Search Results for: tax
Bitcoins to be taxed like shares
August 20th, 2014
BITCOIN and other crypto-currency investors will have to pay capital gains tax on the sale of these assets, according to new guidance by the Australian Taxation Office. People in possession of bitcoins don’t need to declare it to the ...
Stewarts to launch tax litigation team to capitalise on boom in tax disputes
August 20th, 2014
Stewarts Law will launch a tax litigation group in 10 weeks’ time to hone in on the swathe of tax-related cases hitting the courts. The new specialist group will join the litigation firm’s nine specialist areas, which include the ...
Tax Burden in U.S. Not as Heavy as It Looks, Report Says
August 19th, 2014
For years, chief executives have complained bitterly about the United States corporate tax code, arguing that it is too complicated and that rates are too high. The issue has reached a near boiling point this summer as many large ...
New criminal offence proposed to catch tax evaders
August 19th, 2014
People who fail to declare offshore tax liabilities could face prosecution under proposed new laws published for consultation today. HM Revenue & Customs has urged wealthy individuals to come forward and pay what they owe in advance of the ...
Restriction of Liechtenstein route for tax disclosure
August 18th, 2014
The UK Government has acted to restrict the situations where taxpayers can use a government agreement with Liechtenstein to get a more generous settlement from HMRC. A joint decision between HMRC and the Government of Liechtenstein has resulted in ...
Expo Milano 2015 Tax Breaks Announced
August 18th, 2014
In advance of the next Universal Exposition, which will be held from May 1 to October 31, 2015, in Milan, the Italian Revenue Agency has issued details of favorable tax treatment for Expo Milano 2015 participants. Within an agreement ...
Companies avoid U.S. tax system but investors lose returns
August 18th, 2014
Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such “inversion” deals have failed to produce above-average returns for investors, a Reuters analysis has found. Looking ...
New non-dom tax rules will cause confusion
August 14th, 2014
New tax rules for loans taken out by “non-doms” will cause disputes over the interpretation of the law, the Chartered Institute of Taxation (CIOT) has said. The government said on 4 August that it was withdrawing its current treatment ...
Greene King takes tax battle to Court of Appeal
August 13th, 2014
Greene King has confirmed it will take its long-running fight with HMRC over a £21m tax planning scheme, known as Project Sussex, to the Court of Appeal. In its latest annual report, the brewery and pub group revealed plans ...
New Tax Threatens to Destroy Gas Production in Ukraine
August 13th, 2014
Independent gas producers in Ukraine are joining forces to pressure the government in Kiev to re-think its new gas tax before everyone makes a run for the border in search of new assets in a more stable environment. Private ...
