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International Tax »

Japanese Panel Looks For Gradual Corporate Tax Cuts

An early cut in the country's high corporate tax rate is to be recommended by the study group that was established by the Japanese Government's Tax Commission to look at corporate tax reform. Continue Reading »

International Law »

Germany Ordered To Refund Nuclear Fuel Taxes

The Hamburg Financial Court has ordered authorities in Germany to refund German energy companies more than EUR2.2bn (USD3bn) in nuclear fuel taxes. The refund is to be paid to five energy companies, including E.ON and RWE. Continue Reading »

Politics & Economics »

Portugal Planning Revenue-Neutral Green Tax Reform

The Portuguese Finance Ministry has published a preliminary committee report setting out the key objectives of the Government's envisaged reform of environmental taxes. Continue Reading »

Offshore »

Australia Reviewing ATO Mandate

Australian Tax Commissioner Chris Jordan has spoken of his desire to "reinvent" the Australian Taxation Office to make it a contemporary and service-oriented organization. Continue Reading »

Business »

US Pension Uptake Lags, Despite Tax Incentives

The United States Government Accountability Office has found that the number of new pension plans formed each year in the private sector has remained flat, despite the provision of increased tax incentives. Continue Reading »

E-Commerce »

Canada, Israel Launch First Round Of Trade Talks

Negotiators began a round of talks less than two weeks after Canada and Israel announced that they would modernize their free trade agreement. Continue Reading »

Aviation »

EU Aviation Emissions Trading Delay Welcomed

John Thune, Ranking Member of the United States Senate Committee on Commerce, Science, and Transportation, has commended the European Parliament on its decision to extend further, until 2017, the moratorium on aviation emission taxes on international flights into and out of the European Union. Continue Reading »

Marine »

Luxembourg Lowers Shipping Registration Levy

The Luxembourg Government has approved a draft grand ducal regulation lowering registration duties, calculated with reference to the vessel's tonnage, on the first registration of a ship in Luxembourg. Continue Reading »

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