News
- UK Businesses Dissatisfied with HMRC
- 2010-08-27
- A report by TNS-BMRB on behalf of HM Revenue and Customs has revealed that 64% of large businesses have grown more despondent with the UK tax system over the last 12 months, leading to around 20% considering relocating abroad.
- Tax Officials Invade Italian Beaches
- 2010-08-25
- There is currently a wave of checks and controls along the coast of Italy, as tax officials from the Italian Revenue Agency visit ports, beaches, and seaside businesses to try to uncover tax evasion hidden beneath the beach umbrellas.
- Panama Pushes For White List Placement
- 2010-08-24
- Panama’s Deputy Economy Minister, Frank De Lima has said that by the beginning of 2011 Panama should be placed on the Organization for Economic Cooperation and Development’s (OECD's) white list of territories that have substantially implemented the internationally agreed standard for transparency and tax information exchange through the signing of comprehensive Double Tax Agreements (DTAs).
- IRS Strengthens Focus On International Tax Compliance
- 2010-08-06
- The US Internal Revenue Service (IRS) has announced the realignment of its large and mid-size business (LMSB) division to create a more centralized organization dedicated to improving international tax compliance.
- Some Topics Of Tax Consultations Launched In UK
- 2010-07-30
- Inheritance tax avoidance schemes The consultation seeks views on legislation designed to bring inheritance tax, as it applies to the transfer of property into trust, into the disclosure regime, with the objective of addressing the problem of identifying such schemes and users at an early stage. The government seeks interested parties’ views on the detail of implementation;
- IoM Proposes Abolishing Mandatory AGMs
- 2010-07-20
- The Isle of Man Treasury has launched a consultation on a proposal to permit private companies incorporated under the Companies Act 1931 to make an election to dispense with the requirement to hold Annual General Meetings (AGMs).
- Panama's Fiscal Reforms Take Effect
- 2010-07-02
- Important changes to income, value-added and other taxes came into effect in Panama on July 1 as part of a major fiscal reform package designed to secure the country's revenue base. Tax reforms were approved in September 2009 and again in March 2010 under Act No 8, subject to some amendments under Bill 178 this June.
- Gibraltar completes tax regime overhaul
- 2010-06-23
- Gibraltar makes moves to lift "tax haven" tag which includes ending distinction between onshore and offshore business. The Gibraltar government has published a revamped Income Tax Act ending all distinction between “onshore” and “offshore” business in efforts to evolve from "tax haven" to "mainstream European financial services centre."
- San Marino Accuses Italy Of Intransigence
- 2010-06-17
- An official delegation from San Marino, consisting of four ministers, has held a press conference in Rome, to publicise San Marino’s efforts to reach the Organisation of Economic Co-operation and Development (OECD) standards on transparency and the exchange of tax information, and the state of its relationship with Italy.
- Hungary Unveils Economic Action Plan
- 2010-06-10
- Unveiling details of the government’s latest economic plan, Hungary’s Prime Minister Viktor Orban announced a series of tax cuts, designed to reassure investors and calm nervous markets.
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News
- UK Businesses Dissatisfied with HMRC
- 2010-08-27