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The Australian Taxation Office has issued guidance on changes to the spouse tax offset that will enter into force on July 1. Read Full Story
Irish Finance Minister Michael Noonan has confirmed that 13 voluntary disclosures relating to offshore matters have been made since the Budget announcement that the regime would change from May 2017. Read Full Story
Laos should increase its revenues by broadening the tax base, reducing exemptions, and strengthening tax administration, the International Monetary Fund said in its Article IV Report for the country. Read Full Story
The Swiss Federal Council has asked the Finance Department to draw up new proposals for corporation tax reform by mid-2017 at the latest, following its recent referendum defeat. Read Full Story
The UAE and Burundi have signed two agreements to avoid double taxation and promote investments between the countries. Read Full Story
Americans for Affordable Products, a business coalition that opposes the proposed border adjustment tax, has responded to the February 21 letter to leading US lawmakers from the American Made Coalition supporting border adjustability. Read Full Story
Macao may need to significantly reduce its already low income tax rates to attract foreign investors and professionals as revenues from its gaming industry fall, the International Monetary Fund (IMF) has said. Read Full Story
Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story
At a press briefing on February 21, China's Minister of Commerce, Gao Hucheng, indicated that his country would react were the US to impose a border adjustment tax. Read Full Story
Arlene Foster, Northern Ireland's First Minister, has said her Democratic Unionist Party – the territory's largest political party – would support a cut in the corporate income tax rate to 10 percent if her government is reelected. Read Full Story
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