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Japan, Mongolia Ink Free Trade Deal,
by Mary Swire, Tax-News.com, Hong Kong
Last updated 5 hours ago | Thursday, July 24, 2014
Following a meeting in Tokyo between the Japanese Prime Minister Shinzo Abe and Mongolia's President Tsakhiagiin Elbegdorj, it has been announced that their two countries have reached an agreement on the substance of a bilateral free trade agreement. [ FULL STORY ]
IRS Having Difficulties Auditing Large Partnerships,
by Mike Godfrey, Tax-News.com, Washington
Last updated 5 hours ago | Thursday, July 24, 2014
After being asked to study the challenges large partnerships pose for the Internal Revenue Service, and present its findings before the United States Senate Permanent Subcommittee on Investigations, the Government Accountability Office has shown that the agency audited only 0.8 percent of such entities in the 2012 fiscal year, compared to 27.1 percent for large corporations. [ FULL STORY ]
US Senate Bill Lumps Online Sales Tax With Internet Moratorium,
by Mike Godfrey, Tax-News.com, Washington
Last updated 5 hours ago | Thursday, July 24, 2014
With the United States House of Representatives having recently passed the Permanent Internet Tax Freedom Act that would permanently extend a moratorium on internet access taxation, but with the more controversial Marketplace Fairness Act, which would allow states to impose sales taxes on online purchases, stuck in its Judiciary Committee, certain lawmakers have had the idea of linking the two into one bill in the Senate. [ FULL STORY ]
24/07/2014  Canada Revenue Agency Under Fire For Charity Audits
24/07/2014  US Tax Code Hearing Centers On Corporate Inversions
24/07/2014  South African Tax Authority Tasked For 2014/15
24/07/2014  HMRC Chief Exec Hails Record Performance
23/07/2014  Philippine Bill Extends Shipping Income Tax Exemption
23/07/2014  OECD Releases New Tax Info Exchange Standard
23/07/2014  HMRC Sought Liquidation Of More Tax Debtors Last Year
23/07/2014  Personal Income Tax Reform Proposed In Portugal
23/07/2014  Macedonia Plans Free Zone For Professional Services
23/07/2014  Canada, UK Revise Double Tax Agreement
23/07/2014  Little Progress In South Korea, China FTA Tariff Talks
22/07/2014  Sweden Calls For EU Ruling On Bitcoin Taxation
22/07/2014  US Treasury Wants Immediate Anti-Inversion Legislation
22/07/2014  EU, Fiji To Implement Interim Pacific EPA
22/07/2014  Philippines To Intensify Large Taxpayer Audits
22/07/2014  S Korea Announces Protectionist Tariff On Rice
22/07/2014  France Drops Tourist Tax Hike Plans
22/07/2014  Jamaica Notes VAT, Capital Allowance Regime Changes
22/07/2014  ICC Tells Countries To Resist Exit Taxes On MNEs
22/07/2014  Tax Framework Key To Asia Funds Passport Success
21/07/2014  Accountants To See IRS In Court Over Tax Preparer Program
21/07/2014  China Urges US To Restrict Excessive Trade Remedy Use
21/07/2014  Accountants Urge Caution From Irish BEPS Response
21/07/2014  HMRC's High Net Worth Unit Yields GBP1bn
21/07/2014  Guernsey Businesses Oppose Goods And Services Tax
18/07/2014  EFTA Adopts New Rules On R&D State Aid
18/07/2014  Industry Responds To HMRC Advance Payment Powers


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