The European Commission has approved proposals for reductions to France's octroi de mer tax, which is levied on goods imported to France's outermost regions and locally produced goods. Read Full Story
The European Commission has announced that Netherlands must abolish an exemption from corporate tax for its six seaports, to align the regime with EU state aid rules, and separately has called on Belgium and France to align their tax regimes for ports with state aid rules.Read Full Story
The French overseas ministry has recently confirmed that fuel prices will be reduced in the island of Réunion by 8 cents per litre from March 1 until the end of the year, following a tax agreement reached with the French department’s local authorities.Read Full Story
The 2009 Geneva agreement on European Union import tariffs for bananas from Latin American countries, which is designed to end the longest-running dispute in the history of international trade, has received the backing of the European Parliament.Read Full Story
The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in the UK during an official visit to the city of London, which will include a series of meetings between high-level officials and parliamentary bodies, the Caribbean Tourism Organization said. Read Full Story
Commenting upon the release of the International Monetary Fund’s World Economic Outlook Report, Chief of the World Economic Division, Petya Koeva Brooks, warned that the Caribbean region can expect a protracted recovery from the financial economic crisis, despite a return of more favorable conditions globally.Read Full Story
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