News

News

06.12.2012

Russian Finance Minister Anton Siluanov announced proposals to align the taxation of bank deposits with securities and bonds, and to widen taxation of wealthy individuals receiving significant interest income from these assets

05.12.2012

This Monday Switzerland and the US initialed an agreement for the implementation of the Foreign Account Tax Compliance Act (FATCA)

03.12.2012

Ireland's Revenue Commission has published the details from its Revenue Operational Manual of how the body should monitor compliance with transfer pricing rules

30.11.2012

The Organization for Economic Cooperation and Development (OECD) recently held a meeting with transfer pricing experts from governments and private sector representatives for discussing transfer pricing issues indicated in the report “Intangibles, Safe Harbors and Timing Issues” published in June

29.11.2012

The Liechtenstein tax administration has recently negotiated and initialed a double taxation agreement in the area of taxes on income and on wealth with the Kingdom of Bahrain

28.11.2012

The Bundesrat, Germany’s upper house of parliament has recently adopted the German-Liechtenstein bilateral double taxation agreement

27.11.2012

As expected, the upper house of German parliament, Bundesrat, has rejected the tax deal between Germany and Switzerland during the recent plenary sitting

07.11.2012

The President of Latvia Andris Berzins supports introduction of a progressive personal income tax, however, noting that an excessive tax rate may discourage people from working and earning more. At the same time Latvian President is against introduction of the progressive rate of the estate tax

07.11.2012

Hungary’s Economy Minister announced that consumption taxes will rise and income tax will decrease. These measures are the part of a strategy to keep the state budget deficit below 3% of GDP

07.11.2012

The UK tax authority, Her Majesty Revenue & Customs, issued a factsheet on the new Swiss/UK tax cooperation agreement, prepared to inform UK taxpayers and their advisers of what to expect when the agreement comes into effect (January 01, 2013)

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