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Slovakia should tackle value-added tax and corporate tax evasion, the International Monetary Fund has said. Read Full Story
The Chinese Government does not plan to extend the property tax scheme piloted in Shanghai and Chongqing nationwide over the coming year, but such a move may be under consideration over the longer term, it has emerged. Read Full Story
The Government of Australian state Victoria announced plans to levy a Vacant Residential Property Tax. Read Full Story
As promised in the recent elections, and despite the country's significantly increased fiscal deficit in 2016, Ghana's new Government has decided to balance its election promise of beginning a program of tax cuts to boost private sector growth, with an attack on tax non-compliance. Read Full Story
The OECD has said Italy should limit its fiscal plans to those measures that would not inhibit improved economic growth. Read Full Story
Hong Kong's Secretary for Transport and Housing, Anthony Cheung Bing-leung, has said "there have been signs of cooling off in the residential property market" after the introduction of the further stamp duty increase on November 4, 2016. Read Full Story
The Real Estate Institute of Australia has called on the Government to examine property taxes as part of Budget 2017. Read Full Story
The South African Revenue Service has issued a tax exemption guide on the income tax exemption for a public benefit organization carrying on a public benefit activity. Read Full Story
The Stamp Duty (Amendment) Bill 2017, which implements a further stamp duty increase to cool Hong Kong's housing market, was gazetted on January 27, and will be introduced into the Legislative Council on February 8. Read Full Story
The Ministry of Finance has announced that China's total tax revenue increased by a reduced rate in 2016, largely due to the country's slower economic growth rate and the expansion of value-added tax during the year. Read Full Story
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