DECEMBER 13, 2011 | having difficulty Viewing this email? view THE online version

Welcome to the weekly newsletter, carries topical headlines and features on international tax, legal, economics, business and investment issues.




Latest Tax-News Special Feature Special Feature: Malta E-Gaming Review 2011/12

In the autumn of 2000 the Maltese government passed legislation enabling online betting centres to be set up in the country, and this legislation, coupled with provisions from the Income Tax Act written specifically for international companies, made Malta an attractive location for casino and sportsbook operations. Malta became the first EU member state to regulate internet gaming in May 2004 with its Remote Gaming Regulations under the Lotteries and Other Games Act 2001.


A large number of companies from around the world expressed interest in Malta, including Stanley Leisure, William Hill, Ladbrokes, Paddy Power, Unibet, GC Sports, International Allsports, and Eurofootball.


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Latest Tax News


Singapore Tops Asia-Pac 'Good Governance' Index

Vriens and Partners, an Asia-focused corporate advisory firm, has issued its 2011 'Good Governance for International Business' index of 19 economies in the Asia-Pacific region, in which Singapore has edged out Hong Kong for the number one position.
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Sarkozy Stands By France's Fiscal Commitments

While acknowledging that a downgrading of the country's triple A rating by credit rating agencies would certainly pose an additional difficulty, French President Nicolas Sarkozy nevertheless insisted that it was not an insurmountable problem, underlining the need above all for credibility as regards France's economic policy and its determined strategy to reduce spending. Read Full Story »


Italian Tax Man Renews Agreement With Soccer Clubs

The Italian Revenue Agency has signed a protocol with the Italian national football federation which will renew, until February 28, 2013, regulation and control over the tax affairs and fiscal compliance of the clubs within the football federation's ambit.
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New Zealand Protests UK Aviation Tax Hike

The UK's decision to increase Air Passenger Duty has sparked fierce criticism in New Zealand and Australia, with Prime Minister John Key fearing that the tax will put 'a significant burden on New Zealand businesses'.
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Fast Promotes Canada Trade And Tax Benefits In Germany

Canada's International Trade Minister has been promoting his country's impending free trade agreement with the European Union by stressing that it will create more jobs and prosperity on both sides of the Atlantic.
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