Jun 2, 2011
The Global Forum on Transparency and Exchange of Information for Tax Purposes has released several new reports on the results of recently conducted reviews of the implementation of international tax information exchange standards. The mechanism of implementation and legal frameworks for international tax transparency and information exchange in nine different countries have been reviewed by [...]
The Global Forum on Transparency and Exchange of Information for Tax Purposes has released several new reports on the results of recently conducted reviews of the implementation of international tax information exchange standards.
The mechanism of implementation and legal frameworks for international tax transparency and information exchange in nine different countries have been reviewed by the Global Forum on Transparency and Exchange of Information for Tax Purposes, with the results being released on May 1st.
The newly published reports outlined the results of ... Read More
Feb 22, 2011
France is once again urging governments across the world to instate an extensive financial transactions tax, saying that it would be an ideal tool for raising funds towards environmental and development projects, while reducing the occurrence of excessively risky speculative activities by financial institutions. At the recent weekend’s meeting of Finance Ministers and Central Bank [...]
France is once again urging governments across the world to instate an extensive financial transactions tax, saying that it would be an ideal tool for raising funds towards environmental and development projects, while reducing the occurrence of excessively risky speculative activities by financial institutions.
At the recent weekend’s meeting of Finance Ministers and Central Bank Governors from G20 nations in Paris, France came forward to once again spearhead a drive for an international financial transactions tax (FTT). France’s determination to instate the tax ... Read More
Dec 16, 2010
A new study of Google’s dominance of the online advertising market in France has led the French Government to delay its upcoming online advertising tax. On December 16th the Budget Minister of France Francois Baroin announced that the country’s upcoming tax on internet advertising could be delayed. The Minister stated that the postponement will allow [...]
A new study of Google’s dominance of the online advertising market in France has led the French Government to delay its upcoming online advertising tax.
On December 16th the Budget Minister of France Francois Baroin announced that the country’s upcoming tax on internet advertising could be delayed. The Minister stated that the postponement will allow the greater time for the government to hold negotiations and discussions with local telecommunications providers and businesses, in regards to how the tax should be implemented and monitored. ... Read More
Oct 21, 2010
The Canadian tax authority’s latest investigation into undeclared offshore bank accounts has already resulted in 19 individuals coming forward with details of their unreported bank holding at the Swiss division of HSBC. As we reported earlier, on September 30th 2010 the Canadian Revenue Agency (CRA) announced that they had received banking and personal information on [...]
The Canadian tax authority’s latest investigation into undeclared offshore bank accounts has already resulted in 19 individuals coming forward with details of their unreported bank holding at the Swiss division of HSBC.
As we reported earlier, on September 30th 2010 the Canadian Revenue Agency (CRA) announced that they had received banking and personal information on 1800 Canadians with potentially undeclared accounts at the HSBC bank in Switzerland. The CRA has already initiated investigations into the information, hoping to uncover evidence of tax evasion ... Read More
Sep 7, 2010
France has been warned that if it carries out proposed changes to the tax treatment of life insurance products, the country could face a national credit rating downgrade across the insurance sector. The international credit rating agency Moody’s issued a statement on September 6th warning France that the recently proposed tax rate change on life [...]
France has been warned that if it carries out proposed changes to the tax treatment of life insurance products, the country could face a national credit rating downgrade across the insurance sector.
The international credit rating agency Moody’s issued a statement on September 6th warning France that the recently proposed tax rate change on life insurance products could have a significant effect on consumer behavior, leading to lower insurance industry profits and increased risk.
Last week Francois Fillon, French Prime Minister, revealed plans to ... Read More
