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International Tax »

New Zealand PM Questioned On Tax Cuts

New Zealand Prime Minister John Key was questioned over his party's tax agenda during the first televised leaders' debate ahead of this month's election. Continue Reading »

International Law »

Israeli Central Bank Calls For Fiscal Restraint

Israel's Central Bank has once again issued a fiscal policy warning to the Government, cautioning that the introduction of value-added tax breaks without compensatory tax hikes will push the deficit to as high as 4 percent of gross domestic product, against a target of 2.5 percent. Continue Reading »

Politics & Economics »

Tax Measure-Free Budget Planned For Mexico

The head of Mexico's Ministry of Finance and Public Credit, Luis Videgaray, has said that the Government will fulfill its promise not to increase the tax burden in the 2015 Budget. Continue Reading »

Offshore »

Hong Kong Relaxes Restrictions For REITs

The Securities and Futures Commission has announced that Hong Kong's revised Code on Real Estate Investment Trusts was gazetted on August 29, 2014, taking immediate effect. Continue Reading »

Business »

Irish SMEs Plan To Hire, But Hope For Tax Cuts

27 percent of Ireland's small businesses intend to hire more permanent staff by the end of the year but continue to regard tax rates as too high, according to the Small Firms Association. Continue Reading »

E-Commerce »

South Korea Plans Overhaul Of Taxes On Corporates

South Korea's Ministry of Strategy and Finance has announced its tax revision proposals for this year, confirming that it plans to introduce a tax on companies' additional cash reserves. Continue Reading »

Aviation »

Taiwanese Special Scheme For Foreign Firms Time Limited

The Ministry of Finance has reminded foreign companies engaged in certain industries in Taiwan that there is a time limit on the availability of the percentage expenses deduction allowed under Article 25 of the country's Income Tax Act. Continue Reading »

Marine »

Shanghai FTZ Issues Further Development Plans

It has been announced by Shanghai's municipal government that, as part of the liberalization of services and trade within China's first pilot free-trade zone in the city, eight more international commodity trading exchanges will be established by 2015, while the policy of allowing for wholly foreign-owned international ship management companies is already bearing fruit. Continue Reading »

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