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The Canadian Government has tabled a detailed Notice of Ways and Means Motion to implement tax provisions contained in its 2014 Budget, along with a number of previously unannounced measures.
Tax-News.com delivers news headlines and features on international tax, law, politics, economics and trade.
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A paper by the Tax Foundation (TF) has shown that wireless consumers in the United States continue to face excessive tax burdens, when compared to the tax burden on other goods and services. 
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In his Tax Policy Center blog, Howard Gleckman pointed out that research by his colleague Joe Rosenberg has shown how difficult it would be to effect United States "corporate-only" tax reform that ignores the pass-through businesses subject to the individual tax code. 
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The United States gambling industry paid USD38bn in federal, state and local taxes in 2013, according to a report produced by Oxford Economics on behalf of the American Gaming Association (AGA).
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The Council On State Taxation (COST) and the International Property Tax Institute (IPTI) have issued a survey that rates international property tax administration systems, including those in United States states, for fairness and efficiency.
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At its meeting on September 19, Italy's Cabinet re-examined the draft law decree which will mean, from 2015, that individual income tax returns will be pre-compiled for 30m Italian employees and pensioners. 
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After the release of statistics from the Congressional Budget Office (CBO) showing a fall in the US budget deficit in the fiscal year 2014, the Committee for a Responsible Federal Budget (CRFB) cautioned that, despite the positive news, the US "remains on an unsustainable fiscal path."
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Both the Securities Industry and Financial Markets Association (SIFMA) and Mindtree, a global technology services company, have pointed out the immense global compliance costs and issues posed by the Foreign Account Tax Compliance Act (FATCA) to the financial services industry. 
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Another United States District Court – this time in Oklahoma – has decided that the rule issued by the Internal Revenue Service to implement the premium tax credit in the Affordable Care Act in both state and federal health insurance exchanges is null and void.
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The Heritage Foundation (HF) has confirmed the increased jobs and growth that would arise by cancelling the United States estate tax, more commonly known as the "death tax." 
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In their reaction to his proposed regulations to limit corporate inversions, both the Business Roundtable and the United States Chamber of Commerce (USCC) suggested that Treasury Secretary Jack Lew had made matters worse by issuing his proposed regulations, and looked instead for immediate comprehensive tax reform.
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While there has been little new public comment from leading lawmakers in Congress regarding the first set of recommendations issued recently by the Organization for Economic Cooperation and Development (OECD) on its base erosion and profit shifting (BEPS) initiative, the Business Roundtable (BR) has expressed its concern at the "disproportionate adverse impact" the initiative could have on United States multinationals. 
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Your daily worldwide tax news service - continuously updated through the day.
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Tax-News.com carries headlines on tax, e-commercelegal issues, political developments, economic issues and offshore news for over 250 offshore jurisdcitions or tax havens.
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