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International Tax »

Greek Voters Seek End To Austerity With New Gov't

The election victory of the Coalition of the Radical Left in Greece, commonly known as SYRIZA, has raised concerns that the Party may unwind a number of austerity policies that have been negotiated with international lenders over several years to stabilize the nation's finances. Continue Reading »

International Law »

Hatch: Only Tax Reform Can Cure US Inversions

Senate Finance Committee Chairman Orrin Hatch reiterated his view that the only solution to corporate tax inversions is United States tax reform, during remarks at a conference hosted by the Brookings Institution on January 23. Continue Reading »

Politics & Economics »

Costa Rica's Credit Rating Impacted By 'Slow' Tax Reform

Fitch Ratings has assigned Costa Rica a negative credit rating outlook as a result of fiscal reform delays. Continue Reading »

Offshore »

Dubai Customs Inks MoU With New Free Zone

The customs framework for a soon-to-be-launched free zone, Dubai Design District (d3), has been agreed in a new memorandum of understanding between Dubai Customs and the Dubai Media Free Zone Authority. Continue Reading »

Business »

Canadian Firms Welcome Red Tape Cuts

The Canadian Federation of Independent Businesses has praised the Canada Revenue Agency for cuts to red tape and, in particular, a change to payroll tax remittance thresholds. Continue Reading »

E-Commerce »

Amazon Acts Over Vermont's 'Click-Through' Sales Tax

In what is being seen as a reaction to Vermont's online sales tax legislation, Amazon has added the state to the list of states in which it will not operate its United States associates advertising program. Continue Reading »

Aviation »

South Korea Launches Emissions Trading Scheme

South Korea's carbon emissions trading scheme, a key component of the Government's plan to cut greenhouse gas emissions, became operational on January 12, 2015. Continue Reading »

Marine »

Norway's Commission Recommends Corporate Tax Rate Cut

The Tax Commission, appointed by the Government in March last year to review corporate taxation in Norway in light of international developments, submitted its report on December 2. Continue Reading »

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