News

Singapore makes amendments to its transfer pricing guidance

On January 13th, 2017, the Inland Revenue Authority of Singapore (IRAS) issued updates to its e-Tax Guide and online directive regarding the state's transfer pricing regulations.


The HMRC has started sending personalised Post-it notes to tax evaders

HMRC in the UK has started sticking Post-it notes written by hand on letters sent to tax evaders in a new attempt to encourage payment, and has recorded a high response rate, as they expand their use of a range of psychological strategies to inspire greater compliance.


Ireland also faces tax rulings for aiding legal tax evasion in Apple case

The EC announced it would be starting an investigation in 2014 to look at Ireland's selective tax treatment of conglomerates and providing illegal state aid to jurisdictions that has facilitated such loop hole. Similar investigations are taking place looking at Starbucks' relationship with the Netherlands,…


New Zealand: Interest & investment tax proposals

A discussion document released today could simplify taxpayers’ fiscal year-end processes while increasing accuracy in the system, says Revenue Minister for New Zealand Michael Woodhouse.


Are UK Law firms charging too much for general probate?

Findings from a report carried out by the Legal Services Board (LSB) has calculated the approximate prices being charged by UK law firms for services such as appostilation, probate applications, will writing and estate administration.


Top ten jurisdictions for financial secrecy revealed

In light of recent information disclosed in the Panama papers, the Central American nation is under more scrutiny about its tax transparency than ever before. International financial organisations warn that Panama is not even in the top 10 jurisdictions for aiding reporting secrecy.