Tax-News.Com Live Tax Headlines Live Tax Headlines From Tax-News.Com en-us 4/21/2018 2:44:21 AM 4/21/2018 2:44:21 AM Time For Latin America, Caribbean To Hike Tax: World Bank With economic recovery being reported in Latin American and Caribbean states, a new World Bank report says governments must now look to fiscal policy to reduce their deficits. 4/19/2018 5:49:00 PM Think Tank Calls For Scottish VAT Devolution Reform Scotland, a non-partisan think tank, has called for value-added tax powers to be devolved from the UK Government to the Scottish Government, once legal restrictions imposed by EU law are lifted following the UK's from the European Union. 4/19/2018 5:49:00 PM Switzerland Adopts Dispatch On New DTAs The Swiss Federal Council has adopted dispatches on a new double tax agreement with Zambia and a protocol to the current agreement with Ecuador. 4/19/2018 5:49:00 PM Guernsey Regulator Releases Stock Market Integrity Code Guernsey's financial services regulator, the Guernsey Financial Services Commission, has released a draft code on market conduct standards focusing on behavior it considers amounts to market abuse. 4/19/2018 5:49:00 PM UK Revisits Proposed BEPS Changes To Its Double Tax Treaties The UK tax agency, HM Revenue and Customs, on April 16, 2018, released proposed changes to the list of amendments it intends to make to its bilateral double tax avoidance agreements through the OECD's base erosion and profit shifting multilateral instrument. 4/19/2018 5:52:00 PM New Zealand Confirms Virtual Currencies Are Property For Tax Purposes New Zealand has joined a number of territories in confirming this month that virtual currency transactions are taxable as property, in new guidance that was issued at the beginning of the month. 4/19/2018 5:51:00 PM German Industry Cautions Against EU Digital Tax The Federal Association of German Industry has said that proposals for a tax on digital companies will be detrimental to the European economy and exacerbate trade tensions between Europe and the United States. 4/19/2018 5:51:00 PM Sparce Fiscal Room For Irish Budget Tax Cuts The Irish Government will have limited fiscal space available for either tax cuts or new spending measures in its next Budget, according to its latest Stability Programme Update. 4/19/2018 5:51:00 PM Australia Urged To Resist Tax 'Race To Bottom' An open letter organized by The Australia Institute has urged the Australian Government not to join a race to the bottom on tax and to instead focus on tackling tax avoidance and tax loopholes. 4/19/2018 5:51:00 PM Poland To Amend Minimum Tax On Commercial Property Poland has announced amendments to the minimum tax on commercial property, which are designed to align the measure with European Union state aid rules and reduce opportunities for tax avoidance. 4/17/2018 9:22:00 AM