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Byline: Saleen Martin, USA TODAY With January just weeks away and inflation still impacting the wallets of Americans, taxpayers across the country are preparing to file in 2025. To ease [...]

Byline: ERICA ALINI; Staff In its 2024 federal budget, the Liberal government said it would raise capital gains taxes, but eight months later, those changes aren't law yet. In April, [...]

Byline: JAKE FUSS, ALEX WHALEN Directors of research at the Fraser Institute With Donald Trump's victory in Tuesday's presidential election, lower taxes for both U.S. businesses and individuals will be [...]

The global tax landscape is experiencing a profound transformation as the OECD/G20's Pillar Two rules are adopted. Among these, the Undertaxed Profits Rule (UTPR) has emerged as a pivotal mechanism [...]

Memorandum: Revenue and Other Legislation Amendment Bill 2024, Queensland Summary: The Revenue and Other Legislation Amendment Bill 2024 aims to update and refine several tax and revenue-related laws in Queensland. [...]

Ingolstadt: Ingolstadt, Germany has issued the following news release: As of January 1, 2025, a new property tax law will also apply in Bavaria. The value of a property no [...]

The 55th GST Council Meeting was held in Jaisalmer on 21 December 2024. The Council has recommended on number of issues including on rate of tax on various goods and [...]

Helsinki, Finland: January will see many changes in Finland as new rules target taxation, social benefits and electricity prices. The new year will see tax changes directly impacting consumers and [...]

Switzerland and India entered into a Double Taxation Avoidance Agreement (DTAA) on 2 November 1994, with subsequent amendments through protocols on 16 February 2000, and 30 August 2010. Notably, the [...]

Certain provisions of the sweeping 2017 tax cuts for individuals, families and businesses, known as the Tax Cuts and Jobs Act (TCJA), expire on December 31, 2025. While a large [...]

Welcome to the November 2024 edition of our UK Tax Round Up. This month has seen publication of the Finance Bill 2024-25 and interesting cases on the loan relationship unallowable [...]

Guernsey has passed legislation to implement the OECD's global minimum tax rate of 15%, known as 'Pillar 2', which will apply for fiscal years commencing on or after 1 January [...]

With their stunning landscapes and favourable business climates, the Caribbean islands of the Cayman Islands and the British Virgin Islands (BVI) are popular among entrepreneurs globally. We delve into the [...]

BRIEF FACTS OF THE CASE1 The assessee, a private discretionary trust liable to pay income tax at maximum marginal rate ('MMR'), had filed its return of income for A.Y. 2022-23 [...]

Corporate taxes: Overview Turkey's basic corporate tax rate has fluctuated in recent years, rising from 22% since 2017 to 25% in 2021 and falling to 23% in 2022, only to [...]

Corporate taxes: Overview Switzerland is noted for its moderate taxation of companies. It remains at the lower end of the corporate tax burden among the wealthier countries of the OECD. [...]

Heavy Industries in Egypt serve as the driving force for development and are the foundation of economic prosperity. Although these industries face complex challenges in the realm of taxation, they [...]

BENIN: Draft 2025 Finance Bill released The Beninese Ministry of Economy and Finance has recently released the draft 2025 Finance Bill. Significant proposed tax amendments, which are to become effective [...]

The recent Autumn Budget introduced a range of significant tax changes that will impact individuals and businesses alike. In our 'Unpacking the Budget' series, we delve into these updates, providing [...]

Introduction The current Canadian wealth situation 'Things don't work as well as they used to.' This is a common refrain voiced by many Canadians today. With the pandemic two years [...]

Daniel Gibson, Trainee Solicitor in our Commercial Property team, highlights some of the amendments proposed in the budget and discusses their potential impacts on businesses and individuals. As part of [...]

In Switzerland, any business with an annual revenue of at least CHF 100,000 is required to register for Value Added Tax (VAT). Choosing the right VAT method when establishing your [...]

As part of the Autumn Budget 2024, the Government announced that the capital gains tax rate on carried interest (a performance-related reward for fund managers enhancing the performance of a [...]

On Budget Day 2024, the Dutch government announced that the gradual scaling back of the 30%-ruling to a 10%-ruling would be reversed. Instead, a 27%-ruling would be introduced, and the [...]

AUTUMN BUDGET 2024 Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to 'invest, invest, invest' to drive growth and 'restore economic stability'. Billions in tax [...]

Summary Yesterday, the Government announced that the CGT rates for carried interest arising on or after 6 April 2025 will increase to 32%, in line with the 4% increase to [...]

2025 Malta Budget The 2025 Malta Budget introduced several initiatives designed to support businesses, promote sustainability, and stimulate economic growth. The following measures represent the key takeaways that will primarily [...]

The Minister of Finance delivered the 2025 Budget Speech on 28 October 2024, announcing that the Maltese economy has grown by 5.9% in real terms in the first 6 months [...]

Byline: MARIUS JONGSTRA Vice-president of market strategy with Rosenberg Research Investor enthusiasm is riding high following the recent rate cut from the U.S. Fed, but the cost of being too [...]

Byline: Tony Romm, Julie Zauzmer Weil The Biden administration on Thursday unfurled new draft rules that could raise taxes on about 100 large, highly profitable companies, some of which pay [...]

Byline: Haley Daugherty Aug. 28The Leechburg Area School Board will not be following through with a promised lawsuit against Westmoreland County after being presented with a possible solution to tax [...]

Byline: CORY LINSNER A new roof installed on an existing commercial building was "new construction" and therefore was an "addition" as defined by statute and the Michigan Constitution, the Michigan [...]