![]() |
Malaysian Budgetary Efforts Stunted By Economic Slowdown 2/16/2012 The International Monetary Fund has said Malaysia surpassed fiscal consolidation targets in 2011 as a result of better-than-budgeted revenue performance and efforts to broaden the tax base. The IMF has warned, however, that the government may be required to rein in austerity measures at the cost of consolidation as the economy slows in 2012.
|
![]() |
Canadian Budget Deficit Shrinking 12/29/2011 The Canadian monthly budgetary deficit has fallen markedly year-on-year, to CAD2.2bn (USD2.15bn) in October,
down from CAD4.1bn reported during the same month a year earlier, according to the latest Fiscal Monitor published
by the Canadian Ministry of Finance.
|
![]() |
CFCs To Benefit From New UK Tax Regime 12/8/2011 A major overhaul of the UK's controlled foreign company rules has been welcomed by tax experts, who conclude that the proposed new regime will go a long way towards changing the negative perceptions of the UK's corporate tax regime among multinational businesses.
|
![]() |
Tax Incentives Feature In Malaysia's 2012 Budget 10/11/2011 In what is considered to be the last before he calls for elections, the Malaysian
Prime Minister and Minister of Finance, Datuk Seri Najib Tun Abdul Razak, recently
introduced a 2012 Budget that was full of tax breaks and incentives.
|
![]() |
Reports Reject US Foreign Profits Tax Holiday 10/7/2011 Two new studies, from both sides of the political spectrum, have denied that,
if a tax break for United States companies repatriating profits from their overseas
operations was to be re-instated, additional investment and jobs would be created
in the American economy.
|
![]() |
India To Open Eight Overseas Tax Units 3/18/2011 The Indian Minister of State for Finance (Revenue) Shri S S Palanimanickam has announced that the government has made plans to launch eight new Income Tax Overseas Units in France, Germany, Netherlands, Cyprus, USA, UK, UAE and Japan in the next financial year.
|
![]() |
Dunne Outlines NZ Tax Reforms 3/17/2011 Continuity and change was the theme of Peter Dunne’s speech
to the International Fiscal Association Conference in Wellington last week.
|
![]() |
Senate Kills Anti-Offshoring Bill 9/30/2010 A bill which proposed a payroll tax holiday to companies hiring American workers to replace those at a foreign-based operation whilst removing tax breaks from those companies moving operations abroad has been voted down by the Senate.
|
![]() |
UK To Forge Ahead With Corporate Tax Reform 9/22/2010 Mark Hoban, the Financial Secretary to the UK Treasury, confirmed in a speech on September 20 the government's desire to move the country towards a more territorial system of corporate taxation.
|
![]() |
IOM Treasury Share Regulations Effective 5/11/2010 The Isle of Man has introduced regulations to permit publicly traded companies
to purchase and hold a maximum of 10% of their own shares in treasury, making
publicly traded Isle of Man companies more competitive.
|
![]() |
UK CFC Regime Must Not Burden Business 4/21/2010 The Institute of Directors has urged the UK government to tread with care over how it implements new controlled foreign companies regime proposals, which, it warns, could have a major bearing on UK tax competitiveness.
|
![]() |
ATO Loses BHP Tax Case 3/22/2010 The Australian Taxation Office has lost its appeal in the Federal Court,
in which it had been claimed that more than AUD2.1bn of bad debts write-offs
arising from two loans made to related companies by BHP Billiton Finance,
the BHP group’s finance company, could not be claimed as deductions against
corporate income tax.
|
Page 1
|
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.