Mar 15, 2010
According to numerous political and anti-tobacco activists worldwide, taxes on cigarettes and tobacco products should be increased to raise Government revenues and deter smoking.
Several anti-smoking organizations across the world have released new reports claiming that a fresh round of tax increases needs to be seen on tobacco products, and Government officials across New Zealand, several [...]
According to numerous political and anti-tobacco activists worldwide, taxes on cigarettes and tobacco products should be increased to raise Government revenues and deter smoking.
Several anti-smoking organizations across the world have released new reports claiming that a fresh round of tax increases needs to be seen on tobacco products, and Government officials across New Zealand, several US states, Vietnam and the UK are looking set to oblige. Although, the governments and anti-smoking groups are fighting for differing causes, with Governments citing budgetary ... Read More
Mar 12, 2010
The average US state sales-tax level has risen to an 5.468 percent, the highest since records began in 1982. The number of regions opting to raise their sales taxes has also reached record highs.
The 25th annual 2009 Sales Tax Rate Report, released on March 3rd by the tax software provider Vertex, shows that in an [...]
The average US state sales-tax level has risen to an 5.468 percent, the highest since records began in 1982. The number of regions opting to raise their sales taxes has also reached record highs.
The 25th annual 2009 Sales Tax Rate Report, released on March 3rd by the tax software provider Vertex, shows that in an attempt to bolster state coffers and decrease the impact of a weakened economy, the states of California, Delaware, Minnesota, Massachusetts, North Carolina, Utah, Nevada and the District ... Read More
Mar 11, 2010
The Commonwealth of the Bahamas has signed 7 more Tax Information Exchange Agreements (TIEA), bringing its total to 18, enough to be raised from the Organization for Economic Development and Cooperation’s (OECD) Grey List of nations.
On March 10th the OECD announced that the Bahamas, a small Caribbean island nation previously regarded as a tax haven [...]
The Commonwealth of the Bahamas has signed 7 more Tax Information Exchange Agreements (TIEA), bringing its total to 18, enough to be raised from the Organization for Economic Development and Cooperation’s (OECD) Grey List of nations.
On March 10th the OECD announced that the Bahamas, a small Caribbean island nation previously regarded as a tax haven and offshore banking center, has entered into TIEAs with Denmark, Finland, Greenland, Iceland, Norway, Sweden and the Faroe Islands. Having passed the OECD threshold of 12 implemented ... Read More
Mar 10, 2010
Lim Hwee Hua, Second Finance Minister of Singapore, delivered a speech reassuring national MPs that the Government is taking adequate measures to maintain a competitive and fair tax system.
The speech delivered to the Singapore Ministry of Finance’s Committee of Supply Debate 2010 on March 9th, was intended to address the issues raised by members of [...]
Lim Hwee Hua, Second Finance Minister of Singapore, delivered a speech reassuring national MPs that the Government is taking adequate measures to maintain a competitive and fair tax system.
The speech delivered to the Singapore Ministry of Finance’s Committee of Supply Debate 2010 on March 9th, was intended to address the issues raised by members of the Committee on situations faced by Singapore and its Government. Among other topics, the speech sought to quell the concerns of several Members of Parliament (MPs) regarding ... Read More