May 14, 2010
According to new data publicized by the US Tax Foundation, Tax Freedom Day (TFD) will fall on May 17th in the US, if calculations take into account the scale of the country’s currently low tax collections and extensive Government budget deficit. On May 13th the US Tax Foundation, an independent body aiming to educate taxpayers [...]
According to new data publicized by the US Tax Foundation, Tax Freedom Day (TFD) will fall on May 17th in the US, if calculations take into account the scale of the country’s currently low tax collections and extensive Government budget deficit.
On May 13th the US Tax Foundation, an independent body aiming to educate taxpayers on national taxation matters, issued a statement drawing attention to the US Federal Budget deficit and its effect on the date of the TFD. Kail Padgitt, the author ... Read More
May 12, 2010
The Australian Government has released its national budget for the 2010-2011 financial year. The tax system changes and spending cuts detailed within the new budget are expected to return the Government spending to a surplus within two years. On May 11th the Australian Government publicized the 2010-2011 Commonwealth Budget, which “further strengthens the economy and [...]
The Australian Government has released its national budget for the 2010-2011 financial year. The tax system changes and spending cuts detailed within the new budget are expected to return the Government spending to a surplus within two years.
On May 11th the Australian Government publicized the 2010-2011 Commonwealth Budget, which “further strengthens the economy and secures future growth.” According to a statement released alongside the Budget, strict adherence to the planned stipulations will result in net Government debts peaking at 6.1 percent of ... Read More
Mar 17, 2010
The Government of the People’s Republic of China (PRC) has set out five macro-level goals that will be upheld in its approach to taxation policy in 2010, and taxation authorities of all levels must also follow three new “transformations”, in order to best implement the new goals. At the recently convened National Taxation Policy and [...]
The Government of the People’s Republic of China (PRC) has set out five macro-level goals that will be upheld in its approach to taxation policy in 2010, and taxation authorities of all levels must also follow three new “transformations”, in order to best implement the new goals.
At the recently convened National Taxation Policy and Regulation Working Conference in Shenzhen, Xie Xuezhi, Deputy Administrator of the State Administration of Taxation (SAT), relayed the Chinese Government’s praise to national tax authorities in ... Read More
