SEPTEMBER 10, 2013 | 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

Austria's Faymann Clarifies 'Millionaire Tax' Plans

During a recent television debate, Austrian Chancellor and Social Democrat (SPÖ) party leader Werner Faymann clarified details of his party's wealth tax plans, making clear that the introduction of a so-called "millionaire's tax" would be imposed on wealth in Austria totaling between EUR150bn (USD198bn) and EUR400bn.
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HMRC Writes To Employers Over Missed RTI Deadline

HM Revenue and Customs is in the process of writing to 167,000 employers who have missed one or more deadlines for the new Real Time Information reporting system for Pay As You Earn income tax.
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Canada Freezes Employment Insurance Rate

The Canadian Government has announced that it will freeze the payroll tax rate for employees for the next three years.
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TCI To Join OECD Tax Transparency Convention

The Turks and Caicos Islands will sign the Convention on Mutual Administrative Assistance in Tax Matters on December 01, according to the Council of Europe.
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Hong Kong Warned Of Need For Continued Product Development

In order to consolidate its position as Asia's premier wealth and asset management hub, Norman Chan, the Hong Kong Monetary Authority's Chief Executive, told the Treasury Markets Summit 2013 that Hong Kong needs to continue to improve the infrastructure for its services and products, and to reach out and market to overseas asset managers.
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