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Features Latest News
US Reaches Non-Prosecution Deals With Four Swiss Banks,
by Leroy Baker,, New York
Last updated 20 hours ago | Friday, May 29, 2015
The US Department of Justice has announced that four Swiss banks have reached a resolution with the Government under the DoJ Tax Division's regularization program. [ FULL STORY ]
China And Israel Sign Customs Agreement,
by Mary Swire,, Hong Kong
Last updated 21 hours ago | Friday, May 29, 2015
The governments of China and Israel have signed an agreement that simplifies and standardizes customs procedures on trade between the two countries. [ FULL STORY ]
US Bill To Cut Excise Tax On Distilled Spirits,
by Mike Godfrey,, Washington
Last updated 43 hours ago | Thursday, May 28, 2015
Legislation has been introduced into the US House of Representatives to cut the excise tax due on distilled spirits in a move intended to help distilleries grow. [ FULL STORY ]
New Study Calls For UK Unhealthy Food Tax,
by Robert Lee,, London
Wednesday, May 27, 2015
There is mounting evidence in support of introducing taxes on unhealthy food and drinks, says a new paper published by the Food Research Collaboration in the UK. [ FULL STORY ]
IRS Reminds Firms Of Transaction Disclosure Rules,
by Mike Godfrey,, Washington
Tuesday, May 26, 2015
The US Internal Revenue Service has reminded businesses in US territories, including individuals who are sole proprietors, that they must report cash transactions of more than USD10,000 received in a trade or business. [ FULL STORY ]
NZ Air Travel Tax Plans Supported By Lawmakers,
by Mike Godfrey,, Washington
Tuesday, May 26, 2015
Government ministers in New Zealand have welcomed the passage, on May 24, 2015. of the Border Processing (Arrivals and Departures) Levy Bill, which will introduce a new travel tax on airline passengers. [ FULL STORY ]
US House Backs Permanent R&D Tax Credit,
by Mike Godfrey,, Washingont
Monday, May 25, 2015
The US House of Representatives has passed legislation that would simplify and strengthen the research and development tax credit and permanently enshrine it in the US tax code. [ FULL STORY ]
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