IRS
Issues Proposed Regulations
On Use Of Taxpayer Information,
by
Glen Shapiro, LawAndTax-News.com,
New York
04/01/2010
The
Internal Revenue Service
is inviting public comment
on proposed regulations
adjusting the use of some
taxpayer information.
S&P
Cuts Bahamas' Credit
Rating,
by
Glen Shapiro, LawAndTax-News.com,
New York
04/01/2010
Credit
rating agency Standard
and Poor’s has
cut the Bahamas’
long-term sovereign
credit rating by one
notch to BBB+, or three
notches into investment-grade
territory.
Landline
Tax Consultation Launched
In UK,
by
Jason Gorringe, Tax-New.com,
London
04/01/2010
The
UK Treasury has launched
a consultation on a
proposed landline duty
to fund a nationwide
high speed broadband
internet access rollout,
as flagged up in the
'Digital Britain' report
published in July 2009.
|
Bahamas
On Track For OECD Tax
Transparency Goal,
by Phillip Morton, Investors
Offshore.com
05/01/2010
The
Bahamas government has
announced that that it
has now concluded Tax
Information Exchange Agreements
with 23 countries, and
is expected to be recognized
by the Organization for
Economic Cooperation and
Development as a territory
that conforms to internationally
agreed standards in this
regard.
Netherlands
Introduces End Of Year
Tax Measures,
by Ulrika Lomas, Tax-News.com,
Brussels
05/01/2010
The
Netherlands government
has announced a number
of end of year measures
that will enter into
force during 2010, including
alterations to the value-added
tax regime, the taxation
of cars, inheritance
and gifts, and enhanced
incentives for innovation.
ASEAN
Internal Tariffs Reduced,
As FTA With China Is
Effective,
by
Mary Swire, Tax-News.com,
Hong Kong
05/01/2010
From
January 1, trade tariffs
within the Association
of Southeast Asian Nations
reduced further and
a free trade agreement
with China came into
effect. Both of these
events are expected
to lead to a significant
increase in trade and
investment in the region.
|
Australian
Panel Calls For Executive
Pay Tax Changes,
by Mary Swire, Tax-News.com,
Hong Kong
06/01/2010
Australia’s
Productivity Commission
has issued its report
on executive remuneration,
in which it recommends
that the government should
make legislative changes
to remove the cessation
of employment trigger
for the taxation of equity
and options, that would
otherwise qualify for
tax deferral.
Vodafone's
Tax Appeal Rejected
By UK Supreme Court,
by
Robin Pilgrim, LawAndTax-News.com,
London
06/01/2010
In
a little-publicized
ruling, the UK Supreme
Court has refused to
hear a legal appeal
launched by mobile telecommunications
firm Vodafone against
a GBP2.2bn claim by
HM Revenue and Customs
for unpaid corporation
tax relating to its
takeover of German telecoms
company Mannesman in
2000.
German
Constitution Permits
Tax On Bankers' Bonuses,
Report Shows,
by Ulrika Lomas, Tax-News.com,
Brussels
06/01/2010
According
to a report published
by the Research Services
of the German parliament,
the country’s
constitution does not
categorically rule out
the possibility of introducing
a special tax on bankers’
bonuses. |
