China Getting Set For Introduction Of Fuel Tax
November 21st, 2008 . byThe long anticipated introduction of a fuel tax in China is set to be announced imminently, it has been revealed.
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New Zealand Nationals To Pass Tax Cuts Before Christmas
November 21st, 2008 . byThe incoming National Party government of Prime Minister-elect John Key has put its pledge to cut income tax at the top of its legislative agenda.
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Georgia Proposes Further Tax Cuts
November 21st, 2008 . byGeorgia’s Finance Minister Nika Gilauri has proposed a reduction in the personal income tax rate from 25% to 20% and a reduction in the dividend withholding tax rate from 10% to 5%. Both reductions are to take effect on January 1, 2009, subject to parliamentary approval.
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China Announces Value Added Tax Reforms
November 20th, 2008 . byThe Chinese government has unveiled a set of value added tax reforms as part of its CNY4 trillion (USD586bn) economic stimulus package.
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French National Assembly Agrees To Global Ceiling On Tax Breaks
November 20th, 2008 . byThe French National Assembly Finance committee has ratified a parliamentary change to the 2009 Finance Bill, aiming to impose a global ceiling on tax breaks for any one individual.
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G20 Urge Action On Doha And Tax Transparency
November 20th, 2008 . byThe G20 Summit in Washington which resulted in numerous pledges and a broad consensus on the need for international co-operation to minimise the impact the financial crisis, and lessen the repercussions of a looming global recession, has placed renewed pressure on World Trade Organisation agricultural negotiators to square their differences with alacrity, and hence save the Doha round of free trade talks.
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French Goverment Seeks To Simplify Inheritance Tax
November 19th, 2008 . byIn an endeavour to improve public relations and provide legal clarity, the French government has confirmed its intention to simplify the existing system of inheritance tax.
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Lenihan Plans 3% Levy On Higher Earners
November 19th, 2008 . byThe Irish government is planning to impose a 3% levy on the nations highest earners to generate EUR60m of additional revenues for the treasury coffers.
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Germany’s Coalition Finally Unites On Inheritance Tax Reforms
November 19th, 2008 . byFollowing months of uncertainty and discord, Germanys Coalition Committee has finally ratified the long-awaited reform of its inheritance tax.
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German Government Waives Tax On New Vehicles
November 18th, 2008 . byDespite a prevailing air of peace and harmony surrounding the German governments approved rescue package - on both sides of the Coalition - the decision to exempt purchasers of new vehicles from road tax nevertheless remains highly controversial.
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