International Tax News UK Tax Burden Higher On The Poor Than Rich
Britain's poorest households pay a greater proportion of their income in taxes than the richest, according to new data from the Office for National Statistics. Irish Firms Unfazed By US Tax Reform Plans
Irish business group Ibec has said that US President Trump's tax reform package could put some pressure on Ireland's international competitiveness, but would be less damaging than earlier proposals such as a border adjustment tax. Tusk: UK Must Resolve Brexit Issues Before Tax Talk Begins
European Council President Donald Tusk has said the EU will not discuss its future relations with the UK until it has "achieved sufficient progress on the main issues" relating to Brexit. Progressive Tax Systems Key To Addressing Wealth Imbalance: OECD
Progressive tax systems with strong governance are key to addressing wealth imbalances across the world, the OECD says in a new report. Europe Will Conclude FTA With UK, Says EU Commissioner
The EU's Trade Commissioner has said she is certain that the EU will reach a free trade agreement with the UK, despite a number of pre-conditions being placed on negotiations starting. EU Closes Greek, Slovak Car Registration Tax Cases
The European Commission said it has successfully resolved cases against Greece and Slovakia involving discriminatory vehicle registration taxes. Hong Kong Seeks Views On Free Trade Negotiations With Australia
Hong Kong has sought views of what areas should be covered in a free trade agreement with Australia. More Advance Tax Rulings From 'New, Cooperative' India
The Central Board of Direct Taxes announced on April 28 that it had entered into two unilateral advance pricing agreements with Indian taxpayers. Ireland Extends Deadline For Disclosure Scheme
The Irish Revenue has extended the deadline for qualifying offshore disclosures until May 4, ahead of a major change to the voluntary disclosure rules. Italy Referred To ECJ Over Fuel Duties
The European Commission has referred Italy to the Court of Justice for what it said was a failure to apply the national excise duty rate on petrol and diesel purchased by motorists resident in the Friuli Venezia Giulia region. India Rules Out Tax Hike On Farmers
India's central Government has ruled out the introduction of a new tax on agricultural activity. US Tax Reform Proposals Announced
The US Government has announced its plans for tax reform, including a 15 percent territorial basis corporate tax system, a reduction in income tax for individuals, the repeal of the Alternative Minimum Tax and the Estate Tax, and a one-time tax on repatriated profits. Australian Gov't To Reintroduce Company Tax Cuts
Australian Treasurer Scott Morrison has confirmed that he will reintroduce the Government's proposed tax cuts for large companies. Italy Announces Tax Measures To Close Fiscal Gap
Italy has announced a package of tax hikes, measures to counter VAT evasion, and spending cuts. US To Renegotiate NAFTA, Not Terminate It
President Donald Trump has said the US will not yet terminate the North American Free Trade Agreement. HMRC Raids Soccer Clubs In Tax Fraud Probe
The UK tax authority, HM Revenue and Customs, has raided two English soccer clubs as part of a tax fraud investigation. EU To Tighten Anti-Fraud System
The European Council has adopted a directive on the protection of the financial interests of the EU, which will apply to "serious" cases of value-added tax fraud. No Tax Reform Without Debt Relief, Says Greece
Greece will commit to widen the tax base only if it receives debt relief from its bailout creditors, Prime Minister Alexis Tsipras has said. Scottish Lawmakers Support Replacement Air Tax
Scottish lawmakers have given the green light to an outline for a Scottish air tax to replace the UK's Air Passenger Duty. Australia Announces ATO Executive Appointments
The Australian Government has announced the re-appointment of Chris Jordan as Commissioner of Taxation, whose term will now run until February 2024. Malta Reduces Tax On Intergeneration Family Business Transfers
Malta has announced a reduction in transfer duties on family businesses passed from one generation to another through an act of donation. Canada To Fight US Lumber Duties
Justin Trudeau has told Donald Trump that his Government will "vigorously defend" the interests of the Canadian softwood lumber industry, following the announcement of new US countervailing duties on Canadian imports. South Africa Launches Wealth Tax Debate
South Africa's Davis Tax Committee has launched a consultation on options for introducing an additional "wealth tax." Asia-Pac Firms Value Tax Certainty Most: Survey
Business leaders in the Asia-Pacific region are placing greater importance on tax certainty, according to an annual survey by Deloitte. India Eases Tax Amnesty Requirements
India's Central Board of Direct Taxes on April 21 announced that it will extend the time period for making deposits under its Pradhan Mantri Garib Kalyan Yojana tax amnesty scheme. Academics Call For Green Tax Reform In The Netherlands
90 academics have signed an open letter calling on the Government of the Netherlands to introduce a carbon tax. Irish Workers Unaware Of Pension Tax Breaks
Just 54 percent of Irish workers know that saving into a pension is a tax efficient way to save for the future, according to a survey by Irish Life. UK Tax Practitioners Welcome Decision To Defer Tax Moves
The Chartered Institute of Taxation has welcomed the UK Government's decision to remove a majority of the Finance Bill following discussions with the Opposition. Irish Revenue Updates Guidance On VAT On Training Services
The Irish Revenue has updated its guidance on the VAT rules applicable to education and vocational training and retraining services, in Part 05-59 of the VAT Tax and Duty Manual. EU Consults On Changes To Energy Taxation
The European Commission is seeking private sector input on changes to energy taxation in the European Union.
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