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Dubai: The business community on Monday hailed an amendment to the UAE Company Law that eliminates the minimum capital requirement, allowing partners in limited liability companies (LLC) to decide how much capital is required to achieve their purposes. Amendment to…
“Buy American” rules that Congress included in the U.S. economic stimulus package don’t endanger free trade with Canada, President Barack Obama said after meeting with the leaders of Canada and Mexico. Obama: Buy US does not hurt Canada
Prime Minister Stephen Harper will sign a free-trade agreement with Panama on Tuesday morning, giving Canadian business greater access to the small but fast-growing Central American economy. story.html?id=1881037
A very thorough comparitive analysis of the Controlled Foreign Company taxation regimes of: Australia, France, Germany, Italy, Japan, Netherlands, New Zealand, Sweden, United Kingdom and the United States See Report – F34-3-5-2009E.pdf
A leading law professor [William D. Andrews] wrote a quarter-century ago that deferral of gain “is not as serious as outright exemption, but it is the next best thing.” Few tax law academics would disagree. But how important…
TORONTO — Canada’s privacy commissioner accused Facebook on Thursday of breaching Canadian law by keeping users’ personal information indefinitely after members close their accounts. Privacy Commissioner Jennifer Stoddart released a report that also accuses Facebook of disclosing personal…
The European Commission is considering the adoption of the International Standards on Auditing of the International Auditing and Assurance Standards Board for statutory audits required by Community law. A consultation paper addressing this is available on the EC…
The prime minister has announced the creation of the UK Innovation Investment Fund. This fund is to invest in technology-based businesses, focusing on small businesses, start-ups and spin-outs. The Government hopes this scheme could leverage enough private investment…
Business Taxation in Western Canada: Settling for a Personal Best? The Western Canadian Economy in the International Arena
This paper examines the competitiveness of the business tax regimes in Canada’s four western provinces. The discussion focuses on the tax burden imposed on investment, as measured by the marginal effective tax rate (METR) on capital. business_taxation_western_can.pdf