Taxback.com has recently launched a dedicated service for royalty withholding tax. Artists and musicians who receive royalties from the US are taxed at substantial rates; however careful tax planning can offset tax liabilities and drastically reduce the amount of tax due. Read more...

New Zealand is one of the few countries actually reducing taxes in the global financial crisis and for Kiwi taxpayers these changes come into effect next week on April 1st. Once the 08/09 tax year ends on March 31st the earnings threshold for the middle-income tax...

A new agreement between Jersey and the UK allows HMRC direct data access to subsidiaries of UK companies, aiming to clamp down on tax evaders. The UK has already signed similar agreements with Guernsey and Isle of Man. With this new data access, the UK...

Australian superannuation contributions are mostly paid by post, which is losing in excess of 1 billion each year in transaction fees and late allocation. Super payments can take as much as 80 days to arrive at the beneficiary account – a period that no interest...

The Rudd Government has decided to invest $2.6 billion to help families with the costs of education in the 2009 academic year. 1.2 million families across Australia receiving Family Tax Benefit Part A (FTB‑A) are expected to receive the one‑off lump sum payment of $950...

Tax increase on alcopops simply won’t work. This is what most Australians seem to agree on these days. While it was meant to curb alcohol access for youngsters, recent data shows the overall consumption has not decreased, but simply shifted towards other types of booze....

California Controller John Chiang announced he has begun releasing more than $2.8 billion in payments which were earlier withheld as the state dealt with an estimated $42 billion budget deficit. On February 20th State Governor Arnold Schwarzenegger signed a budget package intended to close deficit...