Tale of two men.
Plaxico Burress and Francis Lewis, two prominent residents of the state of New York, lived three centuries apart. Burress is a New York Giants football player, and he was the star of football's Superbowl XLII, catching the winning touchdown for the Giants against the New England Patriots last year....

RRsat Achieves Record Revenue and Operating Income in Fourth Quarter 2008.
Annual Revenues Reach a Record $79 Million; Backlog Reaches New $185.7 Million Record OMER, Israel, January 29 /PRNewswire-FirstCall/ -- Fourth Quarter 2008 Highlights (compared to fourth quarter 2007) - Revenues increase 34% reaching $22.0 million - Operating income increases 38% to $5.0 million - Adjusted...

Major changes in the tax legislation entering into force on January 01, 2009.
TAX AUDIT (ADMINISTRATION) On January 01, 2009, the provisions which has long been introduced into the Tax Code (hereinafter the "Tax Code") will enter into force prescribing the mandatory extrajudicial procedure for appealing against decisions of tax authorities to subject a taxpayer to tax liability or to...

Onshore Or Offshore: Which Cross - Border Services Are (Not) Subject To The Foreign Contractor Tax?
A particularly troublesome controversy in Vietnam international income taxation relates to the application of the Foreign Contractor Tax ("FCT") to cross border services. Foreign enterprises (i.e. non - residents without a legal presence in Vietnam) may be a supplier of almost any type of service that is useful in...

Value-added Tax ("VAT") Taxpayer Status in the PRC - Legal Requirements and Practical Consequences.
General introduction to the VAT system in the PRC VAT is a turnover tax levied on all units and individuals engaged in the sale of goods, the provision of processing, repair and replacement services (together referred to as "taxable labour services") and the importation of goods to...

The Taxpayers' Charter - Modernising Tax Administration.
Plans for a new Taxpayers' Charter and to modernise tax administration will hopefully make the whole system easier for everyone. On 19 June 2008, HMRC announced a consultation on its proposals for a new Taxpayers' Charter and published two consultation documents on modernising tax administration. These are...

Technical Explanation Clarifies Protocol To Canada-U.S. Tax Treaty, Part One.
On July 10, 2008 the U.S. Treasury Department released the Technical Explanation (the TE) to the September 21, 2007 protocol (the Protocol) to the Canada-U.S. Income Tax Convention (the Treaty) and the Canadian Department of Finance issued a press release indicating its agreement with the TE. Although the TE...

Living Or Thinking About Moving Abroad - There Are Ways To Save Tax On Your Pension.
If you have not been resident in the UK for five years or intend not to be resident for five years, transferring your pension out of the UK can result in large UK tax savings. In certain circumstances you may also have access to 100% of your funds, when...

QROPS - There Are Ways To Save Tax On Your Pension.
If you have not been resident in the UK for five years or intend not to be resident for five years, transferring your pension out of the UK can result in large UK tax savings. In certain circumstances you may also have access to 100% of your funds, when...

U.S. Senate Approves Protocol To Canada-U.S. Tax Treaty.
The United States Senate approved the September 21, 2007 protocol (the Protocol) to the Canada-United States Income Tax Convention (the Treaty) on September 23, 2008. The Protocol will enter into force once the U.S. exchanges instruments of ratification with Canada. Ratification procedures were completed on December 14, 2007. The...