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December 2005

Competitiveness Council Hails Ireland's Tax Policy
EU Simplifies Tax Filing Process For Multinationals
Mauritius Exchange Joins WFE
Turkish Prime Minister Seeks Substantial Tax Cuts
Pensions A-Day Is Coming!
Canadian Supreme Court Strikes Blow Against General Anti-Tax Avoidance Rule
FTAA Still Unburied After Argentine Americas Meeting
Dubai Begins Work On World's Largest Airport
Hong Kong Economy Turns On 'Spectacular' Performance
Cyprus And San Marino Get Together
Senate Approves Tax Cut Bill
Seychelles Government To Launch Non-Bank Regulatory Authority
Russia Will Continue To Reduce Its Tax Burden, Says Putin
McCreevy Takes A Stand Over EU Corporate Tax Plans
London Insurer Announces Bermuda Venture
Dubai Ruler Quashes Speculation Over Tax
Link REIT IPO Secures HK$100 Billion In Retail Orders
EU Approves Measure Designed To Boost Irish Shipping

India and Italy Agree To Amend Double Tax Avoidance Agreement

November 2005

US Tax Panel Recommends Two Plans In Final Report
Chidambaram Pledges Stable Tax System For Indian Businesses
Cypriot Tax Revenues Boosted By Offshore Inflows
BVI Ranked As Largest Source Of Hong Kong's Foreign Investment
Betfair Announces Maltese Launch
Labuan Will Continue To Improve Offshore Regulation
Irish Funds Sector Nears 1 Trillion Dollars
R4 Billion In Offshore Assets To Be Repatriated to South Africa
German Coalition Mulls Unified Company Income Tax
1,000th Listing For CISX
Russia Mulls Plan To Cut VAT By 5%
Switzerland Keeps Options Open On EU Membership
ECCB Forecasts 7% Growth For Region In 2006
Singapore And Mauritius Vie To Supply India's FDI
Brazilian Tax Cuts Likely To Guarantee Billions In Foreign Investment
O2 Launches Super Fast 3G Service In The Isle of Man
HK Lawyers Welcome Third Phase of CEPA
Caruana Predicts Bright Future For Gibraltar
Seychelles To Liberalise Telecommunications Market
Goodale Bullish On Tax Cuts For Canada


October 2005


Snow Praises Quick Action On Katrina Tax Bill
Foreign Companies Pile Into Hong Kong
China Should Maintain Low Tax Rates, Says OECD
French Prime Minister Pledges EUR3.5 Billion In Tax Cuts
Russia's Tax Burden To Continue Falling Over Next Three Years
Switzerland Votes To Allow Workers From New EU Member States To Enter
Bush Calls For Elimination Of All Barriers To Trade
Poland Takes Action On Oil Prices Despite EC Warning
Irish Revenue Facing Potential VAT Refund Bill Of EUR200 Million
Dubai Authorities Enact New Laws For DIFC
Standard Life Takes In GBP1bn On SIPPs Demand
IMF Predicts Stronger Economic Growth For Caribbean
Snow Pushing For Extension Of 2003 Tax Cuts
Guernsey Banking Sector Unaffected By Savings Tax Directive
Dutch Government Hands Out EUR2.5 Billion In Tax Cuts
Mauritius Stock Exchange To Launch Junior Market
OECD Updates Model Tax Treaty
Irish Competition Authority Presents Recommendations For Banking Sector
First Atlantic Launches Dutch/Caribbean Merchant Account
India To Rationalise Income Tax Act


September 2005

Jersey Reports Bullish 2nd Quarter Results
President Bush Signs CAFTA Into Law
Irish Economy Well Prepared For Future Challenges
Cayman Islands Attracting 35 New Funds Per Week
Executives Give Thumbs Up To Malta’s Tax Environment
Isle Of Man Sees Sharp Rise In Funds And Bank Deposits
Australian PM Hints At Cut In Top Rate Of Tax
South Africa To Ease Tax Laws For Expats
New Zealand National Party Unveils Tax Plan
Corporate Tax Payments Ease Pressure On Gordon Brown
Dubai Commodities Exchange Overwhelmed By Membership Applications
Merz Striving For Lowest Rate Of VAT In Europe
Offshore Industry Seeks To Become Mainstay Of Seychelles’ Economy
Indian Fund Of Fund Industry Receives Dividend Tax Boost
Rising Corporate Tax Revenues Shrink US Budget Deficit
Irish Fund Sector Up By 14% In 2nd Quarter
Isle of Man Attracting Major Players In E-Gaming Industry
BP's Russian Tax Claim Reduced
Saudi Investment Authority Mulls Tax Breaks For Foreign Investors
Greek Government Set To Unveil Plans For Flat Tax


August 2005


EC Proposes VAT Changes
Dubai FDI Set To Double By 2010
US Tax Panel Reaches Consensus On AMT Repeal
Luxembourg Referendum Brings 'Yes' Vote
Greek Government Mulls Flat Income Tax
India Signs CECA With Singapore
Ireland Rated As Top Location For Foreign Investors
Pepsi Latest Firm To Repatriate Under AJCA
Berenger Defeated In Mauritian Elections
DIFC To Attract 500 Firms In Three Years
Egypt Slashes Corporate And Personal Tax Rates
Bermuda Monetary Authority Releases Annual Report
Cyprus And Germany Agree Double Taxation Pact
UK's HMRC To Review On-Line Services
Israeli Parliamentary Committee Approves $2.4 Billion Tax Cut Bill
Bush's Tax Relief To Shrink Federal Deficit
Hong Kong And China To Discuss Comprehensive Double Tax Treaty
Taiwan's Cabinet Approves Five Year Tax Break For 3G Operators
Grenada's Tourist Sector Relatively Unharmed By Emily
Hong Kong Coins It From Incoming HINWIs

July 2005

Gibraltar Budget Reflects The Territory's Economic Succes, Caruana Announces
Tsang Launches Hong Kong Leadership Bid On Low-Tax Platform
Guernsey Fund Sector Showing 'Exceptional' Growth
Investors Flock To PartyGaming Despite US Legal Concerns
China Cuts Share Taxes To Revive Flagging Stock Market
US Federal Deficit Sinks As Tax Revenues Soar
South African Tax Amnesty Applicants Granted Tax Return Reprieve
UAE Law Allowing Foreign Ownership Of Property Expected This Year
Cook Islands Budget Focuses On Recovery
IMF Urges Aruba To Continue Tax Reforms
New Zealand Government Proposes Fairer Rules On Taxing Investment Income
Job Figures Reveal Continued Growth In Ireland's Financial Services Industry
Bermuda To Amend Exempt And Overseas Company Legislation
UK Treasury Faces £20bn Tax Refund Bill From Deutsche Bank Tax Case
Hong Kong Offshore Fund Tax Exemption Bill To Go Before LegCo In July
China Announces Licensing Of Textile Exports
New UK Tax Body Announces Structure
Switzerland Considering EU Options
Belgium To Introduce 'Cost Of Capital' Deduction
US Tax Panel Now Confabulating

June 2005

ECJ's VAT Ruling To Have Dramatic Impact
Dubai Commodities Exchange Near Opening
US Ruling Favours Luxembourg Holding Company Structures
Indian Ministers Agree On Special Economic Zones Bill
Dutch Tax Package To Improve Business Environment
Hong Kong Maintained Economic Growth In First Quarter
WTO Breaks Agriculture Log-Jam
South African Tax Amnesty Expected To Add R50 Billion To Economy
German Cabinet Approves Tax Cut Measures
Cullen Announces New Tax Package To Help New Zealand’s SMEs
Jersey Financial Sector Continues To Grow
GCC Finance Ministers Accept Plans For Duty-Free US Imports
Canada’s Corporate Tax Cuts Are Safe, Claims Martin
Vanuatu Lifts Itself Out Of Economic Swamp
LOFSA Publishes Review Of 2004
Russian Cabinet Approves Plan To Rein In Tax Service
Ramifications Of Section 660 Decision ‘Greatly Exaggerated’ Says Judge
China Restores 17% Export Tax Rebate On IT Products
Cypriot Supreme Court's Ruling Good News For Investors
US Tax Revenues Beat Projections


May 2005

Against The Odds, Berlusconi’s Tax Cuts Remain On The Agenda
Dubai’s Economic Growth Rate Soars
Bermuda Popular With US Investors
‘No Cut In Salaries Tax For Hong Kong This Year,’ Tang Tells Lawmakers
Japan And Australia Launch Feasibility Study On FTA
Spain Mulls Cut In Top Rate Of Income Tax
Bulgaria To Cut Corporate Income Tax
New York City Hopes To Cash In On Chinese Film Production Boom
First Chinese REIT May List In Hong Kong
Botswana And Seychelles To Enter Into DTAA
New Net Tax Ban Bill Put Forward In Congress
House Votes To Repeal US Estate Tax
Pro EU Candidate Wins Northern Cyprus Elections
British Entrepreneur Defends Russian Tax System
German Corporate Tax Cut May Be Passed By The Summer
Luxembourg Fund Industry Tops $1.5 Trillion
Costello Wins Breakthrough In Tax Impasse With States
EU Savings Tax Directive On Schedule For July 2005 Introduction
Gibraltar FSC Joins IOSCO
India Set To Phase Out Central Sales Tax
EU And GCC Meet To Discuss Free Trade Agreement


April 2005

Putin Offers To Make Peace With Business
Berlusconi Has Funds For EUR12 Billion In Tax Cuts
OECD Readies Changes To Model Double Tax Agreement
IOM Delegation Signs MOUs In The Gulf
Netherlands To Scrap Capital Tax On Investment Funds
Inland Revenue Introduces Enhanced Online Facilities For Tax Agents
Turkey Agrees To Customs Union With New EU Members
Senate Republicans Reach Initial Agreement Over Tax Cut Extensions
Chinese Firms To List Simultaneously On Hong Kong And China Bourses
Anguilla Issues First 'Fast-Track' Fund License
Hong Kong Will Abolish Death Tax
European Companies May Be Able To Recover VAT On Capital Raising Costs
Gordon Brown Leaves 'Non-Doms' Unscathed
Schroeder Proposes Substantial Corporate Tax Cut
Poland To Put In Place Flat Tax System
IMF Publishes Report On Bermuda's Regulatory And Supervisory Regimes
CEPA Bringing Major Boost To Hong Kong
Jersey Firm Wins Sukuk From Gulf Tour
India May Suspend Labour Law In Liberalized SEZs
US Sees Trade Agreement With UAE By Year End


March 2005

Greenspan To Testify Before US Tax Reform Panel
EU Will Not Rush To Re-Impose Tariffs On US Despite Concerns Over New Tax Law
GIBA Welcomes Introduction Of Qualifying Investor Funds Regime
India To Cut Corporate Income Tax
Intuit And H&R Block Offer Tax Prep Software Free To All
Islamic Real Estate Fund Launched Focusing On Dubai’s Property Market
Isle Of Man Budget Extends Zero Tax Regime
California Commences New Tax Amnesty Program
Canada To Cut Corporate Income Tax
Consensus Over Stability And Growth Pact Edges Closer
South Africa Cuts Business Tax
Putin Keen To Limit Powers Of Tax Investigators
Taxes Left On Hold In Bermudian Budget
Hong Kong-Based Law Firms Benefiting From IPO Surge
OECD Urges Australia To Cut Marginal Tax Rates
Bloomberg Sings Praises Of New York’s Film Tax Incentives
Isle Of Man Sees Second Protected Cell Company Established
Cayman Islands A Conduit For Asian Hedge Fund Investors
Bush’s 2006 Budget Proposes $1.3 Trillion In Tax Cuts
Singapore Seeks Investment Boost With New Tax Cut Package


February 2005


Cypriot Tax Amnesty Highly Successful, Says Tax Office
Guidance Issued On New US Manufacturing Tax Deduction
Russia To Limit Taxman’s Powers
Ireland Hopes To Double Trade With China In 5 Years
Gibraltar Government Welcomes Resolution Of Exempt Company Dispute
China Reduces Stamp Duty On Share Transactions
Netherlands Antillean Islands Discuss New Constitutional And Financial Arrangements
Amazon To Locate Technical Operations Centre In Ireland
Isle of Man Emphasizes Commitment To E-Gaming Industry
US States Canvass Bids For New Internet Tax Collection System
Tax Cut Continues To Boost US Company Dividend Payments
Japanese Investors Keen On Caribbean-Based Hedge Funds
DFSA Seeking MoUs With Local And International Regulators
European Court Begins Deliberations On Key Corporate Tax Case
Hong Kong Attracted Record Numbers Of Foreign Firms in 2004
Resolution Of Tax Issues Could See German REITS Introduced In 2006
Cayman Islands Financial Services Industry Grew In 2004
EU To Lift Trade Tariffs On US
Bahamas Publishes Guidelines For Fast Track Investment Fund Licence Applications
Momentum Growing For Simplification Of Australia’s Tax Laws


January 2005


Chirac Keen To Regain Tax Cut Momentum
Germany Planning To Equalise Corporate Tax Levels, Report Suggests
Bush Signs Extension To Net Tax Ban
Isle of Man Business Barometer Paints Optimistic Picture
Hong Kong/China Trade Ties Strengthened By CEPA II
Fitzrovia Report Highlights 15% Growth In Guernsey Funds Industry
EU Council Adopts Code Of Conduct On Transfer Pricing Double Taxation
Split Cap Compensation Deal Goes Ahead
John Snow Stresses Bush Administration's Commitment To Tax Reform
Dubai Taps Into Chinese Growth Through Acquisition Of Port Operations
Switzerland Still Attractive To Multinationals Despite Tax Concerns
Australia To Simplify Self-Assessment Filing System
China To Extend Stamp Duty Exemption For Closed-End Funds
Conservatives Plan To Scrap UK Inheritance Tax
New Laws Promulgated For DIFC
Investors Run To The Forests For Protection Against Stock Downturns
Canadian Provinces Engage In Tax Competition To Lure Back Film Makers
Turkey Set To Cut Corporate And Personal Income Taxes
Berlusconi Wins Fight To Cut Tax In 2005
Cyprus On Course To Join The Exchange Rate Mechanism

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