Month: April 2017

Australia Introduces Single Touch Payroll

The Australian government introduces a real-time reporting system to streamline the reporting of tax and superannuation by employers. The government initiated the process when it passed the Budget Savings - Omnibus Bill - September 2016. Under the proposed legislation, a new electronic reporting…

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Brazil Withdraws Payroll Tax Cuts

In a key policy this year, the Brazilian government has concluded that in order to meet the fiscal target of this current year and maintain balanced accounts, they must cut R$42.1 billion from their planned expenses in 2017. This will impact almost all…

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The Importance of India’s Newly Passed GST Bill

On March 29, 2017, India’s lower house of parliament passed the historic Goods and Services Tax (GST) bill. This key legislation was passed after a nine-hour marathon debate in the parliament that has put India’s dream of becoming “one nation, one tax regime”…

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