Mar 5, 2010
The new National Account report, released by the Australian Government on March 3rd, shows that the country has continued its economic growth throughout the whole of the 2009 year, despite the contractions faced by advanced economies worldwide.
According to the December quarter figures, Australia’s GDP grew by 0.9 percent, bringing the yearly growth total to 2.7 [...]
The new National Account report, released by the Australian Government on March 3rd, shows that the country has continued its economic growth throughout the whole of the 2009 year, despite the contractions faced by advanced economies worldwide.
According to the December quarter figures, Australia’s GDP grew by 0.9 percent, bringing the yearly growth total to 2.7 percent. Comparatively, the Australian Treasury estimates claim that the world’s advanced economies as a group contracted by approximately 3.2 percent.
In a statement accompanying the release ... Read More
Mar 4, 2010
The Organization of Economic Cooperation and Development (OECD) has announced that from March 2010 it will begin to monitor its member states’ implementation of the newly established Good Practice Guidance on Internal Controls, Ethics and Compliance, the most comprehensive international business anti-bribery guidelines ever released by the organization.
On March 3rd the OECD announced that the [...]
The Organization of Economic Cooperation and Development (OECD) has announced that from March 2010 it will begin to monitor its member states’ implementation of the newly established Good Practice Guidance on Internal Controls, Ethics and Compliance, the most comprehensive international business anti-bribery guidelines ever released by the organization.
On March 3rd the OECD announced that the 38 member-nations of the OECD's Anti-Bribery Convention will begin to monitor the progress of participating jurisdictions in encouraging international businesses to adapt the anti-bribery measures. The newly ... Read More
Mar 3, 2010
In a statement released on March 2nd, the US Internal Revenues Services (IRS) is reminding US taxpayers that it holds USD 1.3 billion in unclaimed tax refunds for nearly 1.4 million individuals who did not file 2006 tax returns.
At the same time, the IRS has stated that in order to receive any refunds, the taxpayer [...]
In a statement released on March 2nd, the US Internal Revenues Services (IRS) is reminding US taxpayers that it holds USD 1.3 billion in unclaimed tax refunds for nearly 1.4 million individuals who did not file 2006 tax returns.
At the same time, the IRS has stated that in order to receive any refunds, the taxpayer is required to submit a paper return (as electronic returns are not available for previous years) by April 15th 2010. The US Government grants a three year ... Read More
Mar 2, 2010
The Government of Isle of Man, a self-governing British Crown dependency, has begun public consultation on the potential tax changes which could be implemented on the island nation.
As reported earlier, at the Budget reading held on February 16th, Allan Bell, Isle of Man Treasury Minister, stated that the jurisdiction would hold an investigation into possible [...]
The Government of Isle of Man, a self-governing British Crown dependency, has begun public consultation on the potential tax changes which could be implemented on the island nation.
As reported earlier, at the Budget reading held on February 16th, Allan Bell, Isle of Man Treasury Minister, stated that the jurisdiction would hold an investigation into possible changes to its current tax regime in order to address issues raised by previous discussions held with the EU and its member states, particularly the UK. The ... Read More
