One of the world’s largest telecommunication companies has continued its dispute with tax authorities in India.
The think tank Z/Yen, based in the City of London, has published first Global Financial Centres Index for year 2012.
The rules for acquiring residential property in UK are such that a buyer of a house or an apartment valued over 1mln. pounds must pay a stamp duty of 5%. But quite a few buyers managed to avoid it.
About a week ago Russian Duma (the lower house of Parliament) has approved the double taxation agreement with Cyprus.
As Facebook IPO is getting close, details about company’s finances and corporate structure are being revealed.
Economic research and consultancy company Bak Basel has released a study called “Financial Centre Zurich 2011”.
The benefits for the investors are exemptions from income and corporate taxes and much more.
In 2011 citizens of foreign countries have spent 4 billion pounds on London real estate. In some of those deals offshore companies were used.
EU Group of Conduct on Business Taxation made its preliminary decision concerning the taxation regimes of Isle of Man and Jersey. Now Guernsey is to be reviewed.
State statistics office of Ukraine has published a study of direct foreign investment to the state during January-September of 2011.