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This feed is published daily with selected new or updated content from across our network. For a list of network sites, many of which feature daily news, see below.

 
29/07 New Lowtax Editor Column, by Kitty Miv
28/07 New PBTG Editor Column, Caroline, PBTG editor
27/07 UK Launches Raft Of Tax Consultations, Tax-News.com
26/07 Fat Tax On The Menu , Jeremy Hetherington-Gore blog entry
23/07 Sarkozy Seeks 'Fiscal Convergence' With Germany, Tax-News.com
20/07 Singapore Base For Tuvalu OIFC, Tax-News.com
19/07 Expats Turn Backs On US Taxes, Tax-News.com
16/07 Congress Approves US Financial Reform Bill, Tax-News.com
15/07 New Lowtax Editor Column, by Kitty Miv
15/07 St Vincent & The Grenadines, Investors Offshore special feature
13/07 Tax-News.com Jersey Review 2010-2011
12/07 Goodbye To All That, Jeremy Hetherington-Gore blog entry
09/07 Antigua Pursuing Trade Sanctions Against US, Tax-News.com
08/07 New Lowtax Editor Column, by Kitty Miv
06/07 Hong Kong Full PBTG Guide, added to Personal Business Tax Guide
05/07 Australian Mining Tax Agreement Reached, Tax-News.com
02/07 Online Trading For Expats, Investors Offshore special feature
29/06 EC To Extend Common System Of VAT, Tax-News.com
28/06 Lowtax Dubai, annual update
25/06 Jersey Considers Tax Future, Tax-News.com
22/06 VAT Hiked In UK Emergency Budget, Tax-News.com
21/06 Steady Progress In TPP Negotiations, Tax-News.com
18/06 Singapore - Another Hong Kong?, Investors Offshore special feature
15/06 Swiss Parliament Approves UBS Agreement, Tax-News.com
14/06 Ethical Moonshine, Penelope Wise blog entry
11/06 Germany Purchases Stolen Tax Data Disc, Tax-News.com
08/06 Dubai Full PBTG Guide, added to Personal Business Tax Guide
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17/05 Offshore And The Euro, Jeremy Hetherington-Gore blog entry
14/05 IO Focus: Barbados, Investors Offshore special feature
03/03 Personal Business Tax Guide, PBTG, has launched!
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Flaherty Tells Canadians Not To Expect More Tax Cuts, by Mike Godfrey, Tax-News.com, Washington 08 February 2008

Despite the threat of an economic slowdown, Canadian Finance Minister Jim Flaherty has signalled that he does not intend to prop up the economy with a fresh round of tax cuts in the upcoming budget, and will instead concentrate on reducing the government's debt.

Flaherty told reporters on Wednesday that while there remains room for fiscal measures in the budget, the government was sticking to its pledge to reduce the public debt by CAD10 billion, starting with a CAD3 billion cut in the coming fiscal year.

"No one should expect large tax reductions in this budget," he stated, reiterating that the government has already introduced billions of dollars in tax cuts for comanies and individuals, equal to about 1.4% of Canada's GDP.

"That is a huge stimulus to the Canadian economy - much more, for example, than our American colleagues are thinking of doing in the United States," he observed, pointing to the $150-billion US fiscal stimulus package designed to keep that country out of recession this year.

Flaherty also argued that after cutting taxes by about CAD10 billion, the government should concentrate on fiscal stability.

"I think most Canadians would say this is a time for steady economic management, steady hand on the tiller, make sure that we navigate our way through this time of economic slowness until we're back in a time of more significant economic growth," he reportedly explained.

The Canadian Finance Minster refused however, to confirm speculation that he would announce the next federal budget on 26th February, revealing only that the budget will come before the conclusion of the fiscal year at the end of March.

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