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The Internal Revenue Service has released revised versions of its Tax Guide for Aliens and its Tax Guide for Individuals Receiving Income from the United States Possessions – American Samoa, Puerto Rico, the US Virgin Islands, Guam, and the Northern Mariana Islands. Read Full Story
In its recent Asia-Pacific Residential Review, global property consultancy Knight Frank has said that Hong Kong and Singapore have the highest tax burdens on foreign property investors. Read Full Story
Research from UHY Hacker Young has shown that 89 percent of HM Revenue and Customs's total take from the new Annual Tax on Enveloped Dwellings has been collected from London properties. Read Full Story
An independent global real estate consultancy has published a report into proposals for a mansion tax in the UK, warning that one in ten properties defined as "mansions" would be one- and two-bedroom flats, and that to meet revenue targets the threshold would have to be lowered to as little as GBP1.25m. Read Full Story
A recent report from the IMF Executive Board found that the economy of the United Arab Emirates continued to recover in 2012 supported by favorable oil prices, capital inflows and the UAE’s safe-haven status amid the regional political and social unrest. Read Full Story
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