Germany and Canada Start Bank Tax Campaigns

Categories: International Tax Cooperation, Taxation in Canada, Taxation in China, Taxation in EU, Taxation in Germany, Taxation in India, Taxation in USA

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

Asian Economies Warned of Capital Spikes

Categories: Taxation in China, Taxation in Hong Kong, Taxation in India, Taxation in Philippines, Taxation in Singapore, Taxation in South Korea, Taxation in Thailand, Taxation in Vietnam

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

International Tax Transparency Reviews Start

Categories: International Tax Cooperation, Taxation in Australia, Taxation in Canada, Taxation in Cayman Islands, Taxation in EU, Taxation in Germany, Taxation in India, Taxation in Ireland, Taxation in Monaco, Taxation in Norway

The international fight against cross-border tax evasion has taken a step forward with the initiation of a peer review group which aims to assess the progress made by nations in implementing internationally agreed standards of tax transparency. On March 18th the Organization for Economic Cooperation and Development (OECD) announced the initiation of the first step [...]

The international fight against cross-border tax evasion has taken a step forward with the initiation of a peer review group which aims to assess the progress made by nations in implementing internationally agreed standards of tax transparency. On March 18th the Organization for Economic Cooperation and Development (OECD) announced the initiation of the first step in the most extensive and through international tax transparency assesment process that has ever been undertaken. Eighteen nations from the 91 participating members of the Global Forum on ... Read More

Global Business Confidence is Improving

Categories: Taxation in China, Taxation in India, Taxation in UK, Taxation in USA

The world is still suffering from an economic slump, but confidence and business outlook across the globe is beginning to see a marked improvement. According to research by international law firm Eversheds, published on December 14th, there is a resurgence in business confidence and future outlook across key global economic centres, and the Eastern markets [...]

The world is still suffering from an economic slump, but confidence and business outlook across the globe is beginning to see a marked improvement. According to research by international law firm Eversheds, published on December 14th, there is a resurgence in business confidence and future outlook across key global economic centres, and the Eastern markets are showing the most significant improvements. The report engaged 600 senior executives to show the effect of the economic downturn and its results on their confidence in London, ... Read More