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St Lucia Eyes Income Tax Cuts, After VAT Implementation
5/16/2012 The government of Saint Lucia has outlined new tax measures in its
latest Budget to shift the tax burden from
direct to indirect taxes.
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Lufthansa Slams German Plane Ticket Tax
5/15/2012 Presenting details of the company’s 2011 annual report at its annual general
meeting in Cologne, Deutsche Lufthansa’s Chief Executive Officer Christoph
Franz urged the coalition government to end the controversial plane ticket tax
currently costing the company around EUR361m (USD465m) annually.
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Obama Presents Tax 'To Do List' To Congress
5/10/2012 President Barack Obama has used remarks at the State University of New York in
Albany to present a ‘To Do List’ of tax measures that, in his opinion,
the United States Congress should pass to increase employment and economic growth.
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US Lawmakers Question GSA 'Kickback' Policy
5/9/2012 The House of Representatives Ways and Means Subcommittee on Oversight Chairman,
Charles Boustany, has sent a letter to 15 departments and two agencies
across the United States government seeking information about the potential ‘abuse’
of the energy efficient commercial buildings deduction.
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Australia To Exempt Latest Flood Victims From Levy
5/8/2012 Australian Treasurer Wayne Swan has said that those affected by flooding earlier in the year will be exempt from the flood levy.
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Indonesia Imposes Export Tax, Restrictions On Mineral Ore Exports
5/7/2012 The Indonesian government is to place a tax on the export of certain raw minerals, as
well as banning their export by mining companies that have not agreed plans for
local processing in the country.
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Luxembourg Outlines Fiscal Consolidation Plans
5/2/2012 Luxembourg’s Finance Minister Luc Frieden has recently presented the country’s
stability and growth programme for 2012-2015, which includes fiscal consolidation
measures approved by government on April 27.
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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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IoM Discusses Clean Tech Prospects
4/30/2012 As part of its efforts to develop the Isle of Man into a hub for clean technology
innovation, the Isle of Man government recently hosted round table discussions
to consider the significant opportunities for offshore renewable energy and associated
projects within the island's 4,000 sq km territorial waters in the Irish Sea.
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Finland Adopts Stability Programmes
4/27/2012 The Finish government has recently announced that it has approved both the
Stability and Europe 2020 National Programmes, designed to track medium-term
economic development, and to enable the country to meet its European fiscal
targets.
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Developing Nations Discuss Trade Policies
4/23/2012 The World Trade Organization has organized the first ever advanced course for policy makers from developing countries, to develop nations' knowledge of trade regime issues and environmental policies.
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East African States Boost Appeal With Red Tape Cuts
4/16/2012 A new report shows that the business environment in all five economies of the
East African Community - Burundi, Kenya, Rwanda, Tanzania, and Uganda - improved
substantially in 2010-11, with the implementation of significant regulatory reforms,
including to ease the burden of paying taxes.
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Future Bright For Panama: IMF
4/13/2012 The International Monetary Fund has published its Article IV report in respect
of Panama, noting that the country has exited the global downturn robustly, with
a well-capitalised banking system, but efforts should continue to build upon the
tax revenue base to reverse poor revenue performance witnessed last year.
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EU, US Adopt Commitment To Open FDI Regime
4/12/2012 Within the framework of the Transatlantic Economic Council, the European
Trade Commissioner Karel De Gucht has announced that the European Union and the United States have reaffirmed their commitment to a set of principles
for creating and maintaining an open, transparent and non-discriminatory international investment
regime.
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Climate Change Committee Pressures UK On Carbon Change Commitments
4/11/2012 A new report from the Committee on Climate Change urges the United Kingdom government to include the aviation and maritime sectors within ambitious emissions targets agreed for 2050.
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Business Calls For US-Brazil Trade Treaty
4/10/2012 On the occasion of Brazilian President Dilma Rousseff's visit to the United States
on April 9, the US Chamber of Commerce President and CEO Thomas Donohue
called on the two countries to begin discussions on a comprehensive Economic Partnership
Agreement.
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UK Due To Introduce Tax-Transparent Pooled Fund Structure
4/10/2012 Northern Trust has confirmed that it will offer the incoming UK tax-transparent
pooled funds structure, when regulations permitting the vehicle become effective in the UK in late summer 2012.
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After WTO Decision, China Establishes Rare Earth Regulatory Body
4/11/2012 Following last month’s request by several countries for consultations at
the World Trade Organization on what they consider to be China’s unfair
export restraints on rare earths, the latter has now set up a regulatory body
to oversee their exploitation.
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WTO Makes UAE Trade Recommendations
4/9/2012 The United Arab Emirates plays an important role in the multilateral trading system and has taken bold steps to diversify the economy away from oil and gas, according to the World Trade Organisation.
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OECD Urges Tax Reform In Poland
4/5/2012 The Organisation for Economic Cooperation and Development has presented a report
recommending that Poland implement specific measures to improve the nation's tax regime and meet
deficit reduction targets at a faster pace.
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US Senate Examines Renewable Energy Tax Incentives
3/30/2012 The Subcommittee on Energy, Natural Resources and Infrastructure of the Senate
Committee on Finance has held a hearing on how the recent and pending expirations
of key tax incentives affect the deployment of renewable energy facilities and
energy efficiency measures in the United States.
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Philippines Will Not Cancel VAT On Oil
3/19/2012 Despite political and transport industry pressure following further increases
to the domestic price of oil products, the Philippines government has insisted
that the 12% rate of value-added tax on oil products will remain.
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European Aviation Fears EU ETS Backlash
3/19/2012 In joint letters, the heads of some of Europe's major airlines and aviation engine manufacturers have called upon European Union leaders to take action and stop an escalating trade conflict with China and other countries opposing the European Emissions Trading Scheme.
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IoM Plans Clean Tech Promotional Tour
3/16/2012 The Isle of Man's Department of Economic Development has announced that it
will be heading a trade delegation of Isle of Man 'Clean Tech' companies to the
UK, Europe and the USA, in the latter part of this year.
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China Under Attack Over Rare Earth Export Restraints
3/15/2012 The United States, European Union and Japan have jointly requested consultations
with China at the World Trade Organization concerning what they call the
latter’s unfair export restraints on rare earths, as well as tungsten and
molybdenum.
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Australian Floods Declared Disasters For Tax Purposes
3/13/2012 The Australian government has declared the recent floods a disaster for tax purposes, thus making donations to relief funds tax deductible.
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China Adds Tax Incentives For 'Green' Vehicles, Ships
3/9/2012 China’s State Administration of Taxation and the Ministry of Finance
have jointly disclosed that tax rates will be cut to encourage further energy
conservation and environmental protection through the increased use of vehicles
and ships with low emissions or those utilizing green energy resources.
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Indonesia Mulls Tax Breaks For 'Green' Car Makers
3/6/2012 Indonesia’s Minister of Finance, Agus D.W. Martowardojo, has disclosed that
his ministry is looking at the granting of tax incentives to encourage the production
of environmentally-friendly vehicles in the country.
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Virgin Australia Announces Carbon Tax Surcharges
2/28/2012 Virgin Australia has outlined the surcharges it will add to flight prices in response to new Australian and European Union carbon pricing schemes.
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BC Corporate Tax Hike Possible
2/27/2012 British Columbia could hike the standard rate of corporate tax if the fiscal situation does not improve, the Finance Minister has warned in his 2012 Budget.
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Canada, China Strengthen Commercial Relationship
2/28/2012 Canada and China have made progress in negotiations toward a foreign investment promotion and protection agreement and inked a series of agreements designed to strengthen their commercial relationship.
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South Africa's Carbon Tax In Effect From 2013
2/27/2012 Within a white paper issued in October last year, the South African government
reviewed its climate change policy, and the Minister of Finance Pravin Gordhan
has now, in his 2012 Budget, provided the proposed design for a carbon emissions
tax.
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CBI Issues UK Budget Wishlist
2/27/2012 Changes to the UK's tax system could help generate investment and stimulate growth, the Confederation of British Industry argues in its 2012 Budget submission.
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Isle Of Man Lures Another Gaming Company
2/23/2012 The Isle of Man government has welcomed the successful application of TWLV for
a license to operate a new online bingo site from the island.
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Liechtenstein Ratifies EFTA FTAs With HK, Montenegro
2/20/2012 The Liechtenstein government has ratified the European Free Trade Association free trade agreement with Hong Kong together with a related agreement
on labour standards, and has submitted the agreements to parliament.
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Doha Destined For Crisis-Time Delay: Lamy
2/17/2012 Having failed to receive the political support needed to push forward the Doha Round agenda in 2011, the Director-General of the World Trade Organisation, Pascal Lamy has admitted talks should progress in the
'most realistic and practical way' currently possible - 'in small steps'.
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IoM Clean Tech Event Heralded A Success
2/14/2012 The Isle of Man's Department of Economic Development has welcomed the coverage
received from a recent clean-tech business breakfast where the island's offerings
were represented to an audience of over 140 clean-tech sector investors, professional
advisers and businesses.
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Canada, China Conclude FIPA Negotiations
2/13/2012 Canadian Prime Minister Stephen Harper has announced the conclusion of negotiations toward a Foreign Investment Promotion and Protection Agreement between Canada and China.
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China 'Bans' Airlines From EU Carbon Tax Scheme
2/8/2012 The Chinese government has effectively banned Chinese airlines from participating in the European Union's Emissions Trading Scheme, which was extended on January 1, 2012 to flights using EU airspace.
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Guernsey Prepared For Change To UK QROPS Rules
2/7/2012 Guernsey Finance - the promotional agency for the island's financial services
industry has confirmed that the Guernsey government will act to protect local
providers of QROPS pension arrangements if the UK tax authority, as expected,
pushes ahead with changes to its QROPS regime, expected to be introduced from April 6, 2012.
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Singapore Tops 'Doing Business' Index
2/3/2012 The World Bank report, ‘Doing Business 2012’, the ninth in an annual
series, ranks 183 economies on their ease of doing business, and reports a general
improvement in the global business regulatory environment.
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Liechtenstein, Hong Kong Cement Economic Ties
2/3/2012 Secretary of Commerce and Economic Development of the Special Administrative
Region of Hong Kong, Gregory So Kam-leung, has recently held talks with
Liechtenstein’s Foreign Affairs Minister Aurelia Frick, during a working
visit to Vaduz, with the talks focussing on the excellent economic relations
between the Principality and the Region.
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Belgium Urged To Cut Labour Taxes
2/3/2012 The International Monetary Fund has welcomed spending cuts implemented by Belgium
to bring the nation's deficit to below 3% of Gross Domestic Product by 2012, but
has urged authorities to undertake comprehensive tax reform to boost employment and
growth prospects.
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WTO Finds Against China’s Raw Materials Export Restraints
2/2/2012 A World Trade Organization Appellate Body has upheld a previous panel's
ruling, made in July last year, against the duties, quotas, and price and licensing
requirements, that China imposes on its exports of raw materials.
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Tax Stymies Indian Aviation Sector
2/2/2012 Changes to India's tax policy on the aviation sector are paramount to securing
the massive investment required to establish India as one of the top five civil
aviation markets in the world, which is the government's goal.
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Australia Urged To Scrap 'Wasteful' Oil Tax Breaks
1/30/2012 The Australian Conservation Foundation has argued that the Federal Government could save up AUD2.3bn (USD2.4bn) in the 2012-13 Budget by scrapping wasteful and inefficient tax breaks to the oil and gas sector as well as other subsidies that promote the use of fossil fuels.
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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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Panel Reports On Canadian Red Tape Reduction
1/24/2012 Canada's Red Tape Reduction Commission has released its Recommendations Report, which examined ways to spur job creation and economic growth through the elimination of unnecessary red tape.
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Ireland Overcoming Fiscal Woes
1/24/2012 Ireland has received positive feedback in terms of its progress towards fiscal
targets from the International Monetary Fund, the European Central Bank and
the European Commission as part of a review into progress made under a financial
assistance package provided to the nation to aid its resurgence from
the global financial and domestic banking crisis.
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French Court Slams Cost Of 'Grenelle' Tax Measures
1/23/2012 The French Court of Auditors has recently published details of its assessment
of the budgetary and fiscal impact of the government’s 2007 'Grenelle' project,
with its commitment to sustainable development and to protecting the environment,
four years after the project was first launched.
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OECD Comments On Chilean Taxes
1/20/2012 The Organisation for Economic Cooperation and Development has released a report
warning the government of the importance of addressing the nation's wealth gap as the country's
decision-makers gears up to deliver significant tax reform.
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South Africa Introduces Waste Tyre Levy
1/20/2012 Under South Africa’s new Integrated Industry Waste Tyre Management Plan,
a recycling levy will be charged on the purchase price of new tyres, with effect
from February 1, 2012.
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Ryanair Snubs Ireland Over Tax
1/19/2012 Irish airline Ryanair, Europe's largest budget airline, is to create 1,000 new jobs but not in Ireland, with the country's tax regime thought to be to blame.
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Hong Kong Consults On Waste Disposal Charges
1/16/2012 On January 10, 2012, Hong Kong’s Environmental Protection Department announced the launching of a consultation on whether or not the government should introduce charging for the disposal of municipal solid waste, in an effort to reduce its generation.
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Algerian President Inks 2012 Budget
1/12/2012 Algerian President Abdelaziz Bouteflika has recently signed the country’s
2012 finance law, providing for a budget deficit of 25.4% of gross domestic product, compared to a provisional deficit of 34% for 2011, without the introduction
of any substantial taxes, and based on growth for this year of 4.7% and inflation
of 4%.
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Business Aviation Sector Urges Carbon Tax Rethink
1/10/2012 While welcoming the use of market-based measures to support carbon emission reduction efforts,
the association that represents business aviation operators in Europe has warned that
revisions are needed to the EU Emissions Trading Scheme to ensure that it does not discriminate against small operators.
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China Considers Carbon Tax By 2015
1/10/2012 Following previous announcements that it would develop tax policies to conserve
energy, reduce emissions and protect the environment, it has now been disclosed
that the Chinese government is considering the introduction of a carbon tax by
2015.
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Chinese Airlines Boycott EU Carbon Tax
1/6/2012 The association that represents Chinese airlines, including Air China, China Southern Airlines,
China Eastern Airlines and Hainan Airlines, has said its members will not abide
by the European Union Emissions Trading Scheme, which on January
1, 2012, was extended to international airlines that use European airports.
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Guernsey Clarifies Situation On Income Tax Coding Changes
12/28/2011 Guernsey's Income Tax Office has published a statement reassuring taxpayers that
income tax deductions under the Employees Tax Instalment Scheme will take into
account from January 2012 the increased personal allowances that were approved by the island's legislative
assembly, the States of Guernsey, last week.
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China Changes Vehicle Taxes From January 1
12/23/2011 China’s State Administration of Taxation has disclosed that a new
tax, the Vehicle and Vessel Tax, will introduce changes to the automotive sector
by encouraging energy conservation and environmental protection through the increased
use of vehicles with low emissions or those utilising green energy resources.
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Canadian Budget Measures Enacted
12/20/2011 Canadian Finance Minister Jim Flaherty has announced that several tax measures announced as part of the 2011 Budget in June have received Royal Assent.
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USPTO Extends Green Technology Pilot Programme
12/16/2011 The United States Patent and Trademark Office has announced that the deadline
for filing petitions under the Green Technology Pilot Programme, originally set
to expire on December 31 this year, is being extended until March 30, 2012, or
until 3,500 applications have been accorded special status under the programme.
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German Impasse On Energy Efficiency Tax Breaks
12/16/2011 A German mediation committee, comprising representatives of both the Bundestag
(lower house) and Bundesrat (upper house), has failed during its second attempt
to arrive at a consensus on government plans to introduce fiscal incentives in
Germany aimed at promoting energy efficiency improvements in the home.
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China To Keep Import Tariffs Low In 2012
12/19/2011 The State Council has confirmed that, from January 1, 2012, China’s average
tariffs will remain at a low rate, to expand imports and meet consumer demand,
promote more balanced foreign trading relationships, and, thereby, encourage a
restructuring of the economy.
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French Customs Reaps Billions For State Coffers
12/15/2011 The French budget ministry has recently announced that the country’s
customs administration collected a total of EUR62bn (USD81.5bn) in taxes and
excise duties in 2010.
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Ireland Consults On Vehicle Tax Options
12/14/2011 A decline in new car sales, coupled with the inclination of consumers towards cheaper and cleaner cars, has meant a fall in Irish vehicle tax revenues and prompted the government to consult on options for reforming the levies.
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Japan Agrees On 2012 Tax Proposals
12/13/2011 After reaching an agreement with its colleagues in the ruling Democratic Party
of Japan, the Japanese government is readying its tax proposals for the next
fiscal year from April 2012.
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US Puts Green Issues Within TPP Negotiations
12/8/2011 In a prepared statement, the Deputy United States Trade Representative, Demetrios
Marantis, has introduced a ‘green paper’ on how environmental initiatives
are being forwarded within the Trans-Pacific Partnership negotiations.
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Maritime Levy To Help Fight Climate Change
12/7/2011 The shipping industry would be a major contributor to a landmark climate change fund
being negotiated by the world's governments, to fund developing nations' efforts
to reduce their carbon footprints and overcome the challenges of climate change, it has emerged.
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IoM Showcases Clean Tech Sector Progress
11/30/2011 The Isle of Man government has announced that it is in negotiations towards establishing a partnership with Japanese-British organization UBrainTV, to further promote the island as a centre of excellence for Clean Tech product development.
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UK Austerity 'The New Normal', Think Tank Says
11/25/2011 It is unrealistic to expect an instantaneous and painless economic recovery in the UK, a new report has said, arguing that a consistent and transparent tax environment is a fundamental characteristic of a dynamic growth economy.
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US, China Conclude Joint Commerce and Trade Meeting
11/24/2011 American representatives at the 22nd session of the United States-China Joint
Commission on Commerce and Trade, held in Chengdu, China, announced meaningful
progress on key elements of the bilateral trade relationship, but also underscored
that much more work remains to be done to open China’s market to US exports
and investment.
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'Scrap APD', UK Airline Bosses Say
11/22/2011 The negative impact of air passenger duty on the UK economy outweighs any benefit from the revenue raised, four leading airline chiefs have said, calling on the government to axe the levy.
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UK Drops In Tax Competitiveness Index
11/17/2011 While the UK has a competitive tax system it risks being overtaken by other economies easing tax burdens for businesses, according to a new report from PwC.
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French Senate Approves Amended Social Security Bill
11/16/2011 The French Senate has recently adopted on a first reading the country’s
2012 social security finance bill, providing notably for the abolition of the
tax exemption accorded for overtime hours.
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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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Australia Passes Clean Energy Legislation
11/14/2011 On November 8, the multiple Bills comprising the Clean Energy legislative
package were passed into law by the Australian Senate, a package that will force about 500 of the country’s biggest polluters to pay
a levy of AUD23 (USD23) for each tonne of carbon dioxide they emit.
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Mauritius Unveils 2012 Budget
11/9/2011 Mauritian Finance Minister Xavier-Luc Duval has recently unveiled details of
the government’s 2012 finance bill, designed to promote export and market
development, and to open up the country’s economy, and providing for tax
measures intended to boost growth and investment and to promote social justice.
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Asian Airlines Lash Out At Western Tax Policy
11/8/2011 The Association of Asia Pacific Airlines has spoken out against the 'ineffective
regulation and excessive taxes and charges' of Europe and the United States, which it said are unnecessarily constraining the growth of the industry globally.
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G20 Agrees New Tax Information Exchange Convention
11/7/2011 The Organisation for Economic and Cooperation Development has announced that G20
governments have agreed to a new multilateral Convention to enable developing
countries to tackle tax evasion more effectively.
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Kirk Outlines US Ambitions For Asia-Pac Trade
10/31/2011 The United States Trade Representative Ron Kirk used a recent speech at the US
Chamber of Commerce to emphasize the focus that the Administration is putting
on trade relations with the Asia-Pacific, because “that is where the world’s
most dynamic economies are expanding rapidly and creating significant opportunities
to increase US exports and jobs".
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China's Resource Tax 'Will Not Raise Oil Prices'
10/26/2011 Replying to questions posed by journalists, a joint statement by the Ministry
of Finance and the State Administration of Taxation has confirmed that the extension
nationwide of China’s resource tax should not affect domestic oil and gas
product prices.
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US Works To Halt EU Air Tax
10/26/2011 A bipartisan United States Congressional delegation met on October 21 with the
International Civil Aviation Organization (ICAO) regarding US opposition to the
emissions trading scheme to be introduced by the European Union.
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South Africa Explores Carbon Tax Policies
10/20/2011 Within a white paper delineating South Africa’s climate change policy,
the government has called for a range of economic instruments, including market-based
instruments such as carbon taxes and emissions trading schemes, together with
tax incentives.
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Australian Business Urges Carbon Bill Changes
10/20/2011 The Australian Industry Group and the Business Council of Australia have written to all members of the Australian Parliament urging them to act in Australia’s long-term economic interest and amend the Clean Energy Future legislation to include essential safeguards to protect Australia’s competitiveness.
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Tax Breaks Announced In Trinidad And Tobago Budget
10/17/2011 The government of Trinidad and Tobago has proposed to introduce a five-year temporary corporate tax rate of 10% for companies that have sought capital-market funding through an Initial Public Offering on the Trinidad and Tobago SME Market.
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South Korea To Provide Electric Car Tax Breaks
10/14/2011 South Korea’s Ministry of Knowledge Economy has stated that the government
intends to offer tax incentives for buyers of electric cars, in an attempt to
increase further the country’s market for energy-efficient motor vehicles.
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Norway Unveils 2012 Budget Proposals
10/13/2011 The Norwegian government has recently unveiled details of its 2012 fiscal budget,
designed to support a stable economy, and containing a number of fiscal measures.
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France Eyes Domestic Oil Tax Rise
10/11/2011 The French government is reportedly considering the idea of reducing the existing
tax break on domestic oil used as motor fuel by farmers, in return for lowering social contributions
in the agricultural industry.
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Germany To Lower Plane Ticket Tax
10/12/2011 Germany’s highly controversial plane ticket tax is to be lowered next
year to compensate for additional costs arising from the extension of the European
Union’s emissions trading scheme to flights over Europe from January
1, according to the German finance ministry.
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Saint Kitts And Nevis Committed To Deficit Reduction
10/10/2011 Amid pressure to rapidly reduce the territory's debt, Denzil Douglas, the Prime Minister of Saint
Kitts and Nevis has reassured taxpayers that the government's decision to reduce the rate of stamp tax payable on transfers of land or property will not result in a loss
of revenue for the government.
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French Report Highlights HGV Tax Concerns
10/6/2011 Union for a Popular Movement MP Hervé Mariton has recently presented
his report on the introduction of an environmental heavy goods vehicle tax
in France in 2013 to the French National Assembly Finance Committee, in which
he laments a lack of harmonization of the proposed levy with similar taxes in
other countries in Europe.
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IoM To Showcase Clean-Tech Sector
10/4/2011 The Isle of Man government has said that an upcoming conference and awards ceremony will showcase the Isle
of Man as a centre of excellence for research and development, innovation and financial services for Japanese clean-tech sector firms looking to expand globally.
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Singapore Extends Green Vehicle Rebates
10/4/2011 Singapore’s Ministry of Finance has announced that the green vehicle
rebate scheme for new compressed natural gas and bi-fuel vehicles will be extended for another year to December 31, 2012.
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India Leads Protest Against EU Carbon Tax On Airlines
10/4/2011 Strong protests have been made by 26 countries, led by India, against European Union plans to tax airlines on carbon emissions in its airspace. These concerns about the Emissions Trading Scheme were expressed at a meeting held in Delhi within the last few days.
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OECD Notes Fall In Patent Quality
9/28/2011 The quality of patent filings has fallen dramatically over the past two decades as patent offices are overburdened with companies' efforts to protect even minor improvements in products and services, according to the findings of a new report from the Organization
for Economic and Cooperation Development, which also describes which countries are best at facilitating innovative enterprise.
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Jersey's 2012 Budget Published
9/27/2011 Jersey's 2012 Budget, published on September 23, contains numerous measures to boost tax revenues and support lower-income workers as part of the government's efforts to tackle the territory's deficit.
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German Energy-Saving Tax Breaks In The Balance
9/26/2011 The Green party (die Grünen) recently failed in its application in
the German Bundestag, or lower house of parliament, for a mediation committee
to be convened to resolve the ongoing tax dispute between the federal government
and the federal states regarding fiscal incentives to promote energy efficiency
in the home.
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Australia Releases New Carbon Price Modelling
9/26/2011 The Australian government has released updated modelling of the impact of a carbon
price, which it says confirms Australia's economy will continue to grow strongly
at the same time as pollution is cut, although the estimates were dismissed as
'worthless' by the opposition Liberal Party.
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Luxembourg Unveils Energy Efficiency Tax Credits
9/21/2011 Luxembourg’s Finance Minister Luc Frieden and Housing Minister Marco
Schank recently unveiled key details of different fiscal measures designed to
encourage energy efficiency improvements in properties in Luxembourg.
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