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Compliance management

Compliance management archive
  • Singapore budget confirms shift to indirect taxation

    February 24, 2017

    Proposals in Singapore’s 2017-18 budget confirmed the government’s plans to shift from a direct tax base to an indirect one, with several measures proposing the introduction of new taxes on companies.

  • South Africa budget almost avoids tax hikes for businesses to plug deficit

    February 23, 2017

    Businesses were left almost unscathed in Finance Minister Pravin Gordhan’s 2017-18 budget that announced ZAR 28 billion ($2.16 billion) of revenue raising measures to help stabilise the economy, but there was one concern for MNEs.

  • Hong Kong to establish tax policy unit to enhance regime

    February 23, 2017

    Hong Kong’s Financial Secretary Paul Chan has announced his plans to establish a tax policy unit to review the country’s narrow tax base and boost international competitiveness in his 2017-18 budget.

  • Tougher compliance rules for New Zealand foreign trusts

    February 15, 2017

    New Zealand’s Parliament has approved legislation that will require foreign trusts to disclose more information to the tax authorities as it gets tough on aggressive tax planning in the wake of the Panama Papers.

  • Tax hikes likely as South Africa tries to plug deficit

    February 14, 2017

    Finance Minister Pravin Gordhan is set to announce higher tax rates, as well as other measures, in his upcoming 2017/18 budget that could either boost the economy or deliver the final knockout punch to his career as finance minister.

  • Botswana plans for big changes to tax rules in 2017-28 budget

    February 14, 2017

    Botswana intends to simplify tax legislation and introduce transfer pricing rules, the country’s Minister of Finance and Economic Development O K Matambo announced in his 2017-18 budget address.

  • Back to the drawing board for Swiss tax reforms

    February 14, 2017

    Businesses and citizens have crossed swords as the Swiss Corporate Tax Reform III (CTR III), which included numerous tax benefits for MNEs, was rejected by voters in a referendum held on February 12 2017.

  • Businesses in limbo as NAFTA renegotiations threaten tariffs

    February 09, 2017

    US President Donald Trump’s threats to impose tariffs and duties on imports have dealt a blow to the security and longevity of the North American Free Trade Agreement (NAFTA). Pending renegotiations between the US, Canada and Mexico are becoming a cause for concern for companies.

  • Transatlantic tax tensions grow over business poaching

    February 08, 2017

    EU leaders are queuing up to criticise the US and UK over plans to slash corporation tax, while US President Donald Trump makes provocative comments on the European project. The growing conflict means corporate CEOs are left scratching their heads on tax planning and whether to shift manufacturing, IP and profit into the US.

  • Jaitley seeks tax compliant economy in India’s 2017 budget

    February 02, 2017

    India’s Finance Minister Arun Jaitley has promised to clean up India’s economy in an effort to boost revenue through better compliance measures rather than tax hikes in his 2017-18 budget.

  • Navigating the complexities of TP compliance for commencement tax returns

    January 31, 2017

    Companies beginning a new business venture in Nigeria face complex compliance rules on their transfer pricing in the first three years. Victor Adegite and Adedayo Adebowale of KPMG Nigeria guide businesses through the possible hurdles.

  • Germany takes aim at banks over dividend tax loopholes

    January 31, 2017

    Financial institutions may be subject to huge tax bills as a result of a global bank’s upcoming court case concerning dividend stripping and the pending decision of Germany’s states to reclaim revenues lost from similar tax practices.

  • Q&A: China’s changing tax landscape

    January 25, 2017

    China’s tax environment is rapidly changing to become more aligned with international standards, alongside more transparent and business-friendly policies. The Director General of International Taxation for China Tizhong Liao talks to Amelia Schwanke about his thoughts on recent tax developments and what businesses can expect in 2017.

  • M&A considerations for 2017: Don’t let tax derail the deal

    January 25, 2017

    Tax considerations will never make a deal, but they certainly can break a deal. Laurence Field, a senior tax and corporate business partner at national audit, tax and advisory firm Crowe Clark Whitehill, reflects on the M&A tax landscape that evolved through 2016 and looks ahead to assess what businesses need to know if they are planning to get a transaction over the line in 2017.

  • Ireland’s tax regime for real estate funds

    January 25, 2017

    Certain Irish investment funds will be exempt from corporation tax or income tax on their profits, but may face a withholding tax under recent legislative changes.

  • Malta committed to EU presidency despite tax haven accusations

    January 17, 2017

    Malta is focusing on its presidency of the EU Council, despite claims that the country would not be able to pass the EU’s tax haven criteria if it were assessed – an accusation the country’s finance minister has dismissed.

  • General VAT reverse charge: The view from Central Europe

    January 17, 2017

    Austria, Bulgaria, the Czech Republic, Hungary and Slovakia are seen as the key supporters of the European Commission’s generalised reverse charge mechanism (GRCM), but not all industries or multinationals in these countries will benefit from it.

  • India’s stalled GST regime

    January 17, 2017

    Businesses gain more time to prepare for India's goods and services tax (GST) regime after the implementation date of the country's biggest tax reform is delayed again.

  • No more secret tax rulings in the EU?

    January 10, 2017

    The European Union’s new transparency rules for tax rulings have entered into force, but will it really be the end of secret or controversial tax rulings?

  • The Asia Tax Awards 2017: Enter your firm now

    January 06, 2017

    Companies, firms and individuals in 18 jurisdictions are eligible to compete for the Asia Tax Awards 2017.

  • EU to take ‘nuclear option’ on VAT fraud and allow reverse charge systems

    January 06, 2017

    The European Commission (EC) plans to take drastic action to tackle the €50 billion ($53 billion) in annual EU cross-border VAT fraud by allowing member states to deviate from the VAT Directive.

  • Checklist of hot China tax issues for MNEs in 2017

    January 03, 2017

    In 2017, multinational enterprises (MNEs) should in particular be alert to the following anticipated China tax developments.

  • Investing in Iran: 10 tax tips

    January 02, 2017

    For investors who want to successfully invest in Iran, Bahman Zebardast, a freelance tax adviser and internal audit manager at debt management company Tarh and Andisheh Behsaz Mellat in Tehran, provides his top tax advice.

  • New tax regime for individuals transferring their residence to Italy

    December 21, 2016

    Individuals transferring their tax residence to Italy may benefit from new tax regimes being introduced in Italy. Nicola Saccardo, a partner at Maisto e Associati, explains the changes that apply to high-net worth individuals and skilled employees.

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International Tax Review Profile

South Africa budget raises top personal income tax rate, but a loophole remains https://t.co/FJyRdADNtL

Feb 22 2017 03:21 ·  reply ·  retweet ·  favourite
International Tax Review Profile

The second edition of the Investor’s Guide to Property Tax has been published by Singapore https://t.co/cssDmyfZWk

Feb 21 2017 09:10 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Singapore's IRAS ha released an overview of the key budget tax announcements https://t.co/g8BLIwYxQF

Feb 21 2017 09:09 ·  reply ·  retweet ·  favourite
International Tax Review Profile

@idea_cares what is the best contact method to get in touch about a media inquiry?

Feb 15 2017 06:07 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Roses are red, Violets are blue, We love rhyming couplets, At the Tax Review #taxvalentines

Feb 14 2017 09:47 ·  reply ·  retweet ·  favourite
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