After the presentation by Legislative Council, that took place on 9th of October 2013, Hong Kong will conclude tax treaties with Italy, Guernsey and Qatar. They will be in effect as soon as all the details are agreed upon.
Luxembourg has recently accepted a bill which approves a number of tax treaties and has backed a draft law transposing Article 8 of the European Council Directive on administrative assistance in tax matters.
According to Financial Service Authority (FSA) Labuan achieved a record – International Business and Financial Centre (IBFC) has successfully incorporated more than 10,000 companies during the third quarter of this year.
The Dutch Government is actively combats international tax avoidance without altering the basic structure of the Dutch tax system.
During the eighth Russia-Singapore Business Forum, which was held in Singapore, in late September Deputy Prime Minister of Singapore Tharman Shanmugaratnam stated that “Despite recent volatility and challenges, the emerging market economies will remain the main contributor to global economic growth over the next 5-10 years, and likely beyond.” He also added that now ties…