 |
|
|
 |
|
|
|
|
New On The Lowtax Network Today
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below. |
| |
| TODAY 12/03: Lowtax
Costa Rica, annual update |
| 11/03 Estonia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 10/03 Lowtax
Labuan, annual update |
| 09/03 Word
Search Puzzle, on Lowtax |
| 08/03 Jobs
For All,
Jeremy Hetherington-Gore blog |
| 05/03 Belgium
Summary PBTG Guide,
added to Personal Business Tax Guide |
| 04/03 New
Lowtax Editor Column,
by Kitty Miv |
03/03  Personal
Business Tax Guide, PBTG, has launched!
|
 |
| Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers. |
| 02/03 Personal
Equity Investment In 2010: Not Just For Expats…, Investors Offshore special feature
|
| 24/02 Lowtax
Cyprus, annual update
|
| 22/02 Lowtax
Brunei, annual update
|
| 17/02 Dubai
- A Stately Business Dome Decreed, Investors Offshore special feature
|
| 15/02 Lowtax
Australia,
major content expansion
|
| 27/01 Lowtax
Germany, major content expansion
|
| |
|
| |
| Lowtax Network Sites |
| Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| |
|
|
| French Tax On Bankers' Bonuses To Support SMEs |
by Ulrika Lomas, Tax-News.com, Brussels
Friday, February 05, 2010
Estimated at around EUR360m, the product of the windfall tax levied on bonuses,
issued by France to market operators, is to be transferred in its entirety to
Oséo, the public bank working to support small- and medium-sized enterprises
(SME).
Put forward by French Finance Minister Christine Lagarde, the amendment proposing
the provision was adopted during examination of the country’s 2010 supplementary
finance bill.
Finance Minister Lagarde emphasized the fact that the targeted allocation of the
additional revenue generated by the levy, to a sector desperately in need of
finance, was entirely appropriate, and serves to underline the exceptional nature
of the tax.
The one-off 50% tax is to be levied on 2009 bonuses in excess of EUR27,500.
The initial text provided that EUR270m of this additional revenue would be accorded
to the deposit guarantee fund, in a bid to enhance the security of depositors.
The National Assembly Finance Committee then adopted an amendment put forward
by its president Didier Migaud, which sought to allocate all of the product
to the state budget.
The SME industry body the Confédération générale
des Petites et Moyennes Entreprises (CGPME) welcomed the final amendment to
the text, stating that it is legitimate and desirable that the tax levied on
bonuses arising from trading activities is used to support the financing of
SMEs, those companies who have seen their access to credit severely restricted
by the crisis.
The French employers’ association Medef also welcomed the decision, which
it believes provides a “practical and concrete” solution.
.
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
