Los impuestos en el mundo. Actualización al 19-May-2014

China China To Improve Export Tax Rebates In a statement on its website on May 15, China's State Council announced a package of enhancements to bolster its flagging foreign trade sector, including improvements to the country's export tax rebate system. South Korea Prioritizes FTA Talks With China, Vietnam At a ministerial meeting on international economic affairs on May 15, Deputy Prime Minister and Minister of Strategy and Finance Hyun Oh-seok discussed the present progress in South Korea's negotiations for free trade agreements with China and Vietnam. EU EU Member States React To EU FTT Declaration Luxembourg's Finance Minister Pierre Gramegna has called on the European Commission to demonstrate that the introduction of a financial transactions tax in 11 European Union member states will not have an extraterritorial impact on non-participating countries. UK UK MPs Question HMRC Bank Account Powers The chairman of the UK Parliament's Treasury Committee has said that plans to grant HM Revenue and Customs the power to recover money directly from taxpayer bank accounts is "very concerning," recalling also that "HMRC does not always ask for the right amount." Think Tank Slams UK Tax System The head of the Institute for Fiscal Studies, Paul Johnson, has attacked the UK taxation system, arguing that there is "no plausible rationale" for the UK's income tax rate structure, that the case for retaining Stamp Duty is "very weak indeed," and that "prospects for a well-designed VAT system look as distant as ever." UK Theater Tax Break Would Need Policing, Says CIOT The Chartered Institute of Taxation has said that it supports a proposal from the UK government to introduce new tax relief for theater productions, but has expressed concerns that the relief may be easily abused. US US Taxpayers Not Sensitive To State Income Tax Rates A report from the Center on Budget and Policy Priorities has found that state personal income tax rates are seldom a key driver for individuals who decide to relocate within the United States. Hong Kong, US Wrapping Up FATCA Agreement Hong Kong and the United States have substantially concluded discussions on an inter-governmental agreement to simplify Hong Kong financial institutions' compliance with the Foreign Account Tax Compliance Act. Swiss Discuss Banking Sector Tax Disputes With The US Swiss Federal Councillor Eveline Widmer-Schlumpf has met for talks in Washington with US Attorney General Eric Holder to discuss the US tax dispute settlement program for category two, three, and four banks, as well as the ongoing US criminal investigations into category one banks domiciled in Switzerland. Congress Moves To Strengthen US Anti-Inversion Rules After continued attention surrounding the bid from Pfizer Inc to acquire AstraZeneca plc, two senior Democrat Senators, Finance Committee Chairman Ron Wyden and Permanent Subcommittee on Investigations Chairman Carl Levin, signaled moves to restrict the use of so-called "corporate inversions" by United States multinationals. Americans Quitting US As FATCA Approaches According to Treasury Department statistics published in the Federal Register, 1001 United States taxpayers gave up their passports or their green cards in the first quarter of 2014, an increase of 47.4 percent over the 679 individuals that did so in the first quarter of last year. Study Moves To Curb US State Corporate Tax Incentives A recent memorandum published by the Council on Foreign Relations examines the substantial tax breaks and subsidies offered each year by United States state and local governments to attract business investment, and lays out incremental steps for curbing this "subsidy war." US Businesses Urge Two-Year Renewal Of Tax Extenders Having already welcomed the passage by the United States House of Representatives of a permanent research and development tax credit, the Business Roundtable has now forwarded a letter to the Senate also urging support for a two-year "tax extenders" bill, which has already been marked up by the Senate's Finance Committee.