SEPTEMBER 13, 2011 | 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

EU Examines Air Passenger Rights

The European Economic and Social Committee of the European Union has said more needs to be done at industry level to protect the rights of air travellers after identifying various deficiencies. Read Full Story »

Obama Targets Tax Breaks To Pay For Jobs Programme

The bill which President Barack Obama has sent to the United States Congress, giving effect to his USD447bn package of tax cuts and federal infrastructure spending, includes tax break reductions and an offset trigger for the Joint Select Committee on Deficit Reduction. Read Full Story »

IMF Recommends Hike In Japan's Consumption Tax

While Prime Minister Yoshihiko Noda's new government seems to be looking to bind both ruling and opposition parties into a gradual tax-increasing policy, the International Monetary Fund has indicated that it believes Japan's economy could absorb more substantial consumption tax hikes. Read Full Story »

Spain's Rubalcaba Seeks Wealth Tax

Alfredo Perez Rubalcaba, leading candidate for Spain's Socialist Party in the run up to the forthcoming elections in November, recently unveiled details of his election programme, containing plans to reintroduce wealth tax in Spain as well as to introduce a bank tax. Read Full Story »

Read more latest news » Special Features

The Goose That Lays The Golden Egg – And How Europe Risks Killing It!

Top rates of tax are on the rise across Europe as governments look to those with the broadest shoulders to bear the increasingly heavy burden of government debt which is weighing down several European Union member states... Read full feature »

Where Next For Japan As Kan Falls On His Sword?

Yoshihiko Noda has become Japan's sixth Prime Minister in six years since Junichiro's Koizumi's five-year spell as PM ended in 2006, a revolving door of leaders indicative of the political elite's failure to get to grips with the country's deep-seated fiscal problems which have piled up following two decades of economic stagnation... Read full feature »

Advantage Canada

'Advantage Canada: Building a Strong Economy for Canadians', was the name of the long-term economic plan announced by Finance Minister Jim Flaherty in November 2006 which targeted the elimination of Canada's total government net debt within a generation while reducing taxes across the board... Read full feature »

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