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  • The UK draft legislation targeting UK resident non-domiciliaries published earlier this year will significantly increase the tax burden imposed on such individuals. In light of these changes, the Irish tax and administrative burden for non-domiciliaries looks more benign.
  • Finland has traditionally levied a 1.6 % tax on transfer of shares and other instruments entitled to shares of Finnish companies if the transfer is executed outside of a stock exchange, and if one of the parties of the transfer is a Finnish tax resident. The party liable to pay the tax is the transferee of the securities.
  • Massimo Agostini Article 37 of law decree no. 248 dated December 31, 2007, converted by law no. 31 dated February 28, 2008, abolished as from January 1, 2008 the stamp duty tax (tassa sui contratti di borsa) provided for by royal decree no. 3278 of December 30, 1923, as amended, applicable in connection with – among others – transfer of shares, bonds and/or other financial instruments.
  • Despite fierce pressure, Ontario's finance minister ignored federal government pleas to cut business taxes in his 2008 budget
  • Catherine Snowdon met Sempra Energy's San Diego based tax team and discovered its priorities
  • FIN 48 enters its second year remaining a thorn in the side of many corporate tax departments
  • Port Louis: DTA disagreement Talks designed to revise the double tax treaty between India and Mauritius have failed. In the three weeks before the Indian budget at the end of February, negotiators met in the Mauritian capital Port Louis but the talks collapsed. They are unlikely to be restarted before 2010.
  • A number of recent legislative, judicial and treaty developments will have a significant impact on the M&A landscape in Canada, both from an outbound and an inbound perspective, reveal Kirsten Kjellander and Robert Kopstein of Blake, Cassels & Graydon
  • The East African Community (EAC) has drafted a double tax convention which will cover its five member states