Recommendation 8 concerning greater and more efficient use of exchanges of information proposes that countries should undertake programmes to intensify exchange of relevant information concerning transactions in tax havens and preferential tax regimes constituting harmful tax competition.

Tax legislation contains several provisions which might be regarded as concerning Family Benefits, i.e. Child Benefit, Child Benefit Supplement and Interest Rebate.

Many tax administrations also receive certain types of information from banks (e.g., amount of interest payments) on an automatic basis, which greatly facilitates domestic tax administration and potentially expands the types of information that may be exchanged with treaty partners on an automatic basis Tax administrations and taxpayers can benefit from automatic reporting of information by financial institutions.

As a result of the work done, no significant matter came to our attention.

Interest income and dividends are recorded on an accrual basis and foreign taxes withheld are recorded as receivables.

Property taxes, excise taxes, import duties, and sales taxes all of which are paid, directly or indirectly, by corporations can have a magnified impact on corporate profits, and hence on the stock market. It is no coincidence that wherever stock markets thrive, governments take care that these taxes stop well short of destroying after tax corporate profits.

Miscellaneous income interest income

China, for example, has implemented a number of incentive policies in support of energy conservation projects, including interest payment rebates, differential interest rates, revoking of import taxes, reduction of income tax of enterprises and accelerated depreciation.

China, for example, has implemented a number of incentive policies in support of energy conservation projects, including interest payments rebates, differential interest rates, revoking of import taxes, reduction of income tax of enterprises and accelerated depreciation.

As instructed, we have reviewed the procedures for the authorization of expenditures as outlined in the Financial Regulations of the United Nations and have tested on a sample basis if these procedures have been strictly followed by the Tribunal in all material respects.

The host Government may grant some form of tax and customs exemption, reduction or benefit to the project company (e.g. to facilitate the import of equipment for the use of the project company by means of exemption of customs duties), or may establish some preferential tax treatment.

When determining the amount of Interest Rebate, marital status, the amount of interest paid by the taxpayer in question and his ownership of property are taken into account.

Not having access to the relevant business information can be as serious an obstacle as tariff and non tariff barriers.

Elements of a decision

(millions of United States dollars)

b includes interest and miscellaneous income

The Minister of the Interior shall define by an order the form, cases, conditions and modalities for issuing travel documents to certain categories of foreigners and refugees, as well as the amount of the taxes to be paid, providing that these do not exceed three Egyptian pounds or 27 Syrian pounds, as well as cases that are exempt from full or partial payment of such taxes.

In cases where a taxpayer discovers overpayment of duties, it may, within one year starting from the day of duty payment, request the customs in writing to return the overpaid duty together with interests accruing on the same amount of current deposits in banks.

When a Government wants information for domestic compliance and tax administration purposes, it can require local payors of income to report such income automatically through the use of taxpayer identification numbers (TIN) and the tax authorities can match such automatically reported income by computer with the information on the taxpayer's tax return filed with that same TIN.

The only thing they did prove was that he cheated his income tax a little.

The right of the couple to obtain information, instruction and the means required to exercise that right is also emphasized.

The key reason is that several recent reforms announced by German Chancellor Angela Merkel raising the value added tax, increasing user charges for healthcare, and taxing interest payments as a part of so called corporate tax reform promise to reduce German economic growth, perhaps significantly, in 2007.

18. The status of legal person in public law gives rise to certain rights, in particular the right to levy church taxes through the services of the State and the right to tax advantages and exemptions (notably exemption from corporate tax, land tax and inheritance tax) and exemptions from regulations on costs and tariffs.

Previous position include Regional Director, Regional Directorate Director for Information Technology, Directorate of Tax Information Executive Secretary, National Tax Court and head of district, District Tax Office, Jakarta.

Automatic reporting of information by financial institutions can be very useful to tax administrations for the verification of information reported by taxpayers.

Includes interest income and miscellaneous income.

Credits to Member States for interest and miscellaneous income

3. import duties and domestic taxes.

5, 58, 59 and 78) The Committee will continue to work on improvements in automatic reporting and automatic exchange of information in connection with the study of the use of withholding taxes and or exchange of information to enhance the taxation of cross border interest flows (ibid., para. 109 and preface).

ii.The held to maturity investment is sold due to the fact that the relevant tax provisions have canceled the relevant policies on the pre tax credit of interest taxes against the held to maturity investment or have remarkably reduced the pre tax creditable amount

The difference between the income tax paid by him in 2000 and the tax that he would have paid, had he been treated on an equal footing with the privileged group, should be reimbursed to him with statutory interests.

In this system of this taxation there are no reduced rates based on the family situation of the taxpayer.

Improvements in automatic reporting and exchange of information are being examined in the context of the (Fiscal) Committee's study of the use of withholding taxes and or exchange of information to enhance the taxation of cross border interest flows (2000 OECD report, preface and paras.

(vi) Interest income includes all interest and related investment income earned on invested funds, various bank accounts and time deposit

(vii) Interest income includes all interest and related investment income earned on invested funds, various bank accounts and time deposits

OECD has emphasized the benefits to tax administrations of the automatic reporting of information by financial institutions for both (a) domestic tax compliance and tax administration and (b) the automatic exchange of information with tax treaty partners

Interest income is based only on amounts received and accrued from cash and term deposits relating to the financial period.

The OECD Commentary (para. 5) on this change indicates that (T)he standard of foreseeable relevance' is intended to provide for exchange of information in tax matters to the widest possible extent and, at the same time, to clarify that Contracting States are not at liberty to engage in fishing expeditions' or to request information that is unlikely to be relevant to the tax affairs of a given taxpayer .

(It should be noted that the OECD Model TIEA is only an exchange of information agreement it is not a comprehensive model income tax treaty.

Xinhua News Agency, Beijing, October 1 (reported by Liu Hongxia Ma Rui) The electronic commerce retail export enterprises received another benefits in the aspect of tax burden on October 1st, concerning value added tax and consumption tax exemption, etc.

(xiv) Advice on personnel matters, including formation and interpretation of the staff regulations and rules, issues of the rights and obligations of staff members, benefits and allowances, tax reimbursement and pension matters

Provisions on Family Benefits are to be found in Art. 69 of the Income and Property Tax Act, No. 75 of 1981, with subsequent amendments.

In addition, interest and miscellaneous income amounted to 9.7 million.

What is holding back investment (both in the United States and Europe) is lack of demand, not high taxes. Indeed, given that most investment is financed by debt, and that interest payments are tax deductible, the level of corporate taxation has little effect on investment.

The tax reduction on daily consumer goods is closely bound up with people s need of better lives.