Bern and Brussels have clinched a deal to exchange bank account data in an effort to tackle tax fraud. The agreement comes after a recent report exposed the global ... Read More
European tax evaders might soon have to hide their cash in mattresses instead of secret Swiss bank accounts. Switzerland has agreed to start sharing financial information with the European ... Read More
Austria has announced proposals to provide personal income tax cuts worth EUR5bn (USD5.3bn) to lower income earners. The new tax package, which aims to boost economic growth by reducing ... Read More
Lawyers and other tax advisers who aid clients evade tax will the subject of penalties under a new criminal offence which is to be announced by the UK government ... Read More
The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key ... Read More
The start of 2015 brought changes to the way value added tax (VAT) is calculated for direct-to-consumer sales of electronically supplied services. While the changes have been in effect ... Read More
The IRS issued final and temporary regulations that provide rules for brokers to report bond premium and acquisition premium as well as govern information reporting of transactions involving debt ... Read More
Changes to the way international companies pay tax could undermine Britain’s tax competitiveness, EY survey of finance and tax professionals finds Impending changes to the way international companies pay tax ... Read More
Swiss voters have resoundingly rejected a proposal to replace the value-added tax with an emissions-based levy. A referendum on the popular initiative, known as “Energy Rather than VAT,” was ... Read More
Tax payers could find themselves with a daily penalty increase if they continue to fail to submit their return HMRC has issued 890,000 people with a £100 penalty fine ... Read More
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