President Michel Temer said on Wednesday that Brazil will respond with caution to planned U.S. tariffs on steel and aluminum to avoid hurting ties with its second-largest trade partner. But if talks fail, the president emphasized, Brazil will not hesitate to take a complaint to the World Trade Organization.
The Falkland Islands has announced that individual 2017 Income Returns will be issued on 2nd March 2018, and if any individuals do not receive a return by 9 March 2018, and believe they should complete one, please contact the Tax Office on 28470.
Tax rates do vary dramatically depending on which country you live in. The accountancy firm PricewaterhouseCoopers (PWC) has crunched the numbers for the G20 nations. For each country, they calculated how much a high earner on a salary of $400,000 (£240,000) in 2013, with a mortgage of $1.2m (£750,000), would have left after all income tax rates and social security contributions.
Spanish Foreign Minister José Manuel García-Margallo has long been a vocal critic of Gibraltar’s competitive tax framework, denouncing the Rock as “a tax haven” despite its recognised compliance with international standards set by the EU and the OECD, among others.
Gibraltar’s Chief Minister Fabian Picardo and other leaders of the British Overseas Territories have welcomed remarks by the Prime Minister David Cameron that Overseas Territories should not be described as tax havens.
British prime minister has hailed an agreement by the UK's Overseas Territories and Crown dependencies to sign up to a tax evasion clampdown. David Cameron said it was a very positive step forward ahead of the G8 meeting, which starts on Monday.
The Isle of Man and Jersey have hit back at accusations that they facilitate tax evasion and avoidance ahead of next week's G8 summit. The offshore jurisdictions, frequently described as tax havens, suggest recent pressure from world leaders is politically motivated.
Prime Minister David Cameron has urged British overseas territories to get their house in order and sign up to international treaties on tax. He wrote to 10 territories and crown dependencies, including the Cayman Islands and the Isle of Man, which operate low-tax regimes.
The latest CNN poll shows that the same partisan divide that has kept the US congressional super committee from reaching a federal budget deficit reduction deal also exists among US voters who identify with a political party.
As has happened in several European countries, namely Germany, nearly 140 millionaires asked members of the United States Congress to increase their taxes for the sake of the nation.