SEPTEMBER 16, 2014 | 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

Italian Taxpayers 'Hammered' By High Taxes

CGIA of Mestre, Italy's association of sole traders and small businesses, has pointed out that, because of a record 44 percent tax burden Italian taxpayers had to work until June 11 to pay their taxes.
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EU-China Anti-Customs Fraud Operation Hailed As Success

A major joint customs operation coordinated by the European Anti-Fraud Office and China's Anti-Smuggling Bureau prevented the loss of more than EUR80m (USD103.7m) in customs duties between February and March 2014.
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Costa Rican Tourism Industry Challenges Sales Tax

Costa Rica's National Tourism Chamber has challenged the government's decision to start subjecting all tourism activities to the sales tax.
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Hong Kong Supports New OECD Tax Info Standard

On September 15, the Government indicated, to the Global Forum on Transparency and Exchange of Information for Tax Purposes, Hong Kong's support for the new global standard on automatic exchange of information for the purpose of enhancing tax transparency and combating cross-border tax evasion.
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