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Stories that are tagged 'tax breaks'

US Congress Receives Bill To Cancel CEO Tax Breaks

by Mike Godfrey,, Washington

Friday, January 13, 2017

Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay. Read Full Story


USITC Accepting Comments On Tariff Cut Petitions

by Scott Hamilton,, Washington

Thursday, January 12, 2017

On January 11, the US International Trade Commission began accepting comments on petitions it has received seeking import duty suspensions and reductions in accordance with the new Miscellaneous Tariff Bill process. Read Full Story


Tax Breaks In Hong Kong's Voluntary Health Insurance

by Mary Swire,, Hong Kong

Thursday, January 12, 2017

The Hong Kong Government has released a report on its consultations regarding a proposed Voluntary Health Insurance Scheme, summarizing the consultation outcomes and proposing tax breaks. Read Full Story


US Taxpayer Advocate Calls For Simpler Tax Code

by Mike Godfrey,, Washington

Wednesday, January 11, 2017

The United States National Taxpayer Advocate Nina E Olson, has once again emphasized the need for simplification of the US tax code in her annual report to Congress. Read Full Story


ATO Explains New Precious Metals Industry GST Reverse Charge

by Mary Swire,, Hong Kong

Wednesday, January 11, 2017

The Australian Taxation Office has issued guidance on the application of a goods and services tax reverse charge for the precious metals industry. Read Full Story


IRS Guides On Delay To Some 2017 Tax Refunds

by Scott Hamilton,, Washington

Monday, January 9, 2017

The US Internal Revenue Service has issued an updated version of its Refund Information Guidelines for the Tax Preparation Community publication, adding information on the expected delays to tax refunds in the 2017 filing season. Read Full Story


South Korea Provides Tax Guide For Foreign Workers

by Mary Swire,, Hong Kong

Friday, January 6, 2017

The South Korean National Tax Service has issued its Easy Guide for Foreigners' Year-end Tax Settlement, to help foreign residents in the country to file a return and settle the taxes due on their 2016 income. Read Full Story


Irish Help To Buy Tax Break Applications Open

by Jason Gorringe,, London

Wednesday, January 4, 2017

Ireland's Help to Buy tax incentive for first-time buyers has opened for applications. Read Full Story


Canada Reviews Tax Relief For Fringe Benefits

by Mike Godfrey,, Washington

Monday, January 2, 2017

The Canadian Government has announced the income tax deduction limits and expense benefit rates that will apply in 2017 when using an automobile for business purposes. Read Full Story


South Korea Plans Tax Changes To Boost Growth

by Mary Swire,, Hong Kong

Monday, January 2, 2017

Within its proposed policy framework for 2017, the South Korean Ministry of Strategy and Finance has announced various tax changes to counteract the continued economic uncertainties, including measures to create jobs and support new growth industries. Read Full Story




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