Search Results for: Tax
Tourism tax set to be implemented in Aberdeen
March 10th, 2017
Tourists visiting Aberdeen will now have to cough up an additional £1 a night. The scheme was unanimously approved at the authority’s finance, policy and resources committee yesterday. The tourism tax is expected to generate £1.7million for council officers. ...
Tax Coalition formed to help developed effective tax policies for the virtual currency markets
March 10th, 2017
The Chamber of Digital Commerce and Steptoe & Johnson LLP today announce the formation of the Digital Assets Tax Policy Coalition, a Washington, DC-based coalition created to help develop effective and efficient tax policies for the growing virtual currency ...
Plus500 informs about withholding tax on dividends
March 9th, 2017
The online service provider for retail customers to trade CFDs internationally, Plus500, has issued an announcement to inform about withholding tax on dividends distributed by the Group. According the announcement, the company sets out below the process by which ...
SEC Posts Notice of Availability of IFRS Taxonomy
March 2nd, 2017
Foreign Private Issuers May Begin Submitting Their Financial Statements in XBRL The Securities and Exchange Commission published a taxonomy on its website so that foreign private issuers that prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) ...
Israel Tax Authority probing 30,000 more Israelis’ US accounts
February 28th, 2017
Information from the IRS will be cross-checked with reports by Israelis about their overseas assets. The Israel Tax Authority today announced that in recent days, it had obtained additional information about 30,000 accounts at US financial concerns belonging to ...
MarketAxess Appoints Christophe Roupie as Head of Europe and Asia
February 28th, 2017
MarketAxess Holdings Inc. (Nasdaq:MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed income markets, today announced the appointment* of Christophe Roupie as Head ...
Switzerland to draw up a new corporate tax proposal
February 24th, 2017
During its meeting on 22 February 2017, the Federal Council instructed the Federal Department of Finance (FDF) to draw up the substantive parameters for a new tax proposal by mid-2017 at the latest following the vote on corporate tax ...
EU Council to close down hybrid mismatches between EU an non-EU countries tax systems
February 23rd, 2017
On 21 February 2017, the Council agreed its position on rules aimed at closing down ‘hybrid mismatches’ with the tax systems of third countries. The draft directive is the latest of a number of measures designed to prevent tax avoidance by large companies. ...
Unusual: The goverment of this country complains that it is collecting too much tax
February 23rd, 2017
Sweden’s government has an unusual complaint — it is collecting too much tax. Negative rates of interest have made a number of the world’s highest taxes lots much less painful as companies and people race at hand money to ...
EU to battle corporate tax scams
February 22nd, 2017
European Union finance ministers have agreed on new measures to close some tax loopholes that have enabled multinational companies operating in both EU and non-EU countries to avoid paying taxes… but not right away. EU finance ministers meeting in ...