The sheer volume and intricacies of the 2007/08 Finance Bill, published on Thursday by the UK Government, adds to tax complexity, according to the ACCA (the Association of Chartered Certified Accountants).
Michael D’Ascenzo, the Australian Commissioner of Taxation delivered a speech at the 8th International Conference on Tax Administration in Sydney on Thursday.
The US Internal Revenue Service on Thursday urged taxpayers eligible for the economic stimulus payment to file their tax return now in order to get their payment in a timely manner.
For expats and those who want to retire abroad a new pension scheme offers massive taxation, investment and flexibility benefits
The Finance Bill 2008, which enacts many of the measures announced by Chancellor of the Exchequer Alistair Darling in the budget earlier this month, was published on Thursday.
A new study from the Tax Foundation, a nonpartisan tax research group in Washington, shows that most American states tax companies at a higher rate than any other country in the developed world.
It emerged on Wednesday that Vietnam’s National Assembly Standing Committee has approved plans to reduce the corporate tax rate from 28% to 25%.
It has emerged that the US government is attempting to revive its case against 13 former partners of accounting firm KPMG, who stand accused of facilitating the use of illegal tax shelters which allegedly cost the Treasury billions in tax revenues.
‘Tax Freedom Day’ for US taxpayers will fall on April 23rd this year, according to the Tax Foundations annual calculation, using the latest government data on income and taxes.
The Czech government is reported to be reconsidering its proposal to cut income tax by 2.5% next year, in favour of the less expensive option of reducing social insurance tax.
