Search

The article focuses on the challenge facing airlines in creating a binding agreement on carbon-dioxide emissions at the International Civil Aviation Organization (ICAO) meeting in September 2010 after the Copenhagen, Denmark climate change conference failed to do so. Industry executives say that biofuels are needed to meet the target. But Giovanni Bisignani of the International Air Transport Association (IATA) notes that developing countries are reluctant to adopt such agreement. IATA and other groups lobby for the agreement to prevent double taxation.

The article discusses the potential of the offshore industry in Mauritius and the increase of investments from African countries. It mentions the double-taxation treaties and the Investment Promotion and Protection Agreements (IPPAs) of Mauritius with African states to protect the rights of investors. It also mentions the increase of offshore law firms in the country, and the initiatives for its continued development as a financial services centre.

The article presents information on British court judgments on topics including double taxation, family law, and bankruptcy. Information is provided on the remedies for intellectual property infringement, the use of interim injunctions during pending appeals, and the enforcement of financial orders forcing disclosure in matrimonial proceedings.

The author discusses the current situation of Cyprus and the possibility of the launch of legal claims by Russians over the country's proposal of bailout. He discusses several topics including double-tax treaty between Russia and Cyprus, bilateral investment treaty (BIT) and the benefits of the treaty.

The article reports on Australian tax rules that could subject property trusts to double taxation. According to tax analysts, the rules may result in less flexibility for listed and unlisted property trust owners. Property trusts, according to Deloitte tax partner Frank Galea, could be subject to double taxation under the new rules if they undertake an ineligible activity regardless of its size.

Reports on the view of tax lobbies, accounting lobbies and leading accounting firms in Australia that the government failed to produce meaningful reform in the area of international tax despite changes announced in the budget. Keenness of the tax commentators about the Board of Taxation's recommendation that the dividend imputation system be extended to cover income from a foreign source.

This article reports on the plan of United States House and Senate negotiators to begin the crafting of a compromise tax-cut bill from vastly different packages as of May 2003. While significant attention is focused on President George W. Bush's quest to eliminate double taxation on corporate dividends, the construction industry continues to press lawmakers to drop a Senate provision that repeals the foreign income exclusion for U.S. taxpayers working overseas. The 440-billion dollar Senate plan, approved on May 15, 2003 on a 51-49 vote, excludes 50 percent of dividends from taxation in 2003 and raises that amount to 100 percent in 2004–2006. The 550-billion dollar House bill, passed on May 9, 2003 reduces the tax rate for both dividends and capital gains to 15 percent. Construction sources are cautiously optimistic that the measure will be dropped from the final bill, particularly because House Republican leaders have staunchly opposed revenue raisers to offset the tax reductions.

Cites the ruling of the Administrative Appeals Tribunal in Australia on the taxation of tourists. Background on the case; Provisions of a double tax agreement; Basis of the ruling.

Reports the approval of legislation halting double taxation of the work-in-progress of a professional firm in Australia.

Focuses on the problem faced stockholder executives in the U.S. Possibility that the Internal Revenue Service order double tax payments; Practical guidance concerning the situation published by the Research Institute of America Inc.; Data on compensation paid to executives provided.

Presents worldwide industry-related news briefs as of October 1996. Talk of economic reform in Japan; Demand for American technology, management know-how, and marketing skills in Vietnam; Double-taxation tax treaty between the United States and Thailand.