Taxation in Vanuatu - Taxation News & Information

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State Tax Revenues Still Unstable

Overall tax revenue figures for US states have risen for the second straight quarter in 2010, however total collections are still lagging behind their pre-recession levels, lending uncertainty to future results.

No Tax Cuts for UK Taxpayers

UK taxpayers’ hopes for any reduction to their tax burden have been dashed for the next several years, after comments made by a UK Treasury official.

Irish Tax Take Declines

Tax revenues in Ireland fell 9 percent during the first eight months of the year, though the national Minister of Finance maintains that the economic recovery is still at an acceptable level with several key taxes performing better than expected.

Mexico Clamping Down On Money Laundering

Mexico could soon implement heavy restrictions on the use of cash for large purchases, in an effort to hinder the nation’s overwhelming levels of money laundering.

Immigration to Boost Latvian Economy

In order to bolster economy activity and government revenues Latvia has relaxed several of its immigration restrictions in an attempt to bring in greater levels of foreign capital and skilled employees into the country.

Dec 11, 20090

Vanuatu Projects 4.6 Percent GDP Growth

Categories: Tax Havens, Taxation in Vanuatu

Based on an improvement in the financial sector of the world economy and increasing international fiscal pressure, the Government of the Republic of Vanuatu is forecasting GDP growth of 4.6 percent for 2010. On December 8th , Sela Molisa, Finance Minister of Vanuatu, in his speech presenting 2010 national budget, announced that his country will see continued economic growth in 2010. According to the latest statistics, GDP growth in Vanuatu in 2009 had slowed to 3.8 percent, compared to 6.3 percent of ... Read More