Canada: What is the CAMOGCDCA?

CAMOGCDCA is the acronym for the Corporate Accountability of Mining, Oil and Gas Corporations in Developing Countries Act, otherwise known at Bill C-300.  It is said to “represents the best chance we have as Canadians to assure that…

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Canada – Foreign Control of Communications Sector

Today during parliamentary hearings, Konrad von Finckenstein, chairman of the CRTC, said “The control of the communications sector should stay in Canadian hands. No foreign entity should own more than 49 per cent”. Relying on committee discussion of…

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Canada – UK Tax Treaty – Rates of Withholding Tax

Set out at the bottom of the first page of the linked document, “Countries with Double Taxation Agreements with the UK – rates of withholding tax for the year ended 5 April 2010”, are the operative withholding tax…

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Canada – EU Free Trade

Although the EU is Canada’s second most important goods trading partner, and Canada’s second most important investment partner, there has been little interest in discussions relating to the proposed Canada – EU Free Trade Agreement (“FTA”). Going the…

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Chile: Full OECD Membership

As a follow up to our December 27th, 2009 posting regarding proposed admission of Chile into the OECD, Chile’s admission to the OECD is now complete. Chile’s economic future has brightened considerably merely by being admitted to OCED.…

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UK: Greater Certainty on Tax Policy

The Government today published a draft Tax Framework for business. Developed in discussion with the Business-Government Forum on Tax and Globalisation, the document is intended to provide greater certainty for large businesses about the Government’s approach to the…

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EU: Macedonia Accession Talks Urged By EU

In more news on the future expansion of the European Union, the EU Parliament yesterday urged the EU to open membership negotiations with the former Yugoslav Republic of Macedonia.  The new EU Enlargement Commissioner, Stefan Fuele, also is…

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South Africa: Companies Act – Draft Regulations 2010

In April 2009 the President signed into law the Companies Act (2008). The Act is due to come into force later this year. Meanwhile, draft Regulations have been published supplementing the framework established by the Act. Included in…

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Australia: Constitutional Protection for Business

The Australian High Court has ruled in favour of protecting Australians, including Australian business, from the over reaching power exerted by quasi-judicial bodies and tribunals.  The High Court has kicked in the teeth of the NSW WorkCover Authority,…

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Zimbabwe: Investment Law Rejected by PM

Zimbabwe’s Prime Minister Morgan Tsvangirai rejected legislation signed into law by President Robert Mugabe that forces companies to sell more than half of their shares to black investors, saying it would “scare off” foreigners. “The regulations would have…

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