Taiwan: Parliament Passes Revised Capital Gains Tax on Stocks
The Government amendment to the Income Tax Act on 26 June 2013, which would drop the plan for an 8,500-point TAIEX threshold that automatically triggers the capital gains tax for individual investors, a move expected to boost the stock market. Under
See MoreFrance-Modification to capital gains tax regime
The President of France announced on 29 April 2013 that the tax regime on capital gains is to be modified. To encourage entrepreneurship the government will simplify the different existing regimes. Since 1 January 2013, occasional capital gains on
See MoreSpain’s Budget for 2013
The Spanish Government approved the Budget for 2013 as law 17/2012 on 28 December 2012. The Law generally applies from 1 January 2013. Key points of the budget are summarized below: Corporate taxation For capital gains the indexation percentage
See MoreFrance May Ease Proposed 75% Income Tax
It was reported on 11 September 2012 that, determined to ensure that the measure does not lead to a massive exodus of top executives, the French government now plans to soften conditions for its 75% tax on top earners, although the final decisions
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