Los impuestos en el mundo. Actualización al 24-Oct-2011

Canada Canada, EU Edge Closer To Trade Deal Canada and the European Union are holding a ninth round of talks on a free trade agreement, with the negotiations described by the Canadian government as the most significant trade initiative in fifteen years. Panel Urges Canada To Simplify Research Tax Credit With CAD5bn (USD4.95bn) offered at a federal level in research and development funding each year, Canada's government must implement a simplified and more focused approach to the aid, according to a new report that also argues changes to the tax credit system are needed. Canada Concerned At 'Buy American' Proposals Canadian and American ministers have met to talk trade, with the Canadian Minister of International Trade and Minister for the Asia-Pacific Gateway stressing that, because of the importance of the trade relationship, any restrictive policies, including "Buy American" provisions, would hurt both parties. China Hong Kong Welcomes Chinese RMB FDI Regulations Financial Secretary John C Tsang has issued a statement confirming that Hong Kong’s government welcomed the promulgation by the Chinese Ministry of Commerce and the People's Bank of China of administrative rules that will provide transparency and certainty for the making of foreign direct investments in renminbi. China Warns Again Against US Currency Bill In a press conference, whilst also warning that current global uncertainties could seriously affect China’s foreign trade in the final quarter of this year, and early in the next, the Ministry of Commerce’s spokesman Shen Danyang confirmed that the Chinese government would definitely respond, if the United States anti-renminbi currency bill came into force. EU Italy Referred To ECJ Over Maritime Aid Scheme The European Commission has referred Italy to the European Court of Justice for failing to comply with a 2007 Commission decision, which found an aid scheme for Sardinian shipping companies incompatible with EU state aid rules. Japan Brazilian Car Import Tax Hike Concerns WTO Members Japan is said to be leading a chorus of protest at the World Trade Organization against a protectionist measure announced by Brazilian authorities in September to shield the nation's car manufacturing and car assembly industry from cheap foreign imports. South Korea, Japan To Resume FTA Talks At a recent summit meeting in Seoul, the South Korean President Lee Myung-bak and the Japanese Prime Minister Yoshihiko Noda have agreed to resume working-level discussions on negotiations for a free trade agreement between the two countries. UK Uncertain Future For LVCR The UK's tax exemption offered to Channel Island exporters of low-value goods may be rescinded within months as the UK government looks to implement its Budget pledge to 'level the playing field' between Channel Island-based distributors and retailers in the UK. UK Non-Doms Urged To Plan Their Tax Affairs Non-domiciled individuals should seek advice on the UK tax system, as tax planning opportunities may remain available to them, a leading firm of chartered accountants has said. Court Backs HMRC In Key UK Residency Case International businessman Robert Gaines-Cooper has lost his long-running dispute with HM Revenue and Customs, with the UK's highest court ruling in favour of the taxman in a contentious dispute over the interpretation and application of residency guidance. UK Consults On Corporate Governance Rules The UK’s Financial Reporting Council is to be refocused and streamlined under new proposals, designed to ensure the body is in a strong position to promote the highest standards of corporate reporting, governance and auditing. Jersey Clarifies Position On UK LVCR Review Jersey Treasury Minister Phillip Ozouf has dismissed speculation that the Jersey government is ready to accept the loss of the UK's Low Value Consignment relief scheme, a tax break which has benefited the local economy, in return for the UK's approval of its 'zero-ten' corporate tax regime. UK To Scrap REIT Levy Following an informal consultation on proposed changes to the UK's Real Estate Investment Trust regime, the government has agreed that the a levy payable by companies which convert into REITS should be scrapped. UK Mulls VAT On Cosmetic Surgery Cosmetic surgery procedures in the UK may soon be subject to value-added tax, potentially raising the cost of operations by 20%. 7 Million Britons Incorrectly Taxed In the latest episode of a ongoing saga over its pay-as-you-earn system, HM Revenue and Customs has revealed that over seven million UK taxpayers were taxed incorrectly over a five year period, meaning it will now have to offer rebates to the tune of GBP2.5bn (USD3.9bn). Nadal Won’t Pay to Play Queen’s Former World No. 1 tennis player Rafael Nadal has announced that he will not play next year’s Queen's Club Championships due to UK tax law. US US Reinsurance 'Loophole' Closer Reintroduced Legislation has been reintroduced in both the United States House of Representatives and the Senate to close what is called an 'unintended tax loophole' that provides foreign-owned insurers a significant advantage over their US competitors in serving the domestic market. US Congress Studies Charitable Giving Tax Incentives The United States Senate Committee on Finance held a hearing on October 18 to consider the various proposals that have been made to alter the income tax treatment of charitable giving by individual donors, to ensure that such donations are encouraged in the most efficient way possible. US Senators Back Georgia In Russia WTO Talks In a letter to US Secretary of State Hillary Clinton and US Trade Representative Ron Kirk, two US Senators have urged the Obama Administration to fully consider the sovereignty of Georgia before endorsing Russia's pending accession to the World Trade Organisation. US Accountants Back IFRS Opt-In A majority of certified public accountants support optional adoption of the International Financial Reporting Standards by listed United States companies, according to a recent survey by the American Institute of Certified Public Accountants. US Education Tax Credits Overclaimed According to a new report from the United States Treasury Inspector General for Tax Administration, an estimated 2.1m taxpayers may have received USD3.2bn in erroneous education tax credits. Otros temas Banks Contest Philippine Bond Tax Eight banks in the Philippines have obtained a temporary restraining order from the Supreme Court against the Bureau of Internal Revenue in its attempt to impose a 20% withholding tax on the redemption proceeds of the government's Poverty Eradication and Alleviation Certificates (PEACe) bonds.