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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.

Graduate Tax Would Cause an Exodus

If a graduate tax were to be instated in the UK, as previously suggested by the country’s Business Secretary, students would have little incentive to stay and contribute to the economy upon completion of their degrees, ultimately offsetting any possible benefits the system might have.

French Tax Change Could Lower Credit Rating

France has been warned that if it carries out proposed changes to the tax treatment of life insurance products, the country could face a national credit rating downgrade across the insurance sector.

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.

Feb 9, 20100

NZ Prime Minister Delivers Awaited Economic Speech

Categories: Taxation in New Zealand

In his first statement to the Parliament of the year, New Zealand Prime Minister John Key has outlined the Government’s intentions to focus on fostering economic growth for the country, indicating that several changes will be made to the national fiscal system. At the first Parliament session of 2010, held on February 9th, John Key revealed the Government’s economic plans for 2010, emphasizing that attention will be paid to such issues as taxation, education, social services, resource and environmental issues, and constitutional ... Read More