What is a tax haven and are they legit?
In today’s Internet world the borders have moved closer and conducting business from an offshore haven isn’t any difficult any longer. But many do not even know what a tax haven is or they have just hear the word somewhere discussed. A tax haven is in its consents just an offshore jurisdiction / offshore country where no Tax or only a small percentage of tax has to be paid by a...
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Latest tax news
- Tax-News.com: South Korea To Extend Housing Tax BreaksTax-News.com: After a fall in residential property transactions this year, South Korea’s government has announced a temporary loosening of mortgage lending restrictions and a reduction in property taxation. […]
- Tax-News.com: Swiss-German Tax Row Nears ResolutionTax-News.com: During a recent economics conference held in Basel, Germany’s Finance Minister Wolfgang Schäuble revealed that ongoing negotiations between Germany and Switzerland regarding a bilateral tax agreement would be completed by the end of October. […]
- Tax-News.com: Europe Agrees Regulatory Reforms, But Not TaxesTax-News.com: The European Council has endorsed an agreement with the European Parliament on reforms to the European Union framework for financial supervision, but was only able to hold an 'exchange of views' on the options available for the levying of taxes on banks and financial transactions. […]
- Tax-News.com: UK Pre-Budget Report To Be ScrappedTax-News.com: The UK coalition government has decided to do away with the pre-budget report, recently announced late in the year, as it seeks to save Treasury resources and restore the normal cycle of economic policy making. […]
- Tax-News.com: Doubts Loom Over Australian Tax PolicyTax-News.com: With the support of independent parliamentary members and the Greens, the Australian Labor Party and the Prime Minister, Julia Gillard, have been able to obtain a one-seat majority in the House of Representatives and will form a new government, but, as each piece of legislation will have to be negotiated, the future progress of the party's […]