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Latest Tax-News Special Feature


Cyprus Review 2012/13: Holding Companies


A lot has happened to Cyprus over the past 12 to 18 months as the country found itself caught up in the conflagration of the Eurozone debt and banking crisis. As a result, some taxes have been raised on both individuals and companies, but, on the whole, Cyprus remains an attractive jurisdiction for holding companies.


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Latest Tax News


Hollande To Unleash EUR20bn Tax Tidal Wave In 2013

Faced with an acute crisis and significant drop in popularity in the polls, French President François Hollande has announced that the country's 2013 budget will provide for additional taxes next year of EUR10bn (USD12.8bn) for both households and businesses in France.
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WTO Panel Established In India-US Steel Dispute

The World Trade Organization's Dispute Settlement Body has appointed a panel at the behest of India to mediate on a complaint in relation to American countervailing measures on certain hot-rolled carbon steel flat products from India.
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UK Unveils Tax Break For North Sea Fields

Older North Sea oil and gas fields are to benefit from a new UK tax break designed to stimulate investment, the Chancellor George Osborne has announced.
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Ireland Ignores IMF Property Tax Advice

Irish Finance Minister Michael Noonan has rejected the International Monetary Fund's call for a 0.5% property tax. The rate proposed is thought to be at least twice that currently under consideration by government ministers.
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Indian Finances Hit By Low Corporate Tax Revenues

Gross direct tax collection in India rose by 6.51% during April-August, but hopes for reaching a 15% annual target have been hit by poor corporate tax performance.
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