Lowtax Network
Content Update | Issue XII | 21 June 2007
ONLINE VERSION: HTTP://WWW.LOWTAX.NET/NEWSLETTER/CONTENT_UPDATE_XII.ASP


Dear Colleague,

This week:

I hope you find this update useful. Please remember that you can customise your mailing preferences by visiting your own profile page to choose from 29 offshore tax and law subjects in order to receive just the information you want. You can also unsubscribe completely by following the instructions at the bottom of this page.

Kind regards,

Kate James


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New Development!
OFFSHORE SERVICE PROVIDERS DIRECTORY

We are currently putting the finishing touches to our new service directory platform. The new environment will allow offshore service providers to update their free standard entries using a convenient, secure, online control panel. Upgrades to enhanced listings will also be available, including advanced integration with service provider websites. Additionally service providers will be able to decide on which pages, sections and categories they should appear.

The existing Lowtax Service Directories enjoy high traffic and click-throughs. We intend to continue this growth by improving the accuracy of our listings and promoting the directory extensively over the coming year.

We will be rolling out the new directory in stages so that we can monitor the deployment closely. The British Virgin Islands Offshore Service Providers Directory will be the first to benefit from this new technology.

Standard inclusion in the directory is free, we just ask that you keep your details up to date! If you would like to be involved in the release, and benefit from launch-partner status, or to upgrade your entry, please let us know by contacting directory@lowtax.net.

 
Tax-News Headlines

Lords Say UK Corporate Tax System Is Too Complex, by Robert Lee, Tax-News.com, London 21/06/2007
A House of Lords committee has criticised the government over its latest tax moves to 'simplify' taxation for small businesses and has recommended that a more 'determined and consistent' effort is made to improve the UK tax system and ultimately its international competitiveness. [ FULL STORY ] .
US Energy Tax Bill Goes Before Senate, by Mike Godfrey, Tax-News.com, Washington 21/06/2007
By a vote of 15-5, the Senate Finance Committee has approved an updated package of clean energy tax incentives for consideration by the full Senate, although the proposals have attracted inevitable criticism from oil and gas companies, who will shoulder much of the $32 billion cost of the bill through loss of tax breaks. [ FULL STORY ] .
NATP Explains Expensing For Second Home Owners, by Leroy Baker, Tax-News.com, New York 21/06/2007
The National Association of Tax Professionals (NATP) has reminded US taxpayers that if they receive income from renting a vacation home to others, which will be taxable, certain expenses may be deducted. These expenses, which may include interest, taxes, casualty losses, maintenance, utilities, insurance, and depreciation, will reduce the amount of rental income that is taxed. [ FULL STORY ] .

LawAndTax-News.com

Australia

CURRENT BUSINESS LAW DEVELOPMENTS
CORPORATE MULTINATIONAL TAXATION
DOING BUSINESS IN AUSTRALIA
THE RALPH CORPORATE TAX REFORMS
AUSTRALIA LAWANDTAX-NEWS

Bahamas

FORMS OF COMPANY
LAW OF OFFSHORE
INTERNATIONAL AGREEMENTS
DIRECT CORPORATE TAXATION
OFFSHORE LEGAL AND TAX REGIME

Barbados

FORMS OF COMPANY
LAW OF OFFSHORE
INTERNATIONAL AGREEMENTS
DIRECT CORPORATE TAXATION
OFFSHORE LEGAL AND TAX REGIME

Bermuda

FORMS OF COMPANY
LAW OF OFFSHORE
INTERNATIONAL AGREEMENTS
DIRECT CORPORATE TAXATION
OFFSHORE LEGAL AND TAX REGIME

British Virgin Islands

FORMS OF COMPANY
LAW OF OFFSHORE
INTERNATIONAL AGREEMENTS
DIRECT CORPORATE TAXATION
OFFSHORE LEGAL AND TAX REGIME