Google again in the News over Taxes
Google’s Australian tax bill amounted to a paltry $74,176 in 2011, compared to its estimated $1 billion revenue from its business activities in [...]
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New Australian GST for Online Shoppers & other news
Australian customers purchasing items from shops overseas via the Internet may have to pay Goods Service Tax (GST) after new preliminary options by [...]
A possible Trade War between China & US and other news
In the US, the Senate has passed a bill that allows the US government to impose duties on subsidized goods from China and [...]
Austerity Measures to roll on in Greece and other news
The Eurozone debt crisis continues to dominate the news. Greece, after much deliberation, finally approved a controversial package of austerity measures fulfilling their [...]
Gloomy Shadows loom over 2012 & other news
Despite economic predictions casting gloomy shadows on 2012, investors shrugged off S&P’s latest debt downgrades. France and Italy were amongst the countries whose [...]
EU’s Economic Outlook is putting on the Brakes, on top of other news
Economic Outlook Slows for EU, Global Economy “OECD urges ECB to Act as Euro Zone Enters Recession” The Organization for Economic Cooperation and [...]
QROPS & The Threat of Singapore
Singapore and Hong Kong are ideal locations for retiring overseas because of tax advantages and asset protection. Both jurisdictions source enough income from global business and international trade that they do not rely on global citizens for income tax. HRMC has suspended QROPS in Singapore, indicative of the perceived threat offshore investing and low-tax jurisdictions pose to governments around the world. [...]