Subscribe to news digests

News Search

Industry News

17 September 2019

The US Internal Revenue Service (IRS) has published new procedures that will help expats who have relinquished US citizenship to fully comply with their tax and filing obligations, as well as claiming back some tax relief.

16 September 2019

New Zealand's tax authority has launched a consultation on tax relief on the proceeds of selling a main home, residence or business premises.

16 September 2019

Last week's five-week prorogation of Parliament by Prime Minister Boris Johnson has had the side-effect of halting the progress of several items of pending legislation, including the drastic rise in probate fees set out in the Draft Non-Contentious Probate (Fees) Order 2018.

12 September 2019

A US-born British citizen has commenced a crowdfunding campaign to challenge the US Foreign Account Tax Compliance Act (FATCA), on the basis that HMRC sharing her personal information with the US Internal Revenue Service (IRS) would breach her rights to data protection and privacy.

12 September 2019

The UK government has announced that an independent review into the loan charge has been commissioned. The loan charge rules have drawn sustained criticism over the past few months, and the review will conclude in November in order to give taxpayers more certainty before the 2020 self-assessment deadline.

11 September 2019

The Chairman of Brazil’s Constitution and Justice Commission (Comissão de Constituição e Justiça, CCJ) has said that the tax reform under the Proposed Amendment to Constitution No 110 of 2019 (Proposta de Emenda à Constituição No 110, de 2019, PEC) should be voted on by September 25. Among the PEC’s reforms is a proposal to unify nine federal, state and municipal taxes into a single VAT.

9 September 2019

The OECD has reported that its second phase of peer reviews of the base erosion and profit shifting (BEPS) country-by-country (CbC) reporting initiative has shown major progress in the delivery of international tax transparency, with CbC reports now meeting minimum standards in 116 jurisdictions.

9 September 2019

Gifts left to charities in wills have increased for another year, according to Co-op figures, with the number of bequests growing by more than 50 per cent.

News Search