List By Type
News and Media Centre
-
06 Dec 2012 -
White House Rejects GOP Fiscal Cliff Offer
United States House of Representatives Republican leaders wrote on December 3, 2012 to President Barack Obama making their compromise offer of increased tax revenue and spending cuts as a framework to resolve the problems posed by the "fiscal cliff", but it was refused immediately by the White House.
-
05 Dec 2012 -
Bulgaria’s Flat Tax Stays For The Long-Term
Bulgaria's Minister of Finance Simeon Djankov has suggested that the country's low flat tax rate will need to be maintained for the next ten to fifteen years.
-
05 Dec 2012 -
Final 2012 Extension Of China’s VAT Pilot Takes Effect
From December 1, China's State Administration of Taxation has included the Tianjin municipality, and Zhejiang (including Ningbo city) and Hubei provinces, as the final step this year in the expansion of its value added tax pilot scheme.
-
05 Dec 2012 -
Ireland Unlikely To Meet Tax Goals
The Irish government looks set to miss its 2012 revenue goals, based on end-November Exchequer data released just days before Finance Minister Michael Noonan's 2013 Budget.
-
04 Dec 2012 -
HKEx’s Insider Rules To Become Effective
The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, has published the conclusions of its consultation on rule changes to complement the introduction of the statutory obligation to disclose inside information.
-
04 Dec 2012 -
Canada To Amend Tax Rules For Banks
Canadian Finance Minister Jim Flaherty has introduced draft legislative proposals to amend the rules concerning the taxation of Canadian-based banks with foreign affiliates.
-
04 Dec 2012 -
Ukraine Urged To Honor WTO Tariff Pledges
Among matters raised at the latest meeting of the World Trade Organization's Council for Trade in Goods, 23 delegations issued a joint statement urging Ukraine to abandon plans to comprehensively renegotiate the tariff commitments it made in return for membership of the global trade body in May 2008.
-
04 Dec 2012 -
Australia Cracks Down On Illegal Super Schemes
The Australian government has tabled legislation which will clamp down on promoters of illegal early-release superannuation schemes, while individuals will be deterred from accessing their superannuation benefits illegally with the imposition of a punitive tax.
-
04 Dec 2012 -
OECD Assesses Tax Transparency
Tax experts from 22 countries have met in Tokyo to discuss new programs and initiatives to tackle offshore tax evasion, as part of an Organization for Economic Cooperation and Development Forum on Tax Administration.
-
04 Dec 2012 -
Channel Islands Confirm UK ‘FATCA’ Talks
The Chief Ministers of Jersey and Guernsey have confirmed that negotiations are to proceed between the Crown Dependencies and the United Kingdom towards the negotiation of inter-governmental agreements to facilitate a new era of automatic information exchange between the islands and the United Kingdom, to achieve a similar framework as that envisaged by the United States Foreign Account Tax Compliance Act.