Thursday, February 9, 2012

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International Tax

China Just Tweaked A Tax Law That Will Unleash Its Super Rich

by taxnick on June 20, 2011

In a move to increase domestic spending, the Chinese Finance Ministry plans to significantly lower duties on luxury goods like watches, cosmetics, clothing and shoes.
Via China Daily:
Owing to hefty import taxes, prices of 20 luxury brands of watches, suitcases, clothes, liquor and consumer electronics in the Chinese mainland are 45 percent higher than those in [...]

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Strikes in Greece over proposed tax law overhaul

by taxnick on March 19, 2010

ATHENS, Greece — Greek unemployment rose to 10.3 percent in the fourth quarter of 2009, the country’s statistics agency said Thursday — the highest since 2005 and the largest jump in 11 years.
Unemployment had stood at 7.9 percent in the fourth quarter of the previous year, the statistics agency said. This quarter’s rate is the [...]

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