Apr 8, 2010
The Organization of Economic Cooperation and Development (OECD) has released its bi-annual Economic Brief of Finland, with an assessment of the country’s economy and tax system and recommendations for changes. According to the newly published report, Finland was one of the OECD-member nations most effected during the global economic downturn, and, although, it had fared [...]
The Organization of Economic Cooperation and Development (OECD) has released its bi-annual Economic Brief of Finland, with an assessment of the country's economy and tax system and recommendations for changes.
According to the newly published report, Finland was one of the OECD-member nations most effected during the global economic downturn, and, although, it had fared relatively well coming out of the contraction, economic changes must now be made. The proposed changes in the tax system will ensure enhanced tax efficiency and future economic ... Read More
Feb 22, 2010
German nationals are declaring their hidden Swiss based assets in increasing numbers, after the Government disclosed its intention to purchase data on tax evaders with bank accounts in Switzerland. The German Government has reported that its latest move in the fight against tax evasion is having a positive effect, with a sharply increased number of [...]
German nationals are declaring their hidden Swiss based assets in increasing numbers, after the Government disclosed its intention to purchase data on tax evaders with bank accounts in Switzerland.
The German Government has reported that its latest move in the fight against tax evasion is having a positive effect, with a sharply increased number of German nationals opting to voluntarily disclose their hidden bank accounts. Since the Government announced its intention to purchase information on 1 500 German tax evaders, an additional 3 ... Read More
Feb 4, 2010
The European Commission (EC) has formally requested that the Belgian Government alter its legislation regarding taxation of interest and dividends received by foreign investment funds. On January 28th the EC placed an official request to the Belgium Government to address its tax treatment of dividends and interest distributions to foreign owned investment funds, as it [...]
The European Commission (EC) has formally requested that the Belgian Government alter its legislation regarding taxation of interest and dividends received by foreign investment funds.
On January 28th the EC placed an official request to the Belgium Government to address its tax treatment of dividends and interest distributions to foreign owned investment funds, as it claims the current treatment is discriminatory and restricts the freedoms mandated by the Treaty of the European Union. Under current legislation, distributions made by a Belgian company to ... Read More
Sep 30, 2009
The taxation landscape of the US state of California could face unprecedented changes in the near future, seeing the removal of traditional forms of sales and corporate taxation. Arnold Schwarzenegger, Governor of California, has called for a special Legislature sessions to approve the transformation of California’s taxation system. The changes which he seeks to be [...]
The taxation landscape of the US state of California could face unprecedented changes in the near future, seeing the removal of traditional forms of sales and corporate taxation.
Arnold Schwarzenegger, Governor of California, has called for a special Legislature sessions to approve the transformation of California's taxation system. The changes which he seeks to be approved are detailed in a report published on the 29th of September by the Commission on the 21st Century Economy, a fourteen member group appointed by California's Democratic ... Read More
