Stories that are tagged 'tax havens'

	Gibraltar-Spain Tripartite Forum Abandoned? 5/16/2012 The Gibraltar government has said that the introduction of a new Spanish government of the People's Party has caused the disintegration of the tripartite forum between Spain, Gibraltar and the United Kingdom. The Forum had previously been credited with yielding improvements in relations between Gibraltar and Spain after more than a century of fractious relations.
	BVI To Enhance Companies Legislation 5/16/2012 The British Virgin Islands government has completed the first phase of implementing amendments to the Business Companies Act, set to enter into force later this year.
	Cayman Islands Target Brazilian Investors 5/16/2012 The Cayman Islands government has sought to bolster business relations with Brazilian investors by taking part in the recent Brazil Investment Summit.
	Cayman Regulatory Framework Endorsed 5/15/2012 Cayman Finance has welcomed the results of an independent study which places the Cayman Islands among only two offshore territories which have consistently implemented internationally-accepted standards on identity verification during due diligence processes.
	Gibraltar Proposes Law Change To Offer UK QROPS 5/15/2012 The Gibraltar government has published a Bill that would amend the territory's legislation to allow local practitioners to offer Qualifying Recognised Overseas Pension Schemes under a regime compliant with new rules set by the UK tax authority, HM Revenue and Customs.
	Guernsey Announces Aircraft Registry Plans 5/15/2012 The Guernsey government has announced that it has agreed with a private sector partner to launch an aircraft registry from the island.
	San Marino Urged To Consider New Economic Model 5/11/2012 Despite a 15% decline in tax revenues in San Marino over the past two years, authorities have been able to maintain a comparatively low deficit. However, the most significant challenges relate to the stability of the nation's banking sector, which has suffered capital flight as tax transparency initiatives gain ground, a new International Monetary Fund report says.
	Turks And Caicos Takes Strides Towards Self-Rule 5/10/2012 The provisional Governor of the Turks and Caicos Islands, Ric Todd, has released a report detailing progress made towards fundamental reforms to the island's frameworks to prevent corruption, and correct fiscal imbalances, deemed necessary before the islands are returned to self-rule by the UK government.
	IoM Concludes 30th Tax Sharing Pact, With Qatar 5/10/2012 The Isle of Man government has announced the signing of a comprehensive double tax agreement with Qatar, only the fifth agreement of its type to be negotiated by the Isle of Man, but the 30th agreement to include tax information exchange provisions.
	DIFC To Accept Credit Rating Agencies 5/10/2012 The Dubai Financial Services Authority has launched a consultation on new rules which would allow credit rating agencies to establish operations from the Dubai International Financial Centre tax-free zone.
	Gibraltar Promotes E-Gaming Specialism In US 5/9/2012 The Gibraltar government has sought to improve relations and expand on business opportunities with United States regulators, operators and businesses, with a delegation led by the Rock's Minister with responsibility for gambling, Gilbert Licudi, to the GiGse Totally Gaming conference in San Francisco.
	IoM Will Not Follow UK's Lead On Taxing Business Jets 5/7/2012 The Isle of Man's Treasury Minister, Eddie Teare has confirmed that, despite the territory maintaining many similar elements to the United Kingdom tax regime, the island will not follow suit with the UK government's decision to begin taxing small business aircraft under the Air Passenger Duty regime.
	IoM Welcomes CBI Endorsement 5/4/2012 The Isle of Man's Treasury Minister, Eddie Teare has welcomed further recognition of the role being played by competitive tax jurisdictions in supporting economic growth, in particular in the United Kingdom.
	Left Demands Improvements To Swiss-German Tax Deal 5/7/2012 Despite cracks appearing in cross-party relations, Germany’s red-green federal states, governed by both the Social Democrats and by the Green Party, are said to remain united in their firm opposition to the Swiss-German tax deal, and in their demands for improvements to be made to the text.
	Insurance Ratings Agency Establishes DIFC Office 5/4/2012 A.M. Best, a leading provider of credit ratings and financial data for the insurance industry, has received the necessary approvals to begin regional business from the Dubai International Financial Centre.
	IoM Contributes To UK Tax Transparency Program 5/1/2012 The Isle of Man government has recently participated in an initiative funded by the UK's Foreign and Commonwealth Office to provide training to the British Overseas Territories of Montserrat and Anguilla to help them meet their international obligations on tax information exchange.
	Bermuda Financial Services Conference Hailed Success 4/30/2012 Bermuda has welcomed the success of the Annual Bermuda Financial Services Conference, held in London on April 24, 2012, which attracted an audience of more than 260 leading lawyers, accountants and financial services executives.
	Barbados's Tax Transparency Framework Endorsed 4/27/2012 The Barbados government has welcomed recognition from the Organization for Economic Cooperation and Development that its legislative and regulatory framework for the exchange of tax information meets international standards.
	St Kitts, Brazil To Sign Free Trade Pact 4/25/2012 The government of Saint Kitts and Nevis has received notification from Brazil that it is ready to sign the Partial Scope Agreement on trade that the two territories have been negotiating for a year.
	Gibraltar Consults Industry On Transparency Enhancements 4/24/2012 The Gibraltar government is seeking input from the finance industry to help it form a response to recommendations received from the Organization for Economic Cooperation and Development on improvements deemed necessary to the territory's fiscal transparency frameworks for the exchange of tax information.
	Jersey Builds Business Relationship With UAE 4/24/2012 Jersey Treasury Minister Philip Ozouf has arrived in the United Arab Emirates as part of a three-day official visit to promote Jersey's offerings as an international financial centre.
	Bermuda Signs MLAT With The US 4/23/2012 Bermuda's Prime Minister Paula Cox has noted the recent conclusion of a new Mutual Legal Assistance Treaty with the United States, which will significantly boost cooperation between the nations, and aid the countries in more effectively tackling financial crime.
	Bermuda Remains Attractive To Reinsurers 4/17/2012 Bermuda has attracted eight highly-capitalized reinsurers holding Class 4 licenses in the past five years, with more than USD8bn in fresh capital, highlighting the territory's capability, and growth potential, as a top three reinsurance centre globally despite increased competition and the financial crisis, the government has said.
	FATF Mandate Extended To 2020 4/17/2012 Ministers from nations party to the Financial Action Task Force's 40+9 recommendations are to extend the organization's mandate to 2020, to allow the agency to continue its role of protecting the integrity of the international financial system through the development and enforcement of its anti-money laundering and terrorism financing standards.
	Legatum Chooses DIFC For Global HQ 4/16/2012 Private investment group Legatum has made a substantial investment in acquiring Precinct Building 6 within the Dubai International Financial Centre tax-free zone, which will serve as the firm's global headquarters.
	IoM 50C Pension Scheme Falls Foul Of New QROPS Rules 4/16/2012 The Isle of Man government has responded to the recent update to UK rules regarding Qualifying Recognised Overseas Pension Scheme, which now excludes transfers to structures under Section 50C of the Income Tax Act 1970, known as 50C pension schemes.
	Mauritius Builds Synergy Between Domestic Regulators 4/13/2012 Mauritius's Financial Services Commission and the territory's Financial Reporting Council on April 10, 2012, signed a Memorandum of Understanding to ensure effective information exchange in relation to financial reporting, auditing and corporate governance.
	Full Steam Ahead For Swiss-Austrian Tax Deal 4/13/2012 Austria’s Finance Minister Maria Fekter is due to meet her Swiss counterpart Eveline Widmer-Schlumpf in Bern on April 13, to sign a bilateral tax agreement between the two countries aimed at resolving the outstanding issue of undeclared Austrian money held in the Confederation’s banks, according to the Swiss Finance Ministry.
	Jersey Business Sentiment In The Doldrums 4/12/2012 The prevailing sentiment among Jersey business is the most negative since records began in 2009, with business activity said to have fallen significantly in the first quarter of 2012.
	Offshore QROPS Domiciles Stunned At HMRC's Last-Minute Change 4/12/2012 The UK tax authority, HM Revenue and Customs has indicated that tax relief available on pension transfers, under so-called Qualifying Recognised Overseas Pension Scheme structures, will no longer be available unless the Scheme is offered within the territory in which the expatriate is newly resident, putting a multi-million offshore industry at jeopardy.
	Germany's SPD Rejects Revised Swiss Tax Deal 4/12/2012 Sigmar Gabriel, leader of Germany’s Social Democrats, has once again reiterated his party’s intention ‘to stop’ the Swiss tax deal in the Bundesrat, where the coalition lacks the necessary majority, despite the recent signing of a Supplementary Protocol to the agreement, aimed at appeasing both the German opposition parties and the federal states, as well as the European Commission.
	Guernsey Fund Of Hedge Funds Receives European Accolade 4/11/2012 Guernsey-headquartered Legis Fund Services has been recognised as 'Best Administrator - under USD30bn Fund of Hedge Funds' at the HFMWeek European Services Provider Awards.
	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.
	Bermuda Welcomes Significant New Reinsurer 4/10/2012 The Bermuda government has welcomed the news that a new reinsurance entity will set up shop in Bermuda from June 1, 2012, as part of a joint venture between Validus Group and hedge fund manager John Paulson.
	Jersey Responds To QROPS Change With New Offering 4/11/2012 The Jersey government has announced the launch of a new Jersey-based pension scheme, the Recognized Pension Scheme, which provides a structure compliant with UK law following changes to UK rules regarding Qualifying Recognised Overseas Pension Schemes.
	Manx Legislators Lag Behind QROPS Change 4/10/2012 Isle of Man pensions provider, Boal & Co has confirmed that it has been forced to cease offering its Trinity QROPS offering until Isle of Man legislation is brought up to speed with changes to UK pension rules.
	Ogier Advises On USD1.1bn Debt Conversion 4/11/2012 Ogier's British Virgin Islands office has advised CEMEX - one of the world's leading cement and building materials companies - on its most recent notes transaction valued at USD1.1bn which closed at the end of March.
	Guernsey Accepts Low Value Consignment Relief Ruling 4/9/2012 Guernsey's Policy Council has confirmed that it is not in Guernsey's best interests to appeal the decision of the High Court in London, which ruled that the United Kingdom's decision to revoke a generous value-added tax relief solely for the Channel Islands was consistent with European Union law.
	Costa Rica Introduces New Corporate Tax 4/10/2012 Costa Rica has introduced a new annual tax on all corporate structures, pegged to average public sector salaries.
	Swiss Re Corporate Solutions Establishes Dubai Office 4/9/2012 The Dubai Financial Services Authority has granted Swiss Re Corporate Solutions a licence to operate in the Dubai International Financial Centre.
	IoM To Simplify Company Residency Regime 4/5/2012 The Isle of Man government has launched a consultation on a proposed legislative change that would simplify the income tax position for companies with dual residence.
	Channel Islands Will Not Appeal UK VAT Ruling 4/6/2012 The Jersey government has decided not appeal the decision of the High Court in London, which ruled that the United Kingdom government's decision to revoke Low-Value Consignment Relief (LVCR), a value-added tax concession, for the Channel Islands was consistent with European Union law.
	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.
	Barbados Publishes Credit Risk Management Rules 4/4/2012 The Central Bank of Barbados has noted the publication of a new set of Credit Risk Management Guidelines to assist financial institutions in meeting their credit risk management obligations.
	IoM Reminds Companies Of Tax Return Deadline 4/3/2012 The Isle of Man government has warned companies of the late return penalties they face if they fail to meet the imminent corporate tax return deadline.
	Guernsey, Switzerland Discuss Financial Synergies 4/3/2012 Guernsey recently hosted a Swiss government delegation during a two-day visit to the island, which reinforced the importance of links between Guernsey and Switzerland, particularly in financial services.
	IoM Outlines New Online Filing Requirements 4/2/2012 The Isle of Man government has released a new Practice Note, detailing the requirements being placed on employers following the decision to make mandatory the online filing of tax returns, on a transitional basis, from April 6, 2012.
	Bermuda Slashes Fees For Special Purpose Insurers 3/30/2012 The Bermuda Monetary Authority has announced its decision to almost halve registration fees for Bermuda Special Purpose Insurers.
	State Street Granted Jersey Banking License 3/30/2012 The Jersey Financial Services Commission has granted State Street Corporation, one of the world's leading provides of financial services to institutional investors, a license to expand its offerings to include Jersey-based banking.
	UK Confirms Gambling Tax Changes 3/27/2012 Offshore gambling firms have been dealt a blow in the United Kingdom's latest Budget which amends the tax rules applicable to the supply of gambling services to the UK market. Wagers will now be taxed on a point-of-consumption basis, bringing offshore operators under the UK tax net.
	Guernsey Wealth Management Promoted In India 3/23/2012 Guernsey's offerings as a wealth management domicile were promoted at the India Wealth Forum, held recently in Delhi and attended by Guernsey wealth management firm Nerine Group of Fiduciaries.
	Turks And Caicos On The Mend After Fiscal Reform 3/23/2012 The Chief Financial Officer of the Turks and Caicos Islands interim government, Hugh McGarel-Groves, has reported significant progress towards correcting the territory's deficit after a raft of measures introduced last year.
	Isle Of Man Targets 'Rogue Businesses' 3/23/2012 The Isle of Man government has emphasized the importance of verifying the legitimacy of businesses which advertise offerings from the Isle of Man, after an exercise by the government found 400 businesses operating without meeting the legislative requirement to register with the Companies Registry.
	Ogier Reports Strong Demand For BVI Structures 3/22/2012 The British Virgin Islands office of leading international offshore law firm Ogier has noted that its involvement in a number of global transactions over recent months is reflective of the strong demand of late for BVI-based corporate structures.
	Guernsey Is Europe's Captive Domicile Of Choice 3/22/2012 Newly-published research from Business Insurance magazine shows that Guernsey has extended its position as the largest captive insurance domicile in Europe and remains number four globally.
	Isle Of Man To Engage Taxpayers On 'Critical' Issues 3/21/2012 The Isle of Man government will hold public meetings to engage with taxpayers on matters of 'national importance', including tax and budgetary policy, starting this month, it has been announced.
	Channel Islands Fail To Overturn UK VAT Decision 3/21/2012 The governments of the Channel Islands have announced their 'disappointment' at the findings of the UK High Court, in response to the islands' joint challenge to the United Kingdom government's decision to remove long-standing value-added tax concessions crucial to the islands' fulfilment industries.
	Guernsey Concludes Comprehensive DTA With Malta 3/21/2012 Guernsey has announced the signing of a comprehensive Double Taxation Agreement with Malta, which will allocate the territories' taxing rights to ensure that double taxation is removed from bilateral trade and investment, and also permit tax information exchange on request.
	Bermuda Banking Industry Resurgent 3/21/2012 The Bermuda Monetary Authority has published statistics for the territory's banking industry during 2011, showing that total assets rose by 6% in Q4 2011 and 9.3% year on-year.
	Jersey Embarks On Major Gulf Promotional Tour 3/20/2012 The Jersey government has announced that a convention for the avoidance of double taxation and fiscal evasion will be signed with Qatar during its current promotional trip to the Gulf region.
	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.
	Ernst And Young Returns To The BVI 3/19/2012 Ernst and Young, one of the 'big four' accounting firms, has announced its decision to re-establish an office in the British Virgin Islands after a multi-year absence, attracted by the territory's strong financial services legislation and regulatory regime.
	Offshore Aspects Of Russian 'Superbank' Merger 3/19/2012 The Jersey office of Walkers, the leading international law firm, has advised on the multi-jurisdictional aspects of the USD1bn merger between Sberbank and Troika Dialog, which will create a Russian 'superbank'.
	Jamaica To Launch Tax Information Exchange Office 3/16/2012 The Jamaican government has announced that it will soon launch an Exchange of Information Office to ensure the territory deals with tax information requests efficiently and in a timely manner, and also to bolster the nation's own tax enforcement efforts against non-compliant domestic taxpayers.
	US Senate Passes Highways Tax Bill 3/16/2012 On March 14, the United States Senate passed, on a bipartisan basis, a bill to provide for an extension of highway-related taxes and the funding of infrastructural spending by the Federal Highway Trust Fund, which included an anti-tax haven amendment.
	Jersey Signs Tax Data Sharing Pact With Italy 3/14/2012 The Jersey government on March 13, 2012, signed a bilateral agreement with Italy to exchange tax information on request in accordance with the Organization for Economic Cooperation and Development's internationally-agreed standard on tax transparency and information exchange.
	High Court Hears Channel Islands' LVCR Challenge 3/13/2012 A two-day hearing at the High Court in London began on March 13, 2012, to hear the arguments of lawyers representing the Channel Islands in their challenge to the scheduled removal of the United Kingdom's Low-Value Consignment Relief for the islands' fulfilment industries from April 1, 2012.
	US Highways Bill Takes Aim At Tax Havens 3/13/2012 The Democrat-led Senate has adopted an amendment, which would provide a range of further measures for the Treasury Department to take against foreign governments and financial institutions that 'significantly impede United States tax enforcement', to the bill to provide for an extension of the United States highway-related taxes.
	Guernsey Firm Gets CSP Licence 3/12/2012 Guernsey-based firm Alter Domus, a leading independent provider of professional administration services for multinational corporations and alternative investment funds, has received approval from the Guernsey Financial Services Commission to provide a wider range of products and services.
	Guernsey Considering Territory's Economic Direction 3/8/2012 The Guernsey government has welcomed the publication of a new report, commissioned to provide an overview of Guernsey's current economic profile and recommend, on an independent basis, future strategic areas that should be targeted to provide further economic opportunities for the territory.
	Bermuda Announces 2012 Budget 3/5/2012 Bermuda's Finance Minister Paula Cox has released the territory's budget for 2012, containing a number of tax measures to boost tax revenues and employment.
	IoM Seeks To Tap Maritime Opportunities In Singapore 3/5/2012 The Isle of Man's Department of Economic Development has announced that it will launch a new representative office in Singapore to promote stronger commercial relations with the nation and the region, especially in the area of shipping.
	Carey Olsen Top Offshore Adviser For FTSE100 3/5/2012 Channel Islands law firm Carey Olsen has announced that it was the only offshore law firm to be ranked in the top 10 alongside UK and International law firms for the total number of stock market clients in the Q1 2012 All Market Edition of The Morningstar Professional Services Ranking Guide.
	French Lawmakers Pass 2012 Collective Budget 3/2/2012 The French National Assembly has definitively adopted during a new reading the government’s 2012 supplementary finance bill, a text which had previously been rejected by the Senate, and providing notably for a rise in the standard rate of value-added tax and for the introduction of a financial transactions tax in France.
	Costa Rica Off French Tax 'Black List' 3/2/2012 Costa Rica has welcomed the decision of the French government to remove it from a 'black list' of non-cooperative territories, a decision that the nation's Finance Minister said would have positive ramifications for investment flows.
	Bermuda Insurance Sectors Withstand Challenging 2011 3/2/2012 The Bermuda Monetary Authority has announced that the Bermuda insurance market remained resilient and continued to absorb the impact of adverse events, including a continued softening of prices, low interest rates and above-average losses from natural catastrophes during 2011.
	Mixed Fortunes For Cayman Finance Industry 3/1/2012 The Cayman Islands' Economics and Statistics Office has reported that the island's economy began to recover from the economic downturn during the first nine months of 2011, with growth of 1.2% year-on-year recorded, compared to a contraction of 5.8% in the same period a year earlier. However, the financial services sector continues to see mixed results.
	IoM Intends No Tax On Capital Gains 3/1/2012 The Isle of Man has no intention of introducing taxes on capital gains, the island's Treasury Minister, Eddie Teare has confirmed, clarifying the situation following the removal of the island's deemed distribution regime.
	IoM Minister Optimistic Despite Challenges 2/29/2012 John Shimmin, the Isle of Man's Minister for the Department of Economic Development, is optimistic about many of the challenges facing the Isle of Man outlined in the Treasury Minister’s budget announcements.
	French Senate Rejects 2012 Finance Bill 2/27/2012 The French Senate has recently rejected the country’s 2012 supplementary finance bill, a text adopted by the French National Assembly during its first reading on February 21.
	Greece Signs Up To Multilateral Tax Convention 2/23/2012 Greece has become the latest signatory to the Convention on Mutual Administration Assistance in Tax Matters, which promotes international cooperation in the assessment and collection of taxes through multinational information exchange.
	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.
	Hiring Trends Show Mixed Fortunes For Cyprus 2/24/2012 Figures from a Cyprus recruitment agency indicate that while the banking and finance sectors enjoyed mixed fortunes last year, hiring overall was up 11% last year.
	Jersey Planning Permission Changes To Benefit Businesses 2/23/2012 New draft planning guidance is being considered by the Jersey government, which, if approved, will provide greater protection for businesses with premises and land holdings on the island.
	Isle Of Man Banking Deposits Fall 6.4% In 2011 2/20/2012 The Isle of Man government has published a report on the territory's banking sector and its performance during 2011.
	Jersey Reviewing FATCA Impact 2/17/2012 The Jersey government has published an initial response to the release of further details by the US tax authority and Treasury on the US Foreign Account Tax Compliance Act, which will impact Jersey's financial services industry.
	Captive Insurers Flock To Cayman Islands 2/14/2012 The number of captive insurance companies formed in the Cayman Islands increased markedly during 2011, a trend that is expected to continue into 2012, according to Cindy Scotland, the Managing Director of the Cayman Islands' Monetary Authority.
	Guernsey Reviews Collective Investment Scheme Rules 2/15/2012 The Guernsey Financial Services Commission has published a consultation document on new rules to be placed on 'Class B' Collective Investment Schemes.
	Guernsey Firms Scoop Offshore Business Awards 2/14/2012 A number of Guernsey-based law and wealth management firms were among the winners at the recent Citywealth Offshore Awards in London.
	Bahamas Achieves Deficit Reduction 2/13/2012 The Bahamas Central Bank, publishing latest revenue statistics, said the government achieved a 20% reduction in the territory's fiscal deficit during the first five months of the 2011/12 fiscal year.
	France Adopts FTT In Supplementary Finance Bill 2/14/2012 Within the framework of a supplementary finance bill, the French council of ministers has recently adopted the government’s plans for a rise in the standard rate of value-added tax and for a tax on financial transactions; measures intended to enter into force in France later this year.
	St Kitts And Nevis Boosts Tax Cooperation 2/10/2012 Saint Kitts and Nevis's Cabinet has approved the signing of a Tax Information Exchange Agreement with India and has endorsed the commencement of negotiations towards similar agreements with a further four nations.
	Irish Company Formations Up; Insolvencies Fall 2/10/2012 Conditions on the ground in Ireland may be improving, according to new figures published by Vision-net, which show that new business formations in Ireland have outpaced insolvencies so far this year, despite four insolvencies every day.
	First Jersey Firm Lists On NYSE 2/10/2012 Delphi Automotive PLC has become the first Jersey company to have its shares directly listed on the New York Shock Exchange, having been advised on its initial public offering by Channel Islands law firm Carey Olsen.
	France Intensifies Clamp Down On Tax Evasion 2/9/2012 The French budget ministry has recently announced that its legal arsenal to combat tax fraud has been strengthened over the course of the past two years, and has confirmed that measures designed to further toughen sanctions will be included in the country’s next supplementary finance bill.
	Jersey's Investment Strategy Paying Dividends 2/9/2012 The contribution of Jersey Enterprise, the government's inward investment agency has been highlighted in a recent report coinciding with the agency's name change to 'Locate Jersey' and formulation of a plan for future policy.
	Jersey Hosts High-Level French Delegation 2/8/2012 Following a visit by a States-led delegation to address the French Parliament in June 2011, two leading members of the French Senate Finance Committee on February 6, 2012, have reciprocated by holding meetings with decisionmakers in Jersey.
	IoM Plans 'Leaner' Government Over Tax Hikes 2/7/2012 The Isle of Man's Treasury Minister Eddie Teare has said that the forthcoming budget will see the most dramatic changes to the Manx government since the introduction of the Ministerial system over 30 years ago, as part of a retrenchment package to make government finances sustainable.
	E-Gaming Giant Applies For Jersey License 2/3/2012 The Jersey Gambling Commission has welcomed the application of Playtech, one of the world's leading eGaming software and content specialists, for a Remote Gambling licence.
	Sarkozy's Presidential Rival Outlines Fiscal Pledges 2/2/2012 French Socialist candidate for the Elysée, François Hollande, has recently unveiled details of his presidential election programme, containing a raft of fiscal measures, designed to stimulate the economy, to support small- and medium-sized companies in France, and to reduce the public deficit to 3% of gross domestic product in 2013.

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