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Samir Rifai, Jordan’s Prime Minister, in speaking with the Jordan Security Commission, said the new income tax law will encourage local and foreign investments and will not be a law focused on “collection”, adding that there will be…
The Australian Stock Exchange has published a communique in which it sets out a proposal to amend the Corporate Governance Principles and Recommendations to require listed companies, on a comply or explain basis, to adopt and disclose a…
With the rise in UK taxation, and an ever more onerous regulatory environment, UK bankers are looking for options. The conventional thinking was that other options existed, and that Westminster had better move carefully on suppressing City activity. …
Chile has enacted legislation enhancing access to bank information for the purposes of improved compliance with OECD standards on tax information exchange and increased transparency in financial transactions. Previously, legal restrictions prevented Chilean tax authorities from obtaining and…
The Canadian Government took a decisive step in supporting a competitive environment in wireless telecommunications, with a decisions to overrule the Canadian Radio and Television Commission’s earlier decision not to approve Globalive’s entry into the Canadian market at…
The Irish government reaffirmed its commitment to both the 12.5% corporations tax, and the tax holiday for business start-ups. The minister also announced accelerated capital cost allowance, and reaffirmed his support of R&D tax credits regime. Independent (Ireland)…
In stark contrast to the prior post on the state of Russian tax administration, the same Big 4 accounting firm study has determined that the UAE has the forth best tax regime in the world. While debt obligations…
The absence of strong constitutional safeguards and basic constitutional rights, including weak legislation in a number of critical areas (e.g. taxation being one significant area of weakness), continues to hinder economic reform in Russia. In a recent study…
While the “mainstream media” is full of commentary, some of which is useful and informative, regarding proposals to curb anthropogenic (i.e. derived from human activities) climate change, it is interesting to view the comments of the news media…
The South African Revenue Service (SARS) wants the power, without a warrant, to conduct a search and to seize documents if it believes you are about to destroy records and evidence of fraudulent activities or income earned. This…
