Flight of the French

Article Abstract:

France went the opposite way by abolishing a cap that limited the wealth-tax bill to 85 percent of a taxpayer's income when most members of the European Union dropped the wealth tax in the mid-1990s. The move, together with a cut in its 'exit tax' on departing fortunes resulted in some of France's richest citizens either partially or entirely expatriating their fortunes to Belgium and Switzerland.

France, Taxes, Income tax, Tax policy

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Many healthy returns

Article Abstract:

Paul Drum, senior tax counsel for Certified Public Accountant (CPA), an accounting and finance body reveals that a taxpayer could claim the fees he pays to a tax agent as a deduction. Several tips related to claiming deductions are presented that include a taxpayer could claim $300 worth of work-related deductions without receipts.

Taxpayer compliance

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Buy, buy American pie

Article Abstract:

A report on the Australian-US Free Trade Agreement and its implications for the Australian business sector is presented. The need for Australian exporters to work hard and learn all the different rules and arrangements, which control the gigantic US market, is emphasized.

United States, Foreign trade, International trade, Commercial treaties, Trade agreements, Free trade

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