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Current Feed Content from 1 Nov 08 09:42

• Personal Income Taxes Fall As Governments Compete For Talent

  Fri, 31 Oct 2008 04:12:44 GMT
  Top personal income tax rates around the world have fallen by an average of 2.5% in the past six years, as governments strive to balance their need for revenue with the impact of increasing global labor mobility, a new study from KPMG International has found.

• US Treasury And IRS Issue Guidance On Fannie And Freddie Stock Ownership

  Fri, 31 Oct 2008 04:12:44 GMT
  The US Treasury Department and the Internal Revenue Service have issued a revenue procedure which provides that certain gains and losses from indirect ownership of Fannie Mae and Freddie Mac preferred stock can be treated as ordinary income and loss.

• BVI Signs Tax Agreements With UK

  Fri, 31 Oct 2008 04:12:44 GMT
  The British Virgin Islands has signed a Tax and Information Exchange Agreement and a double taxation avoidance agreement with the United Kingdom, just days after it sealed a similar arrangement with the government of Australia.

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