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Armenian, Latvian Tax Agencies Sign Cooperation Pact 5/4/2012 The tax authorities of Latvia and Armenia have agreed to cooperate more deeply
on fiscal compliance issues, during a four-day meeting which culminated in the
signing of a memorandum of understanding.
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Germany Stalls On ACTA 2/14/2012 Following rumblings of discontent against the agreement in other European Union countries, it has been disclosed that the German government will delay its
signing of the Anti-Counterfeiting Trade Agreement until the European Parliament has given its approval.
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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.
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EU Tax Burdens Stabilize 1/17/2012 Following three years of decline, European Union nations' tax-to-GDP ratios remained broadly level in 2010, the latest year for which detailed tax revenue statistics are available for all member states, as governments begin to consolidate their fiscal positions. In the euro area the downward trend in tax revenues continued, but decelerated in 2010, with a slight drop to 40.2% of GDP.
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Eurostat Notes Rising Consumption Tax 7/7/2011 According to a recent study conducted by Eurostat, the statistical office of the
European Union, the global financial and economic crisis has changed the
fiscal shape of Europe.
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European Council Adopts Fiscal Package 4/4/2011 The European Council has recently adopted a comprehensive package of measures,
designed to respond to the crisis, preserve financial stability and boost growth,
while at the same time strengthening economic governance and competitiveness
of both the euro area and the European Union.
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Baltic States Maintain Commitment To Fiscal Discipline 1/13/2011 In agreement that economic recovery in all three Baltic States is faster than
expected, the finance ministers of Latvia, Estonia and Lithuania also underlined
the fact recently that a strong commitment towards fiscal discipline must be
maintained.
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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.
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UK Leads EU Tax Rate Hikes 10/12/2010 New research from KPMG has shown that workers in the United Kingdom are suffering more than most as a result of post-crisis tax policy, with the UK’s
personal income tax rates now the fourth most punitive in Europe, up from thirteenth
a year prior.
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EC Targets Latvia's Biofuel Tax 10/6/2010 The European Commission has requested that Latvia amend its discriminatory rules
on the taxation of bio-fuel from other European Union member states.
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Malta, Cyprus Off Italian Blacklist 8/2/2010 The Italian Ministry of the Economy has issued amendments to the relevant legislation,
by which Malta and Cyprus have been removed from the country’s ‘blacklist’
of tax havens.
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