 Dear
Subscriber,
Czar Vladimir XXV (otherwise known to you and me as Mr Putin) has evidently been reading the Financial Times; or maybe his aides picked up the idea from Mr Cameron or Mr Sarkozy at Davos two weeks ago. Whatever, he has realized that bashing the rich is a good gimmick when you're facing election and your ratings are way down. Putin's particular take on rich-bashing is to invent a tax on the oligarchs' 'ill-gotten' gains from privatization in the 1990s.
If it's just a piece of electoral propaganda, then fair enough, I suppose. From any other perspective it's daft, like Roi Nicholas's financial transactions tax. First of all, which oligarchs does he have in mind? Among those who rose to prominence in the 1990s, several are in exile, one is in prison, and the rest are his partners in Kremlin Incorporated, the world's largest industrial combine. So he is going to tax himself. Oh well, anything to get re-elected.
Continue
Reading
|
| |
| Lowtax Expatriate Briefing |
| Sponsored by World Offshore Banks |
|
Life for the average expat can be challenging enough, what with acclimatising to a new culture, overcoming language barriers, dealing with foreign bureaucracies, worrying if your money is safe in the local bank, fretting about whether the kids will settle into their new school - the list could go on for quite some length. However, there is one very important factor that we haven’t mentioned - and one which could bring even the most savvy expat into a cold sweat at the mere thought of - and that is the dreaded ‘t’ word. Yes, you’ve guessed it, tax. Continue
Reading
|
| |
|
Today's Top Headlines |
|  US Congress Strikes Payroll Tax Deal
United States Republican and Democrat Congressional leaders have agreed a format for the extension of the payroll tax cuts and unemployment benefits from the end of this month, following intense pressure from President Barack Obama. Continue
Reading
|
| |
|  Ireland Unveils New Tax Incentives
Tax reform features heavily in Ireland's new Action Plan for Jobs, a package designed to boost job creation and establish Ireland as the best small country in which to do business. Continue
Reading
|
| |
|  BASIC Countries Slam EU Carbon Tax On Airlines
The 10th BASIC Ministerial Meeting on Climate Change, held recently in New Delhi, has heavily criticized the inclusion of international aviation in the European Union Emissions Trading Scheme. Continue
Reading
|
| |
|  Juncker 'Confident' On Greek Bailout Deal
Luxembourg's Prime Minister and President of the Eurogroup Jean-Claude Juncker has underlined his confidence that the Eurogroup will indeed be able to implement all the necessary decisions regarding Greece's second adjustment programme during its forthcoming meeting on February 20. Continue
Reading
|
| |
|  IRS Underlines Independence Of Appeals Office
The United States Internal Revenue Service has updated the existing rules on permissible communications between its other offices and the Office of Appeals, aimed at ensuring that the latter remains an independent and flexible vehicle for taxpayers in settling audit and collection-related disputes. Continue
Reading
|
To continue reading please visit: Tax-News.com |
|
|
