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International Tax »

Greece Wavers On Fiscal Reforms

Greece’s ruling coalition parties have so far failed to reach an agreement on whether or not to accept the painful terms of the second international bailout package, reluctant to implement further austerity measures to secure the EUR130bn (USD170bn) deal. Continue Reading »

International Law »

UK Extracts Record Tax Revenues From Big Business

Contradicting the belief that the UK tax authority, HM Revenue and Customs, has 'gone soft' on big business, recent figures show that record revenues were raised from enquiries into large companies last year. Continue Reading »


Politics & Economics »

Guernsey Prepared For Change To UK QROPS Rules

Guernsey Finance - the promotional agency for the island's financial services industry has confirmed that the Guernsey government will act to protect local providers of QROPS pension arrangements if the UK tax authority, as expected, pushes ahead with changes to its QROPS regime, expected to be introduced from April 6, 2012. Continue Reading »

Offshore »

Switzerland Records Weak Foreign Trade In 2011

The strong Swiss franc and the gloomy outlook for the global economy have affected Swiss foreign trade, according to the latest figures released by the Swiss Federal Department of Finance. Continue Reading »


Business »

Indonesia, Pakistan Sign Expanded Trade Deal

In an effort to increase economic cooperation between the two countries, and as a possible forerunner to a full bilateral free trade agreement, Indonesia and Pakistan signed a preferential trade agreement on February 3 in Jakarta. Continue Reading »

E-Commerce »

US, Japan Make Progress On Trade Issues

The United States and Japan have seen 'important progress' on a range of trade and regulatory issues, as well as on new areas of joint cooperation, that should expand trade opportunities for producers and consumers in both countries, according to US Trade Representative Ron Kirk. Continue Reading »


Aviation »

Tax Stymies Indian Aviation Sector

Changes to India's tax policy on the aviation sector are paramount to securing the massive investment required to establish India as one of the top five civil aviation markets in the world, which is the government's goal. Continue Reading »

Marine »

US Congress Looks At Maritime Tax Issues

The United States House of Representatives Ways and Means Subcommittee on Oversight has held a hearing on harbour maintenance funding and maritime tax issues, with a focus on the Harbour Maintenance Trust Fund and Harbour Maintenance Tax, and the tax treatment of foreign shipping operations. Continue Reading »

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