Dec 17, 2009
Increasing fiscal transparency was an important issue in the economic and political spectrum of the 2009 year. With only a few weeks remaining in 2009, December happened to be one of the most active month of the passing year, with Governments around the globe completing efforts made in negotiations of Double Taxation Agreements (DTA) and [...]
Increasing fiscal transparency was an important issue in the economic and political spectrum of the 2009 year. With only a few weeks remaining in 2009, December happened to be one of the most active month of the passing year, with Governments around the globe completing efforts made in negotiations of Double Taxation Agreements (DTA) and Tax Information Exchange Agreements (TIEA).
In an unprecedented step, Switzerland wishes to cease ratification of its DTA with France in protest at the French authorities' handling of account ... Read More
Nov 25, 2009
The tax burden, calculated as a ratio of tax receipts to Gross Domestic Product (GDP), faced by member countries of the Organization for Economic Cooperation and Development (OECD) fell by 0.5% in 2008.
According to the OECD’s “Revenue Statistics: 2009 Edition” report, published November 24th, the tax burden by its members has fallen as the [...]
The tax burden, calculated as a ratio of tax receipts to Gross Domestic Product (GDP), faced by member countries of the Organization for Economic Cooperation and Development (OECD) fell by 0.5% in 2008.
According to the OECD's "Revenue Statistics: 2009 Edition" report, published November 24th, the tax burden by its members has fallen as the worldwide financial crisis tolls global economies. The aggregate tax receipt-to-GDP ratio across the surveyed OECD nations in both 2007 and 2006 was 35.8%. Based on current provisional ... Read More
Nov 16, 2009
The Netherlands government is looking to eliminate car sales and road-user taxes, replacing them with distance taxes, calculated from GPS-devices.
The Dutch cabinet passed legislation on November 13th that proposed to replace traditional annual road user charges and sales tax on cars with one system that will levy drivers based on distance driven. The [...]
The Netherlands government is looking to eliminate car sales and road-user taxes, replacing them with distance taxes, calculated from GPS-devices.
The Dutch cabinet passed legislation on November 13th that proposed to replace traditional annual road user charges and sales tax on cars with one system that will levy drivers based on distance driven. The new scheme will implement GPS-tracking devices in every car, which will record the driven distance, time of drive and time taken. The information will be ... Read More
Nov 3, 2009
The Dutch Government has received a list containing information on nationals evading taxes with offshore bank accounts.
Jan Kees de Jager, Dutch Deputy Finance Minister, confirmed on October 31st that the Netherland’s Government had signed an agreement which delivers a list of names, account numbers and addresses of several hundred tax evaders, or “black savers” as [...]
The Dutch Government has received a list containing information on nationals evading taxes with offshore bank accounts.
Jan Kees de Jager, Dutch Deputy Finance Minister, confirmed on October 31st that the Netherland’s Government had signed an agreement which delivers a list of names, account numbers and addresses of several hundred tax evaders, or “black savers” as dubbed by the Dutch government.
According to the Deputy Finance Minister, negotiations with the informant were initiated earlier this year, with an agreement being signed on September ... Read More