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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 European Commission has expressed concerns about Ireland's narrow tax base and its reliance on corporate tax receipts. 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
British Columbia is to phase out the provincial sales tax on electricity and reduce the small business tax rate. Read Full Story
The Australian Government has introduced legislation to extend the goods and services tax to low value imports from July 1, 2017. Read Full Story
In his State of the Nation Address on February 14, Seychelles' President Danny Faure announced that the implementation of a progressive personal income tax regime will be delayed to January 1, 2018. Read Full Story
Australia desperately needs large scale tax reform and should aim to rebalance its tax mix, the Institute of Public Accountants has argued. Read Full Story
Australian business associations are calling for lawmakers to support the Government's 10-year corporate income tax cut plan. Read Full Story
Australia should embark on a indirect tax shift, by lowering corporate and household income taxes while increasing the goods and services tax, to boost investment and lift economic growth rates, the International Monetary Fund says. Read Full Story
The Scottish Government has dropped plans to increase the higher rate threshold in line with inflation under a deal with the Scottish Green Party to secure approval for the Budget in Parliament. Read Full Story
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