Search Results for: tax
Dutch Parties Likely To Increase Company Tax Burden
February 21st, 2017
While most of the political parties expected to form the next governing coalition in the Netherlands have pledged to reduce the overall tax burden by 2021, the tax burden on companies will rise under most parties’ plans, according to ...
Scottish tax code increases
February 20th, 2017
HMRC has issued a note to stakeholders to warn employers that the Scottish tax rates, thresholds and tax code increases cited in its form P9X: Tax codes published the week before last are subject to change. This is because ...
Czech Prime Minister will propose a special tax on banks
February 18th, 2017
The Czech Republic’s ruling centre-left Social Democratic Party will propose a special tax on banks to help fund schools and infrastructure and keep profits from leaving the country as part of its manifesto for elections in October. The plan ...
EU Commission to take legal action against U.S. plans for border tax
February 15th, 2017
The European Commission says it is prepared to take legal action against US plans to impose a border tax. “If somebody is behaving against our interests or against international rules in trade then we have our own mechanisms to ...
Swiss voters rejected corporate tax reforms
February 14th, 2017
The European Commission is disappointed that Swiss voters rejected plans to overhaul corporate taxes and will consult with European Union governments on how to proceed, the EU tax commissioner Pierre Moscovici said on Monday. Voters on Sunday blocked the ...
Australia Passes ‘Fairer Tax’ Reforms
February 13th, 2017
The Australian Government has hailed the passage of a package of tax reforms to improve income averaging arrangements for farmers and provide the Tax Commissioner with a new power. The Tax and Superannuation Laws Amendment (2016 Measures No.2) Bill ...
Switzerland to vote on corporate tax unification
February 7th, 2017
Swiss voters will vote next week on whether to reform corporate tax and remove the reduced tax rates that Switzerland currently grants to multinational firms Voters will be asked whether they accept the federal law that was adopted by ...
EBay finds ‘material weakness’ in controls over accounting for tax
February 7th, 2017
EBay Inc (EBAY.O) said on Monday it had found that it improperly accounted for tax on certain transactions completed in December, which constituted a material weakness in its internal control over financial reporting. However, eBay said it would not ...
Sweden’s competition watchdog opposes a proposed tax on financial services companies
February 6th, 2017
Sweden’s competition watchdog has come out against a proposed tax on financial services companies, saying it would hit their ability to compete internationally and skew the domestic market. The opinion, published on the watchdog’s website, was sent to the ...
E.U. Includes U.S. on List of Potential Tax Havens
February 6th, 2017
The European Commission views the United States as a potential tax haven, according to a draft list of 90 countries that Brussels views as problematic. Countries on the list, obtained by Handelsblatt, are categorized based on three risk factors ...
