CPI

Latest news

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.

Jan 29, 20100

Australian Inflation Remains Low, Economy Underutilized

Categories: Taxation in Australia

Newly released Australian Consumer Price Index (CPI) figures show that the country’s inflation was 2.1 percent for the first two quarters of the current financial year, at the lower end of the Australian Reserve Bank’s (ARB) target spectrum. Although the relatively small inflation is gladly greeted by consumers across the country, ARB economist claim that it is indicative of an economy that is not being fully utilized and has room for further growth. The newest figures, released on January 27th, represent a ... Read More

Nov 23, 20090

Corruption Perception Index Released

Categories: International Tax Cooperation

Transparency International, an international non-profit organization aimed at fighting corruption, has released their annual Corruption Perception Index (CPI) survey, on November 17th. The corruption study consists of a ranking of 180 countries based on a corruption score, ranging from zero to ten, with the lower representing a higher level of perceived corruption. This year, of the countries surveyed, New Zealand was found to be the least corrupt, with Denmark, Singapore, Sweden and Switzerland following. Somalia was the country perceived to have the highest ... Read More