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Jamaica Commended for Tax Progress 27 Aug 2013 | 04:56 am
KINGSTON – The government of Jamaica is making praiseworthy progress to making the country’s tax system more efficient, simpler, and broader. Last week the International Monetary Fund (IMF) issued a n...
French Taxes at “Fateful Point” 26 Aug 2013 | 04:19 am
PARIS – France must shift its focus away from tax hikes and look towards spending cuts. In an interview with the newspaper Le Journal du Dimanche on August 25th the vice-president of the European Comm...
Cyprus Eases Up Property Taxes 23 Aug 2013 | 04:47 am
NICOSIA – The government of Cyprus is adjusting the tax treatment of property in order to ease obligations for some taxpayers, while reducing administrative costs for the government, and raising the a...
Direct Tax Code Comes Closer to Reality for India 22 Aug 2013 | 05:08 am
NEW DELHI – India is slowly approaching the eventual implementing a long-awaited update to the national tax system, as Ministers hash out final tweaks to the country’s proposed new tax legislation. On...
Italy Turns High-Tech to Fight Evasion 21 Aug 2013 | 04:23 am
ROME – Italy has extended its arsenal of tools to combat tax evasion, with a new system to automatically red-flag taxpayers who are likely to be tax dodgers. On August 19th the Italian Revenue Agency ...
Bitcoins Fall Under Tax Hammer 20 Aug 2013 | 04:14 am
BERLIN – Germany has taken a step towards recognizing Bitcoins as a legitimate currency, enforcing new rules to tax the virtual payment system. Late last week the Ministry of Finance of Germany confir...
UK to Tax Overseas Gambling Operators 19 Aug 2013 | 07:32 am
LONDON – The government hopes to collect GBP 300 million more per year by tightening the tax net on online gambling. Late last week the HM Treasury released a discussion paper on new rules for the tax...
Corporate Tax Cuts Off the Table in Japan 16 Aug 2013 | 07:24 am
TOKYO – Cutting corporate tax rates may be a long-term goal for Japan, but the government is not in a position to slash the tax in the near future. Despite the recent media speculation that the govern...
HMRC Losing Out on 20 Billion Per Year 15 Aug 2013 | 08:05 am
LONDON – The UK government could fund billions in public sector projects and could even retract numerous spending cuts if national tax authorities could raise their own operating efficiency. The UK go...
India Takes First Step to Tax Reform 14 Aug 2013 | 06:26 am
NEW DELHI – The government of India is going to improve the national tax system and implement international standards for tax management, by removing legislative ambiguity, and by establishing a frien...
