Los impuestos en el mundo. Actualización al 23-May-2011

China EU Slaps Its First Anti-Subsidy Duties On China Following a 15-month investigation in the first-ever anti-subsidy proceeding launched by the European Union against China, the EU has decided to impose countervailing and anti-dumping duties against imports of Chinese coated fine paper. China Retaliates Against EU With New Duties Almost immediately after the imposition by the European Union of anti-subsidy and anti-dumping duties against imports of Chinese coated fine paper, the Chinese Ministry of Commerce has announced anti-subsidy duties on European imports into China of potato starch. EU Jersey To Amend 'Zero-Ten' Regime Jersey's Treasury Minister, supported by the Council of Ministers, is announcing his intention to repeal those elements of Jersey’s corporate tax regime which were deemed harmful by the EU Code of Conduct Group. Solvency II To Transform EU Captive Industry Increased regulatory requirements due to be enforced under Solvency II will change the captive insurance market environment dramatically, with regulatory capital requirements likely to increase by as much as four-fold for European Union domiciled captives, according to recent findings. UK CFC Rules Still Break EU Law The UK must amend its legislation on the tax treatment of controlled foreign companies, as it fails to fulfil European Union Treaty obligations or adequately take into account relevant court rulings, the European Commission has said. Japan Japan Delays TPP Decision As a further consequence of the earthquake and tsunami in March this year, it has now been officially confirmed that Japan’s decision on whether to join the Trans-Pacific Partnership will be delayed beyond its expected June deadline. UK UK To Review Tax Administration Rules In light of the conclusion that tax administration creates considerable uncertainty and complexity for small businesses, the UK is to investigate the issue in greater depth, hoping to implement considerable improvements in the future. UK Savers Struggle To Beat Rising Inflation As inflation continues to rise, UK taxpayers are facing a savings account crisis of sorts, with accounts either highly unlikely or unable to cancel out the effects of tax and inflation, or even provide a decent rate of return, according to new figures. UK Trials New Tax Compliance Process The UK's revenue agency, HM Revenue and Customs, is to run trials of a single compliance process for enquiries across a range of different taxes, designed to simplify and standardize the system. US FTAs To Boost US Agriculture, Says Kirk The United States House of Representatives Agriculture Committee has held a public hearing to examine the three pending free trade agreements with Colombia, Panama, and South Korea, and the issues surrounding their implementation. Standard Setters Complete Fair Value Project The International Accounting Standards Board and the Financial Accounting Standards Board on May 12 issued new guidance on fair value measurement and disclosure requirements for International Financial Reporting Standards and US Generally Accepted Accounting Principles. GOP Rejects Tax Increases As US Hits Debt Ceiling While the Treasury has confirmed that the United States government has reached its statutory debt limit, leading Republican politicians remain insistent that there is now an opportunity to approve further measures to contain the fiscal deficit, through reduced government spending and not by increased taxes. US Senate Stalls Cut To Oil Industry Tax Breaks The United States Senate has rejected a bill which would have cancelled the USD21bn in tax breaks that the country’s oil and gas industry is expected to receive over the next ten years, and dedicated the increased revenue generated to the reduction of the federal budget deficit. US Returns To Top Of World Competitiveness Rankings The Swiss business school, IMD, has announced the rankings from its 2011 World Competitiveness Yearbook, which places the United States and Hong Kong as the most competitive countries. Otros temas India Gears Up For Transfer Pricing Changes Tax experts in India have called for the country’s transfer pricing system to have in-built mechanisms for smooth negotiation and conflict resolution, as radical changes are underway for the Direct Tax Code, most likely coming into effect from April 1, 2012. Otros temas OECD Praises Russian Transfer Pricing Changes Amendments to Russia's transfer pricing rules, designed to improve efficiency and reduce tax avoidance, have been welcomed by the Organization of Economic Co-operation and Development, which says such changes would bring them largely in line with international standards.