Is Government procurement a non fiscal incentive?
Government Procurement contracts is a very powerful, and yet often untapped, policy leaver to drive economic growth and development.
Category: Tax
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What is Global Economic Governance?
The global economic governance system not only limits but at times directs policy choice/options of policy makers especially in the developing world. It will come as no surprise then that policy makers ands investors alike take a keen interest in this system.
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International Financial Services: Dubai and Abu Dhabi authorities collaborate
This collaboration has at the heart of it the application of the highest global standards, standards which are being used as a means to maintaining competitiveness. Given the greater scrutiny that jurisdictions that operate international financial services centres have come under in recent times expect to see more of these types of collaborations.
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Multilateral Tax Convention Becomes Law In Singapore
The May 1 effective date comes some four months after Singapore ratified the Convention January 2016 and is part of effort to increase tax transparency and combating cross-border tax evasion in Asia's top financial and business hub
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Poker players must pay taxes on their winnings in Germany
By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. The German finance court of Cologne has ruledthat poker is a game of skill. The ruling is in response to poker player Eduard Scharf´s claims that his poker winnings shouldn’t be taxed because poker is a game of chance, and “anyone can win a game of poker.” The court disagreed, ruling that “he had to pay… Continue reading "Poker players must pay taxes on their winnings in Germany"
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What Is The Best Way For Governments To Combat Global Tax Evasion?
Given the state of the global economy and the fiscal constraints many governments find themselves one would reasonably think that all is being done to locate, account and tax these monies? With a conservative $21 trillion out there, the results so far speak for themselves.
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Jamaica Continues Apace to Become an International Financial Service Centre
Image rights generally speaking are intellectual property rights that are intended to protect the use of a person’s name, personality, distinctiveness, likeness and even gestures. Guernsey’s law, set to become active just in time for the London Olympics, will allow sports stars and other individual that derive a considerable part of their income from the exploitation of their image to better – from a tax and asset management perspective – manage the income from their image. For example the law would allow an “image individual” to separate the income they earn directly from doing their jobs and those gained from the use of their image.
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Japanese Gov’t Mulls Over Radical Change To Inheritance Tax Policy
By: Ainsley Brown In a move to boost its faltering economy, the Japanese government is considering a radical alteration of its inheritance tax regime. The policy, if implemented and if it has the desired effect, could see trillions of yen being transferred from elderly savings conscious Japanese to their more free-spending children or grandchildren. The policy basically boils down to… Continue reading "Japanese Gov’t Mulls Over Radical Change To Inheritance Tax Policy"
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Real Estate investment going up in the U.S. Say what?
By: Eran D. Grossman Yes that’s right. With growing concern about a commercial real estate bust and home prices continuing to fall, real estate stocks are soaring. What you say? Shares of Real Estate Investments Trusts, a/k/a REITs, are lucrative investment vehicles thus far in 2010. The IShares Dow Jones Real Estate exchange-traded fund, which owns about seventy-five real estate… Continue reading "Real Estate investment going up in the U.S. Say what?"