The main driving forces behind tax reform attempts in the US Congress - Max Baucus and Dave Camp - have launched a new website to increase stakeholder engagement in the tax reform process.
The Australian budget 2013-14 is one week away, and while taxpayers want a corporate tax cut, they should prepare for tightened thin capitalisation rules and a reformed research and development (R&D) tax incentive, though there is good news regarding exploration.
Ernst & Young is the latest organisation to dampen US tax reform spirits, producing a survey which indicates that pessimism regarding reform among corporate and tax executives has never been higher.
The French government has performed a U-turn which sees a reversal of the planned increase in capital gains tax (CGT). President Francois Hollande said he is correcting a “misunderstanding”.
