SEPTEMBER 2, 2014 | having difficulty Viewing this email? view THE online version

Welcome to the Tax-News weekly newsletter carries topical headlines and features on international tax, legal, economics, business and investment issues.

Latest Tax-News Special Feature

Cyprus Holding Companies 2014/15

Cyprus Holding Companies 2014/15

In March 2013 Cyprus made global headlines as a result of the unprecedented bail-out agreement with the "Troika" (European Commission, European Central Bank and the International Monetary Fund) in an attempt to avoid a disorderly default...

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Latest Tax-News

China Confirms Electric Car Purchase Tax Exemption

A statement from the Ministry of Industry and Information Technology and State Administration of Taxation has confirmed that China has introduced an exemption from the present 10 percent purchase tax for electric vehicles, with effect from September 1, 2014.
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Tax Measure-Free Budget Planned For Mexico

The head of Mexico's Ministry of Finance and Public Credit, Luis Videgaray, has said that the Government will fulfill its promise not to increase the tax burden in the 2015 Budget.
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Sweden Urged To Review Property Sector Taxation

The International Monetary Fund has advised Sweden to phase out the tax deduction for mortgage interest payments to remove tax breaks for taxpayers who accumulate debt.
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Shanghai FTZ Issues Further Development Plans

It has been announced by Shanghai's municipal government that, as part of the liberalization of services and trade within China's first pilot free-trade zone in the city, eight more international commodity trading exchanges will be established by 2015, while the policy of allowing for wholly foreign-owned international ship management companies is already bearing fruit.
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