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International Tax »

China Eliminates Rare Earth Export Duties

The State Council has approved the elimination of China's export duties on rare earths, tungsten, and molybdenum with effect from May 1, 2015, in conformity with last year's World Trade Organization ruling. Continue Reading »

International Law »

Hong Kong Consults On Tax Info Exchange

Hong Kong's Government has launched a consultation on proposals to apply, with certain adaptations, new international standards on the automatic exchange of account information in tax matters. Continue Reading »

Politics & Economics »

Hungary Gives More Detail On Planned Tax Cuts

Hungary's Minister for National Economy, Mihály Varga, has put some flesh on the bones of his Government's pledges on tax cuts. Continue Reading »

Offshore »

BVI Financial Services Industry To Take New Direction

The British Virgin Islands Government has received a report that it commissioned on finding a new direction for the financial services industry, the recommendations from which will now be implemented. Continue Reading »

Business »

EFTA Seeks Stronger Ties With Mercosur

A delegation from the European Free Trade Association Parliamentary Committee visited Brazil from April 15 to 17, 2015, to discuss stronger trade relations between EFTA and the Latin American trade bloc Mercosur. Continue Reading »

E-Commerce »

SARS Praised For 2014/15 Performance

South Africa's Minister of Finance, Nhlanhla Nene, has disclosed that revenue collections for the 2014/15 fiscal year are projected to have grown by 9.6 percent during the 2014/15 fiscal year to ZAR986.4bn (USD83.6bn). Continue Reading »

Aviation »

Hong Kong Airport Rethinking Tax For Expansion

With a view to lowering the level of the proposed Airport Construction Fee, the Airport Authority Hong Kong is revising its proposal for funding the HKD141.5bn cost of constructing a third runway at Hong Kong International Airport. Continue Reading »

Marine »

Singapore Extends Maritime Tax Incentives

In his 2015 budget speech, Singapore's Finance Minister, Tharman Shanmugaratnam, announced support for Singapore as an international maritime hub by extending the Maritime Sector Incentive. Continue Reading »

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