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tax

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India Confirms MAT Exemption For Foreign Firms

28/09/2015(0)
The Indian Finance Ministry has announced that the Income Tax Act will shortly be amended to exempt foreign companies with no permanent establishment in the country from the minimum ... Read More
VAT

Czech Republic Says EU Action Needed On VAT Gap

24/09/2015(0)
The Czech Finance Minister and First Deputy Prime Minister, Andrej Babis, has urged the European Commission to consider VAT reform in response to poor collection rates. A report recently ... Read More
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Juncker Criticizes ‘Unjust’ EU Rules on Corporate Taxation

21/09/2015(0)
Jean Claude Juncker has told Members of the European Parliament (MEPs) that the current rules on corporate taxation are “unfit for purpose and unjust.” The President of the European ... Read More
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Safe-deposit-box: the preferred method of tax dodgers

18/09/2015(0)
Italians looking to conceal assets turn to safe-deposit boxes. Italians who want to stash their riches out of reach of tax collectors might familiarize themselves with a restaurant on ... Read More
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New tax landscape places major burdens on companies, says PwC report

15/09/2015(0)
An expanding compliance burden, more audits and the potential for increased and double taxation – those are the challenges facing companies due to the rapidly evolving global tax landscape, ... Read More
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Tax systems to support creation and success of Small and Medium-Sized Enterprises (SMEs)

11/09/2015(0)
SMEs form the vast majority of businesses in most countries and contribute strongly to employment and economic growth, but they face distinct challenges, particularly as concerns access to finance ... Read More
VAT

Commission presses Member States on VAT revenue collection

09/09/2015(0)
VAT revenue collection has failed to show significant improvement across EU Member States according to the latest figures released by the European Commission. Based on VAT collection figures from 2013, the ... Read More
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Bank of Israel to cut VAT, corporate taxes to buoy economy

04/09/2015(0)
Israel will cut corporate and value-added taxes to help boost economic growth after it collected more tax than expected in recent months, Prime Minister Benjamin Netanyahu said on Thursday. ... Read More
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India Says New Tax Won’t Apply to Foreign Institutional Investors

03/09/2015(0)
Move on minimum alternate tax is aimed at calming investors’ concerns India said Tuesday that it wouldn’t go through with plans to apply a controversial tax to international portfolio ... Read More
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Update on the implementation of the EU Audit Directive and Regulation

01/09/2015(0)
The Department of Business Innovation and Skills has published an update on the implementation of the EU Audit Directive and Regulation: “Following Baroness Neville-Rolfe’s Written Ministerial Statement of 20 July ... Read More
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