Tax-News.com: The European Council has endorsed an agreement with the European Parliament on reforms to the European Union framework for financial supervision,
but was only able to hold an ‘exchange of views’ on the options available
for the levying …
Tax-News.com: The UK coalition government has decided to do away with the pre-budget report, recently announced late in the year, as it seeks to save Treasury resources and restore the normal cycle of economic policy making.
Tax-News.com: Slovakia’s centre-right coalition government has united on plans to temporarily
increase the rate of value-added tax from 19% to 20% from January 1, 2011,
in a bid to reduce the country’s public deficit.
Tax-News.com: The Irish Revenue Commission has published a guidance document laying out comprehensive information on the application of the High Income Individuals’ Restriction for the year 2010 and subsequent years.
Tax-News.com: With the support of independent parliamentary members and the Greens, the Australian
Labor Party and the Prime Minister, Julia Gillard, have been able to obtain a one-seat majority
in the House of Representatives and will form a new gov…
Tax-News.com: Having abolished nickel and copper export duties in February 2009 after a slump in world prices, Russia’s ministry for economic development is now working with the industry on a formula which would allow the tax to rise and fall in line…
Tax-News.com: After a fall in residential property transactions this year, South Korea’s
government has announced a temporary loosening of mortgage lending restrictions
and a reduction in property taxation.
Tax-News.com: US building materials firm, James Hardie has not yet stated whether it is to appeal a recent Federal Court tax ruling, which upheld the Australian Tax Office’s claims that the firm’s wholly-owned subsidiary RCI Pty Ltd owes back taxes a…
Tax-News.com: The Bermuda Monetary Authority has drawn attention to enforcement action taken
against First Bermuda Group, a Bermuda-based asset management company for a number
of failings related to compliance with recently enacted anti-money launder…
Tax-News.com: During a recent economics conference held in Basel, Germany’s Finance Minister
Wolfgang Schäuble revealed that ongoing negotiations between Germany and
Switzerland regarding a bilateral tax agreement would be completed by the end
of…