Shifting the balance: Asia’s move to indirect tax With China poised to complete its VAT roll-out in the second half of this year and India hoping to introduce GST in 2016, the next few years will see 2.5... May 27 2015
Collections delayed on transfer pricing bills under India-UK DTAA The Indian Ministry of Finance has issued a fresh notice preventing the collection of taxes on transfer pricing cases for Indian subsidiaries of UK resident companies undergoing a mutual agreement... May 25 2015
Finance minister: No corporate tax cuts for Indonesia The Indonesian Minister of Finance has rejected claims that the country’s corporate tax rate will be cut to less than 18%. May 20 2015
Jaitley orders tax authorities to stop issuing MAT bills India’s Finance Minister Arun Jaitley has told the tax authorities not to send out any new bills for minimum alternate tax (MAT) to foreign portfolio investors while a committee he... May 15 2015
Upper house delay means India’s GST may not achieve April 1 deadline A Bill necessary for facilitating India’s goods and services tax (GST) has been delayed in the Rajya Sabha, the Upper House of Parliament, until the next parliamentary session this summer. May 15 2015
Possible corporate tax cut faces hurdles in Indonesia President Widodo is considering slashing Indonesia's corporate tax rate from 25% to under 18% to stop multinationals transferring profits out of the country to offshore low tax jurisdictions, Luhut Panjaitan,... May 14 2015
Budget confirms Australian commitment to tougher anti-avoidance measures Australian Treasurer Joe Hockey had plenty to say about large companies and their tax arrangements in his annual budget statement on May 12. May 13 2015
‘Netflix tax’ and diverted profits expected to feature in Australian budget Though broad-based tax reform will wait until after a white paper is published later this year, tax professionals expect Australia’s May 12 Budget to continue to lay the foundation for... May 08 2015