Propensity to increase tax revenue: Philippines parliament

27 July, 2011

Instead of enacting new laws, the Speaker of the Philippines House of Representatives, Feliciano Belmonte, urged to prioritize measures that would plug loopholes in the country’s tax system and rationalize the tax incentives law. Bills that would

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Australia:Proposal to reduce tax savings

13 July, 2011

Australian government has published a discussion paper on the proposal to reduce the taxation on the interest income on savings by 50%, as proposed in the 2010-11 Budget. It is expressed that the introduction of the discount will benefit more than

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Canada promotes fire-fighter tax credit

11 July, 2011

Canada’s Ministry for National Revenue has highlighted a new tax credit targeting volunteer fire-fighters. This is a part of their ongoing promotion of the government’s Budget measures. Speaking at a fire station Canada’s Minister for National

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