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“Sin Tax” Collections Down in Philippines

Collections of the so-called “sin taxes” levied on “sinful” products, such as cigarettes and alcohol, dropped in 2011, leading to calls for a reform of the excise tax system.

“Sin Tax” CollectionIndia Delays Tax Changes

India will aim to boost the confidence of international entrepreneurs investing in India by delaying the implementation of new anti-avoidance rules and reducing withholding taxes and excise duties.

ID Thieves in USA Steal $26 Mil of Refunds

More than 600 000 US taxpayers were victims of identity tax fraud in 2011, and the IRS does not have the capabilities to adequately detect and prevent such offenses.

One Third of Taxes in Australia to Fund Welfare System

Almost AUD 100 from the tax payments made every week by an average Australian will now go directly to funding national welfare programs to subsidies low income families.

US Considers Business Tax Reforms

The Obama administration has proposed a major update of the corporate tax rules in the USA, which would broaden the base for corporate taxes, simplify compliance, reduce the corporate tax rate, and encourage a greater level growth in the country’s manufacturing sector.

Aug 28, 20090

Irish Commission on Taxation Released

Categories: Taxation in EU, Taxation in Ireland

The Irish Government’s Commission on Taxation has released its report reviewing the Irish taxation system and its subsequent recommendations. Today, the Commission on Taxation handed its report with over 250 recommendations regarding Ireland’s financial taxation system to Brian Lenihan, Minister of Finance. Due to errors in its indices, the 600 page report will not be made available to the public until early to mid-September. The report was originally requested to be complete on the 20th of September but has been completed ahead of ... Read More

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