October 11, 2011 | having difficulty Viewing this email? view THE online version


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New UK Tax Crackdown Targets Tutors

The UK tax authority, HM Revenue and Customs, has turned its attention to private tutors and coaches with undeclared tax liabilities, as part of its ongoing clampdown on tax evasion.
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Germany To Lower Plane Ticket Tax

Germany's highly controversial plane ticket tax is to be lowered next year to compensate for additional costs arising from the extension of the European Union's emissions trading scheme to flights over Europe from January 1, according to the German finance ministry.
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China Extends Resource Tax Nationwide

China's State Council has announced that the resource tax on domestic sales of crude oil and natural gas will be extended nationwide, with effect from November 1, 2011.
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Brazilian Economic Potential Stifled By Tax Regime

Brazil's potential to attract significant Foreign Direct Investment is being stifled by the complexity of the country's tax regimes and the high tax rates in place, according to the European business association BusinessEurope.
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France Eyes Domestic Oil Tax Rise

The French government is reportedly considering the idea of reducing the existing tax break on domestic oil used as motor fuel by farmers, in return for lowering social contributions in the agricultural industry.
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Andorra Readies New Taxes

During a recent official visit to France, the head of the Andorran government Antoni Marti Petit, accompanied by President of the Andorran parliament Vicenc Mateu Zamora, confirmed plans to introduce a range of taxes in the principality in 2012.
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German State Seeks Higher VAT Share

Baden-Wurttemberg's Finance and Economy Minister Nils Schmid has recently urged the coalition government to allocate a greater portion of its value-added tax revenues to the federal states to enable them to adhere to the debt brake rule.
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Anguilla Resents Rising Tax Burden

In meetings with the government, Anguilla's hospitality industry has sucessfully won government support for abandoning a 10% tax on restaurant bills and car rentals, previously agreed by Anguillan authorities and the UK government as part of efforts to tackle the deficit.
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