June 4, 2013 | having difficulty Viewing this email? view THE online version

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Tax-News.com carries topical headlines and features on international tax, legal, economics, business and investment issues.

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France, Germany Push For EMU Fiscal Convergence

Ahead of the European Council meeting in June, France and Germany have set out their plans to strengthen and to deepen Economic and Monetary Union, underlining the importance of fiscal convergence in this process.
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Italian Small Businesses Fearful Of VAT Rate Hike

CGIA of Mestre, the Italian association of sole traders and small businesses, has warned again of the effect of the further value-added tax rate hike, expected next month, on family finances, domestic consumption and small businesses in Italy.
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Switzerland Unifies Criminal Tax Law

The Swiss Federal Council has recently submitted for consultation a bill which aims to unify the Confederation's criminal tax law, thereby "eliminating" current weaknesses in the system and increasing legal certainty.
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Australia, NZ Finalize Pensions Portability Scheme Rules

Australia and New Zealand have finalized arrangements for a new trans-Tasman retirement savings portability scheme.
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