The week's tax news in one handy summary.
New Zealand Tax
- These would be also good principles for any accountants or tax advisors running trust accounts
- Likely many were no longer required | Number of foreign trusts plunges following tough new rules
- NZ businesses want GST law change as international online retailers pocket Government millions
- Inland Revenue's July 'Agents Answers' includes a useful update on the GST online changes
- This is very significant so take a look. Submissions close on 28th July
- In between the anti-Trump protests serious work going on | Tax enforcement high on this weekend's G20 agenda
- South Australia to introduce a 4% stamp duty surcharge on residential property purchases by foreign buyers
- Targets foreign sellers | Sellers of Australian property face new 12.5% tax on sale of $750,000 or more
- Staggering indeed | Tax commissioner Chris Jordan says 'staggering' $165m Plutus scandal tarnished ATO reputation
- Should NZ follow the ATO's announcement yesterday to focus on minimising tax gaps? Quality of the data is a key point as this critic notes
- Expected to be in force from Jan 2019 | Europe takes action against promoters of cross-border tax planning schemes
- EU Parliamentary Committee wants fully public beneficial ownership register for trusts & fiduciaries
I follow interesting tax news stories from around the world and share them on Twitter.
These are a selection of our best tweets from the previous week.