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| February 8, 2010 |
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Australia’s Assistant Treasurer, Nick Sherry, has made a statement to parliament
confirming that the government has no intention of releasing the report of the
Henry tax review at this stage.
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| February 8, 2010 |
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Irish Finance Minister, Brian Lenihan has published the Finance Bill 2010,
which gives effect to numerous taxation measures announced in last December’s
budget, including a 0.5% cut in value-added tax and the introduction of a 'domicile levy'.
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| February 8, 2010 |
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The US House Judiciary Subcommittee on Commercial and Administrative Law has sat to discuss 'State Taxation: The Role of Congress in Defining Nexus.' The Tax Foundation advocated a physical presence standard in written testimony, especially in an age of e-commerce.
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| February 8, 2010 |
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Despite being welcomed by Britain's creative and research-intensive industries, a leading think thank has argued that the government's proposed 'patent box' regime will fail to encourage innovation.
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| February 8, 2010 |
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Singapore and Japan have signed a protocol to incorporate into their existing
double taxation agreement the new internationally-agreed Organization for
Economic Cooperation and Development standard for the exchange of information
for tax purposes.
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| February 8, 2010 |
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German banking group Deutsche Bank has announced that it intends to pay around GBP200m (EUR225m) to the British government as a result of the new bank payroll tax.
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| February 8, 2010 |
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Australia’s Assistant Treasurer, Nick Sherry, has announced that negotiations
to update Australia's double taxation agreement with Austria will take place
in March 2010.
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| February 8, 2010 |
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Faced with a budget deficit rising from 5.9% to 6.8% of GDP in 2010, the Russian Ministry of Finance has set up a working group to report by March 1 on the affordability of zero export duties on oil from East Siberia and other means of incentivising development in the East.
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| February 8, 2010 |
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A new pan-European business survey, released on February
1, 2010, has shown that the Ireland continues to lead the way in Europe
as a hub for private and family-owned enterprises involved in investing in
innovation, and in developing new products.
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| February 8, 2010 |
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Jose Luis Luege Tamargo, director of the National Water Commission (Conagua), has joined the debate on tax reform and recommended a tax on drinking water of about 1%, with revenues to be diverted to environmental projects, such as the re-forestation of upper watersheds.
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| February 8, 2010 |
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The Prime Minister and Finance Minister of St Vincent and the Grenadines, Ralph
Gonzalez, delivered his ninth budget speech this month.
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| February 8, 2010 |
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With the dawn of a new year, the Irish government was hoping that the
January 2010 tax take figures would spark murmurs of hope for the Republic's
financial situation. The recently released figures, however, merely show that tax revenues were considerably lower than in 2009.
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