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UK Chancellor Philip Hammond should avoid rushing through a large number of tax changes without any real parliamentary scrutiny, the Chartered Institute of Taxation has said. Read Full Story
The United Nations Committee of Experts on International Cooperation in Tax Matters has released, in digital format, the second edition of the UN Practical Manual on Transfer Pricing for Developing Countries. Read Full Story
An Australian taxpayer advocacy group has joined forces with a coalition of international taxpayer organizations and academics to condemn the Government's plans to abolish the low-value goods and services tax threshold on imports. Read Full Story
A majority of senior Canadian executives believe that if the US lowers corporate tax rates, Canada should follow suit, according to a new survey. Read Full Story
The National Assembly for Wales has passed the Land Transaction Tax Anti-avoidance of Devolved Taxes (Wales) Bill. Read Full Story
The United Arab Emirates Government has said that residential property will be exempt from its new value-added tax (VAT) regime but a five percent charge will apply to commercial property. Read Full Story
The July 2008 switch to taxing Irish cars based on carbon emissions will cost the Government EUR260m (USD282.3m) in revenue by 2024, says a new report. Read Full Story
The Australian Government will introduce a new tax exemption for superannuation funds and life insurance companies offering innovative income stream products. Read Full Story
A survey of Vietnamese firms found that tax administration reforms have improved conditions for businesses but further changes are needed to make complying more simple and to modernize arrangements. Read Full Story
Hungary should improve tax administration and cut back on the number of tax exemptions, the International Monetary Fund has said. Read Full Story
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