The Irish Finance Bill has signalled the introduction of targeted tax provisions aimed at improving the competitiveness of Ireland’s financial services industry, as well as enhancements to the R&D tax credit scheme.
Calling the health and state of the economy “obviously the number one issue in this campaign”, Republican presidential candidate Rick Santorum has announced his corporate tax plan, standing by his commitment to provide manufacturing businesses with significant incentives.
Last week’s Singapore budget provided some important changes for capital gains on sale of shares, as well as for the Productivity and Innovation Credit (PIC) scheme.
Businesses want certainty, and they want quick, decisive action on tax reform. President Barack Obama’s budget did not provide for any of these, and the continuing delays in action being taken could hurt US companies for some time to come.
Not only has opposition to the Australian government’s carbon and mining taxes failed to subside as the implementation dates grow closer, it has even had a resurgence in recent weeks.
