Aug 23, 2010
An anonymous whistleblower has come forward in Germany, offering the tax authorities information on 250 companies who have allegedly evaded their tax obligations. The Finance Ministry of Baden-Wuerttemberg, a German state bordering with Switzerland, confirmed on August 22nd that it had received an electronic correspondence from an anonymous informant regarding extensive data allegedly proving a [...]
An anonymous whistleblower has come forward in Germany, offering the tax authorities information on 250 companies who have allegedly evaded their tax obligations.
The Finance Ministry of Baden-Wuerttemberg, a German state bordering with Switzerland, confirmed on August 22nd that it had received an electronic correspondence from an anonymous informant regarding extensive data allegedly proving a multitude of tax evasion by German companies. Elaborating on the information, the whistleblower is reported to have written, "I know these people to some extent ... and in ... Read More
Jul 8, 2010
A new report has sparked fresh debate on the concept of the Government of Wales attaining partial tax varying powers from the UK Government. Proponents of the idea argue that tax devolution will bring a greater sense of fiscal responsibility and economic planning for the Welsh Government. The Welsh Assembly Government and the majority of [...]
A new report has sparked fresh debate on the concept of the Government of Wales attaining partial tax varying powers from the UK Government. Proponents of the idea argue that tax devolution will bring a greater sense of fiscal responsibility and economic planning for the Welsh Government.
The Welsh Assembly Government and the majority of political parties have welcomed the release of a new report by the Holtham Commission on the possible methods of bestowing greater tax revenue responsibilities to the Welsh Government. ... Read More
Jun 22, 2010
The Government of the British Crown Dependency of Jersey has released a new public consultation paper which examines possible tax changes to plug the Government’s emerging budget gap. On June 21st the Government of Jersey released a public consultation paper dealing with the possible implementation of increased tax rates, with the ultimate aim of sustainably [...]
The Government of the British Crown Dependency of Jersey has released a new public consultation paper which examines possible tax changes to plug the Government's emerging budget gap.
On June 21st the Government of Jersey released a public consultation paper dealing with the possible implementation of increased tax rates, with the ultimate aim of sustainably decreasing the current budget deficit without serious cuts to public services. According to Government estimates, an extra JEP 60 million of tax revenue will be needed annually ... Read More
Jun 2, 2010
The Australian Government is reminding tax payers of its current offshore income declaration initiative, which offers greatly reduced penalties in exchange for voluntary sharing of information. On June 1st the Government of Australia issued a media release urging tax payers with undeclared offshore incomes to utilize the current Voluntary Disclosure Initiative. Michael D’Ascenzo, Tax Commissioner [...]
The Australian Government is reminding tax payers of its current offshore income declaration initiative, which offers greatly reduced penalties in exchange for voluntary sharing of information.
On June 1st the Government of Australia issued a media release urging tax payers with undeclared offshore incomes to utilize the current Voluntary Disclosure Initiative. Michael D’Ascenzo, Tax Commissioner of Australia, stated that the program will end on June 30th and concessional penalty arrangements will no longer be offered upon the initiative's completion. No indication was given ... Read More
