Los impuestos en el mundo. Actualización al 12-Dic-2011

Canada IRS To Ease FBAR Rules For Americans In Canada It has been disclosed by the American Embassy in Ottawa that the United States Internal Revenue Service will shortly announce an easing of its foreign account reporting rules for US citizens living in Canada. China Guernsey Builds Stronger Financial Services Ties With China Guernsey's financial services regulator, the Guernsey Financial Services Commission has signed a landmark cooperation agreement with the Chinese regulator responsible for the banking sector, as part of Guernsey government efforts to forge greater financial services synergies between the two territories. Chan Defends Tax Rules For HK Frontier Workers A week after he had confirmed that a change in tax rules for cross-border workers between Hong Kong and Mainland China was not currently under consideration, Hong Kong’s Secretary for Financial Services and the Treasury, Professor K C Chan, has had to reiterate to the Legislative Council that the decision would not be changed. China Issues Its First Foreign Trade White Paper The first white paper on China’s foreign trade has been issued by the government, pointing out that, since its accession to the World Trade Organization in 2001, China has opened up its markets significantly, and has established many free trade agreements in the Asian region. Japan Japan, Jersey Sign TIEA The tax information exchange agreement between Japan and Jersey was signed on December 2, 2011, in London by Keiichi Hayashi, the Ambassador of Japan to the United Kingdom, and Ian Gorst (pictured), Jersey’s Chief Minister. UK Accounting Failures 'Exacerbated Banking Crisis' A new report, assessing the causes of the global financial crisis, claims that shortcomings in the accounting standards issued by the International Accounting Standards Board were a contributing factor to the instability experienced in the UK and Irish banking sectors, and subsequent taxpayer-funded bailouts. UK To Launch Another Tax Amensty Following on from compliance campaigns targetting certain 'high risk' professions and trades, the UK tax authority, HM Revenue and Customs, has announced another partial tax amenesty, this time focussing on unpaid tax owed by electricians. CFCs To Benefit From New UK Tax Regime A major overhaul of the UK's controlled foreign company rules has been welcomed by tax experts, who conclude that the proposed new regime will go a long way towards changing the negative perceptions of the UK's corporate tax regime among multinational businesses. UK Delays Residency Test The Finance Bill offers a mixed bag to the UK's non-domiciled individuals, imposing on them a higher annual charge but delaying the introduction of a planned residence test for a year. HMRC Warns UK Businesses Of Upcoming VAT Filing Changes With e-filing and payment set to become mandatory for the UK's value-added tax registered businesses, HM Revenue and Customs has issued an alert detailing how the changes will work. US US Puts Green Issues Within TPP Negotiations In a prepared statement, the Deputy United States Trade Representative, Demetrios Marantis, has introduced a ‘green paper’ on how environmental initiatives are being forwarded within the Trans-Pacific Partnership negotiations. Democrats Propose Compomise For US Payroll Tax Cuts The United States Senate is due to vote in the next few days on a modified proposal from Democrats for extending the payroll tax cuts that will otherwise expire at the end of the year, despite the fact that it has already been rejected by Republicans because it retains a reduced version of the ‘surtax on millionaires’. IRS Clarifies FBAR For US Citizens Abroad Following the recent disclosure by the American Embassy in Ottawa that an easing of reporting rules would shortly be announced for United States citizens living in Canada, the Internal Revenue Service has issued a fact sheet summarizing information about federal income tax returns and Foreign Bank Account Report filing requirements, and the potential penalties.