Aug 26, 2010
Indications have arisen that China could soon take steps towards introducing numerous changes to its taxation system, including reforms to Value Added Tax, Resource Taxes, Personal and Corporate Income Taxes, along with property taxes. The Chinese Government is giving consideration to changes in almost every aspect of the national tax system, in order to improve [...]
Indications have arisen that China could soon take steps towards introducing numerous changes to its taxation system, including reforms to Value Added Tax, Resource Taxes, Personal and Corporate Income Taxes, along with property taxes.
The Chinese Government is giving consideration to changes in almost every aspect of the national tax system, in order to improve the overall efficiency of the economy and revamp tax revenue streams. The intention was revealed in a statement by Xu Lin, director of the Department of Fiscal and ... Read More
Jun 1, 2010
The Government of the People’s Republic of China has hinted at the gradual introduction of a new tax on properties, in an effort to quell the nation’s booming real-estate sector and downplay the effects of speculative investment. On May 31st the State Council of China issued a statement confirming the approval of a fiscal reform [...]
The Government of the People’s Republic of China has hinted at the gradual introduction of a new tax on properties, in an effort to quell the nation’s booming real-estate sector and downplay the effects of speculative investment.
On May 31st the State Council of China issued a statement confirming the approval of a fiscal reform proposal submitted to the Government by the National Development and Reform Commission. The State Council did not reveal the entirety of the intended property tax reforms, but stated ... Read More
May 21, 2010
The Government of Germany and the Government of Canada are initiating separate international bank tax campaigns, although, the two nations are pursuing for opposing views. Ahead of the upcoming June G20 Summit in Toronto, Canada, the German and Canadian Governments are increasing efforts in swaying international Governments towards their views on the proposed introduction of [...]
The Government of Germany and the Government of Canada are initiating separate international bank tax campaigns, although, the two nations are pursuing for opposing views.
Ahead of the upcoming June G20 Summit in Toronto, Canada, the German and Canadian Governments are increasing efforts in swaying international Governments towards their views on the proposed introduction of an international bank tax system. At a conference on new financial regulations held in Berlin on May 20th, German Chancellor Angela Merkel stated "We will campaign for a ... Read More
May 19, 2010
Governments of emerging Asian economies have been warned to be ready for sudden increases in investment capital inflows, and prepare appropriate policy responses. On May 18th the Asian Development Bank (ADB) released its annual Asian Capital Markets Monitor report, which investigates the performance and outlooks for the equity, bond and currency markets in emerging economies. [...]
Governments of emerging Asian economies have been warned to be ready for sudden increases in investment capital inflows, and prepare appropriate policy responses.
On May 18th the Asian Development Bank (ADB) released its annual Asian Capital Markets Monitor report, which investigates the performance and outlooks for the equity, bond and currency markets in emerging economies. According to the report, several factors have cumulatively increased the risk of Asian economies facing sudden high levels of investment capitals, leading potential destabilization of currency and financial ... Read More
