has urged the Indian Finance Minister to exempt start-ups from direct and indirect taxes, including the minimum alternate tax. Continue Reading »

Aviation »

Singapore Tables GST Act Amendments

The Goods and Services Tax (Amendment) Bill has been tabled before Singapore's Parliament. It includes provisions concerning the GST treatment of cross-border aviation services and a new penalty for those who abuse the GST refund scheme for tourists. Continue Reading »

Marine »

Netherlands Defends 'Unlawful' Port Tax Breaks

The Dutch Cabinet has said that it is "disappointed" with the decision of the European Commission to strike down a corporate tax exemption for publicly owned seaports in the Netherlands. Continue Reading »

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