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Stories that are tagged 'legislation'




Hungary Approves Advertising Tax Hike

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 44 hours ago | Wednesday, May 24, 2017

The Hungarian parliament has approved an increase to the country's advertising tax, despite concerns that the measure breaches European Union state aid rules. Read Full Story

 

UK Conservatives To Target Tax Advisory Firms

by Jason Gorringe, Tax-News.com, London

Last updated 44 hours ago | Wednesday, May 24, 2017

The UK Conservative Party has outlined plans to "legislate for tougher regulation of tax advisory firms." Read Full Story

 

Australian Banks Count Cost Of New Levy

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

Tuesday, May 23, 2017

Two more of Australia's largest banks have begun assessing the impact of the new bank levy, with NAB expecting an annual hit of AUD350m (USD262.1m) and Commonwealth Bank estimating that the tax will cost it AUD315m a year. Read Full Story

 

Westpac: We Will Have To Pass On Aus Bank Levy

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

Monday, May 22, 2017

Westpac has said that Australia's new bank levy will cost it around AUD370m (USD275.7m) a year, and warned that "no company can simply 'absorb' a new tax." Read Full Story

 

Australian Treasury Promises More Info On Bank Levy

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

Thursday, May 18, 2017

The Australian Treasury has said that it will compile a regulatory impact statement on the proposed new bank levy, following criticisms from the institutions affected. Read Full Story

 

EU Asks France To Amend WHT Regime

by Jason Gorringe, Tax-news.com, London

Thursday, May 18, 2017

The European Commission has asked France to abolish a withholding tax that applies to dividends received by non-resident companies. Read Full Story

 

NAB: Australian Bank Levy Is Poor Policy

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

Wednesday, May 17, 2017

National Australia Bank has described the Government's planned bank levy as "poor policy" and warned that it is a tax on every Australian who benefits from, or participates in, the banking industry. Read Full Story

 

Commonwealth Bank Criticizes Aus Bank Levy

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

Monday, May 15, 2017

The Commonwealth Bank of Australia has warned that the Government's proposed new bank levy will unfairly penalize customers and shareholders and have a negative impact on investor confidence. Read Full Story

 

Seychelles Alters Tax Exemption For 13th Month Income

by Mike Godfrey, Tax-News.com, Washington

Thursday, May 11, 2017

The Seychelles Government has recently published legislation in the Official Gazette to amend the territory's individual tax regime. Read Full Story

 

Australian Banks Condemn 'Hasty' New Levy

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

Thursday, May 11, 2017

The Australian Bankers' Association has described the Government's proposed new bank levy as a bad policy introduced in haste, and said banks have only until May 15 to make submissions to the Treasury on the tax. Read Full Story

 

 

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