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Stories that are tagged 'individuals'

Norway Amended Import VAT Reporting Rules

by Ulrika Lomas,, Brussels

Last updated 18 hours ago | Tuesday, January 17, 2017

Norway's tax administration has published guidance on reforms to the import value-added tax filing process for fiscal years beginning in 2017. Read Full Story


Hong Kong, Belarus Sign DTA

by Mary Swire,, Hong Kong

Last updated 42 hours ago | Monday, January 16, 2017

Hong Kong and Belarus have agreed to lower withholding tax rates on cross-border income under a new comprehensive double tax agreement. Read Full Story


ATO Explains New Superannuation Balance Transfer Cap

by Mary Swire,, Hong Kong

Friday, January 13, 2017

The Australian Taxation Office has published guidance on the AUD1.6bn (USD1.2m) superannuation balance transfer cap that will apply from July 1. Read Full Story


Taiwan Hikes Inheritance, Cigarette Taxes

by Mary Swire,, Hong Kong

Friday, January 13, 2017

Parliamentary approval was received on January 11 for the Taiwanese Government's proposals to hike cigarette and inheritance taxes, to find the extra funds needed to finance a long-term elderly care program. Read Full Story


Hong Kong Consults On Beneficial Ownership Plans

by Mary Swire,, Hong Kong

Friday, January 13, 2017

Hong Kong's Financial Services and the Treasury Bureau has launched public consultations on legislative proposals to increase the transparency of corporate beneficial ownership in the city, and to enhance its regulatory regime for combating money laundering and terrorist financing. Read Full Story


Seychelles Needs To Boost Revenue: IMF

by Lorys Charalambous,, Cyprus

Friday, January 13, 2017

The International Monetary Fund indicated on January 11 that Seychelles will need to take further measures to increase tax revenue over the medium term. Read Full Story


US Congress Receives Bill To Cancel CEO Tax Breaks

by Mike Godfrey,, Washington

Friday, January 13, 2017

Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay. Read Full Story


IRS Warns On Email Scheme Targeting Tax Professionals

by Mike Godfrey,, Washington

Friday, January 13, 2017

The US Internal Revenue Service has warned accounting and tax preparation firms to be alert to an email scam from cybercriminals posing as clients soliciting their services. Read Full Story


Tax Breaks In Hong Kong's Voluntary Health Insurance

by Mary Swire,, Hong Kong

Thursday, January 12, 2017

The Hong Kong Government has released a report on its consultations regarding a proposed Voluntary Health Insurance Scheme, summarizing the consultation outcomes and proposing tax breaks. Read Full Story


US Taxpayer Advocate Calls For Simpler Tax Code

by Mike Godfrey,, Washington

Wednesday, January 11, 2017

The United States National Taxpayer Advocate Nina E Olson, has once again emphasized the need for simplification of the US tax code in her annual report to Congress. Read Full Story




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