MARCH 13, 2012 | having difficulty Viewing this email? view THE online version

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Latest Tax News


Eurogroup Backs Second Greek Bailout Deal

Following months of gruelling negotiations, euro zone finance ministers finally gave their seal of approval to a second EUR130bn (USD170bn) bailout package for Greece, during the latest European Council meeting in Brussels.
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Sarkozy, Hollande Lock Horns On Taxation

With just a month and a half to go before the start of the elections, French presidential candidates Nicolas Sarkozy and his Socialist rival François Holland have once again crossed swords on the key battleground issue of taxation.
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Deputy PM Backs UK 'Tycoon Tax'

The UK's Deputy Prime Minister Nick Clegg has voiced his support for a 'tycoon tax', with a minimum tax rate enshrined in legislation to make sure everyone pays a 'fair share'.
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Tax Simplification Body Reviews UK Share Schemes

The Office of Tax Simplification has put forward its recommendations on UK tax advantaged share schemes, designed to encourage take up, and reduce the burdens on those offering the schemes.
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TPP Talks Make Further Headway

The Office of the United States Trade Representative has stated that the prospective Trans-Pacific Partnership free trade partners – Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the US, and Vietnam – made further strong headway during the recent eleventh round of negotiations in Melbourne.
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Philippines Delays Hike In Mining Taxes

Following concerted opposition from within the sector, the proposed executive order to increase the Philippine government’s revenues from mining contracts, which was to have been issued by President Benigno Aquino last month, has been delayed.
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