CNBC Tax News

    Tax News

    • American Firms Concerned By Canadian Digital Tax Plan
      on November 25, 2019 at 12:00 am

      Representatives from US trade and industry associations have voiced concern about a digital services tax proposal floated during the recent Canadian election which they argue will "impose discriminatory requirements on the digital economy."

    • Slovenian Lawmakers Approve Corporate Minimum Tax Plan
      on November 15, 2019 at 12:00 am

      On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes.

    • Warren Announces US Corporate Tax And Wealth Tax Plans
      on November 8, 2019 at 12:00 am

      On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules.

    • BVI Issues Final Economic Substance Rules
      on October 28, 2019 at 12:00 am

      On October 9, 2019, the British Virgin Islands International Tax Authority has finalized rules governing the application of the territory's new economic substance requirements, which became effective from January 1, 2019.

    • New Zealand Adds To Real Property Tax Reform Plans
      on October 18, 2019 at 12:00 am

      New Zealand has released a new consultation on proposals to further clarify the deductibility of holding costs (rates, interest, insurance, etc.) where land that is subject to tax on sale is used privately while it is held.