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Latest Tax News


US Senate Democrats Drop Estate Tax Sweetener

The US Senate Democrats have recently dropped their plans for estate tax changes from 2013 as part of the planned Bush tax cuts extension.
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French Lawmakers Bury Sarkozy's Tax Legacy

Following four days of intense and at times bitter debate, the French National Assembly has finally adopted the government's 2012 supplementary finance bill, providing for an increase in compulsory levies totalling around EUR7.2bn (USD8.8bn) this year.
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Asian Gambling Industry Invests In Philippines

Investments in the gaming industry in the Philippines are booming thanks in part to the government's strategy of luring investors to Manila with the help of lower taxes and other incentives.
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Rajoy Attacked Over Spanish Energy Tax

Energy companies and investment funds are increasing pressure on Spanish Prime Minister Mariano Rajoy to pull back from controversial energy market reforms that could substantially increase the tax burden on both the renewable and non-renewable sectors.
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APEC Business Calls For Progress Towards Asia-Pac FTA

The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on liberalizing and facilitating regional trade and investment, leading ultimately to a Free Trade Area of the Asia Pacific.
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