News

Cayman Islands. Financial services to be more costly.
2009-12-08
The Cayman Islands Legislative Assembly on December 2 passed the Money Services Amendment Bill, 2009, which amends fees payable by financial services businesses.
Overview of the OECD’s Work on Countering International Tax Evasion
2009-12-04
A progress report on the jurisdictions surveyed by the oecd global forum in implementing the internationally agreed tax standard
Russian Duma Approves Futures Transactions Tax Clarification
2009-11-23
The Duma has approved amendments to parts 1 and 2 of the Russian Federation tax code on second reading which should improve and clarify tax law on financial derivatives.
Business in Lithuania
2009-11-23
Company formation in Lithuania. Temporary and Permanent residence permit in Lithuania.
Russian tax code be amended. Transfer pricing under scrutiny.
2009-11-17
The Russian government has approved a draft law on transfer pricing ready for its first reading in the Duma before the end of the year. The proposed law defines clearly the nature of arm's length related party transactions and increases penalties for failure to adopt this approach. It also outlines procedures for Advance Pricing Agreements.
Barbados struggles to attract investors
2009-10-26
Excerpts from Barbados's Prime Minister David Thompson address at the conference on "Policies and Strategies to Face the Global Downturn: The Way Forward for the Caribbean,” 
Jersey corporations entered HSE quoting list
2009-10-23
Jersey companies have been approved for listing on the Hong Kong Stock Exchange.
Bermuda signed TIEA with Mexico
2009-10-22
Bermuda’s Government has signed tax information exchange agreement (TIEA), and also a Memorandum of Understanding, with Mexico.
Spain's 2010 Budget Sees Tax Rises
2009-09-30
In the grip of recession, and desperate to reduce its soaring budget deficit, the Spanish government has recently announced that it’s 2010 austerity budget contains almost EUR11bn in proposed tax increases.
OECD Global Forum Praised Success In Tax Transparency Matters
2009-09-09
The 5th OECD Global Forum on Transparency and Exchange of Information held in Mexico last week commended the substantial progress in almost universal recognition of the standards on tax transparency and exchange of information.
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