Asia-Pacific

Hong Kong budget released

Hong Kong’s Financial Secretary, in his budget released today, proposed a 75 percent reduction of profits tax, salaries tax, and tax under personal assessment for the year of assessment 2017–18, subject to a ceiling of . . .

Asia-Pacific

Japan enacts tax reform

Professor Masao Yoshimura of Hitotsubashi University provides an overview of the corporate tax and transfer pricing changes in Japan’s tax reform 2016, enacted on March 29. . . 

No Picture
Africa

EU finance ministers adjust tax haven blacklist, approve tax transparency scheme for intermediaries

Davide Anghileri of the University of Lausanne discusses today’s proceedings at the European Union’s Economic and Financial Affairs Council, where the EU’s blacklist of non-cooperative jurisdictions in taxation matters was updated and the ministers voted to approve a Commission proposal requiring mandatory reporting by intermediaries involved with potentially aggressive tax planning schemes . . .