Draft legislation has been released by the Australian government which will enforce companies' compliance with tax and superannuation guarantee obligations.
The Organisation for Economic Cooperation and Development has welcomed Russia's
adoption of the OECD Anti-Bribery Convention at a ceremony in Paris on February
17, 2012.
UK shareholders will be given more powers to block excessive pay proposals and payments for failure under new proposals from the Business Secretary, Vince Cable.
A series of workshops have been launched to help businesses and their employees to
better understand and comply with new regulatory requirements and better meet
stakeholder expectations when operating in Jersey.
Continuing his attack on 'irresponsible capitalism' the UK's Deputy Prime Minister Nick Clegg has said that he wants to cut red tape and reform the tax system to encourage employee ownership.
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.
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.
Six months into its operation, the UK's Bribery Act has not significantly affected companies' ability to do business, according to a new survey from Ernst and Young.
The Australian government has announced that the future of the company annual general meeting is to be examined in the light of changes to the way in which information is distributed and how shareholders interact with their companies.
The Swedish government has announced plans to set up a corporate tax committee
tasked with examining the issue of questionable, ‘aggressive’ tax
planning in the private healthcare and education sectors with respect to interest deductions.
A bill that tightens rules around company directors and company registration has been introduced to the New Zealand Parliament by Commerce Minister Simon Power.
In the week that Denmark imposed a ‘fat tax’ on food and it has been suggested that Britain and France could follow suit, a visiting American obesity expert has called on Australia to start taxing soft drinks.
Big Four firm Ernst and Young has commented on the Organization for Economic Co-Operation and Development's recent criticism of Canada's anti-corruption regime with a warning that businesses ought to prepare themselves for increasingly vigorous fraud investigations.
US President Barack Obama has welcomed the approval by Congress of measures that would discourage US companies from 'shipping jobs overseas' although Republicans are warning that the bill is yet another example of the Obama administration's anti-business policies which will ultimately stifle economic growth.
US business groups have criticized the Senate's approval of a bill which proposes to tighten international tax rules with the intention of curbing what Democrats consider as large scale corporate tax avoidance.
A package of legislative proposals designed to tighten US foreign tax credit rules has been introduced in the House of Representatives as part of a bill to extend certain Recovery Act provisions.
A new Code of Practice was launched on March 25, by the National Standards Authority
of Ireland and the Institute of Directors in Ireland, to tackle corporate
governance challenges facing Irish public and private organizations.
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