 |
US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual
‘Special 301 Report’ on the perceived adequacy and effectiveness of
US trading partners’ protection and enforcement of intellectual property
rights (IPR).
|
 |
Finland Adopts Stability Programmes 4/27/2012 The Finish government has recently announced that it has approved both the
Stability and Europe 2020 National Programmes, designed to track medium-term
economic development, and to enable the country to meet its European fiscal
targets.
|
 |
World Economic Forum Issues Global ICT Report 4/6/2012 The World Economic Forum, in collaboration with INSEAD, has issued the Global
Information Technology Report for 2012, which is said to be the most comprehensive
assessment of the preparedness of global economies to leverage the networked economy.
|
 |
Liechtenstein's Nordic TIEAs Enter Into Force 3/30/2012 The Liechtenstein government has recently announced that the bilateral tax information
exchange agreements (TIEAs) concluded with Norway, Finland, Iceland, Greenland
and the Faroe Islands are due to enter into force shortly, following ratification
of the treaties by the relevant contracting parties.
|
|
Finland Unveils 2012 Supplementary Budget 3/28/2012 The Finish government has recently unveiled details of its 2012 supplementary
budget proposal, revising the tax revenue estimate upwards and providing for an
increase in expenditure.
|
 |
EU Divided Over FTT 3/15/2012 Despite months of ongoing discussions, Europe remains divided and seemingly
no further forward on the controversial issue of a financial transactions tax.
|
 |
International Patent Filings Set New Record In 2011 3/7/2012 Despite difficult global economic conditions, international patent filings under
the World Intellectual Property Organization-administered Patent Cooperation
Treaty set a new record in 2011 with 181,900 applications – up 10.7% on 2010 and the fastest growth since 2005.
|
 |
Pokerstars Receives Malta License 2/17/2012 PokerStars has launched Pokerstars.eu under the group’s new license granted by the Malta Lotteries and Gaming Commission, which the company says will provide players with all the benefits of a European Union-issued license.
|
|
Finland Urged To Reduce Labour Taxes 2/15/2012 The Organisation for Economic Cooperation and Development has urged Finland to
accelerate the pace of tax reforms to support fiscal consolidation to tackle the fiscal challenges of an ageing population, particularly by lowering labour taxes to boost employment levels.
|
 |
EU 'Core' Presses For FTT 2/9/2012 French Finance Minister François Baroin has announced that nine European
countries have recently addressed a joint letter to the Danish Presidency of the
European Union calling for work to be accelerated on European plans for a
tax on financial transactions.
|
 |
FTT Will Hit UK Revenues Even With Opt Out 2/8/2012 David Cameron's refusal to sign a new European Union deal will not shield the UK from the impact of a financial transaction tax, Ernst and Young has said.
|
 |
The Seychelles Adds Guernsey TIEA 1/3/2012 The Seychelles has noted the signing of a Tax Information Exchange Agreement with
Guernsey as a significant step in boosting bilateral relations between the two
territories.
|
|
Finnish Lawmakers Adopt Newspaper VAT 11/28/2011 Finnish lawmakers have approved a bill by 108 votes to 61, providing for the introduction
of a 9% rate of value-added tax on newspaper and magazine subscriptions
in Finland from the beginning of 2012.
|
 |
Luxembourg Strengthens Economic Ties With Russia, Finland 11/1/2011 Luxembourg’s Deputy Prime Minister and Foreign Affairs Minister Jean
Asselborn recently carried out official visits to Russia and to Finland to strengthen
economic ties in both countries.
|
|
Finland's 2012 Budget Shifts Taxation Focus 9/19/2011 Finland’s government has unveiled details of its 2012 budget proposal,
providing for cuts in expenditure of around EUR1.1bn (USD1.5bn), and for a raft of fiscal
measures aimed at shifting the focus in taxation away from labour and entrepreneurship,
towards environmental and health-based taxation.
|
|
Switzerland Tops WEF Competitiveness Index 9/9/2011 Switzerland tops the overall rankings in the Global Competitiveness Report for 2011-2012,
released on September 7 by the World Economic Forum.
|
 |
EU Takes Action On Cross Border Mediation And Claims 7/27/2011 The European Commission is to take further action to ensure the application
of the European Union Mediation Directive to resolve cross-border disputes,
whilst also proposing to introduce a new Europe-wide preservation order to ease
the recovery of cross-border debts.
|
 |
USPTO Enhances Its International Patent Programme 7/6/2011 The United States Patent and Trademark Office has announced its participation
in a pilot programme to test an enhanced framework for the Patent Prosecution
Highway.
|
 |
Latin American States Expand Treaty Networks 7/5/2011 Panama and Costa Rica have expanded their tax treaty networks, with the former signing a new double tax agreement, and the latter inking seven tax information exchange agreements.
|
 |
Barbados Initials Nordic Treaties 7/4/2011 Barbados has initialled tax information exchange agreements with three Nordic territories, initialled a tax treaty with Iceland, and added protocols to three existing tax treaties.
|
 |
Irish Tax Credits Remain Attractive 5/10/2011 Seán Sherlock, Ireland's Minister for Research and Innovation has commented
on a new survey which analyses trends in the uptake of the Irish government's
Research and Development tax credit.
|
 |
Macau, Nordic Countries Sign TIEA 5/5/2011 Macau, which is, along with Hong Kong, one of the two special administrative regions
of the People's Republic of China, and the Nordic countries of Denmark, Finland,
Norway, Sweden, Iceland, and the autonomous territories the Faroe Islands and
Greenland, have signed a tax information exchange agreement.
|
 |
Switzerland Seeks To Amend DTAs 4/11/2011 The Swiss Federal Council has recently requested authorization from the National
Council and the Council of States to amend certain double taxation agreements, already approved by parliament, to ensure that they are in line with
internationally applicable standards on administrative assistance in tax matters.
|
 |
Austria, Finland Sign Revised DTA 3/11/2011 Austria’s Finance Minister Josef Pröll and his Finnish counterpart
Jyrki Katainen have recently signed a revised bilateral double taxation agreement, providing for information exchange
in tax matters in accordance with the Organization for Economic Cooperation
and Development’s model convention.
|
 |
Lamy Urges On Doha Participants 2/7/2011 The World Trade Organization’s Director General, Pascal Lamy, as chairperson
of the Trade Negotiations Committee, urged WTO ambassadors on February 2 to
engage in bilateral and small group discussions on resolving key obstacles to
a near-global multilateral free trade agreement, through the Doha Round.
|
 |
Finland's Tax Working Group Presents Final Report 12/27/2010 The working group for developing Finland’s tax system has delivered its
final report to the government, in which it proposes a modest shift of emphasis
from taxation on work to taxation on consumption.
|
 |
EU Launches Multi-Year Review Of Cross-Border Taxation 12/23/2010 The European Commission has published a Consultation, which marks the commencement of a comprehensive multi-year review of the major cross-border issues faced by EU citizens, and proposes solutions for them.
|
 |
China, EU Discuss Untapped Trade Flow Potential 12/22/2010 The EU and China held the second, and final day of their third High Level Economic
and Trade Dialogue on December 21, at what was the first meeting between the two parties
since the entry into force of the Lisbon Treaty.
|
|
Liechtenstein Concludes Multiple TIEAs 12/17/2010 Liechtenstein’s government has recently approved tax agreements in accordance
with the Organization for Economic Cooperation and Development’s model convention with the Nordic States: Norway, Sweden,
Finland, Denmark, Iceland, the Faroe Islands, and Greenland.
|
 |
'Cooperation' Agreed On EU Patent 12/17/2010 Following the inability last month to agree on pan-European patent legislation
between European Union member states, the European Commission will present
a proposal opening the way for some countries to proceed on the basis of 'enhanced
cooperation'.
|
 |
OECD Notes Fall In Global Tax Burden 12/15/2010 The Organization for Economic Cooperation and Development has noted a decline
in revenues during 2009 among its member countries, in cash terms, which it
said was driven by declining economic activity, and tax cuts introduced
to cushion countries’ economies from the downturn.
|
 |
Russia To Review Air Service Agreements 11/12/2010 Russia is ready to review intergovernmental air service agreements, deputy transport minister Valery Okulov said in response to infringement proceedings initiated in October by the European Commission on several such agreements made with European countries.
|
 |
Marshall Islands Signs Nordic TIEAs 10/4/2010 The Nordic Council, comprising of Sweden, Denmark, Norway, Finland, Iceland,
as well as the autonomous territories of Greenland and the Faroe Islands,
has entered into an agreement with the Marshall Islands for the exchange of tax
information to facilitate in the prevention of fiscal evasion.
|
 |
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.
|
 |
Switzerland Tops Competitiveness League 9/13/2010 Switzerland has claimed top spot in The Global Competitiveness Report 2010-2011,
as released by the World Economic Forum on September 9. In the rankings, the United
States has fallen two places to fourth position, overtaken by Sweden (2nd) and
Singapore (3rd), after already ceding the top place to Switzerland last year.
|
 |
Uruguay Stays On OECD Grey List 8/24/2010 Uruguay has reached agreement with India on an information exchange agreement, but for the present will stay on the grey list of the Organisation for Economic Co-operation and Development, since seven of its 12 agreements, including the one with India, still await signature.
|
|
Gurria Calls For New Fiscal Balance 6/30/2010 Addressing the Group of 20 Business Summit, Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development, spoke on the difficulty of balancing fiscal consolidation with the support of a job-rich recovery.
|
|
EC To Begin Excessive Deficit Procedures With Three States 6/22/2010 The European Commission on June 15 decided on the existence of excessive
deficits in Cyprus, Denmark and Finland and recommended deadlines for their
correction to the Council. These steps, taken under Article 126(5-7) of the
Treaty, represent a follow-up to the reports under Article 126(3) that the
Commission presented on May 12.
|
|
OECD And Council Of Europe Strengthen Tax Cooperation 6/1/2010 The Organisation for Economic Cooperation and Development and the Council of Europe have developed a Protocol amending the multilateral Convention on Mutual Administrative Assistance in Tax Matters to bring it in line with the international standard on exchange of information for tax purposes.
|
|
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.
|
 |
EU Member States In Court 5/10/2010 The European Commission has referred Belgium, Finland and France to the European
Court of Justice following the States’ failure to implement the Commission’s
formal requests, which called for amendments to various tax provisions. Also on
May 5, the Commission formally requested that Spain amend its inheritance and
gift tax regime.
|
 |
Fewer European Patents Filed In 2009 4/28/2010 The number of European patent applications filed last year fell for the first time in 20 years, according to data released by the European Patent Office.
|
 |
Industry Denounces ANSP Fee Rise 4/22/2010 Despite the industry's call for all air navigation service providers in Eurocontrol
to freeze or reduce rates in 2010, no fewer than 19 states have proposed increases
over 2009 levels, according to recent statistics released by IATA.
|
|
Multilateral Tax Cooperation Boosted 4/8/2010 The Organisation for Economic Co-operation and Development and the Council of Europe have agreed on an update to an international treaty that aims to help governments enforce their tax laws, as part of the worldwide drive to combat cross-border tax evasion.
|
|
Finland Confirms VAT Hike 4/5/2010 It has recently emerged that the Finnish government has agreed to a
supplementary budget proposal for 2010 containing a number of tax
initiatives.
|
|
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.
|
|
Uruguay Expands Tax Treaty Network 3/30/2010 Uruguay and Finland have signed an agreement to avoid double taxation with respect to taxes on income and on capital. As with all agreements signed recently, Uruguay adopted the international standards and technical recommendations from the Organization for Economic Cooperation and Development.
|
|
Nordic Countries Conclude More TIEAs 3/25/2010 The Nordic Council, comprising of the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden, has recently announced the signing of tax information
exchange agreements with St Vincent and the Grenadines and St Kitts and Nevis.
|
 |
Bahamas Achieves White-Listing 3/12/2010 The Bahamas has achieved a place on the Organization for Economic Cooperation and Development's ‘white list’ following
the signing of Tax Information Exchange Agreements with the seven Nordic economies of
Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden, on
March 10.
|
Page 1
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com 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.
