Sep 1, 2010
UK taxpayers’ hopes for any reduction to their tax burden have been dashed for the next several years, after comments made by a UK Treasury official. There will not be any significant reduction to most UK taxpayers’ liabilities at least until the next general election in 2015, according to a statement made on August 29th [...]
UK taxpayers’ hopes for any reduction to their tax burden have been dashed for the next several years, after comments made by a UK Treasury official.
There will not be any significant reduction to most UK taxpayers’ liabilities at least until the next general election in 2015, according to a statement made on August 29th by Danny Alexander, Chief Secretary to the Treasury. Explaining the decision, he said, "The tax burden is necessary to get the finances in order. It will have to ... Read More
Aug 31, 2010
Overall tax revenue figures for US states have risen for the second straight quarter in 2010, however total collections are still lagging behind their pre-recession levels, lending uncertainty to future results. Overall state tax revenues for the April – June quarter of 2010 are 2.2 percent higher than in the same period of the 2009 [...]
Overall tax revenue figures for US states have risen for the second straight quarter in 2010, however total collections are still lagging behind their pre-recession levels, lending uncertainty to future results.
Overall state tax revenues for the April - June quarter of 2010 are 2.2 percent higher than in the same period of the 2009 year (or, 1.4 percent when adjusted for inflation), according to the Rockefeller Institute’s latest State Revenue Report, released August 30th. However, based on preliminary state tax data, the ... Read More
Aug 30, 2010
In order to bolster economy activity and government revenues Latvia has relaxed several of its immigration restrictions in an attempt to bring in greater levels of foreign capital and skilled employees into the country. In July 2010 the Latvian Government amended its immigration policies to make it easier for non-European Union investors to obtain legal [...]
In order to bolster economy activity and government revenues Latvia has relaxed several of its immigration restrictions in an attempt to bring in greater levels of foreign capital and skilled employees into the country.
In July 2010 the Latvian Government amended its immigration policies to make it easier for non-European Union investors to obtain legal residency within the country. Under the new rules, non-EU residents can be granted a five-year residency permit if they meet any of the pre-set conditions. Currently the options ... Read More
Aug 27, 2010
Mexico could soon implement heavy restrictions on the use of cash for large purchases, in an effort to hinder the nation’s overwhelming levels of money laundering. New laws have been proposed by Felipe Calderon, President of Mexico, to prohibit cash purchases of luxury goods valued in excess of MXN 100 000 (approx. USD 7 700) [...]
Mexico could soon implement heavy restrictions on the use of cash for large purchases, in an effort to hinder the nation’s overwhelming levels of money laundering.
New laws have been proposed by Felipe Calderon, President of Mexico, to prohibit cash purchases of luxury goods valued in excess of MXN 100 000 (approx. USD 7 700) within the country. The measure is aimed at hampering the use of illicit funds and money laundering through untraceable cash purchases. While announcing the proposal Felipe Calderon explained ... Read More
