Russia needs to address the problem of illicit capital outflow and tax evasion, and more effort needs to be put into supporting economic growth in the Far East, according to the President Vladimir Putin.
FATCA, which comes into force on July 1, 2014, will collect information on accounts held by U.S. taxpayers in all the countries.
HMRC’s tax take from investigations into highly paid foreign City workers living in the UK has jumped to record levels, according to data obtained by Pinsent Masons, the international law firm.
Algirdas Semeta, commissioner responsible for taxation and customs union, described the taxation governance reforming of this year as "immense progress."
Between ObamaCare, Iran and last quarter's uptick in U.S. economic growth, taxpayers these days may be distracted from several dangers to come