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Proposals by UK opposition party Labour to increase corporation tax would reduce investment from multinational companies, two think tanks have said. Read Full Story
The European Commission's investigation into an advance tax ruling for Apple will take between three to five years, Irish Finance Minister Michael Noonan has said. Read Full Story
The latest arbitration ruling under their bilateral Softwood Lumber Agreement, which held against US allegations that Canada had under-priced lumber entering its market, was a disappointment for the Office of the United States Trade Representative, but welcomed by Ed Fast, Canada’s Minister of International Trade. Read Full Story
Flouting plans by the federal coalition government in Berlin to reduce taxes in Germany from 2013, the Christian Democratic Union party’s finance committee in Saxony-Anhalt has called for nationwide tax rises to be introduced to consolidate the public finances. Read Full Story
The United States Trade Representative, Ron Kirk, has announced that the United States is requesting arbitration with Canada under the 2006 Softwood Lumber Agreement regarding the under-pricing of timber harvested in British Columbia. Read Full Story
The United States has requested consultations with Canada under the 2006 Softwood Lumber Agreement regarding the apparent unfair under-pricing of timber harvested from public lands in British Columbia, the latest in a series of spats over bilateral lumber trade. Read Full Story
Australia’s Assistant Treasurer, Nick Sherry, has welcomed the introduction into parliament of a tax reform bill which includes a measure to protect investors in recently-collapsed forestry managed investment schemes. Read Full Story
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