HomePage Contact Us About Us Advertise with us
Custom Search

U.S. Tax News 2009












U.S. Luxembourg Tax Information Treaty


June 2009
The U.S. and Luxembourg signed on May 21, 2009 a protocol amending the current income tax treaty between the two countries to allow for more robust tax information exchange.
The treaty which incorporates the OECD tax treaty standard on exchange of information for tax purposes will enable the U.S. to seek information from Luxembourg on federal taxes, and both civil and criminal matters , regarding taxable years beginning on or after 2009.
Source : www.ustreas.gov/press/releases/tg143.htm


U.S. Gibraltar Exchange of Tax Information Agreement


April 2009
The U.S. and Gibraltar signed on March 31, 2009 an agreement allowing for exchange of tax information between the two countries.
The Tax Informatio Exchange Agreement, TIEA , was signed in London ahead of G20 Leaders Summit.
The TIEA agreement provides the U.S. access to information needed to enforce U.S. tax laws, including information related to bank accounts in Gibraltar.
The new agreement is in line with president Obama's 2010 budget calling for commitment to reduce international tax avoidance.
You can find more detailed info in www.ustreas.gov/press/releases/tg77/htm.


90% Tax on AIG Bonuses


March 2009
The House passed a bill on March 19, 2009 imposing 90% tax on big bonuses paid to AIG senior employees.
The tax would be imposed on employees having a family income above $250,000.
The bill relates to companies receiving at least $ 5 billion in government bailout money, including Fannie Mae, Freddie Mac and others.


Tax Credit for First Time House Buyers


March 2009
From 1.1.2009 a tax credit of up to $ 8,000 is granted to first time house buyers.
The credit does not have to be repaid.
Article by NHAB, National Association of House Builders.


U.S. France Protocol to Income Tax Treaty


January 2009
The U.S. and France signed on January 13, 2009 a protocol updating the current 1994 income tax treaty between the two countries.
The protocol has some significant changes to the current treaty, including, under certain terms, exemption from tax withholding of dividend and cross border royalty payments.
The protocol also rpovides for mandatory arbitration for cases not resolved by the two authorities within a specific period.
It also deals with preventing "treaty shopping", in case of inappropriate use of a tax treaty by third country residents.
For more details please see www.treas.gov.



US Tax News - History





C and S Type Corporations in U.S. | U.S. Sales Tax | U.S. Tax News | U.S. Business News
U.S. Taxes | U.S. Company formation and Registration | US Hot Tax Tips | St. Louis Accountants
U.S. Streamline Filing Procedure







World Tax updates and news | Albania Tax updates and news | Argentina Tax updates and news | Armenia Tax updates and news | Australia Tax updates and news | Austria Tax updates and news | Azerbaijan Tax updates and news | Bahamas Tax updates and news | Bahrain Tax updates and news | Barbados Tax updates and news | Belarus Tax updates and news | Belgium Tax updates and news | Bermuda Tax updates and news | Brazil Tax updates and news | Bulgaria Tax updates and news | Canada Tax updates and news | Chile Tax updates and news | China Tax updates and news | Colombia Tax updates and news | Croatia Tax updates and news | Cyprus Tax updates and news | Czech Republic Tax updates and news | Denmark Tax updates and news | Egypt Tax updates and news | Estonia Tax updates and news | Ethiopia Tax updates and news | EU Tax updates and news | Finland Tax updates and news | France Tax updates and news | Georgia Tax updates and news | Germany Tax updates and news | Gibraltar Tax updates and news | Greece Tax updates and news | Guernsey Tax updates and news | Hong Kong Tax updates and news | Hungary Tax updates and news | Iceland Tax updates and news | India Tax updates and news | Indonesia Tax updates and news | Ireland Tax updates and news | Isle of Man Tax updates and news | Israel Tax updates and news | Italy Tax updates and news | Jamaica Tax updates and news | Japan Tax updates and news | Jersey Tax updates and news | Kazakhstan Tax updates and news | Kuwait Tax updates and news | Latvia Tax updates and news | Lithuania Tax updates and news | Luxembourg Tax updates and news | Malaysia Tax updates and news | Malta Tax updates and news | Mexico Tax updates and news | Moldova Tax updates and news | Montenegro Tax updates and news | Morocco Tax updates and news | Netherlands Tax updates and news | New Zealand Tax updates and news | Nigeria Tax updates and news | Norway Tax updates and news | Oman Tax updates and news | Panama Tax updates and news | Peru Tax updates and news | Poland Tax updates and news | Portugal Tax updates and news | Qatar Tax updates and news | Romania Tax updates and news | Russia Tax updates and news | Saudi Arabia Tax updates and news | Serbia Tax updates and news | Slovakia Tax updates and news | Slovenia Tax updates and news | South Africa Tax updates and news | South Korea Tax updates and news | Spain Tax updates and news | Singapore Tax updates and news | Sweden Tax updates and news | St. Lucia Tax updates and news | Switzerland Tax updates and news | Taiwan Tax updates and news | Tajikistan Tax updates and news | Thailand Tax updates and news | Tunisia Tax updates and news | Turkey Tax updates and news | UAE Tax updates and news | U.K. Tax updates and news | Ukraine Tax updates and news | U.S. Tax updates and news | Uzbekistan Tax updates and news | Vietnam Tax updates and news



Go Back

© All copyrights reserved

Homepage | Security Policy | Terms of Service