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Jurisdictions news

11.10.2011 Rescue Plan for European banks.
At the moment the plan of recapitalization of banks in Europe as a means of crisis overcoming in the euro zone is being developed.

10.10.2011 British banks rate has noticeably declined
Recently the rate of several leading British banks (Lloyds TSB Bank, Royal Bank of Scotland, Santander UK, Co-Operative Bank, Nationwide Building Society and other smaller ones) has significantly declined.

07.10.2011 Switzerland and India signed a cooperation agreement
The officials of India and Switzerland have recently signed a "memorandum of understanding."

06.10.2011 Germany confidently holds its position in the crisis
Germany maintains its position in the crisis period that is throughout Europe.

05.10.2011 Portugal is not going to increase taxes
Portugal is one of European states which most of all felt negative effect of the crisis.

04.10.2011 Tax burden is planned to increase in Brazil
Disappointing news for foreign investors has been brought by the discussion of officials in Brazil concerning taxation in the state.

03.10.2011 Austria and Slovenia: a new stage of relations development
The DTA agreement has been resigned between Austria and Slovenia.

30.09.2011 Europe is increasing the volume of the financial stability fund.
To fight with the prolonged crisis all the European forces are thrown.

29.09.2011 Ireland has strengthened its economy.
Recently economic indicators of Ireland have been noticeably improved.

28.09.2011 Jersey is strengthening its position.
The island of Jersey, as an offshore zone, is a favorable area for investment because of obvious tax advantages offering.

27.09.2011 Greece has introduced a new tax.
As it is known Greece today is in the group of countries most affected by the crisis.

26.09.2011 Recently Swiss deputies have discussed the issue of tax "attractiveness" of the Confederation.
A few days ago the Swiss officials discussed the need to preserve the tax attractiveness of the country.

23.09.2011 The process of assets transfer from European banks continues to take place.
In recent months there has been a tendency of assets withdrawal from European banks.

22.09.2011 There are many alternatives in Russia but all of them come to the one...
Today there are heated debates concerning tax policy of the Russian Federation in state bodies, in the Ministry of Finance in particular.

The senate of the USA decided not to raise a tax for rich men
Senators didn't support Barack Obama's initiative on raising a tax rate for the rich Americans, also known as "Buffett's rule".

The US Securities and Exchange Commission enhance cooperation with EC and Cayman islands
The representative of the Securities and Exchange Commission announced that it has established two Memorandums of understanding with the Cayman Islands Monetary Authority (CIMA) and the European Securities and Markets Authority (ESMA) as part of long-term strategy to improve the oversight of regulated entities that operate across national borders.


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