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Renewed threat to tax reforms

By Jim Brunsden

05.11.2009 / 05:10 CET

Luxembourg and Austria threaten to block legislation.

Luxembourg and Austria are threatening to block legislation that would require EU member states to increase their co-operation against tax evasion. The Swedish presidency of the EU wants finance ministers to reach a deal on the proposed law next week (11 November) and the European Commission has accused the two countries of resorting to stalling tactics because they do not want to share more tax information.

The legislation covers information on income derived from salaries as well as from dividends, capital gains and pensions, which would allow tax officials from one member state to travel to other EU countries to pursue their inquiries. It would also prohibit bank secrecy and forbid governments denying another member state co-operation similar to that which it offers any non-EU government.

Luxembourg and Austria argue that the legislation should be agreed at the same time as a reform of the EU’s savings tax directive, which requires member states to share information on citizens’ income.. A proposal to strengthen the law is still under discussion between national governments.

The two governments last month blocked the approval of an anti-fraud agreement with Liechtenstein and the adoption of mandates that would allow the Commission to negotiate similar agreements with Andorra, Monaco, San Marino and Switzerland.

Both Austria and Luxembourg have a partial opt-out from the savings tax directive, but would be required to apply it fully if Liechtenstein, Switzerland, Monaco, San Marino and Andorra exchange tax information with EU governments on request.

Dow +203.82 +2.08% 10,005.96
NASDAQ +49.80 +2.42% 2,105.32
S&P +20.13 +1.92% 1,066.63

https://www.youtube.com/watch?v=qp5hxHPlTq8

AIG Posts 3Q Earnings of $0.68 a Share Vs. $1.98 Est

06.11.2009 14:30 Change in Nonfarm Payrolls Listopad -175K -263K !!!
06.11.2009 14:30 Unemployment Rate Listopad 9,90% 9,80% !!!
06.11.2009 14:30 Change in Manufact. Payrolls Listopad -46K -51K !
06.11.2009 14:30 Average Hourly Earnings MoM Listopad 0,10% 0,10% !
06.11.2009 14:30 Average Hourly Earnings YoY Listopad 2,20% 2,50% !
06.11.2009 14:30 Average Weekly Hours Listopad 33,1 33 !
06.11.2009 16:00 Wholesale Inventories Rujan -1,00% -1,30% !
06.11.2009 21:00 Consumer Credit Rujan -$10.3B -$12.0B !

[i] Moji postovi nisu investicijski savjeti, niti nagovor na kupnju ili prodaju dionica, već osobno mišljenje.[/i]

http://www.poslovni.hr/131367.aspx

http://money.cnn.com/2009/11/06/news/companies/aig/index.htm?source=yahoo_quote

Without the charge, AIG (AIG, Fortune 500) would have earned $1.9 billion in the quarter, or $2.85 per share. Analysts polled by Thomson Reuters, who typically exclude one-time events, forecasted earnings of $1.98 per share.

kolega pobjeda evo AIG zarađuje, ništa od SP666, morat ćete naći drugog nekog [lol]

[i] Moji postovi nisu investicijski savjeti, niti nagovor na kupnju ili prodaju dionica, već osobno mišljenje.[/i]

Dax u skundi na +0,5% pa boom na -0,63%.

Mudro je zborio stari Seneca: "Per ipiz dudatis eneus iri!"

Non-farm payrolls fell by 190,000; Unemployment Rose to 10.2% (story developing)

Mudro je zborio stari Seneca: "Per ipiz dudatis eneus iri!"

Non-farm payrolls fell by 190,000; Unemployment Rose to 10.2% (story developing)

[i] Moji postovi nisu investicijski savjeti, niti nagovor na kupnju ili prodaju dionica, već osobno mišljenje.[/i]

Solidno. Nije najbolje, ali nije ni veliko odstupanje.
Bitno da je po bidu [bye]

Don't be convinced of your super knowledge of the market, the market does what it wants, and you are just along for the ride!

ekipo kojima fjučrsi kasne 10 minuta na yahoo ne udarajte pobogu po asku sada, odletit će dolje [shocked]

[i] Moji postovi nisu investicijski savjeti, niti nagovor na kupnju ili prodaju dionica, već osobno mišljenje.[/i]

Koji je ovo smijeh na ZSE u 14:30.
Ameri objave loša izvješća o zaposlenosti, a CROBEX ode – 0,85% za par minuta.
Vidim da su Hrvati jako zabrinuti za nezaposlene amerikance. To što je Hrvata ipak nešto više i sve više nezaposlenih nikoga previše ne sekira ! [rolleyes]

halfte trinken, halfte Šarcu geben

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