Los impuestos en el mundo. Actualización al 21-Mar-2011

Canada Canada To Amend Income Tax Regulations Canada is to make substantial changes relating to its income tax regulations, with the Department of Finance releasing draft legislative proposals to this effect. China WTO Sides With China Over US Double Duties The World Trade Organization, in a surprise decision, has upheld China’s appeal that the United States could not apply both antidumping and countervailing duty measures to a range of Chinese imports. China Confirms Continuing Support To Hong Kong After the annual meeting of the National People's Congress in Beijing, China’s Premier, Wen Jiabao, said that the Mainland government would continue to support Hong Kong in its position as an international financial centre. China Approves 2011 Budget, Fiscal Policy The Chinese National People's Congress has recently adopted an official report on the outcome of the country’s 2010 budget, the proposed budget for this year, and the underlying fiscal policy to be implemented in 2011. EU EU Asks UK To Change Local Tax Rules The European Commission has formally requested that the UK amend elements of its tax regime that affect foreign students, because provisions relating to real estate are considered discriminatory. EU Unveils Common Corporate Tax Base Proposal The European Commission has recently proposed a common system for calculating the tax base of businesses operating in the European Union in a bid to make business easier and cheaper. Further Movement Towards EU Single Work Permit The Employment Committee of the European Parliament has emphasized that non-European Union workers in Europe should have the same rights regarding working time, leave and social security as EU nationals. Japan Bermuda Insurers Count Cost Of Quake Insurance companies are beginning to contemplate the cost of the earthquake and tsunami that hit Japan on March 11, with estimates running into the billions. Countries with a large re/insurance industry, such as Bermuda, could be particularly hard hit. India To Open Eight Overseas Tax Units The Indian Minister of State for Finance (Revenue) Shri S S Palanimanickam has announced that the government has made plans to launch eight new Income Tax Overseas Units in France, Germany, Netherlands, Cyprus, USA, UK, UAE and Japan in the next financial year. UK Pressure Grows On UK To Scrap 50% Tax The UK government has come under renewed pressure to abolish the 50p top rate of income tax, with the free market think tank the Adam Smith Institute issuing a damning critique of the rate's impact on the country's revenue and competitiveness. Labour Outline Their UK Budget Demands The UK's official opposition party has set out its demands on the government, calling for immediate action to boost jobs and growth in the economy in Chancellor George Osborne's March 23 Budget. OECD Praises UK Fiscal Policy The Organisation for Economic Cooperation and Development has praised the UK government's commitment to fiscal consolidation, but has also stressed the need for further structural and efficiency targeted reform, in order to address fiscal sustainability and help bring about a long term rebalancing of the economy. New Process For UK Tax Policy Changes The UK government has launched a new process for undertaking impact assessment of tax and National Insurance Contribution policy changes, which will be produced for all substantive changes in such policy by primary and secondary legislation. Northern Ireland To Have Corporate Tax Responsibility Northern Ireland looks set to receive responsibility for its corporation tax as UK ministers look at 'really radical' measures to help make the private sector flourish and attract new investment. US IASB Chair Urges US Adoption Of IFRS The outgoing Chairman of the International Accounting Standards Board has urged the United States to adopt International Financial Reporting Standards this year, rebuffing concerns that the international accounting rules will be subject to undue influence by foreign governments. IRS Reminds US Taxpayers Of Refund Options The United States Internal Revenue Service has reminded taxpayers that they can receive their refunds in the form of savings bonds, payments to retirement accounts, mutual funds, as well as in the form of cash directly deposited to a checking or savings account. US TARP Bank Programme Nears Profitability The United States Department of the Treasury has announced that, following the recent repurchase by six financial institutions of capital investments, the programmes within the overall Troubled Asset Relief Programme that provide direct financial support to banks are continuing to near profitability.