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The Australian Treasury has launched a consultation on the tax consequences of the re-characterization of trading income derived through the use of stapled structures. Read Full Story
The Australian Government has introduced legislation to implement new tax breaks designed to encourage sensible risk-taking and investment in innovative companies. Read Full Story
The Quebec Government has announced plans to increase the income tax-free threshold and retroactively reduce the health contribution for 2016. Read Full Story
In a move thought to be intended to boost state-owned oil company Aramco ahead of an Initial Public Offering, Saudi Arabia announced tax cuts for oil and hydrocarbon producers on March 27. Read Full Story
The Australian Senate has passed legislation to introduce a diverted profits tax from July 1, 2017. Read Full Story
Australia and China have agreed to discuss the further liberalization of services and investment under their free trade agreement, and to update their double tax agreement. Read Full Story
The Australian Chamber of Commerce and Industry has called on Parliament to pass the Government's company tax cuts in full, and not just the small business portion of the proposals. Read Full Story
The Association of Superannuation Funds of Australia has called on the Government to better fund the tax office to audit business for unpaid superannuation entitlements. Read Full Story
On March 23, India published a notice ratifying the double tax Protocol signed with Singapore, which entered into force on February 27. Read Full Story
African tax officials have attended a four-day workshop organized by the African Minerals Development Centre to improve their understanding of transfer pricing issues facing the mineral sector. Read Full Story
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