President
Merz Praises Revolutionary
Swiss VAT System,
by
Ulrika Lomas, Tax-News.com,
Brussels
15/09/2009
During
an opening speech of the
High Level VAT Conference,
recently held in Lucerne,
Switzerland’s President
Hans-Rudolf Merz praised
the “revolutionary”
reform of the Swiss VAT
system currently taking
place.
China
Strongly Opposes US
Tire Import Duties,
by
Ulrika Lomas, Tax-News.com,
Brussels
15/09/2009
President
Obama’s announcement
of the imposition of
special duties on imports
of some Chinese tires
has provoked strong
opposition from the
Chinese government,
particularly after a
similar decision earlier
with regard to Chinese
steel pipe.
OECD
Issues Transfer Pricing
Guidelines Updates,
by
Ulrika Lomas, Tax-News.com,
Brussels
15/09/2009
The
OECD has published proposed
revisions to Chapters
I-III of the Transfer
Pricing Guidelines for
Multinational Enterprises
and Tax Administrations.
|
Brazil
To Rein In Fiscal Support
As Economy Improves,
by
Mike Godfrey, Tax-News.com,
Washington
16/09/2009
The
Brazilian government has
disclosed that, following
a return to strong growth
in Q2 2009, along with
promising signs of economic
recovery, it will allow
previously introduced
temporary tax breaks to
expire and instead stimulate
the economy through marginally
increasing spending and
easing the cost of borrowing.
Netherlands
Antilles, Aruba Meet
White List TIEA Quota,
by
Ulrika Lomas, Tax-News.com,
Brussels
16/09/2009
The
Nordic countries on
September 11 signed
tax information exchange
agreements with Aruba
and the Netherlands
Antilles. The new agreements
are 'part of a campaign
led by the Nordic Council
of Ministers to encourage
greater efforts to prevent
international tax evasion',
according to Norden.
Swiss
Federal Council Approves
US, Finland DTAs,
by
Ulrika Lomas, Tax-News.com,
Brussels
16/09/2009
The
Swiss Federal Council
has approved the revised
double taxation agreements
negotiated with the
US and with Finland.
|
Italy
Launches Tax Amnesty,
by
Ulrika Lomas, Tax-News.com,
Brussels
17/09/2009
Italy’s
Revenue Agency (Agenzia
delle Entrate) has issued
the necessary forms to
be completed to make declarations
under the country’s
new tax amnesty.
Switzerland
Overtakes US In Global
Competitiveness Rankings,
by
Ulrika Lomas, Tax-News.com,
Brussels
17/09/2009
Switzerland
tops the overall ranking
in The Global Competitiveness
Report 2009-2010, released
today by the World Economic
Forum. The United States
falls one place to second
position, with weakening
in its financial markets
and macroeconomic stability.
Singapore's
MoF Introduces TIEA
Legislation,
by
Mary Swire, Tax-News.com,
Hong Kong
17/09/2009
Singapore’s
government has introduced
the Income Tax (Amendment)
(Exchange of Information)
Bill, which seeks to
bring local tax laws
in line with the OECD
standard for the exchange
of information for tax
purposes. |
