Another US Republican Congressman has taken aim at the Foreign Account Tax Compliance Act (Fatca) in a bid to have the controversial legislation stopped.
Financial institutions, other taxpayers and practitioners have until September 6 to respond to a HM Revenue & Customs (HMRC) discussion draft on the implementation of exchange of tax information agreements between the UK and its Crown Dependencies and Overseas Territories with financial centres, which the UK government believes will set a new standard in international tax transparency.
Tax authorities within the EU will have to comply with much more extensive rules on the automatic exchange of tax information, if member states adopt a European Commission proposal unveiled today.
The Indian economy grew by 5% in 2012. Outstanding by any other country’s standards, except China’s, but not enough as an annual rate if it wants to create prosperity for all of its more than 1 billion citizens.
The Indian economy grew by 5% in 2012. Outstanding by anyone’s standards, except China’s, but not enough if the country wants to create prosperity for all of its more than 1 billion citizens.
