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Mexico, Qatar Sign DTA
5/15/2012 On May 14, 2012 in Mexico City, Mexico’s Deputy Secretary of the Treasury
and Public Credit, José Antonio González Anaya, and Qatar's Director
of Public Revenues and Taxes, Moftah Jassim Al Moftah, signed a double taxation
agreement between their two countries.
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US Issues Annual IPR Country Report
5/3/2012 The Office of the United States Trade Representative has released its annual
‘Special 301 Report’ on the perceived adequacy and effectiveness of
US trading partners’ protection and enforcement of intellectual property
rights (IPR).
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Nations Air Grievances At WTO Anti-Dumping Body
5/1/2012 The World Trade Organization's Committee on Anti-Dumping Practices held a meeting with WTO members recently to present feedback on 30 anti-dumping actions taken during 2011, and to hear nations' current trade policy concerns.
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Kirk Explains US Asia-Pacific Trade Policy
5/1/2012 In remarks at Singapore Management University, the United States Trade Representative
Ron Kirk described the Administration’s broad trade policy in the Asia-Pacific region
as using the Trans-Pacific Partnership to make further progress with its
trading partners around the Pacific Rim.
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USITC Surprises With Two Rulings For Asian Exporters
4/23/2012 The United States International Trade Commission has surprised and caused
a certain amount of consternation within American industry, by ruling, twice on
the same day, that domestic manufacturers were not being harmed by imports from
their Asian competitors.
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Results Of Annual US Review Of Telecommunications Trade Agreements
4/10/2012 United States Trade Representative Ron Kirk has announced the results of
the 2012 annual review of the operation and effectiveness of telecommunications
trade agreements under Section 1377 of the Omnibus Trade and Competitiveness Act
of 1988.
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APEC Focuses On Trade And Investment
4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative
efforts to evaluate and identify initiatives to support freer, faster and more
beneficial trade in the region that will lead ultimately, it is hoped, to a Free
Trade Area of the Asia Pacific.
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WTO Members Pressure Argentina On Trade Policy
4/9/2012 At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly
expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
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OECD Issues New Peer Reviews
4/5/2012 The Organization for Economic Cooperation and Development, publishing eleven new peer reviews, has said that the vast majority of territories which have been subject to critical assessments have implemented satisfactory legislative regimes that can facilitate the exchange of information on request.
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Argentina Eyes Protectionist Trade Measures
3/26/2012 The Argentinian government is set to announce increases to import duties on 100 items, and will seek to revise a long-standing vehicle trade pact with Mexico - mirroring an earlier move by Brazil - as part of a package of measures to mitigate the nation's growing trade deficit.
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US Explains Anti-Dumping Investigative Process
3/23/2012 As the Department of Commerce is scheduled to release shortly a series
of determinations regarding antidumping duties, when a foreign company sells
a product in the United States at less than fair value, and countervailing duties to offset the benefits of foreign government subsidies, it has issued an
explanation of how its investigative process works in that regard.
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Brazil, Mexico Clash Over Auto Agreement
3/19/2012 The Mexican government has resisted the Brazilian government's request to significantly
limit car imports for the next three years in talks initiated after Brazil threatened
to walk away from a long-standing agreement that provides preferential tax treatment
for bilateral automobile trade.
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TPP Talks Make Further Headway
3/14/2012 The Office of the United States Trade Representative has stated that the
prospective Trans-Pacific Partnership free trade partners – Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the US, and
Vietnam – made further strong headway during the recent eleventh round of
negotiations in Melbourne.
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Concern Expressed At Drop In Mexican Oil Revenues
3/6/2012 During a recent speech to the Mexican Stock Exchange, Federal Reserve Bank of
Dallas President and CEO, Richard W. Fisher, has expressed concern at Mexico’s
declining oil production and revenues.
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Mexico, Lithuania Sign DTA
2/28/2012 On February 23, 2012, in Mexico City, Mexico’s Undersecretary of Finance,
Jose Antonio Gonzalez Anaya, and Lithuania’s Ambassador, Zygimantas Pavilionis,
signed a double taxation agreement designed to promote investment flows
between their two countries.
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APEC Business Leaders Push Asia-Pac FTA
2/29/2012 The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated
Asia Pacific economy, and on liberalizing and facilitating trade and investment,
leading ultimately to a Free Trade Area of the Asia Pacific.
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Brazil May Pull Out Of Auto Trade Deal With Mexico
2/8/2012 The Mexican government is to meet for negotiations with Brazil after the latter nation threatened to call an end to a trade agreement which allows Mexican car exporters tariff-free access to the Brazilian auto market.
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Peru, Mexico FTA Comes Into Force
2/3/2012 An updated free trade pact between Peru and Mexico, which will increase the number
of tariff items with preferences attached to 12,000, entered into force on February
1, 2012.
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Mexico, Ukraine Sign DTA
1/26/2012 On January 23, 2012, in Mexico City, Mexico’s Secretary of Finance, Jose
Antonio Meade Kuribreña, and Ukraine’s Foreign Affairs Minister,
Kostyantyn Gryshchenko (pictured), signed a double taxation agreement designed to promote
investment flows between their two countries.
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US Appeals In WTO Dispute With Mexico
1/26/2012 The United States Trade Representative has confirmed that it is filing
an appeal in the World Trade Organization dispute with Mexico challenging
the United States’ dolphin-safe labeling measures for tuna products sold
in America.
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WTO Extends Deadline In Labelling Dispute
1/11/2012 Canada, Mexico and the US's joint request was granted at the meeting of the Dispute Settlement
Body, to extend, until March 23, 2012, the deadline for the adoption or appeal of
the panel reports in the case regarding country of origin labelling requirements.
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US Confirms TPP Not Aimed Against China
1/9/2012 At the Center for Strategic and International Studies in Washington to launch
a speaker series entitled the "Trans-Pacific Partnership: Recovery
through Growth in Asia and the Next Generation of Regional Trade Agreements",
the Deputy National Security Adviser Michael Froman said that the proposed extension to the TPP is not directly aimed against the interests of China.
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US Busts Extensive Panamanian Money-Laundering Racket
1/3/2012 The US Department of the Treasury's Office of Foreign Assets Control has announced
a major crackdown on an extensive money laundering network based primarily in
Panama, which includes several money exchange businesses based in the nation.
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US, Canada, Mexico Reaffirm Antitrust Cooperation
12/23/2011 The heads of the antitrust agencies of the United States, Canada and Mexico met
recently in Mexico to reaffirm their commitment to effective enforcement cooperation.
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Central American Free Trade Pact Sealed
12/12/2011 Mexico and five Central American nations, Nicaragua, El Salvador, Costa Rica,
Honduras, and Guatemala have agreed to the signing of a new consolidated Free
Trade Agreement, to unify existing bilateral arrangements under one pact.
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Singapore's TIE Protocols With Mexico, Qatar To Enter Into Force
12/6/2011 The protocols to the existing double taxation agreements between Singapore
and both Mexico and Qatar, which incorporate the internationally-agreed Organization
for Economic Cooperation and Development standard for the exchange of information
for tax purposes, will enter into force on January 1, 2012.
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Mexico Has OECD's Lowest Tax Burden
11/30/2011 The Organization for Economic Cooperation and Development has published its annual report on the tax burdens in place in 2010 among its members, which shows that Mexico had the lowest tax-to-GDP ratio at 18.7%.
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APEC Approves Cross-Border Privacy Rules
11/18/2011 The Asia-Pacific Economic Cooperation group has approved a new initiative to harmonize cross-border data privacy protection, which is designed to enhance the protection of consumer data that moves between its members, including the United States, at a time when more consumer information is moving across national borders.
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APEC Looks At Regional Economic Integration
11/17/2011 Under the chairmanship of US President Barack Obama, the leaders of the Asia-Pacific
Economic Cooperation group, at their recent meeting in Hawaii, adopted the ‘Honolulu
Declaration’, which looks towards a 'seamless regional economy',
by strengthening regional economic integration and expanding trade, promoting
green growth, and advancing regulatory convergence and cooperation.
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TPP Participants Reach Outline Agreement
11/16/2011 Following talks on the sidelines of the Asia-Pacific Economic Cooperation Leaders Meeting in Honolulu, the countries negotiating the proposed extension
to the Trans-Pacific Partnership - Australia, Brunei Darussalam, Chile,
Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam –
announced they had reached the broad outlines of an agreement.
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Mexico Discloses Increased Tax Revenues
11/9/2011 With Mexico’s economy showing a growth rate of 3.7% in the third quarter
of this year, the government’s tax revenues also continued to register significant
growth, due primarily to higher oil revenues.
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UK, Mexico Sign IP Agreement
10/27/2011 A Memorandum of Understanding, to improve international cooperation between
the two nations on issues involving copyright, patents, trademarks and designs,
has been signed between the United Kingdom Intellectual Property Office and the Mexican Institute of Industrial Property.
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G-20 Nations Failing To Honour Protectionism Pledges
10/27/2011 Disappointingly weak growth in some G-20 members is testing the political resolve
of many governments to resist trade protectionism, says a new report from the World
Trade Organization, the United Nations and the Organisation for Economic Cooperation and Development,
which examines trade and investment measures implemented in the third quarter of 2011.
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Brazilian Car Import Tax Hike Concerns WTO Members
10/19/2011 Japan is said to be leading a chorus of protest at the World Trade Organization against a protectionist measure announced by Brazilian authorities in September to shield the nation's car manufacturing and car assembly industry from cheap foreign imports.
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Mexico Extends Tax Breaks For Export Companies
10/13/2011 Mexico’s President Felipe Calderón has announced the extension, to December 31, 2013, of the corporate tax breaks provided under the IMMEX scheme, which provides incentives for the country’s export companies.
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US Harbour Maintenance Tax Under Investigation
10/10/2011 The United States Federal Maritime Commission is to undertake an inquiry
into the tax and other disparities that may be causing US-bound cargo to be driven
to Canadian and Mexican ports.
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Brazil May Relax Car Component Tax Hike
10/5/2011 The Brazilian government may review its decision in September to hike the industrial
products tax on carmakers by up to 30%, which is aimed at shielding Brazil's vehicle
and vehicle component manufacturing industries from international competition.
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Eight Countries Sign ACTA
10/4/2011 The United States Trade Representative has issued a statement on behalf of Australia, Canada, the European Union and its member states, Japan, South Korea,
Mexico, Morocco, New Zealand, Singapore, Switzerland and the United States, who have
reaffirmed their commitment to the Anti-Counterfeiting Trade Agreement at a signing ceremony in Tokyo.
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Brazil Announces Protectionist Car Import Tax Hike
9/22/2011 To shield Brazil's vehicle and vehicle component manufacturing industries, the government
has announced that it will hike the industrial products tax on carmakers by up to 30%, applicable
to vehicles that are assembled mainly from foreign-manufactured components.
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Caribbean Territories Sign Up To Anti-Corruption Drive
9/15/2011 A number of offshore Caribbean territories have notified their consent to receive
on-site visits to evaluate their compliance with the Inter-American
Convention against Corruption.
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Increased Mexican Budget In 2012, But No Tax Rises
9/13/2011 The Mexican government’s 2012 budgetary package, which has recently been
presented to parliament, includes increased spending and a marginally reduced
deficit, but without any changes to taxation.
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European Commissioner Reviews IPR Policies
9/12/2011 During a speech in Brussels on international trade and intellectual property rights,
Karel De Gucht, the European Commissioner for Trade, stressed his commitment to
ensure effective protection of those rights both within the European Union and abroad.
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Switzerland Tops WEF Competitiveness Index
9/9/2011 Switzerland tops the overall rankings in the Global Competitiveness Report for 2011-2012,
released on September 7 by the World Economic Forum.
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Mexican Telcos Urge Removal Of Service Tax
9/2/2011 In a recent radio interview, Santiago Fernández Gutiérrez, president
of Mexico's National Chamber of the Telecommunications and Informational Technology
Industry has reiterated the industry’s request for the government
to phase out the 3% production and service tax that applies to telecommunication
services in Mexico.
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Mexico Boosts State Guarantees For SME Financing
8/18/2011 Mexico’s Secretary of Finance, Ernesto Cordero Arroyo, has led a presentation
of the federal government’s funding strategy for small and medium-sized
enterprises, and additional resources were announced for its guarantee programme.
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Withholding Tax Cut In NZ's DTAs with Mexico, Chile
8/17/2011 Peter Dunne, New Zealand’s Minister of Revenue, has announced new lower non-resident withholding tax rates on dividends and royalty payments under New Zealand’s double tax agreements with Chile and Mexico.
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IMF Urges Mexican Tax Reforms
8/10/2011 The International Monetary Fund, in its conclusions following the completion
of its latest Article IV consultation with Mexico, warned that the country’s
non-oil tax revenue base needs to be developed to meet the medium-term challenge
of reduced oil revenues.
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US, Mexico Sign Cross-Border Trucking Agreement
7/11/2011 On July 6, in Mexico City, the United States Transportation Secretary, Ray LaHood,
and the Mexican Communications and Transport Secretary, Dionisio Arturo Pèrez-Jàcome
Friscione, signed agreements resolving the dispute over long-haul, cross-border
trucking services between the US and Mexico.
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Guernsey Signs TIEA With Mexico
7/1/2011 The Guernsey government has announced the signing of a Tax Information
Exchange Agreement with Mexico, its first such agreement with a Latin American country.
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Portugal Begins New DTA Negotiations
6/21/2011 The Portuguese government is seeking to expand its tax treaty network, beginning negotiations with three new countries over the last month: Peru, Gabon and Senegal.
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Mexico Renegotiates Central American FTAs
6/2/2011 Mexico has taken a further step forward in its aim of renegotiating its Central American trade treaties, with the conclusion of a fifth round of talks.
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Trade Restrictions On The Rise
5/26/2011 Global trade and investment appear to be facing opposing forces both pushing and pulling against the prospects for economic recovery, as governments attempt to attract foreign investment on the one hand while shielding their economies from foreign competition by raising trade barriers on the other, according to a new report.
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APEC Stresses Doha Urgency
5/24/2011 A major negotiating breakthrough is required if the Doha Round is to reach a successful conclusion, with many gaps remaining unbridgeable, the Asia-Pacific Economic Cooperation organization has said.
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Pakistan, Mexico Initial DTA
5/24/2011 Pakistan and Mexico have initialled a draft Convention for Avoidance of Double Taxation, according to a statement released by the Pakistan Federal Board of Revenue.
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Mexico, Costa Rica Sign TIEA
5/23/2011 Mexico and Costa Rica have signed an agreement providing for the mutual exchange of information on tax, designed to combat tax evasion and comply with international standards.
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Mexico Urged To Bolster Tax Take
5/18/2011 Despite having weathered the global recession comparatively well, Mexico requires an extensive remodelling of key elements of its tax system, designed to strengthen low revenue levels by reducing reliance on volatile oil markets, broadening the tax base, and tackling tax evasion, the Organization for Economic Co-operation and Development has concluded.
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Tax Burdens On The Increase, Says OECD
5/13/2011 Average tax burdens rose in 22 of the Organization for Economic Co-operation and Development's 34 member countries in 2010, with France, Belgium, Germany and Italy among the highest-taxed countries.
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LatAm & Caribbean Sees Influx Of Foreign Direct Investment
5/9/2011 Latin America and the Caribbean saw a 40% increase in Foreign Direct Investment during 2010, with a further upsurge of 15% - 20% expected in 2011, according to a new report by the Economic Commission for Latin America and the Caribbean.
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Mexico Adopts ICC's Carnet System
5/9/2011 The ATA Carnet System is set to expand its membership on May 16 when Mexico
will join the international system. ATA Carnets reduce paperwork and costs for
business-people travelling with goods between countries party to the arrangements,
and allow temporary duty- and tax-free import and export of goods for up to
one year.
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Latin America's 'Decade Of Opportunity' Discussed
5/4/2011 Latin America's emergence as an important area of interest for trade and investment has been highlighted over the course of two recently held events. Delegates at an influential forum have argued that the region has a "decade of opportunity" ahead of it, while a round table discussion on relations with the European Union stressed that a unique chance exists for the strengthening of such ties.
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Canada Opens Door For Mexican Used Car Imports
5/4/2011 Canada has amended its motor vehicle and environmental legislative provisions to provide for used car importation from Mexico under the North American Free Trade Agreement.
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APEC Business Leaders Call For Free Trade Deal
5/3/2011 The APEC Business Advisory Council, formed of business leaders from the
21 economies of the Asia-Pacific Economic Cooperation have recommended,
during a recent meeting in Seoul, that concrete steps should be taken to realise
a Free Trade Area of the Asia-Pacific.
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Latin American Trade Bloc Deal Draws Closer
4/29/2011 Latin American nations look set to draw their trade regimes closer together, as Mexican, Chilean, Colombian and Peruvian ministers gathered in Lima to press forward with the signing of a free trade bloc agreement.
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Mexico, Isle of Man Sign TIEA
4/12/2011 Mexico and the Isle of Man have signed a Tax Information Exchange Agreement, which meets international standards on tax co-operation and transparency set by the Organization for Economic Co-operation and Development.
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Peru, Mexico Agree New Free Trade Deal
4/11/2011 After five years’ negotiation, Mexico and Peru have signed an agreement to expand
the number of products that are exempt from trade tariffs, described
by Peruvian President Alan Garcia as a key step towards concluding a more ambitious
four-party free trade pact to include Chile and Colombia.
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Switzerland Seeks To Amend DTAs
4/11/2011 The Swiss Federal Council has recently requested authorization from the National
Council and the Council of States to amend certain double taxation agreements, already approved by parliament, to ensure that they are in line with
internationally applicable standards on administrative assistance in tax matters.
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Peru Targets April Signing For Mexican FTA
4/4/2011 Peru’s Vice Minister of Foreign Trade, Carlos Posada has said that the
government is doing its utmost to achieve the signing of the Free Trade Agreement
being negotiated with Mexico, stating that an April signing is workable if the
countries can agree final terms.
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Mexican Opposition Presents Tax Reform Package
3/14/2011 The Institutional Revolutionary Party, Mexico’s largest opposition
party, has proposed a tax reform package that is aimed at reducing the country’s
dependence on oil revenues by widening its tax base and encouraging tax compliance,
thereby providing further revenue for economic development.
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Mexico To Strengthen Regional Trade Ties
3/11/2011 Latin American countries have been looking to deepen their free trade arrangements and to further trade negotiations, with the Mexican economy minister providing evidence before the senate on the matter.
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US, Mexico Have Plan To Resolve Trucking Dispute
3/7/2011 United States President Barack Obama and the Mexican President Felipe Calderón
have announced that their two countries have found a clear path to resolving the
long-running trade dispute, which prevents Mexican haulage firms from operating
their trucks across the US border on safety grounds.
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New US/Canada Border Fee Proposed
2/22/2011 A proposed USD5.50 fee aimed at travelers arriving in the USA via sea or air, has been met with criticism from Canada. A passenger inspection fee was included in Obama's 2012 Budget, and, although the Budget itself was delivered on February 14, attacks on the proposal began on February 17, as the finer details of the package began to emerge.
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Mexico Makes School Fees Tax-Deductible
2/17/2011 Mexico’s President Felipe Calderón has announced the signing of a
government decree that adds a provision into the country’s income tax law,
such that individuals will be able to utilize a deduction for the payment of school
fees.
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Mexican Tax Change To Boost Bermudian Business
2/11/2011 A change in Mexico's tax laws will benefit Bermudian entities doing business in the Central American country, particularly those in the insurance sector, says Bermuda's Prime Minister Paula Cox.
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US Seeks To End Mexican Trucking Dispute
1/11/2011 The Obama administration has signalled that it wants to see a resolution to a long-running trade dispute with Mexico, which prevents Mexican haulage firms from operating their trucks across the US border on safety grounds.
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South Korea Seeks FTA With Mercosur
1/4/2011 Following a meeting in Brazil between the new Brazilian President, Dilma Rousseff,
and South Korea’s Prime Minister, Kim Hwang-sik, it was disclosed that the
latter had emphasized South Korea’s willingness to begin free trade agreement negotiations with Mercosur.
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Mexico Clarifies IMMEX Tax Incentives
12/30/2010 The Mexican government has published details of revisions to the IMMEX Decree, which provides a tax incentive framework for certain companies exporting goods from Mexico.
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USTR Presents ACTA For Consultation
12/22/2010 Following its finalisation last month, the Office of the United States Trade Representative has now submitted the text of the Anti-Counterfeiting Trade Agreement for public comments, prior to its possible signature by the US government.
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OECD Notes Fall In Global Tax Burden
12/15/2010 The Organization for Economic Cooperation and Development has noted a decline
in revenues during 2009 among its member countries, in cash terms, which it
said was driven by declining economic activity, and tax cuts introduced
to cushion countries’ economies from the downturn.
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Jersey Signs TIEAs With Turkey, Mexico
11/29/2010 Jersey Finance welcomed the signing of two further Tax Information Exchange
Agreements last week, with Turkey and Mexico.
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Mexican Assembly Approves 2011 Budget
11/17/2010 Mexico’s lower house of Congress has approved the 2011 spending budget with an increase of 8.2% compared with the present year.
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ACTA Ready For Ratification
11/17/2010 Participants in the Anti-Counterfeiting Trade Agreement negotiations have
announced that the text of the agreement has been finalised and that, following
legal verification of its drafting, it will be ready to be submitted to the participants’
respective domestic authorities for ratification.
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APEC Commits To Free Trade
11/12/2010 Trade and foreign ministers of the 21 Asia-Pacific Economic Cooperation member nations recommended the extension of the commitment to a standstill on
new trade and investment barriers until the end of 2013, and confirmed that concrete
steps should be taken to realise a Free Trade Area of the Asia-Pacific.
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Japan Bids To Join Pacific Trade Area
11/10/2010 Japan's Prime Minister Naoto Kan has indicated that Japan is willing to participate in talks on joining a free trade pact with the Trans-Pacific Partnership as discussions begin in Yokohama at the 21-member Asia-Pacific Economic Cooperation forum.
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Mexican Upper House Ratifies Budget
10/27/2010 The income portion of the Mexican government's 2011 budget has been ratified by the upper house of congress.
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Mexico Compromises On Income Budget
10/22/2010 The income portion of the Mexican government's 2011 budget has been approved by the lower house of congress but with some additional taxes and more lax deficit limits.
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Mexico, Bahrain Sign Tax Treaty
10/18/2010 The secretary of the Mexican treasury, Ernesto Cordero Arroyo and secretary of finance for Bahrain, Shaikh Ahmed bin Mohammed Al Khalifa, have signed a double taxation treaty in Washington DC.
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UK Leads EU Tax Rate Hikes
10/12/2010 New research from KPMG has shown that workers in the United Kingdom are suffering more than most as a result of post-crisis tax policy, with the UK’s
personal income tax rates now the fourth most punitive in Europe, up from thirteenth
a year prior.
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Negotiated ACTA Text Is Released
10/11/2010 Although there are a small number of outstanding issues, the text of the Anti-Counterfeiting
Trade Agreement has now been publicly released following the conclusion
of the final round of negotiations in Tokyo, Japan, on October 2.
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ACTA Negotiations Concluded In Japan
10/6/2010 The government of Japan, which hosted the talks in Tokyo, has announced that the
11th and final round of the negotiations for the Anti-Counterfeiting Trade Agreement
has been concluded successfully.
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APEC Officials Focus On Free Trade
9/29/2010 Asia-Pacific Economic Cooperation officials met recently in Japan to discuss
key reports and recommendations on enhancing regional trade and economic integration
that will be submitted to leaders and ministers of its member economies when they
meet in November this year.
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Mexico Ruling Party Resists Opposition Tax Cut
9/22/2010 The Mexican government’s 2011 budget plans to maintain tax rates at present levels are being driven off course by an opposition party's proposal to force through a cut to value added tax from 16% back to 15%. Minister of Finance, Ernesto Cordero Arroyo, described this as irresponsible.
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Belize Signs TIEAs With Nordic Countries
9/22/2010 Belize has signed tax information exchange agreements with seven Nordic countries, which will allow for the sharing of tax-related information in accordance with the standards established by the Organization for Economic Cooperation and Development.
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MEPs Call For Transparency In ACTA Negotiations
9/13/2010 A majority of the members of the European Parliament have called for more
transparency in the ongoing negotiations for the proposed global Anti-Counterfeiting
Trade Agreement, and has asked the European Commission to make all
related documents public.
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Genco Makes Gains In Mexican VAT Dispute
9/9/2010 Genco Resources Ltd, a publicly traded mining company which primarily owns La Guitarra silver-gold property in Mexico, has made some good progress in four lawsuits in Mexico aimed at obtaining Value Added Tax refunds.
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Panama Expands Tax Agreement Network
9/8/2010 Panamanian Vice President and Foreign Minister Juan Carlos Varela has flown to Europe to sign double taxation treaties with Portugal, Italy, Spain, France, and Luxembourg.
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Mexico, Cayman Islands Sign TIEA
9/8/2010 The Cayman Islands has signed its 20th Tax Information Exchange Agreement, with Mexico.
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Colombia, Portugal Sign DTA
9/6/2010 A double taxation agreement signed between Colombia and Portugal adds to those already concluded by Colombia with Spain, Switzerland, Chile, Canada, Mexico and South Korea.
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South Africa's DTAs With Mexico, Rwanda Become Effective
9/1/2010 The bilateral double taxation agreements completed by South Africa with
Mexico and Rwanda have both been passed by parliament and entered into force recently, the South African Revenue Service announced on August 31.
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Asia-Pacific Business Leaders Commit To FTAAP
8/31/2010 The Business Advisory Council of the Asia-Pacific Economic Cooperation has affirmed its belief that making progress on a Free Trade Area of
the Asia Pacific presents the best strategy for achieving regional growth.
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Calderon Says No Tax Rise For Mexico
8/26/2010 Mexico's President, Felipe Calderon, has said that he is unlikely to recommend tax increases in the 2011 budget after opposition parties had rejected previous initiatives to broaden the tax base.
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