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Latest Tax-News

Austria's Future Coalition United On Taxation

Marking a significant step closer to a future coalition alliance in Austria, the Social Democrats and the Austrian People's Party have united on a raft of tax measures, aimed at consolidating the public finances and at ensuring a structural "zero deficit" in 2016.
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US Accountants' Concern At Any Cash Accounting Limitation

In a letter to the United States Senate Finance Committee, the American Institute of Certified Public Accountants has expressed its opposition to any limits on the cash method of accounting, as is proposed in the tax reform discussion draft on cost recovery and accounting released recently by its Chairman Max Baucus.
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Swiss SMEs Support Flat Tax

Switzerland's main trade association SGV usam, representing small- and medium-sized enterprises in the Confederation, has welcomed the "clear" decision by the Swiss Council of States to reject the people's initiative, calling for an end to the controversial foreigners' flat tax regime, based on the cost of living rather than on the individual's wealth or income.
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