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Stories that are tagged 'interest'




Noonan Provides Update On Irish Voluntary Disclosures

by Jason Gorringe, Tax-News.com, London

Last updated 4 hours ago | Thursday, February 23, 2017

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

 

ECJ Publishes Apple's State Aid Appeal

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 21, 2017

Apple has claimed that the European Commission erred in its interpretation of Irish law and violated the principle of legal certainty in ordering the recovery of alleged illegal state aid granted to Apple. Read Full Story

 

Dutch Parties Likely To Increase Company Tax Burden

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 20, 2017

While most of the political parties expected to form the next governing coalition in the Netherlands have pledged to reduce the overall tax burden by 2021, the tax burden on companies will rise under most parties' plans, according to the Netherlands Bureau for Policy Analysis. Read Full Story

 

Philippines Revenue To Penalize Banks For Late E-Payments

by Mary Swire, Tax-News.com, Hong Kong

Monday, February 20, 2017

Philippine Department of Finance Secretary Carlos Dominguez III has approved a new revenue regulation, which would make banks, and not taxpayers, liable for late- or non-payment of taxes for electronic payments. Read Full Story

 

Tax Professionals Call For Clarity On Scottish Air Tax Plans

by Jason Gorringe, Tax-News.com, London

Wednesday, February 15, 2017

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

 

New Zealand Passes Bill To Simplify Business Tax Compliance

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 15, 2017

New Zealand's Parliament has passed a Bill that tightens foreign trust disclosure rules, simplifies tax processes, and reduces or eliminates use-of-money interest for most business taxpayers. Read Full Story

 

IRS Warns On Micro-Captive Insurance Tax Shelters

by Scott Hamilton, Tax-News.com, Washington

Wednesday, February 15, 2017

For the third consecutive year, the US Internal Revenue Service has placed abusive micro-captive insurance tax shelters on its list of top tax scams to watch out for in the 2017 filing season. Read Full Story

 

CRA's Offshore Informant Program Nets CAD1m

by Mike Godfrey, Tax-news.com, Washington

Monday, February 6, 2017

The Canada Revenue Agency has reassessed more than CAD1m (USD1.07m) in federal tax and foreign reporting penalties as a result of information submitted to the Offshore Tax Informant Program. Read Full Story

 

Noonan Updates Parliament On Apple State Aid Case

by Jason Gorringe, Tax-News.com, London

Monday, February 6, 2017

Irish Finance Minister Michael Noonan has argued that the reaction to the European Commission's decision in the Apple state aid case has "painted an outdated and unfair caricature of Ireland's position on tax that is at odds with the evidence and overlooks our proven track record in recent years." Read Full Story

 

Jaitley Delivers India's 2017-18 Budget

by Mary Swire, Tax-News.com, Hong Kong

Friday, February 3, 2017

On February 1, 2017, India's Finance Minister, Arun Jaitley, presented the country's Budget 2017-18, which contains several proposals aimed at simplifying and rationalizing the country's direct tax regime. Read Full Story

 

 

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