The South Korean government and ruling Saenuri Party have produced a revised tax Bill targeting large companies, which is expected to raise tax revenue by KRW1.8 trillion ($887 million).
US lawmakers have passed a Bill to expedite tax reform procedural issues in 2013. The Bill will provide a fast-track procedure for enacting tax reform, if the reform proposals meet certain requirements.
The first opinion poll since Australia introduced its carbon tax on July 1 has revealed that opposition to the carbon pricing mechanism (CPM) has fallen dramatically.
The OECD has released two new reports examining the automatic information exchange (AIE) and the protection of confidentiality of information that has been exchanged.
