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Austria, Luxembourg Block EU Savings Tax Proposals, by Ulrika Lomas, Tax-News.com, Brussels Last updated 11 hours ago \| Thursday, May 17, 2012
Much to the deep annoyance and extreme frustration of European Union Tax Commissioner Algirdas Semeta, Austria and Luxembourg have blocked the European Commission’s plans to negotiate new and stronger savings tax agreements with Switzerland, Monaco, Liechtenstein, Andorra and San Marino, aimed at strengthening cooperation in tax matters. [ FULL STORY ]

Dubai Enhances Bank Regulatory Ties With China, by Lorys Charalambous, Tax-News.com, Cyprus Last updated 12 hours ago \| Thursday, May 17, 2012
The regulator of the Dubai International Financial Centre, the Dubai Financial Services Authority has announced that it has entered into a supplementary agreement to further boost cooperation with the China Banking Regulatory Commission. [ FULL STORY ]

Boehner Warns Of Looming 'Fiscal Cliff', by Mike Godfrey, Tax-News.com, Washington Last updated 14 hours ago \| Thursday, May 17, 2012
With the prospect of a further stand-off between the Democrat and Republican parties later this year over the United States government statutory debt limit, House of Representatives Speaker John Boehner has returned to his mantra of spending cuts with no tax increases. [ FULL STORY ]

18/05/2012 Hong Kong Revises Bank Market Entry Criteria
18/05/2012 EU Hails ETS Aviation Compliance Rate
18/05/2012 Taiwan Accused Of Dragging Feet In Trade Talks
18/05/2012 House Passes State Tax Simplification Bill
18/05/2012 Cayman Touts Insurance Industry Offering In America
18/05/2012 ASEAN, World Bank Monitor Progress To AEC
18/05/2012 US Senate Mulls Tax Reform For Tribes And Territories
18/05/2012 Peru, Korea Cement Economic Ties
17/05/2012 Gibraltar-Spain Tripartite Forum Abandoned?
17/05/2012 ECJ Urged To Confirm Passenger Delay Compensation
17/05/2012 Italian Property Tax Slammed As 'Odious And Inequitable'
17/05/2012 GSK Refutes BBC's Panorama Tax Allegations
17/05/2012 Lamy Sings Praises Of IT Agreement
17/05/2012 China, Switzerland Make Progress In FTA Talks
17/05/2012 Swiss Asset Managers Slam 'Incoherent' Financial Centre Strategy
17/05/2012 BC Unveils New Sales Tax Law
16/05/2012 IRS Non-Resident Reporting Rule Questioned Again
16/05/2012 EU's First EPA With African Countries Goes Into Effect
16/05/2012 Australia To Clarify GAAR
16/05/2012 South Africa Consults On Retirement Savings Incentives
16/05/2012 Bundesrat Blocks German Tax Cut Plans
16/05/2012 BVI To Enhance Companies Legislation
16/05/2012 IoM E-Gaming Sector Recognised
16/05/2012 Mexico, Qatar Sign DTA
16/05/2012 Cayman Islands Target Brazilian Investors
16/05/2012 Belgian Residents Stifled By Hollande's Tax Plans
15/05/2012 Hong Kong Progresses Arbitration Centre Credentials

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