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The European Parliament's Conference of Presidents has said that the benefits of being a member of the EU cannot be the same for a country which leaves the Union. Read Full Story
Theresa May has invoked Article 50, triggering the formal Brexit process. 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
Nepal is drafting a new single tax code "to implement tax policy improvements and to consolidate and harmonize the main domestic taxes under one piece of legislation," according to the International Monetary Fund. Read Full Story
The South African Revenue Service has released for public comment an update to its guidance on the VAT treatment of a transfer of an enterprise, or part thereof, as a going concern. Read Full Story
Panama must continue to improve tax transparency and how it exchanges information relevant in tax matters to sustain growth in its economy, the International Monetary Fund has said. Read Full Story
South African Revenue Service has issued a Binding General Ruling clarifying the application of the no-value provision in relation to employer-provided transport. Read Full Story
Slovakia should tackle value-added tax and corporate tax evasion, the International Monetary Fund has said. Read Full Story
In the embattled ride-sharing app's latest tax skirmish, Uber is being sued in the UK in relation to potential VAT underpayment. Read Full Story
The Vietnamese authorities have rejected a call from local taxi firms to slash the amount of VAT they pay from 10 percent to five percent. Read Full Story
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