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.
Eastern Caribbean Considers Travel Levy To Prop Up Economy,
by Amanda Banks, Tax-News.com, London
Wednesday, January 21, 2009
Countries of the Organisation of Eastern Caribbean States (OCES) are looking at
a proposal in principle to implement a USD3 levy on airline tickets for persons
travelling to the OECS and the wider Caribbean from overseas markets.
At a meeting of the OECS Authority and the Eastern Caribbean
Central Bank (ECCB) Monetary Council, in Basseterre, the St. Kitts capital, on
Thursday and Friday, member states agreed in principle, subject to the determination
of the specific functions and cost of operations, to the possibility of setting
up an OECS Tourism Authority with the capacity for planning, coordinating, regulating,
marketing and research and development, which will initially function as a secretariat
to the Executive Committee of Ministers.
“The proposed Tourism Authority will initially play a coordinating role,
working in tandem with OECS Ministries of Tourism, and drawing on the resources
of the ECCB and the OECS Secretariat. Member states agreed to collaborate more
closely in the marketing of the region,” said the statement.
“They agreed in principle, subject to agreement by the wider Caribbean,
to the implementation of a USD3 levy on airline tickets for persons travelling
to the OECS and the wider Caribbean originating in overseas markets; the proceeds
of which will be used to establish a sustainable funding mechanism to ensure
adequate public funding of regional market campaigns,” said the communiqué.
The meeting recognised that tourism is the most important economic activity
in the OECS region, and that the sector's performance in 2008 reflected a significant
downturn, resulting in job losses and cutbacks in hotel development projects.
Projections for 2009 are that the downward trends will continue and may worsen,
particularly in light of the continued recession in the major tourism source
markets.
It was agreed that member states would provide a short term tax relief package
to the hotel industry tailored to the individual circumstances of individual
member states, on condition that the industry takes proactive innovative measures
to preserve employment levels, increase operating efficiency and reduce operating
costs.
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.