This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below.
Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers.
Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
Bahamas Signs Second TIEA, With Monaco,
by Phillip Morton, Investors Offshore.com
Wednesday, September 23, 2009
The Bahamas government and the Principality of Monaco have concluded negotiations
for a tax information exchange agreement (TIEA).
Bahamas Minister of State for Finance, Zhivargo Laing, and Ambassador of the
Principality of Monaco, Gilles Noghès, signed the agreement at the Bahamas Ministry
of Finance on September 18, 2009.
Laing said both countries have also agreed to continue dialogue towards further
cooperation in the tax area by negotiating a double taxation agreement.
“The Bahamas and Monaco share much in common,” said Laing. “Both
are small nations with the major portion of economic activities concentrated
in the hospitality and financial services industries.”
“We look forward to a productive and cooperative relationship with the
Principality of Monaco as our nations strive to adjust to the changing global
financial and economic landscape and the emerging rules that are being developed
to accommodate it,” he added.
Laing said the Bahamas-Monaco TIEA is the first of many similar agreements the
government expects to sign in the weeks ahead, having made substantial progress
in negotiations with a number of OECD and G20 countries.
“These negotiations are part of the effort made by the government of
the Bahamas to meet its commitment to implement the standards for transparency
and information exchange in tax matters that were developed by the OECD,”
Laing explained, adding: “The government is confident that this agreement
with Monaco and other pending agreements will allow the Bahamas to meet its
commitment within the near future.”
The TIEA signed with Monaco is the second the Bahamas government has concluded,
the first being with the United States on January 24, 2002.
For his part, Noghès said the signing of the agreement marks only the
beginning of cooperation between the two countries, and that within the coming
months a larger agreement between Monaco and the Bahamas will be signed.
Noghes and Bahamas Financial Secretary Ehurd Cunningham also signed an agreement
on Administrative Arrangements for the Implementation of the TIEA.
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
Click here for a brief introduction
to RSS and instructions on how to get the Tax-News feed.
IMPORTANT NOTICE: THE LOWTAX NETWORK has
taken reasonable care in sourcing and presenting the information contained on
this site, but accepts no responsibility for any financial or other loss or damage
that may result from its use. In particular, users of the site are advised to
take appropriate professional advice before committing themselves to involvement
in offshore jurisdictions, offshore trusts or offshore investments. All materials
on this site copyright THE LOWTAX NETWORK 1999 to 2010. Contact
us for further information.