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News Headlines

Hong Kong Issues Tax Compliance Guide For Property Owners

by Mary Swire, Tax-News.com, Hong Kong
Thursday, June 14, 2018

On June 14, 2018, Hong Kong's Inland Revenue Department released guidance on the tax obligations of landlords.
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Irish Corporate Tax Reform Pushed By MPs, To Shore Up Tax Base

by Jason Gorringe, Tax-News.com, London
Thursday, June 14, 2018span>
The highly concentrated nature of Ireland's corporation tax receipts represents "an unacceptable level of risk," according to parliament's Public Accounts Committee.
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Netherlands To Champion EU VAT Law Change For Cost-Sharing Groups

by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 14, 2018

The Dutch Ministry of Finance has reassured taxpayers that it seeking to resolve at EU level reform of the EU's value-added tax rules concerning cost-sharing groups, following the European Court of Justice's rulings in DNB Banka (Case C-326/15) and Aviva Towarzystwo (Case C 605/15).
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Tax Regime Overhaul Announced In Barbados

by Mike Godfrey, Tax-News.com, Washington
Thursday, June 14, 2018

Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes.
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Switzerland Adds Services To E-Tax Portal


Thursday, June 14, 2018


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Mauritius's FATCA Filing Deadline July 31

by Mike Godfrey, Tax-News.com, Washington
Thursday, June 14, 2018

The Mauritius Revenue Authority on June 11, 2018, warned those financial institutions required to report information on the accounts of US persons under the US Financial Account Tax Compliance Act that declarations are required by July 31, 2018.
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G7 Committed To Digital Tax Consensus

by Mike Godfrey, Tax-News.com, Washington
Thursday, June 14, 2018

G7 countries are committed to working towards a consensus-based solution to the tax challenges of the digital economy, according to the final communique issued at the conclusion of the G7's summit in Charlevoix, Canada.
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DeFazio Tables US Anti-Profit Shifting Bill

by Mike Godfrey, Tax-News.com, Washington
Thursday, June 14, 2018

US congressman Peter DeFazio (D-OR) has introduced legislation designed to amend the Tax Cuts and Jobs Act so that incentives for US corporations to shift income and production overseas are reduced.
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EU Agrees New Money Laundering Rules

by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 14, 2018

The EU is to apply new anti-money laundering rules aimed at disrupting and blocking access by criminals to financial resources.
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