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Stories that are tagged 'interest'

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


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


Bahamas VAT Filing And Payment Dates Change

by Mike Godfrey,, Washington

Wednesday, January 11, 2017

The Bahamas Department of Inland Revenue has reminded taxpayers that as of January 1, 2017, the deadline for value-added tax filing and payment has changed. Read Full Story


Three More Nations Commit To BEPS Minimum Standards

by Ulrika Lomas,, Brussels

Monday, January 9, 2017

A further three countries have committed to participate in international base erosion and profit shifting discussions and implement minimum standards, under the OECD's new "inclusive framework" for countries. Read Full Story


Hong Kong Needs Measured BEPS Response: Report

by Mary Swire,, Hong Kong

Friday, January 6, 2017

Hong Kong's Financial Services Development Council has issued a paper setting out key recommendations for the Government to consider in the area of international tax law. Read Full Story


South Korea Plans Tax Changes To Boost Growth

by Mary Swire,, Hong Kong

Monday, January 2, 2017

Within its proposed policy framework for 2017, the South Korean Ministry of Strategy and Finance has announced various tax changes to counteract the continued economic uncertainties, including measures to create jobs and support new growth industries. Read Full Story


German Government Targets Offshore Tax Avoidance

by Ulrika Lomas,, Brussels

Monday, January 2, 2017

The German Government has adopted draft anti-avoidance legislation intended to make it more difficult for domestic taxpayers to avoid tax through the use of "mailbox companies in tax havens." Read Full Story


Canada Reviews Tax Relief For Fringe Benefits

by Mike Godfrey,, Washington

Monday, January 2, 2017

The Canadian Government has announced the income tax deduction limits and expense benefit rates that will apply in 2017 when using an automobile for business purposes. Read Full Story


Colombia Mulls Value-Added Tax Hike

by Mike Godfrey,, Washington

Thursday, December 29, 2016

Colombia is due to hike its value-added tax rate to 19 percent from 16 percent. Read Full Story


Australia-Germany DTA Enters Into Force

by Mary Swire,, Hong Kong

Tuesday, December 27, 2016

The Australian Government has announced that a new double tax agreement with Germany is now in force, replacing the previous 1972 treaty. Read Full Story




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