On Europe’s Thanksgiving Menu: Stiffing Greece
The lull is over. After enjoying a long period of relative calm, the eurozone is heading into new turbulence this week as EU leaders meet in Brussels for a scheduled two-day summit. While Americans take the day off to eat their Thanksgiving turkeys, EU leaders are expected to engage in some less-than-convivial sparring over two highly sensitive issues, and the outcome could be a new period of financial instability for the euro. The summit is officially supposed to finalize the EU’s one trillion euro annual budget from 2014 to 2020, but risks ending in acrimony between Britain and its 26 partners over the amount of spending. The British government has signaled that it wants to see significant cuts in the central EU budget at a time when national governments everywhere are reducing their spending – but it’s running up against strong opposition from France and others, who want to maintain the status quo. (MORE: A Deeply Divided European Union Faces Its Own Budgetary Cliff) Even before ...
Canada: Tax Memo: August 14, 2012 - Legislative Proposals: Important International Tax Changes - PwC Management Services LP
On August 14, 2012, the Department of Finance released for consultation draft legislative proposals implementing measures included in the March 29, 2012 federal budget.
Found more than 1 month ago on channel Mondaq