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.
Germany's Merkel Reprimands Tax Rebels,
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, July 02, 2009
Determined to present a united front this week, as her party, the Christian Democratic
Union (CDU), finally unveils its election programme, German Chancellor Angela Merkel
successfully managed to silence remaining tax rebels ahead of the ratification
meeting.
Unanimously approved by both the CDU and its Bavarian sister party the Christian
Social Union (CSU), the election programme contains a number of pledges to cut
taxes, although a firm date for implementation of the agreed tax reforms remains
as yet unconfirmed.
Vehemently rejecting proposals put forward recently by party dissidents to
raise taxes following the elections, leaders of both parties, Angela Merkel
(CDU) and Horst Seehofer (CSU), reprimanded those involved, fiercely criticising
them for expressing their opinions at such a crucial time, especially given
that a clear course has already been set by the party. Chancellor Merkel has
repeatedly refused to increase taxes, maintaining that to do so would prove
severely damaging to the economy.
Baden-Württemberg’s Head of Government Günther Oettinger recently
evoked the idea of raising certain reduced VAT rates, in exchange for lowering
other rates, while Sachsen-Anhalt’s Head of Government Wolfgang Böhmer
proposed to increase the top rate of income tax.
Despite an outward display of unity, however, mounting tensions between the
two parties may yet threaten the Union’s fragile relationship. Eager to
announce a concrete date for the introduction of the various tax cuts, the CSU
party is already signalling 2011 as a possibility. Nevertheless, up until now,
the CDU has rejected this request.
Key tax measures outlined in the Union’s election programme include the party's pledge to lower the first rate of income tax in two stages from
14% to 12%, and its commitment to increase the threshold for the top rate of
income tax progressively from EUR52,000 to EUR60,000.
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.
TAX-NEWS.COM
Free Tax-News Feed