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