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| March 10, 2010 |
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India’s Prime Minister, Manmohan Singh, has announced his intention to expand
the country’s Tax Information Exchange Agreement network, starting with
Bahamas and Bermuda, with whom India has already agreed the text of an agreement.
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| March 10, 2010 |
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UK law firm, Boodle Hatfield, has observed that new trust legislation, due
to enter into force on April 6, will allow those looking to establish new trusts
greater flexibility.
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| March 10, 2010 |
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According to the annual 2009 Sales Tax Rate Report by Vertex Inc., a provider of corporate tax advice, a record-breaking 7 states – in addition to one district – have increased their sales tax rate in 2009 and the average number of sales tax rate changes from 2008 to 2009 has increased by more than 30% compared to the average number of changes from 2000-2007.
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| March 10, 2010 |
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The Organization for Economic Cooperation and Development, the World Trade Organization and the United Nations’s Conference on Trade and
Development have reiterated their calls on leaders of the G20 countries to resist
protectionism, or the prospects for economic recovery may be wiped out.
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| March 10, 2010 |
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New research by a UK consumer group suggests that the music industry
is missing a trick in its efforts to combat illegal music file sharing
by failing to promote the many legal alternatives.
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| March 10, 2010 |
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Additional tax rises or spending cuts of around GBP20bn (USD30bn),
over and above current plans, will be needed by 2013/14 to close the
fiscal gap, according to PricewaterhouseCooper's latest UK Economic
Outlook report.
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| March 10, 2010 |
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Chartered Accountants Ireland has responded to the UK Financial Reporting Council’s
consultation on revisions to the Combined Code on Corporate Governance.
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| March 10, 2010 |
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Dubai’s Financial Services Authority on March 5 signed a Memorandum of Understanding
with the Autorité des marchés financiers of France, the French
securities regulator.
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| March 10, 2010 |
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According to Liechtenstein’s government administration, tax declarations
for the 2009 tax year are to be completed, either in paper format or via the
Internet service 'eTax', by April 16.
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| March 10, 2010 |
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The Caribbean federation of St Kitts and Nevis signed its tenth Tax Information
Exchange Agreement with Australia at a ceremony on March 5.
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| March 10, 2010 |
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As part of Jersey’s aim to promote the island to new markets, Jersey Finance
will visit Abu Dhabi and Dubai next week to promote the benefits of using Jersey
for structuring transactions and for the management of private wealth.
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| March 10, 2010 |
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End of year figures released on March 8, by Guernsey Finance, the promotional
agency for the island’s finance industry, show that the value of investment
funds in Guernsey increased by GBP2.7bn (1.5%) during the final three months
of last year.
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| March 10, 2010 |
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It has recently emerged that Switzerland has created a finance institution for
economic cooperation and development, in a bid to facilitate access to long-term
finance for small- and medium-sized enterprises in developing countries and countries in transition.
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| March 10, 2010 |
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Bangladesh’s Prime Minister Hasina Wazed, has said that stalled talks
towards a free trade agreement with India will be revisited this month.
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