Taxpayers already struggling to meet new reporting standards should also beware of the ever-increasing risk of data theft, the IRS has warned. It found that companies lose more than half a million US dollars during an average cyberattack.
Chile has released guidance on amendments made by circulars 39 and 40, which aim to simplify Chile’s corporate tax regime as enacted by legislation in 2014.
Malcolm Turnbull has won the Australian federal election to remain as Prime Minister, but the lack of a strong majority is likely to give way to political uncertainty around planned corporate tax measures.
Lowering the corporation tax rate will be incentive to encourage companies to invest back in to the US In a development that could reshape the US tax system, the House Republicans released a long-awaited tax reform blueprint to simplify the country's federal tax structure.