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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
In its submission to the Petroleum Resource Rent Tax review, the Business Council of Australia has said that the Government should not pursue changes to the regime unless there are clear benefits from doing so. Read Full Story
The Irish Revenue is to write to all self-assessed taxpayers who filed their 2015 Income Tax Return with advice on how to correct errors or omissions in any tax return they have filed. Read Full Story
The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries. Read Full Story
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
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
Australian Prime Minister Malcolm Turnbull has said that if the country had a 25 percent corporate tax rate today "full-time workers on average weekly earnings would have an extra AUD750 (USD570) in their pockets each and every year." Read Full Story
Eurogroup President Jeroen Dijsselbloem has warned the UK against attempting to establish itself as an "offshore tax haven" post-Brexit. Read Full Story
Bookmakers will be required to pay a 10 percent Horserace Betting Levy on profits from UK wagers on races taking place in the UK, Sports Minister Tracey Crouch has said. Read Full Story
Canada's ruling Liberal party is reportedly considering levying a consumption tax on digital services purchased from overseas firms. Read Full Story
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