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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
New Zealand's Inland Revenue Department has issued guidance on when income from professional services is derived for tax accounting purposes. Read Full Story
Small- and medium-size enterprises will need to make significant changes to comply with HM Revenue and Customs's (HMRC's) Making Tax Digital project, says a new survey. Read Full Story
HM Revenue and Customs's new measure to crackdown on abuse of a VAT simplification scheme for small businesses may be ineffective and have unwelcome consequences for tax-compliant businesses, the Chartered Institute of Taxation has said. Read Full Story
More detail should be released about Scotland's proposals for a tax to replace the UK's Air Passenger Duty, say Scottish tax professionals. Read Full Story
The UK tax agency has released guidance and legislation to raise the threshold for self-employed persons and partnerships to account for income and expenses on a cash basis. Read Full Story
The Philippines is undertaking sweeping reforms at the Bureau of Internal Revenue and the Bureau of Customs to improve taxpayer satisfaction and restore public trust, according to Finance Secretary Carlos Dominguez III. Read Full Story
Financial Secretary to the Treasury Jane Ellison has said she aims to increase transparency surrounding HM Revenue and Customs's performance, saying its customer service "hasn't always been good enough." Read Full Story
Cross-border tariffs between New Zealand and Korea were scaled back further on January 1, 2017, with the second installment of tax cuts under their free trade agreement. Read Full Story
Zimbabwe's recent Budget included tax relief measures and initiatives to tackle low compliance rates. Read Full Story
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