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US Stimulus Plan To Include USD300bn In Tax Cuts, by Mike Godfrey, Tax-News.com, Washington06/01/2009
It is understood that tax cuts worth more than USD300bn, targeted towards both individual and business taxpayers, will make up just under half of President-elect Barack Obama's economic recovery plan, which is currently being worked on by senior Congressional Democrats.
[ FULL
STORY ]
Small Firms Hit Hardest By UK Corporation Tax Changes, by Robert Lee, Tax-News.com, London06/01/2009
Half-a-million of Britain’s smallest companies will have paid GBP2.4bn more in tax between 2006 and the end of the next tax year as a result of the government's changes to small companies tax, according to the opposition Conservative party.
[ FULL
STORY ]
German Chancellor Concedes On Tax Reform Debate, by Ulrika Lomas, Tax-News.com, Brussels06/01/2009
German Chancellor Angela Merkel hinted within her New Year address on December
31, that she would consider including tax cuts within her proposals for the forthcoming
multi-billion euro stimulus package, expected later this month.
[ FULL
STORY ]
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