August 13th, 2009
Abuja — Federal Government on Tuesday declared that despite the achievements recorded, the sector still has a lot of challenges to battle with.
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August 13th, 2009
My friend, Richard Murphy, has
pointed out that India is planning to overhaul its tax code in a dramatic attempt to fight tax evasion and improve tax revenue. From the
FT:
India’s government is planning a big shake-up of its archaic tax system in a bid to curb widespread evasion as it confronts a sharply widening fiscal deficit amid expanding social welfare programmes.
The plan, announced by Pranab Mukherjee, the finance minister, aims to foster greater compliance with tax laws by lowering key corporate and personal income tax rates, simplifying...
August 13th, 2009
India’s government is planning a big shake-up of its archaic tax system in a bid to curb widespread evasion as it confronts a sharply widening fiscal deficit amid expanding social welfare programmes.
Continue Reading
August 12th, 2009
Pat Garofalo in the Wonk Room over at ThinkProgress has a fascinating
post today about the companies which are lining up to oppose President Obama's crackdown on corporate abuse of tax deferrals. From
ThinkProgress:
National Journal reported today that some tech-industry giants are getting ready to “intensify their opposition” to the Obama administration’s plan to limit the use of offshore tax deferrals:
High-tech industry giants such as Hewlett-Packard, IBM, Microsoft and Oracle will intensify their opposition this fall to an Obama administration proposal aimed at limiting what critics insist...
