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  • SEC appoints chief accountant
    The US Securities and Exchange Commission has appointed Carol Stacey as the regulator's chief accountant of the Division of Corporation Finance.
    March 10 2002
  • European Commission warns over accounting standards
    The European Commission has warned the International Accounting Standards Board over its plans for stock option accounting
    March 10 2002
  • Commission v Finland
    Failure by a member state to fulfil its obligations – Sixth VAT Directive, Articles 2 and 28(3)(b) and point 2 of Annex F – Act of Accession of the Republic of Finland – Exemption for the services supplied by authors, artists and performers of works of art – Derogating provisions.
    March 07 2002
  • Australian authority warns over bond interest
    The Australian tax authority has warned investors it will not allow interest on linked bond products to be treated as tax deductible
    March 03 2002
  • Belgium and Italy face EU probe
    The European Commission has begun formal investigation proceedings into Belgian and Italian schemes that the authority believes to be incompatible with EU state aid rules.
    March 03 2002
  • Singapore business leader calls for tax review
    Singapore should amend its tax regime to make the island state more regionally competitive, according to the chief executive of Singtel
    March 03 2002
  • oecd20-20wendy20warren20bahamas.jpg
    Tax havens demand action from OECD members
    A number of tax havens signing up to the OECD’s initiative on harmful practices have warned that their commitments are conditional on the group of rich nations tackling their own onshore tax havens
    March 03 2002
  • Hong Kong heads towards consumption tax
    The likelihood of consumption taxes in Hong Kong has increased following a government advisory committee recommending the adoption of a Goods and Services Tax
    March 03 2002
  • European Commission hits back at customs fraud
    European countries losing vast sums of money each year to tax and customs fraud can perhaps take heart from the fact that the issue has not been forgotten by the European Commission (EC). As the UK's National Audit Office (NAO) released figures claiming that the country is losing between £6.4 billion ($9.1 billion) and £7.3 billion each year to fraud, the EC has adopted proposals for two programmes to help member states work together more closely to fight tax and customs fraud.
    March 01 2002
  • Tax advisers relieved by South African budget
    After several years of substantial tax reform, South Africans are relieved that their 2002 budget does not contain any new taxes. While the corporate tax rate is remaining unchanged at 30%, there are some benefits for business.
    March 01 2002
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