News

After the Hong Kong government recently abolished tax breaks for electric vehicles, no Tesla vehicles sales were registered in Hong Kong throughout the month of April, reports have shown.

Italy's government this week is facing the arduous process of bailing out two of its national banks at a cost of €5.2B euros.

Singapore recently signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS).

Brazil is the world's largest producer of both oranges and orange juice, however due to changing breakfast preferences in Europe, means that the country's reliance on exporting the fruit may have to change.

A Chinese Company Director has been found guilty of illegally importing duty-unpaid cigarettes through parcel post and storing them at his home in Singapore.

Last week President Donald Trump announced his plans to reinforce stricter travel regulations on Americans travelling to Cuba and significantly reduce US business transactions with the island’s military; unravelling former President Obama’s momentous reconciliations with Havana.

The Canada Revenue Agency (CRA) and HMRC in the UK have seen over 80 executed search warrants both in Canada and the UK just in the last week alone.

Singapore leaders have restated their earlier intention to implement a carbon tax, which they are working towards bringing into full effect from the end of 2019.

Spain and Cape Verde signed a Double Taxation Agreement (DTA) in Madrid on June 5th by Cape Verdes Minister of Foreign Affairs Mr Luis Filipe Tavares and Spanish Finance Minister Mr Cristóbal Montoro.

In a statement, German Chancellor Angela Merkel and Italy's Prime Minister Paolo Gentiloni warned the President that the Paris Agreement could not be renegotiated. They said they remained committed to the irreversible accord and saw it as "a cornerstone in the co-operation between our countries, for…