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Features Latest News
UK Directors Release Tax Policy Proposals,
by Jason Gorringe,, London
Last updated 32 hours ago | Saturday, January 31, 2015
Ahead of the general election in the UK, the Institute of Directors has released a new policy paper on its Priorities for Tax Reforms. [ FULL STORY ]
US Congress Gets Bill To Curb IRS Civil Asset Forfeitures,
by Mike Godfrey,, Washington
Friday, January 30, 2015
Legislation to protect taxpayers from the inappropriate use of civil forfeiture laws has been re-introduced into both the United States House of Representatives and Senate. [ FULL STORY ]
AdvaMed Campaigns For US Medical Device Tax Repeal,
by Mike Godfrey,, Washington
Friday, January 30, 2015
AdvaMed, the Medical Imaging and Technology Alliance, has published the results of a new survey providing an update on the negative impact of the medical device tax, which was included in the Affordable Care Act and took effect on January 1, 2013. [ FULL STORY ]
Hong Kong Ranked As Freest Economy For 21st Year,
by Mary Swire,, Hong Kong
Friday, January 30, 2015
For the 21st consecutive year, Hong Kong has maintained its position as the world's freest economy in The Heritage Foundation's Index of Economic Freedom. [ FULL STORY ]
Obama Cancels Proposal To Tax 529 Education Accounts,
by Mike Godfrey,, Washington
Friday, January 30, 2015
The White House has confirmed that President Barack Obama's plan to tax so-called 529 college savings accounts has been dropped, after criticism that it would adversely impact middle-class US taxpayers. [ FULL STORY ]
Yahoo Announces Tax-Free Spin-Off Of Alibaba Shares,
by Mike Godfrey,, Washington
Thursday, January 29, 2015
Search engine company Yahoo! announced on January 27, 2015, that it had agreed a plan for a tax-free spin-off of the company's remaining holdings in Alibaba Group. [ FULL STORY ]
IRS Provides Obamacare Tax Credit Penalty Relief,
by Mike Godfrey,, Washington
Thursday, January 29, 2015
The Internal Revenue Service has announced that it is to provide penalty, but not interest, relief for individual taxpayers who fail to pay tax debt that is due as a result of receiving advance premium tax credits. [ FULL STORY ]
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