Friday, March 6, 2009

News



Israel to Implement Income Tax Reforms, Vows Netanyahu,by Lorys Charalambous, Tax-News.com, Cyprus Last updated 8 hours ago Friday, March 06, 2009 Benjamin Netanyahu, Israeli Prime Minister-designate, has vowed to cut income taxes for low- and middle-income earners and reduce the corporate income tax on small businesses this year, contrary to recent reports suggesting reforms would be delayed.


Canada Grants Agricultural Tax Concessions, by Mike Godfrey, Tax-News.com, Washington Last updated 5 hours ago Friday, March 06, 2009 Canadian Finance Minister Jim Flaherty today tabled a proposal in the House of Commons for tax amendments to help farmers who have had to deplete their breeding herds of grazing livestock as a result of flood or excessive moisture.


Czech Government Approves Tax Amendments, by Lorys Charalambous, Tax-News.com, Cyprus Last updated 8 hours ago Friday, March 06, 2009 Reduced social insurance rates and shortened accelerated depreciation periods were approved by the Czech government on March 2; the two measures are expected to mitigate the effects of the financial crisis and boost employment.

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