Los impuestos en el mundo. Actualización al 20-Dic-2010

China China Plans Income Tax Reforms It has been disclosed that China’s Ministry of Finance and the State Administration of Taxation have a plan to reduce the incidence of individual income tax on low to middle incomes, sometime during next year. China Increases Export Tax On Rare Earths Within a policy of regulating exports and protecting China’s natural resources, the Ministry of Finance has disclosed that taxes will be raised on China’s exports of rare earths, with effect from January 1, 2011. EU EU Issues Final Bankers' Remuneration Policy The Committee of European Banking Supervisors has published its final guidelines on remuneration policies and practices, which include tougher-than-expected restrictions on bankers’ bonuses. EU Prepares Fresh Attack On Swiss Taxes European Union foreign affairs ministers are due to adopt a report on bilateral relations between Switzerland and the EU, proposing notably to abolish the various tax regimes applied by the Swiss cantons. UK To Phase Out VAT Concession On Boats The UK tax authority, HM Revenue and Customs has announced that it is to abolish a VAT concession on sailing boats from January 2012 following a ruling that it conflicts with EU law. Japan Japan Could Add To Tax Burden On Wealthy The Japanese government’s tax commission, which is led by Finance Minister Yoshihiko Noda, is expected to propose an increase in income taxes for the highest earners in its draft tax proposals for the next fiscal year. Japan May Cut Corporate Tax Rate Japan’s Prime Minister Naoto Kan has decided that a 5% reduction to the country’s corporate tax rate should be included in his government’s tax proposals for the next fiscal year starting on April 1. UK UK Publishes Draft Finance Bill In the UK, the government has, for the first time, published in draft the majority of the measures for the 2011 Finance Bill. Self-Employed To Suffer UK Tax Hit Punitive tax changes proposed in the UK’s draft Finance Bill will hit UK entrepreneurs and the self-employed the hardest, Ernst and Young has warned. UK Faces 'Stealth' Price Hikes Due To VAT Hike Following a sustained period of recessionary discounting, UK retailers plan to utilize the impending value-added tax rise, set for January 4, to increase prices markedly to nearer their pre-crisis levels, KPMG has found. ICAS Calls For Merger Of UK Income Tax And NICs The Institute of Chartered Accountants of Scotland has called for the amalgamation of National Insurance contributions paid by employees and the self-employed with the payment of individual income tax to simplify tax compliance in the United Kingdom. UK Tax Panel Publishes Interim Report The Office of Tax Simplification published an interim report of the review of tax reliefs on December 13, and this will act as a test to gauge reaction to the OTS methodology for the rest of the review. UK Consults On Freeing Up Pensions Savings The UK Financial Secretary to the Treasury, Mark Hoban has announced the launch of a consultation on proposals to allow early access to pension savings. UK Announces Anti Avoidance Measures The UK government has announced a number of proposals in its draft Finance Bill to tackle tax avoidance, particularly in relation to intra-group transactions, their financial reporting, and inheritance taxation. HMRC Spotlights Tax Schemes HM Revenue and Customs has warned taxpayers seeking tax planning solutions of the legal risks associated with employing tax avoidance schemes that may fall foul of UK tax law. US US Could Introduce New Tax Amnesty The Internal Revenue Service Commissioner, Doug Shulman, in a recent speech to the 23rd Annual Institute on Current Issues in International Taxation, looked at a number of important developments, affecting both individuals and corporations, in the international tax field. Obama Tax Package Could Theaten US Credit Rating Moody’s, the credit ratings agency, has disclosed that passage through the United States Congress of President Barack Obama’s tax package could raise the possibility of a negative outlook for the country’s present top Aaa long-term credit rating. US Obtains Further TARP Repayments The United States Department of the Treasury announced that the total amount of funds that taxpayers have received in return for their investment in General Motors under the Troubled Asset Relief Program has reached more than USD23bn. Otros temas Italian Transfer Pricing Procedures Clarified In a circular issued on December 15, the Italian Revenue Agency has clarified the regulations for multinational companies which are able to inform the Agency that they are in possession of documents to verify the transfer pricing of their inter-company transactions.