Jul 5, 2010
Arguments surrounding tax rates will soon come to the forefront of election campaigns in Sweden, after the current Prime Minister began national discussion by ruling out tax cuts for 2011 if his party is elected. Speaking to journalists on July 4th Fredrik Reinfeldt, Prime Minister of Sweden and leader of the Moderate Party, adamantly ruled [...]
Arguments surrounding tax rates will soon come to the forefront of election campaigns in Sweden, after the current Prime Minister began national discussion by ruling out tax cuts for 2011 if his party is elected.
Speaking to journalists on July 4th Fredrik Reinfeldt, Prime Minister of Sweden and leader of the Moderate Party, adamantly ruled out the possibility of cuts to personal tax rates in 2011, if his party is reelected. He conceded that the only possible exemption to the tax policy will ... Read More
Apr 7, 2010
An agreement has been reached by the Organization for Economic Cooperation and Development (OECD) and the Council of Europe to amend the Convention on Mutual Administrative Assistance in Tax Matters (CMAAT). On April 6th the OECD and Council of Europe released a media statement announcing that the CMAAT will be updated in order to bring [...]
An agreement has been reached by the Organization for Economic Cooperation and Development (OECD) and the Council of Europe to amend the Convention on Mutual Administrative Assistance in Tax Matters (CMAAT).
On April 6th the OECD and Council of Europe released a media statement announcing that the CMAAT will be updated in order to bring it up to currently agreed upon standards of international tax transparency. The Convention, opened for signing in 1988, is an international framework which provides facilitation of multinational exchange ... Read More
Mar 8, 2010
Algirdas Semeta, Taxation Commissioner of the EU, has stated that he wishes to see a carbon tax instated across the entirety of the European Union, and will lead a review to make it happen. The widely debated topic of Carbon Taxation has once again been brought up with the revelation that the European Commission (EC) [...]
Algirdas Semeta, Taxation Commissioner of the EU, has stated that he wishes to see a carbon tax instated across the entirety of the European Union, and will lead a review to make it happen.
The widely debated topic of Carbon Taxation has once again been brought up with the revelation that the European Commission (EC) will soon lead an inquiry about a possible EU-wide implementation of such a measure. In a statement made by Emer Traynor, spokeswoman for Algirdas Semeta, revision of the ... 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