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.
Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers.
Lowtax Network Sites
Lowtax Network 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.
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.
German Law Against Tax Evasion Proves Futile,
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 11, 2010
Germany’s new and highly controversial law against tax evasion has virtually
been overridden by events: the Finance Ministry has revealed that it is simply
unable to identify any jurisdiction that fulfils the conditions required for its
application.
The law, containing severe sanctions for anyone with links to so-called “tax
havens,” was adopted by the previous grand coalition government, and entered
into force in Germany at the end of September last year.
Since then, finance officials have been unable to apply the law, as the Organization
for Economic Cooperation and Development’s (OECD) “black list”
of countries deemed uncooperative in tax matters simply no longer exists. The
law therefore remains merely a threat – for the time being at least.
Bowing to increasing international pressure in the wake of the global financial
crisis, those countries that had initially been placed on the OECD’s infamous
black list, have now agreed to cooperate fully in tax matters, and to adhere
to the OECD standards on information exchange.
However, given that certain jurisdictions remain on the OECD’s “grey
list” of countries who have officially agreed to cooperate in take matters
in order to combat tax evasion, although have failed to take action in this
respect, Germany's political opposition are eager to maintain the law. The Finance Ministry
is considering possible future amendments.
Protect
Yourself and Your Assets against Devaluation of the Dollar, Currency
Controls, tax hikes and nationalization!
Discover legal ways to protect what is rightfully yours.
Truth revealed about Secure Multi-currency Banking, Family Foundations,
offshore gold/silver storage, Second Passports and more. Get your
"plan B" in place. Don't suffer from the crisis - profit from
it!
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.