Daily Tax News

CBI Urges 'Credible' UK Budget Plan The Confederation of British Industry is calling on the UK government to set out more aggressive plans to deal with the budget deficit through comprehensive reductions in spending rather than increases in taxation on business. Click Here for Full Story »»

Germany Debates Stolen Data Law According to legal experts from both the Christian Democratic Union and the Free Democratic Party, a law must be drawn up in order to prohibit the purchase of stolen tax data discs. Click Here for Full Story »»

Caribbean Explores Fiscal Cooperation Ahead of the World Bank meeting, to be held on March 11-12, where CARICOM Finance Ministers will meet to discuss challenges that the region faces, CARICOM Secretary General, Edwin Carrington said it was vital for Caribbean economies to increase economic cooperation and remove fiscal barriers, for the prosperity of the region going forward. Click Here for Full Story »»

EU And India Push FTA Following his previous visits to first Vietnam and then Singapore, the European Union Trade Commissioner, Karel De Gucht, concluded his visit to Asia by meeting India’s Minister of Commerce and Industry, Anand Sharma, to give fresh impetus to an EU-India free trade agreement. Click Here for Full Story »»

Guernsey Releases Bank Deposit Figures Guernsey’s banking sector is in a more positive position than the continuing decline in deposit levels might suggest, according the head of the promotional agency for the Island’s finance industry. Click Here for Full Story »»

ATO Refines Tax Compliance Policies Australian Taxation Office Commissioner, Michael D'Ascenzo, during a speech to the Tax Institute of Australia's National Convention in Melbourne, has given an indication of how it is refining its approach to compliance so as to deal with globalization, the aftermath of the economic recession and technological advances. Click Here for Full Story »»

IoM Company Fees To Rise The Isle of Man government has provided details of changes, announced in the February budget, to company registration rules, including increases to certain company fees. Click Here for Full Story »»

IOSCO Ceases Bahamas Monitoring The International Organization of Securities Commissions has announced that it has stopped monitoring the international assistance and exchange of information activities of the Securities Commission of the Bahamas. Click Here for Full Story »»