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  • The UK Finance Bill, which outlines the legislation required to implement measures announced in the Budget, was published on April 7.
  • Switzerland has said that the tax retention system, designed to collect income from the savings of EU residents held in Swiss accounts, has worked well in its first six months.
  • The South African finance minister, Trevor Manuel, said on April 3 that he would soon name a task force to decide how to best implement a windfall tax on petrochemicals company Sasol.
  • Ecuador's congress has voted to impose a 60% tax on "extraordinary profits" earned by foreign investors in the oil sector.
  • A group representing large companies in Australia has described the country's corporate tax burden as one of the highest among Australia's key competitors.
  • The Venezuelan government's fights with several big oil companies over tax misunderstandings appear to be moving closer to resolution.
  • An opinion from an advocate-general of the European Court of Justice went against provisions of the UK tax system one more time.
  • The chairman of the Senate Finance committee, which is responsible for tax writing, said that tax reform would be delayed until next year. Chairman Charles Grassley also said that policy makers should try to find a way to cut the corporate tax rate, which at 40% is one of the highest in the world.
  • George Osborne, shadow chancellor of the exchequer for the UK's Conservative party, has said that there is a very strong argument for cutting business taxes over personal taxes.
  • Plans for a European harmonised corporate tax base are being obstructed by member states unwilling to show commitment, said EU tax commissioner László Kovács.