by Glen Shapiro, Tax-News.com, Washington 11 September 2017 The Brazilian Government has asked the World Trade Organization to investigate its allegations that Canada is providing trade-distorting subsidies to aircraft manufacturer Bombardier. Brazil requested the establishment of a panel to examine
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Australia Announces Tax Changes For Consolidation Groups
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UK Lib Democrats Leader Plugs ‚Fairer Tax Code‘
by Amanda Banks, Tax-News.com, London 11 September 2017 Vince Cable, the leader of the UK’s third-largest political party, the Liberal Democrats, has said that the UK should increase taxes on inheritances and property to tackle wealth inequality. The former Business
Think Tank Calculates Cost Of Canadian Carbon Pricing
by Mike Godfrey, Tax-News.com, Washington 11 September 2017 A new report has argued that, by 2025, the impact of a CAD80 (USD66) per tonne carbon tax on the average Canadian household could reach CAD2,000 a year. The report, by The
Australian Tax Office Plans TP Probe Of Pharma Sector
by Mary Swire, Tax-news.com, Hong Kong 11 September 2017 Senior officers from the Australian Taxation Office are to undertake a broad review of the transfer pricing practices of Australia-based subsidiaries of pharmaceutical companies. In a September 7 statement, the ATO
Canada Agrees To Exploratory ASEAN Trade Talks
by Mary Swire, Tax-News.com, Hong Kong 11 September 2017 Canada and representatives from the ASEAN member states have agreed to launch exploratory discussions to determine the potential for a free trade agreement. The decision was made on September 8, at
Mexican VAT Refund Provider ‚Left Customer Details Exposed‘
by Mike Godfrey, Tax-News.com, Washington 11 September 2017 Sensitive data from MoneyBack, a provider of value-added tax refunds to foreign tourists visiting Mexico, has reportedly been leaked. Researchers at Kromtech Security Center said photocopies of identification and travel documents had
Malta Launches Tax Breaks For Pension Contributions
by Jason Gorringe, Tax-News.com, London 11 September 2017 Malta’s Minister for Finance, Edward Scicluna, recently announced the launch of a number of fiscal incentives, which are intended to boost the take-up of voluntary private pensions. Employers who contribute EUR1,000 (USD1,201)
Irish FM Hints At Budget Tax Cuts
by Jason Gorringe, Tax-News.com, London 11 September 2017 Irish Finance Minister Paschal Donohoe has said that one of his main objectives in next month’s Budget will be to „make steady and affordable progress in reducing high rates of tax for
Taiwan Announces Radical Income Tax Reforms
by Mary Swire, Tax-News.com, Hong Kong 11 September 2017 Taiwan has announced plans to hike corporate tax, increase individual income tax relief, and hike withholding tax on dividend payments to non-residents. The changes were announced in a draft tax bill,