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Stories that are tagged 'small business'




IRS Prepares For 'Revenue From Contracts With Customers' Standard

by Mike Godfrey, Tax-News.com, Washington

Last updated 7 hours ago | Wednesday, March 29, 2017

The Internal Revenue Service has published a proposed revenue procedure in Notice 2017-17 for taxpayers seeking to change a method of accounting for recognizing income after the adoption of the new financial accounting standards for recognizing revenue (IFRS 15). Read Full Story

 

ACCI Urges Aus Parliament To Pass Company Tax Cuts

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

Friday, March 24, 2017

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

 

Uber Canada Concerned Over Ride-sharing Tax Reform

by Mike Godfrey, Tax-news.com, Washington

Friday, March 24, 2017

Uber Canada has said that changes to the goods and services tax rules for ride-sharing businesses will "hurt over a million Canadians who use ride-sharing to earn income and get around their cities." Read Full Story

 

New Zealand Passes Closely Held Companies Bill

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

Thursday, March 23, 2017

Lawmakers in New Zealand have approved legislation that would improve, strengthen, and update the rules for closely held companies, non-resident withholding tax and the approved issuer levy, and the goods and services tax rules. Read Full Story

 

Canadian Budget Focuses On 'Tax Fairness'

by Mike Godfrey, Tax-news.com, Washington

Thursday, March 23, 2017

The tax measures contained Canadian Finance Minister Bill Morneau's second Budget are focused on closing loopholes, cracking down on tax evasion, and improving tax reliefs for the "middle class." Read Full Story

 

IRS To Provide Expedited Audit Mediation For Small Businesses

by Mike Godfrey, Tax-News.com, Washington

Wednesday, March 22, 2017

The Internal Revenue Service has released a new revenue procedure that creates a fast-tracked method for small businesses and self employed persons to engage with the IRS to resolve disputes. Read Full Story

 

Aus Gov't To Put Company Tax Cuts To Parliament

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

Tuesday, March 21, 2017

Australian Treasurer Scott Morrison has said that the Government's proposed company tax cuts will be put to Parliament over the next two weeks. Read Full Story

 

UK Lawmakers Call For Further 'Making Tax Digital' Delay

by Jason Gorringe, Tax-News.com, London

Monday, March 20, 2017

A committee of the UK's upper house of Parliament has called on the Government to further delay its Making Tax Digital plans until 2020. Read Full Story

 

Canadian SMEs Seeking Tax Cuts At Budget

by Mike Godfrey, Tax-news.com, Washington

Thursday, March 16, 2017

The Canadian Federation of Independent Business has called on the Government to reduce the small business tax rate at the upcoming Budget. Read Full Story

 

ATO To Target Grey Economy Businesses In Canberra, Perth

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

Tuesday, March 7, 2017

The Australian Taxation Office has said that its officers will visit more than 400 businesses in Perth and Canberra over the next month as part of a campaign to help small businesses manage their tax affairs. Read Full Story

 

 

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