Mon, 30 Aug 2010 00:00:00 GMT
The US Internal Revenue Service (IRS) has said that it may drop a lawsuit against
Swiss bank UBS after the Swiss government announced on August 26 that its examination
of approximately 4,450 UBS clients accused of evading US taxes.
Wed, 1 Sep 2010 00:00:00 GMT
As part of its election manifesto, the Swedish government has announced tax cut
and spending measures worth SEK32.7bn (USD4.4bn).
Tue, 31 Aug 2010 00:00:00 GMT
Finance Minister, Pravin Gordhan, has confirmed that he recently met with the
chief executive officers of the seven motor vehicle manufacturers in South Africa
to discuss their concerns about the introduction of vehicle carbon emissions
taxation in the country.
Mon, 30 Aug 2010 00:00:00 GMT
To promote the increased use of Thailand as a site for international film-making,
and support movie production in the country, the government has proposed tax
incentives for foreign actors and filmmakers.
Tue, 31 Aug 2010 00:00:00 GMT
VAT assessment practices of the Spanish Tax Agency have been found unlawful by an administrative court.
Thu, 2 Sep 2010 00:00:00 GMT
Amidst fears that the property market could be overheating, Singapore’s
government has announced immediate measures aimed at maintaining price stability,
while also saying that it will continue to monitor the situation closely and
will introduce additional measures if required later.
Thu, 2 Sep 2010 00:00:00 GMT
The European Commission has announced the launch of a consultation on tackling
cross-border inheritance tax obstacles within the European Union.
Fri, 27 Aug 2010 00:00:00 GMT
A report by TNS-BMRB on behalf of HM Revenue and Customs has revealed that 64% of
large businesses have grown more despondent over the UK tax system during the last 12
months, leading to around 20% considering relocating abroad.
Wed, 1 Sep 2010 00:00:00 GMT
The Indian Cabinet has given the go ahead for the Direct Taxes Code Bill, which will simplify and rationalize both corporate and personal income taxes.
Wed, 1 Sep 2010 00:00:00 GMT
In further remarks on the United States economy, President Obama has emphasized
that, while there is no single step that will reverse the economic damage wreaked
by the recession, the tax and investment incentives contained in the Small Business
Jobs Bill would benefit businesses and the economy immediately.
Thu, 2 Sep 2010 00:00:00 GMT
The United Arab Emirates’ Minister for the Economy, Sultan Bin Saeed
Al Mansouri has told business leaders that the comprehensive rewrite of companies
legislation is in its final stages.
Tue, 31 Aug 2010 00:00:00 GMT
The Channel Islands, Guernsey and Jersey, have announced that they are seeking
to recruit high-calibre representatives for the roles of “Director of
European Affairs” and “European Affairs Adviser” for the soon-to-be-opened
Channel Islands’ Brussels office.
Fri, 27 Aug 2010 00:00:00 GMT
Mexico's President, Felipe Calderon, has said that he is unlikely to recommend tax increases in the 2011 budget after opposition parties had rejected previous initiatives to broaden the tax base.
Mon, 30 Aug 2010 00:00:00 GMT
French budget minister, Francois Baroin, has expressed admiration over Germany’s
“spectacular” economic performance following a recent visit to Berlin,
and suggested that France should become more fiscally aligned with its neighbour.
Mon, 30 Aug 2010 00:00:00 GMT
The meeting of the Association of Southeast Asian Nations (ASEAN) Economic
Ministers (AEM), held on August 24-25, 2010, in Da Nang, Vietnam, reaffirmed
their resolve to ensure the realization of the ASEAN Economic Community (AEC)
in 2015.
Fri, 27 Aug 2010 00:00:00 GMT
A speech in Cleveland by the Republican minority leader in the United States
House of Representatives, John Boehner, attacking the Obama administration’s
tax policies, provoked an immediate response from the White House and Vice-President
Joe Biden.
Mon, 30 Aug 2010 00:00:00 GMT
The German cabinet has adopted the coalition government’s draft restructuring
law (Restrukturierungsgesetz), providing crucially for the introduction of a bank
levy in Germany.
Tue, 31 Aug 2010 00:00:00 GMT
A senior UK Treasury minister has said that present levels of taxation will
have to remain in place for the duration of the five-year parliament in order for the government to achieve its deficit reduction plans. 