 |
|
|
 |
|
| |
|
| Lowtax Network Sites |
| Lowtax Network 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. Sponsored by HSBC
Bank International. |
| 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. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
|
|
| IMF Launches Consultation On Financial Sector Tax |
by Ulrika Lomas, Tax-News.com, Brussels
Friday, January 15, 2010
The International Money Fund (IMF), as part of the compilation of its report on proposals
to recover public money that was used to support banks in the current financial
crisis, has announced that it will be launching a comprehensive consultation
to allow input from experts and observers. Among policy options being discussed
is the idea of a financial sector tax.
The IMF report was commissioned by the Group of Twenty (G-20) industrial and
emerging market countries to analyze policy options “for how the financial
sector could make a fair and substantial contribution toward paying for any
burdens associated with government interventions.”
In a statement announcing the beginning of the consultation, IMF First Deputy
Managing Director John Lipsky, who is heading the IMF group preparing the report,
said that the consultation is “an important aspect of [the IMF’s
report] as we move forward.”
“We will be seeking the views of a broad set of observers, who will
bring varied perspectives and valuable insights to the process.”
According to the IMF statement, to ensure that the consultation is comprehensive
it will involve IMF staff interaction with tax experts, academics, labor unions,
and civil society. In addition, IMF Managing Director Dominique Strauss-Kahn
and Lipsky will hold meetings with senior officials of civil society organizations, who have already submitted 91 letters opining the proposals.
Along with these meetings, the IMF is issuing a call for written comment on
the matter of financial sector taxation as part of the consultation process.
Interested parties are asked to submit their comments by February 1, 2010, after
which time submissions will be posted on the IMF website. A second call for
comment will take place after the initial IMF study is published.
.
|
|
|
|
| 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
