By definition, this is supposed to be a somewhat light-hearted look at developments in global taxation. But it's no joke for natural resource companies operating in Africa at present... Read Full Article »
The Malta Gaming Authority ("MGA") has published a white paper requesting industry feedback in connection with a far-reaching overhaul of Malta's current gaming legislation. In an official statement the MGA said that... Read Full Article »
Credit to the tiny Caribbean territory of Antigua and Barbuda, which is doggedly continuing to stick to its guns in a trade dispute with the mighty United States; if ever there was a David versus Goliath contest between nations... Read Full Article »
Let's hope that this week's talks between Antigua and Barbuda (David) and the USA (Goliath) represent an outbreak of sanity in one of the silliest and least constructive episodes in recent international relations. I'm offering bouquets on a provisional basis, because it could all still go wrong. So far the progress of the affair has not reflected credit on anyone, except possibly the WTO, which has tried to walk a tightrope between on the one hand infuriating the US, and on the other failing to support a member country which on the face of it has been damaged. Read Full Article »
Let's hope that this week's talks between Antigua and Barbuda (David) and the USA (Goliath) represent an outbreak of sanity in one of the silliest and least constructive episodes in recent international relations. I'm offering bouquets on a provisional basis, because it could all still go wrong. So far the progress of the affair has not reflected credit on anyone, except possibly the WTO, which has tried to walk a tightrope between on the one hand infuriating the US, and on the other failing to support a member country which on the face of it has been damaged. Read Full Article »
The UK wins this week's first encomium for abolishing a tax. Mind you, the government hadn't much choice after it was heaped with ridicule during 'pastygate'. In England, pasties are a rather down-market food often bought by poorer people hot from take-aways, big on pastry and potato, with a token piece of meat hiding somewhere in the middle. Operators of take-aways said they would let the pasties cool off before selling them (avoiding the tax) and instal diy ovens for customers to re-heat them. But the best was that neither the Prime Minister nor the Chancellor (both seriously rich toffs) could remember whether they had ever eaten one. Probably not! Read Full Article »
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