From the tax consequences of low-interest loans to sales tax, here’s what our tax professionals are talking about this week.

South Africa recorded the smallest first-quarter shortfall on its main budget since the government raised income taxes six years ago, boosting the National Treasury’s efforts to narrow the overall deficit.

Who, exactly, is a tax professional? Our series for Insights aims to answer that question. This week’s spotlight is on nonprofit lawyer Kayci Petenko.

The U.K. has released details of a plan to force online marketplaces like Amazon.com Inc. and eBay Inc. to report vendors’ sales and tax information to the authorities.

For decades retailers have held onto the sales taxes they collect from consumers for weeks before sending those funds to state revenue agencies.

Turkey extends tax discounts for business rentals, food services. transportation until end of September, Treasury and Finance Minister Lutfi Elvan said in a Twitter post.

China’s former commerce minister called for greater predictability in government policies to preserve foreign investment in the country following the sudden regulatory clampdown on private education that roiled financial markets.