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Hollande says he understands Britain but what about the rest of us…
During a pre-election speech in the City French president-elect Francois Hollande told the professionals that he speaks English albeit with a French accent and furthermore he confidently declared that...
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EC Demands Tax-Free ‘Exit’ for Italian Companies.
“Urgent measures for competition, infrastructure development and competitiveness”. That is the aim of a new amendment to Italy’s tax law which will facilitate the tax-free migration of its companies...
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Why Every Government Needs a Good Pair of ‘Flip-Flops’
Rainbow striped toe socks worn with thong sandals (Photo credit: Wikipedia) Not the colourful, rubber- soled slippers popular around the world; but the ‘flip-flops’ used by electricians to create...
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Obama: No We Can’t If Europe Won’t!
Despite having lately laid claim to his Gaelic ancestry, these days it seems the US President has more to talk about with the Germans than he does with the Irish. For good reason. Obama knows that...
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Hollande: Au Revoir et Bonne Chance!
(President Francois Hollande) With legislative elections pending you would be mistaken if you thought French President Hollande might go easy on the tax hikes. No so! Determined to make good on his...
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Who Needs EUROs We Want Russian Rubles.
Options. A very good thing to have if you are a Euro Zone member in search of a bailout. It’s especially good if you also happen to be an ‘onshore’ financial centre with a corporate tax rate of 10% –...
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Same-Sex Union Tax Squabble.
The ‘marriage’ between Germany’s conservatives and its left-wing liberals who together have maintained control of the Bundestag since 2009 is under considerable strain. As a result Angela Merkel finds...
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Same-Sex Tax Squabbles.
A union between a man and a woman is still the definition of marriage in Germany; even though same-sex unions are recognised under the law. In fact, in response to proposals for similar tax treatment...
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Europe Playing ‘Cat and Mouse’ with Automatic Exchange of Information.
(EU Tax Commissioner Algirdas Semeta) Just as the EU starts talks with Switzerland to revise their EU-Swiss Savings Tax Directive, based on planned changes to the EU’s own Savings Tax Directive, EU...
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New Tax Haven Criteria Proposed by Transparency NGOs for European Investment...
(President of the EIB:Werner Hoyer) In a new report published on Tuesday this week, transparency NGOs have called on the the Luxembourg-based European Investment Bank (EIB) to set up its own ‘Tax...
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Quest Means Business.
No, not the popular Richard Quest from the CNN show. The other Mr. Quest – Director General for Taxation and Customs Union, European Commission, Stephen Quest – who apparently also ‘means business’...
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What a Tangled Web!
Fancy a peek at Facebook’s earnings and tax bills? Tax Eurocrats certainly do. So keen are they to compel the world’s largest multinational corporations to open their tax arrangements with EU...
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OECD At Odds Over EU Tax Haven Blacklist
President of the EU Commission Jose Manuel Barros You really cannot make this stuff up! So the EU Commission publishes its long awaited tax haven blacklist of uncooperative countries. Then both the...
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OECD Secretary-General Calls the EU Tax Haven Blacklist Unfortunate
Angel Guirra: Secretary General of the OECD. Read his letter to EU Commissioner Pierre Moscovici here: Filed under: EUTaxPolicy Tagged: automatic exchange of infocmation, EU blacklist, OECD, Tax, tax...
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Why BREXIT is Bad News for OFCs
Tax diplomacy just got more complicated for Offshore Financial Centres (OFCs) following the success of the BREXIT campaign. Coupled with the prospect of another election after Prime Minister Cameron’s...
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