News Stories Tagged 'legislation amendments'
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Bahamas Overhauls Corporate Services Provider Rules
by Jason Gorringe, Lowtax.net, London
22 March, 2018
The Securities Commission of the Bahamas has released a package of draft legislation in connection with its initiative to modernize the regulation of financial and corporate service providers.
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Guernsey Committee Tells Gov't To Drop Tax Hike Plan
by Jason Gorringe, Lowtax.net, London
23 June, 2017
Guernsey's Policy and Resources Committee (P&R) has called for the Government to reject newly proposed tax plans that it said would increase the tax burden on families by GBP750 (USD953).
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Gibraltar To Offer Foundations
by Jason Gorringe, Lowtax.net, London
04 April, 2017
Gibraltar's Parliament recently passed a bill permitting the establishment of Private Foundations.
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Jersey Completes CbC Reporting Consultation
by Jason Gorringe, Lowtax.net, London
12 August, 2016
Jersey's Government has published the feedback it received on its proposal to introduce a new country-by-country reporting requirement for multinationals.
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Singapore Consults On Automatic Info Exchange
by Mary Swire, Lowtax.net, Hong Kong
13 July, 2016
Singapore's Ministry of Finance is inviting public feedback on draft regulations that would enable Singapore to automatically exchange tax-related information with other countries under the OECD's Common Reporting Standard.
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Hong Kong's Tax Info Exchange Legislation In Effect
by Mary Swire, Lowtax.net, Hong Kong
01 July, 2016
The Inland Revenue (Amendment) (No. 3) Ordinance 2016, which provides a legal framework for Hong Kong to implement the new international standard for automatic exchange of financial account information in tax matters, went into effect on June 30.
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Saint Kitts And Nevis Introduces Late Tax Payment Penalty
by Mike Godfrey, Lowtax.net, Washington
29 April, 2016
Saint Kitts and Nevis has introduced a penalty on unpaid income tax equal to 10 percent of the owed amount, and has halved the late filing penalty to five percent of the owed amount.
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Isle Of Man To Regulate Crowdfunding
by Jason Gorringe, Lowtax.net, London
05 April, 2016
The Isle of Man has announced that it will regulate crowdfunding activities and, separately, it will tighten the rules for company directors and officers.
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Singapore Consults On Tax Amendment Bill
by Mary Swire, Lowtax.net, Hong Kong
29 June, 2015
Singapore's Ministry of Finance is conducting a public consultation until July 24, 2015, on the draft Income Tax (Amendment) Bill 2015, which mainly relates to corporate and personal income tax changes announced in the 2015 Budget Statement.
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Belize Removed From CFATF Grey List
by Mike Godfrey, Lowtax.net, Washington
11 June, 2015
The Caribbean Financial Action Task Force has removed Belize from its special monitoring regime following the enactment of new legislation.
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