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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 and Belarus have agreed to lower withholding tax rates on cross-border income under a new comprehensive double tax agreement. Read Full Story
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
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'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
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
Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay. Read Full Story
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
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
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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