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  • The Isle of Man and Germany have signed a bilateral tax agreement aimed at developing closer economic and taxation cooperation between the two countries
  • UK corporation tax receipts were lower at the end of the 2007-2008 financial year than the previous year, before the economic downturn hit the country, a report has found
  • UK businesses are concerned about excessive compliance costs if the government introduces the proposed worldwide debt cap on interest.
  • Firms that are adapting better to the changed economic circumstances, are showing their worth in International Tax Review's second annual poll to find the leading transactional firms around the world
  • As the global economic downturn looks set to worsen in 2009, the 10 most admired tax directors in North America are open about the challenges their industries face and the strategies they have put in place to cope
  • Canadian business and litigation law firm Fraser Milner Casgrain has appointed David Spiro to the firm's national tax litigation group as counsel. He will be based in the firm's Toronto office.
  • Indian internet broadband providers are to find out in two weeks whether aspects of their businesses are taxable
  • Japan's corporate tax revenues for January fell by 30.4% compared to the same time last year.
  • Australia's Treasurer Wayne Swan has told a conference of tax advisors in Canberra that he believes a cut in the corporate tax rate would boost economic growth.
  • Roberto del Toro Mario Alberto Gutierrez The provisions of the Iceland-Mexico income tax treaty, which was signed in Mexico City on March 11 2008, apply from January 1 2009. Mexico's official gazette on December 11 published the Mexican Senate's authorisations of Mexico's tax treaty with Iceland and the text of the treaty itself on December 31 2008. The treaty not only covers the Mexican income tax, but also, the new Mexican flat tax (IETU). Some of the main provisions included in the treaty are: