Search Results for: tax
EU Agrees Criteria for the establishement of ‘Tax Haven’ Blacklist
November 14th, 2016
Taxation: European Council agrees criteria for the screening of third country jurisdictions On 8 November 2016, the Council agreed on the criteria and the process for the establishment of an EU list of non-cooperative jurisdictions in taxation matters. It ...
40% beef tax suggested to pay for climate damage
November 11th, 2016
Global taxes have been suggested for beef and dairy products to pay for climate damage caused during their production. The University of Oxford study argues emissions pricing on food could avert more pollution than generated by the aviation industry, ...
PwC survey: UK Firms say further Corporate Tax Cut is unnecessary
November 8th, 2016
Reducing the corporation tax rate beyond the 17% set for 2020 will have limited impact and risks alienating the public Businesses wary of industrial strategy for tax, with many believing there should be a level playing field for all ...
Trade Taxes On IT Products Falling, WTO Says
November 4th, 2016
A large majority of countries that have agreed to the newly expanded Information Technology Agreement have implemented their tariff commitments under the deal, the World Trade Organization announced on November 1. The original ITA was concluded in 1996. The ...
IEA report suggests UK to abolish twenty current taxes
November 2nd, 2016
The Institute of Economic Affairs has today published a ground-breaking report which calls for the abolition of a raft of taxes, to be replaced with a simpler, less burdensome tax system. Leading economists, including Patrick Minford, David B. Smith and Professor ...
Swiss Government Makes Case For Corporate Tax Reform
October 31st, 2016
The Swiss Federal Council has announced its support for the proposed changes to Switzerland’s corporate tax framework, known as Corporate Tax Reform III (CTR III), ahead of a referendum on the issue due to take place early next year. ...
EU Commission proposes major Tax reform; A fair tax system through the EU Single Market
October 27th, 2016
The Commission has today announced plans to overhaul the way in which companies are taxed in the Single Market, delivering a growth-friendly and fair corporate tax system. Re‑calibrated as part of a broader package of corporate tax reforms, the ...
France To Increase Financial Transactions Tax
October 26th, 2016
French deputies have voted in favor of an amendment to the draft 2017 Budget that will increase the country’s tax on financial transactions and expand the tax’s scope. Under France’s financial transactions tax (FTT), which has been in place ...
Tax Experts Wanted in U.A.E.
October 20th, 2016
U.A.E. Ministry of Finance advertising about 30 tax jobs Gulf Arab monarchies to impose value added tax by 2018 The United Arab Emirates is setting up a federal tax authority that will be in charge of collecting levies, as ...
The USA based Tax Foundation published the 2016 International Tax Competitiveness Index; Estonia is on Top
October 19th, 2016
Introduction The structure of a country’s tax code is an important determinant of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can promote economic development, while raising sufficient revenue for a government’s ...
