06/15/2023
The letters, which started going out this month, warn recipients to report all their overseas income or gains that they owe UK tax on, or face penalties of up to 200% of any tax due or prosecution.
06/15/2023
The decision serves as another example of the Irish Courts' reluctance to interfere in the TAC's running of live tax appeals, and as a reminder to taxpayers to prepare and argue their full case before the TAC.
06/07/2023
Personable, experienced, highly qualified and adaptable, Matt and Simon each perfectly reflect what leadership should look like
06/06/2023
The data, provided by the Department of Inland Revenue, and based on world tax systems
06/06/2023
Jason Ward, principal analyst at CICTAR in Sydney, questioned whether Brookfield can claim to be a responsible investor.
06/05/2023
The industry has had sufficient obstacles to overcome over the past years
06/01/2023
These havens serve as attractive locations for non-residents who want to minimize or entirely evade tax liabilities without facing any legal complications.
05/30/2023
In principle, as multinationals shift profits to tax havens, this reduces the amount of corporate tax that they pay in their home countries.
05/30/2023
The protocol implements the minimum standards for double taxation agreements.
05/29/2023
LRS is a provision made by the Reserve Bank of India, allowing Indian residents to send or spend up to $250,000 in a financial year outside the country
05/29/2023
Australia’s largest mining companies are notorious for shifting profits to avoid the 30% company tax rate.
05/25/2023
The current system does not take into account loss-making years and has exhausted cash flow to businesses while hampering their ability to grow and expand by reinvesting in the business.
05/25/2023
“On behalf of all Bahamian businesses I am asking, have mercy,” Minnis said.
05/23/2023
It states that the increases will be highest among high-margin industries and businesses because, under a corporate income tax, they will taxed in bottom line earnings and profit margins rather than turnover.
05/22/2023
The Islands will monitor implementation internationally and adapt their implementation of the tax rate accordingly to global developments.
05/22/2023
Both exposed Guernsey “to the risk of severe reputational damage as an international finance centre,” the GFSC said in a public statement announcing the penalties.
05/22/2023
These may be Irish real estate loans or corporate loans of a multinational secured over the real estate of the group including Irish land or buildings.
05/22/2023
Pintard also argued that the Green Paper puts forward four proposals
05/19/2023
Although they will monitor implementation internationally and adapt accordingly to developments which may require adjustments to our own implementation plans.
05/19/2023
The government aims to gather feedback from stakeholders on these proposals to enhance efficiency, equity, and alignment with global tax developments.