Aug 26, 2009
In the face of falling revenues, Brazil’s governing coalition are looking to implement a new tax on financial transactions. Facing a financial situation not dissimilar to governments worldwide, Brazil’s leading coalition in Congress will attempt to instate a new financial transaction tax, to offset its own falling revenues and increased spending. The government will attempt [...]
In the face of falling revenues, Brazil's governing coalition are looking to implement a new tax on financial transactions.
Facing a financial situation not dissimilar to governments worldwide, Brazil's leading coalition in Congress will attempt to instate a new financial transaction tax, to offset its own falling revenues and increased spending. The government will attempt to push through a bill which will see a 0.1% tax implemented on all financial transactions. The tax, if accepted, will see an extra BRL12 billion in the ... Read More
Aug 25, 2009
Ireland could see the balance of its taxation system reshuffled, creating new taxes and diminishing those already established. Ireland may soon see a restructuring of its taxation system, if suggestions by Ireland’s Commission on Taxation to the Government are accepted. The Commission, which was created in 2008 to examine Ireland’s taxation structure, is expected to [...]
Ireland could see the balance of its taxation system reshuffled, creating new taxes and diminishing those already established.
Ireland may soon see a restructuring of its taxation system, if suggestions by Ireland's Commission on Taxation to the Government are accepted. The Commission, which was created in 2008 to examine Ireland's taxation structure, is expected to release a report by the 28th of August with its recommended taxation changes.
The report will feature 250 recommendations to the Irish government. Key changes within the report ... Read More
Aug 24, 2009
Irish airline Ryanair has called for the scrapping of the Government’s €10 travel tax. Ryanair has called for the abolishment of the Irish government’s €10 travel tax. According to Ryanair statements, passenger throughput at Dublin Airport fell by 10% in the month of July, equating to a 215,000 passenger drop in one moth. Throughout May [...]
Irish airline Ryanair has called for the scrapping of the Government's €10 travel tax.
Ryanair has called for the abolishment of the Irish government's €10 travel tax. According to Ryanair statements, passenger throughput at Dublin Airport fell by 10% in the month of July, equating to a 215,000 passenger drop in one moth. Throughout May the incoming passenger numbers fell by 18%, or approximately 150,000 visitors. Ryanair places blame for these repeated falls on the government's travel tax.
Stephen MacNamara, Communications Chief for Ryanair, ... Read More
Aug 21, 2009
Indications to possible outcomes of the current Australian tax review were given on the 20th of August by Ken Henry, Australian Treasury Secretary. In his speech to the Australian Industry Group, Ken Henry gave indications as to the direction of some changes to the Australian taxation system that will take as a result of its [...]
Indications to possible outcomes of the current Australian tax review were given on the 20th of August by Ken Henry, Australian Treasury Secretary.
In his speech to the Australian Industry Group, Ken Henry gave indications as to the direction of some changes to the Australian taxation system that will take as a result of its current review procedure.
Significant attention was given to the concept of changing Australia’s future taxation system to maximize its efficiency and improve incentives for investment. The ... Read More