Mar 19, 2010
The international fight against cross-border tax evasion has taken a step forward with the initiation of a peer review group which aims to assess the progress made by nations in implementing internationally agreed standards of tax transparency.
On March 18th the Organization for Economic Cooperation and Development (OECD) announced the initiation of the first step in [...]
The international fight against cross-border tax evasion has taken a step forward with the initiation of a peer review group which aims to assess the progress made by nations in implementing internationally agreed standards of tax transparency.
On March 18th the Organization for Economic Cooperation and Development (OECD) announced the initiation of the first step in the most extensive and through international tax transparency assesment process that has ever been undertaken. Eighteen nations from the 91 participating members of the OECD’s Global Forum ... Read More
Mar 18, 2010
The Australian Government has made alterations to the Goods and Service Tax (GST) legislation, aiming to improve compliance and lower taxpayer costs. In an effort to raise taxpayer certainty, the Government has also cut over 100 provisions within the tax laws, which had previously allowed the Commissioner of Taxation an indefinite time period within which [...]
The Australian Government has made alterations to the Goods and Service Tax (GST) legislation, aiming to improve compliance and lower taxpayer costs. In an effort to raise taxpayer certainty, the Government has also cut over 100 provisions within the tax laws, which had previously allowed the Commissioner of Taxation an indefinite time period within which to amend a taxpayer’s tax assessment.
In a media statement released on March 17th, Nick Sherry, Assistant Treasurer of Australia and Senator for Tasmania, announced the introduction of ... Read More
Mar 17, 2010
The Government of the People’s Republic of China (PRC) has set out five macro-level goals that will be upheld in its approach to taxation policy in 2010, and taxation authorities of all levels must also follow three new “transformations”, in order to best implement the new goals.
At the recently convened National Taxation Policy and [...]
The Government of the People’s Republic of China (PRC) has set out five macro-level goals that will be upheld in its approach to taxation policy in 2010, and taxation authorities of all levels must also follow three new “transformations”, in order to best implement the new goals.
At the recently convened National Taxation Policy and Regulation Working Conference in Shenzhen, Xie Xuezhi, Deputy Administrator of the State Administration of Taxation (SAT), relayed the Chinese Government’s praise to national tax authorities in ... Read More
Mar 16, 2010
Annual government corporate renewal fees collected in the British Virgin Islands (BVI) grew in 2009, as did the number of sea vessels registered in the first two months of 2010, leading the Government officials to extol a sense of optimism in the economic prospects for the 2010 year.
New figures from the BVIs’ Financial Services Commission [...]
Annual government corporate renewal fees collected in the British Virgin Islands (BVI) grew in 2009, as did the number of sea vessels registered in the first two months of 2010, leading the Government officials to extol a sense of optimism in the economic prospects for the 2010 year.
New figures from the BVIs’ Financial Services Commission (FSC) released on March 15th show that annual corporate renewal fees collection rose to more than USD 162.66 million in 2009, compared to USD 156.15 million ... Read More
