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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 29/07 New
Lowtax Editor Column, by Kitty Miv |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu
, Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 19/07 Expats
Turn Backs On US Taxes, Tax-News.com |
| 16/07
Congress Approves US Financial Reform Bill, Tax-News.com |
| 15/07 New
Lowtax Editor Column, by Kitty Miv |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-News.com
Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
| 09/07
Antigua Pursuing Trade Sanctions Against US, Tax-News.com |
| 08/07 New
Lowtax Editor Column, by Kitty Miv |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 05/07
Australian Mining Tax Agreement Reached, Tax-News.com |
| 02/07 Online
Trading For Expats, Investors Offshore special feature |
| 29/06 EC
To Extend Common System Of VAT, Tax-News.com |
| 28/06
Lowtax Dubai, annual update |
| 25/06 Jersey
Considers Tax Future, Tax-News.com |
| 22/06 VAT
Hiked In UK Emergency Budget, Tax-News.com |
| 21/06 Steady
Progress In TPP Negotiations, Tax-News.com |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
| 14/06 Ethical
Moonshine, Penelope Wise blog entry |
| 11/06 Germany
Purchases Stolen Tax Data Disc, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 07/06 G-20
Shelves Global Bank Tax, Tax-News.com |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 31/05
OECD And EU Strengthen Tax Cooperation, Tax-News.com |
| 28/05
Lowtax Guernsey, annual update |
| 25/05
Lowtax Jersey, annual update |
| 24/05 Lithuania
Summary PBTG Guide, added to Personal Business Tax Guide |
| 21/05
Lowtax Liechtenstein, annual update |
| 18/05 Latvia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 17/05 Offshore
And The Euro, Jeremy Hetherington-Gore blog entry |
| 14/05 IO
Focus: Barbados, Investors Offshore special feature |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| 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. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| Isle Of Man Business Confidence Rallies |
by Amanda Banks, Tax-News.com, London
Tuesday, February 16, 2010
A survey of business leaders from a spectrum of Isle of Man based companies -
spanning manufacturing, professional services, e-business, shipping, aircraft
and finance - reveals confidence levels on the Isle of Man remain strong despite
wider economic uncertainty.
Two thirds (62%) of businesses have seen only a small reduction in turnover
(0% – 10%) since the start of the global recession. 84% of firms polled
expect to post a profit in the year ahead, compared to 70% of firms who were
asked the same questions six months ago.
Looking ahead, more than two thirds (69%) of companies expect to grow over
the next 12 months. Nearly one in five (18%) predict their firm will shrink
over the next year although two in three of such businesses (12%) say they only
expect to shrink “a little”. The most pertinent issue facing Isle
of Man businesses is diversifying into new markets and products (33%).
Nearly half (46%) of firms do not see themselves taking any cost cutting measures
over the next year. For those that need to reduce outgoings it appears the last
12 months has forced companies to focus on staff-related costs with travel and
entertainment (32%) and salaries (25%) topping the list. The research also shows
that research and development is still a priority as only 5% of firms look to
cut back on spending in this area.
Minister for Trade and Industry, David Cretney, said: “It is encouraging
to see that businesses on the Isle of Man remain positive about the outlook
for the year ahead. The performance of our economy is holding up well: the Isle
of Man has avoided recession and the latest figures are encouraging with National
Income forecast to grow by 2.5% this year (and 4% next year), low unemployment
(2.1%) and low inflation (1.3%).
“The Isle of Man government’s diversification strategy has provided
some protection against the global economic downturn and we plan to continue
this strategy over the next 12 months. In addition, close public and private
sector cooperation and the ability to offer a range of financial incentives
such as capital grants and loans to businesses has assisted in attracting businesses
with innovative new ideas and we are confident economic growth on the Isle of
Man will remain strong as the world economy emerges from recession.”
Concluding, Treasury Minister, Allan Bell, opined: “Because of the policy
of diversification pursued by the Isle of Man government in recent times, the
economy is now less reliant on any one sector or geographical area and this
has helped to shield the economy from the worst of the current downturn. Indeed
this policy will help to ensure that the Island’s economy fully recovers
ahead of the majority of our competitors.”
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| THE LOWTAX LIBRARY
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