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EU Funding To Boost Caribbean EPA Implementation 5/25/2012 The Caribbean Development Bank and the European Union have agreed to fund a multi-million facility to aid members of the Caribbean Community in implementing the necessary reforms to allow them to fully benefit from the preferential trade conditions provided for in the CARIFORUM-EU Economic Partnership Agreement.
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France Publishes Revised 2012 'Black List' 4/26/2012 French Finance Minister François Baroin and Budget Minister Valérie
Pécresse have recently updated the country’s ‘black
list’ of countries deemed to be ‘uncooperative’ in tax matters.
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CARICOM Trade Bloc 'In Crisis' 3/1/2012 The Caribbean Community, an economic bloc among Caribbean territories, is at breaking point, according to a document circulated among its fifteen member states which urges rapid structural and operational reform.
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UK, Caribbean Talks Focus On APD 1/25/2012 Leaders from Caribbean nations and the United Kingdom agreed at the end of a two-day summit an action plan to establish 'a new and improved strategic partnership to promote prosperity'. Importantly, the UK government committed to reopen negotiations to mitigate the impact of the UK's air travel tax on Caribbean territories.
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IMF Commends Belize's Fiscal Policies 11/3/2011 The International Monetary Fund in its Article IV consultation with Belize has
commended the authorities on progress made towards their fiscal goals, while maintaining
stronger than the regional-average economic growth.
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CARICOM Welcomes Progress Towards FTA With Canada 10/5/2011 Caribbean Community Secretary-General Irwin LaRocque has welcomed progress
towards the CARICOM-Canada Trade and Development Agreement, and praised Canada's
'keen and earnest approach'.
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Caribbean Territories Sign Up To Anti-Corruption Drive 9/15/2011 A number of offshore Caribbean territories have notified their consent to receive
on-site visits to evaluate their compliance with the Inter-American
Convention against Corruption.
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CARICOM To Discuss EU EPA 6/3/2011 The Caribbean Community is to press forward with its implementation of the European Union Economic Partnership Agreement, with an impending meeting expected to discuss the deal's intricacies.
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CARICOM To Suspend Common External Tariff 5/27/2011 Members of the Caribbean Community look set to suspend their Common External Tariff in the battle against the rising cost of fuel and commodities in the region.
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CARICOM Outlines Trade Negotiation Priorities 5/20/2011 As members of the Caribbean Community gather to discuss the region's external trade agenda, CARICOM has released a snapshot of what it calls the state of play of ongoing negotiations.
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CARICOM To Hold Talks On EU Trade Deal 5/11/2011 During an important upcoming round of talks, members of the Caribbean Community are to discuss the implementation of the CARIFORUM-EU Economic Partnership Agreement, which aims at establishing a trade relationship which promotes the gradual integration of the CARIFORUM countries into the world economy.
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No New Taxes In Budget For Belize 3/16/2011 The Belizean Prime Minister has kept his pledge to introduce no new taxes on businesses or the public, with his 2011 Budget instead pushing for improved fiscal administration.
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No New Taxes For Belize, PM Says 2/18/2011 Discussing fiscal policy ahead of the Budget, scheduled for March 11, Belize Prime
Minister, Dean Barrow, said the government is planning no new taxes in the coming fiscal year as tax revenues rebound.
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MEPs Approve Deal On Latin American Banana Imports 2/8/2011 The 2009 Geneva agreement on European Union import tariffs for bananas from
Latin American countries, which is designed to end the longest-running dispute
in the history of international trade, has received the backing of the European
Parliament.
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Caribbean Sharpens Response To Financial Crime 1/19/2011 In an effort to sharpen the regional response to transnational organized crime,
the Caribbean Community Implementation Agency for Crime and Security and the Caribbean
Financial Action Task Force have signed an agreement, laying down a framework for combating
financial crimes including money laundering.
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Netherlands Notes Tax Agreements' Entry Into Force 12/30/2010 The Netherlands government has announced the ratification of a revised double
tax agreement with the United Kingdom, approved by the Netherlands’ Senate in late December.
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Belize Announces Land Tax Amnesty 12/17/2010 The Belizean government has announced the launch of a land tax amnesty, which
will allow Belizean taxpayers to settle outstanding tax balances with the Lands
and Survey Department with concessions given on penalties.
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UK Slammed For Turks And Caicos Intervention 10/11/2010 The Caribbean Community has released a statement noting its 'great concern' that the British government has decided to postpone general elections in the Turks
and Caicos Islands indefinitely.
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Belize Signs TIEAs With Nordic Countries 9/22/2010 Belize has signed tax information exchange agreements with seven Nordic countries, which will allow for the sharing of tax-related information in accordance with the standards established by the Organization for Economic Cooperation and Development.
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Caribbean Intensifies Lobbying Against UK Air Tax 9/8/2010 The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in
the UK during an official visit to the city of London, which will include a
series of meetings between high-level officials and parliamentary
bodies, the Caribbean Tourism Organization said.
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Caribbean Is Urged To Adopt VAT 8/12/2010 Owen Arthur, the former Prime Minister of Barbados,
has described value-added tax as the best option for the Caribbean region
in the age of trade liberalization.
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Central America Plans Customs Union 7/29/2010 Presidents and high level officials from Belize, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Panama have met to adopt a 'comprehensive agenda' on regional integration.
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Canada Begins TIEA Negotiations With Four States 7/26/2010 The Canadian government has announced that, in the last two months, negotiations
towards establishing official lines of cooperation between the Canada Revenue
Agency and third countries’ tax authorities have begun with four countries.
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Netherlands To Sign TIEAs 7/7/2010 The Dutch government has united on plans put forward recently by Dutch Finance Minister Jan Kees De Jager to conclude tax
information exchange agreements with Uruguay, Mauritius and Brunei, in a
further endeavour to combat tax evasion.
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South Korea Looks For FTAs In Central America 7/6/2010 South Korea’s President, Lee Myung-bak, has held recent meetings with the
leaders of Panama and the other countries in the Central American Integration
System, Colombia and Mexico, and has attempted, with each, to progress
discussions on bilateral free trade agreements.
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OECD: Three More Caribbean Islands Make The Grade 5/21/2010 Dominica, Grenada and Saint Lucia have been moved into the category of jurisdictions considered to have substantially implemented the standard on transparency and exchange of information, having now all signed at least 12 exchange of information agreements conforming to the standard.
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Brazil Calls For Mercosur-Caricom FTA 4/28/2010 During the CARICOM-Brazil Summit on April 26, delegations from the Caribbean Community and Brazil discussed enhancing trade ties following the opening of the Takutu River Bridge in September 2009, which creates a physical link between Guyana and Brazil.
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Belize Nears 'Grey-List' Removal 4/13/2010 Recent Tax Information Exchange Agreements signed by Belize have shored up the
jurisdictions's international reputation, and have brought it nearer to substantially implementing
the internationally-agreed standard in tax transparency.
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Australian TIEA Network Expands 4/2/2010 Australia's Assistant Treasurer, Nick Sherry, on April 1 announced the signing of a
further seven Tax Information Exchange Agreements as Australia's efforts
to achieve greater transparency in tax matters gather pace.
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OECD Promotes Multilateral TIEAs 3/31/2010 The Organisation for Economic Co-operation and Development has developed a new approach to negotiating tax information exchange agreements involving multilateral negotiations, in order to assist developing countries with resource constraints.
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UK Signs TIEA With Belize 3/31/2010 The UK government on March 25 announced the signing of a Tax Information Exchange
Agreement with Belize, which will allow the sharing of information between the
respective countries’ tax authorities on civil and criminal tax matters.
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Belize Budget Hikes Taxes 3/29/2010 The Belizean government has presented measures in its 2010 budget to counteract
the fall in tax revenues experienced during 2009/10.
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Darling Leaves UK Tax On Hold 3/25/2010 Delivering the government's last budget before the general election,
Chancellor Alistair Darling decided against any further increases in
income tax over and above those measures he has already announced.
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World Bank Assesses Caribbean Debt 3/17/2010 Staff at the World Bank have been tasked with assessing the debt profile of
indebted Caribbean nations to advise on policy approaches to alleviate their
individual deficits, World Bank President, Robert Zoellick, announced on March
11.
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Belize Will Avoid Sanctions, Reassures PM 2/15/2010 Belizean Prime Minister, Dean Barrow has announced that the territory
will receive recognition as a territory that has substantially-implemented the
internationally-agreed standard in tax information exchange before the next Organization for Economic Cooperation and Development forum to be held in Seoul, South
Korea, in March.
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