Panama Free of OECD Tax Haven Grey List
Panama has followed Costa Rica in being removed from the Organization for Economic Cooperation and Development's (OECD) 'grey list' of countries which have yet to substantially implement ...
LLC Operating Agreements
LLC operating agreements are much like corporate bylaws in that both types of documents govern the workings of your business. LLC operating agreements allow the owners of a business to configure the running of their business in a way that best ...
Liechtenstein Bank Secrecy Continues
No automatic exchange of information in cases of tax fraud and tax evasion The Liechtenstein Government, having already developed and advancement strategy in 2008 in order to safeguard the future of the financial market place emphasized with the “Liechtenstein Declaration” its stance ...
Carbon Tax In Australia Starts In July 2012
The Australian Prime Minister Julia Gillard announced this week that the government will be putting a price on Australia’s carbon emissions, starting in July next year. The news was ...
Italy: Online winnings must be included in personal tax return
On-line winnings, whether through betting or other games, are classified as ‘other income’ and therefore should be included on an individual’s tax return. This was clarified by the Italian Revenue Agency, in a tax resolution issued on January 3, 2011. The ...
Australian GST Administration Performance
The Australian government has published its GST administration mid-year performance, which shows that GST revenue collection at December 31, 2010 was around 4% (just over AUD1bn) lower than the Budget 2010–11 forecast and 2.6% below the mid-year economic fiscal outlook ...
Alderney Defends E-Gaming Regulations
The Alderney Gaming Control Commission has issued a statement rejecting statements made by British newspapers that the island, despite the jurisdiction’s white-listed status - offers less protection to UK consumers than companies offering the same services from Britain. In a statement ...
Protect your personal money from business creditors
Structure Your Business The easiest way to protect your personal finances from business creditors or from company-related litigation is to create your company as a separate legal entity. "Form some type ...
How to test a new business idea?
Everyone has a few good ideas and a dream or two they'd love to test. The really good ones are gems like Google or the iPhone. The not ...