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South Africa's 2017-18 Budget, announced by Minister of Finance Pravin Gordhan on February 22, has had to resort to tax hikes, particularly on the wealthy, in order to stabilize the country's fiscal position. Read Full Story
The Filipino Government is optimistic that it can overhaul the Philippines' tax regime by 2018 through a two-step approach. Read Full Story
The US Internal Revenue Service has for the first time placed information online from applications from charities for tax-exempt status. Read Full Story
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
The Australian Taxation Office has issued guidance on changes to the spouse tax offset that will enter into force on July 1. Read Full Story
Arlene Foster, Northern Ireland's First Minister, has said her Democratic Unionist Party – the territory's largest political party – would support a cut in the corporate income tax rate to 10 percent if her government is reelected. Read Full Story
On February 21, 2017, the European Council reached a compromise on a new Directive aimed at closing down hybrid mismatches between EU tax systems and those of non-EU countries. Read Full Story
The Australian Taxation Office has issued a further two taxpayer alerts warning against the incorrect use of the Research and Development Tax Incentive. Read Full Story
Singapore's Finance Minister, Heng Swee Keat, has presented the country's latest budget, which includes proposals for a new safe harbor rule and a preferential intellectual property tax regime. 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
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