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Features Latest News
Wyden Pushes US Tax Reform As Inversion Activity Slows,
by Mike Godfrey, Tax-News.com, Washington
Last updated 9 hours ago | Tuesday, October 21, 2014
Senate Finance Committee Chairman Ron Wyden has indicated that, as companies appear to be reconsidering inversions following the administrative measures put forward by the Treasury Department last month, he is focused on reforming the US tax code, rather than pressing for immediate anti-inversion legislation. [ FULL STORY ]
US Calls For Greater Japanese Ambition On TPP,
by Mike Godfrey, Tax-News.com, Washington
Last updated 9 hours ago | Tuesday, October 21, 2014
During a telephone conversation with Japanese Prime Minister Shinzo Abe on October 15, United States President Barack Obama stressed "the need to be bold" in order to move forward the stalled negotiations on Trans-Pacific Partnership tariffs. [ FULL STORY ]
UK Tax Gap Widens,
by Robert Lee, Tax-News.com, London
Last updated 34 hours ago | Monday, October 20, 2014
The UK tax authority, HM Revenue and Customs (HMRC), has revealed that the UK tax gap grew to 6.8 percent in the fiscal year 2012-13, up 0.2 percent year-on-year. [ FULL STORY ]
Austria Given Extra Year To Automatically Exchange Tax Data,
by Ulrika Lomas, Tax-News.com, Brussels
Friday, October 17, 2014
The member states of the European Union have agreed to expand the scope of mandatory automatic exchange of tax information by 2017, with Austria being granted an extra year to develop the infrastructure needed to comply with the new law. [ FULL STORY ]
Cato Institute Praises US Governors' Tax Cut Policies,
by Mike Godfrey, Tax-News.com, Washington
Friday, October 17, 2014
The Cato Institute, a libertarian think tank in the United States, has recently issued its twelfth biennial fiscal report card on the policies of US Governors, which examines state budget actions since 2012. [ FULL STORY ]
Mexican Lawmakers Call For VAT Cut For Border States,
by Mike Godfrey, Tax-News.com, Washington
Thursday, October 16, 2014
57 opposition party senators have called for a return to the 11 percent rate of value-added tax in Mexican border states. [ FULL STORY ]
Steris To Redomicile In The UK Through Synergy Acquisition,
by Mike Godfrey, Tax-News.com, Washington
Wednesday, October 15, 2014
Ohio-based Steris Corp has confirmed that it is to acquire UK-based Synergy Health in a deal worth USD1.9bn, with the combined entity to be tax resident in the UK. [ FULL STORY ]
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