Los impuestos en el mundo. Actualización al 06-Jun-2011

Canada Canada Expanding TIEA Network Canada's network of tax agreements is in the process of substantial expansion, with the entry into force of two tax information exchange agreements, and the commencement of negotiations on four others announced by the Department of Finance. China China Confirms Early Success Of ECFA With Taiwan China’s Ministry of Commerce has professed that the “early harvest list” of import tariff reductions under the economic cooperation framework agreement between Taiwan and China, which began on January 1 this year, has already proved successful. China Brings Expats Into Social Security Net The government has confirmed that China’s social insurance law will be extended, from July 1, to cover expatriate workers living in the country. Japan Japan Considers Gradual Consumption Tax Hike The panel established by Prime Minister Naoto Kan to consider social security and tax policy reforms has received a recommendation that Japan’s consumption tax should be raised in stages, so as not to affect the country’s economic growth prospects. UK UK's Fund Tax Regime Makes It Key Domicile The UK is open for business as a domicile for both funds and management companies, the Investment Management Association has declared, stressing that the country's fund tax regime places it high on the list of attractive domiciles. UK Launches Consultation On Tax Reliefs Following the Chancellor's decision to abolish 43 tax reliefs, the UK is to consult on the removal of three quarters of these, in a bid to simplify what the government has called a "far too complex tax system". Centrica Closes UK Gas Field In Wake Of Tax Hike The impact of the UK's decision to hike an important oil and gas tax continues to be felt, as the country's largest gas field is effectively mothballed over fears on its profitability. US Repeal Urged Of US Tax On Government Contractors The United States Congress is being urged to repeal Section 511 of the Tax Prevention and Reconciliation Act of 2005, which will require federal, state and local governments to withhold 3% from all payments for goods and services. Louisiana Considers 'Amazon' Tax A report by the Tax Foundation has pointed out that, while Louisiana is considering an 'Amazon' law, such taxes have failed in other US states in fulfilling their twin objectives of collecting additional revenue and creating a level playing field between bricks-and-mortar and remote sellers. US Government Continues Wind Down Of MBS Investment The United States Treasury has provided an update on the continued wind down of its agency-guaranteed mortgage-backed securities portfolio acquired during the recent financial crisis, in which it shows that it has now recovered 59% of its original USD225bn investment. CBO Calculates Mortgage Subsidy Costs To US Taxpayer In testimony before the United States House of Representatives Committee on the Budget, the Congressional Budget Office has calculated the budgetary cost of Fannie Mae and Freddie Mac, and looked at the options for a future role of the federal government in the secondary mortgage market.