EU: AGREEMENT OVER TAX EVASION SYSTEM
Article Abstract:
A European Union (EU)-wide system to prevent tax evasion was agreed on 20 June 2000 following two years of intense talks. The deal was struck after Austria shelved its opposition to the plan in exchange for the shelving of political seclusion over the far-right faction of its ruling coalition. The agreement will aim to stop savers from using the EU's various tax systems to place cash overseas and dodge taxes. It is hoped that the savings tax directive will be imposed from 2003, pending unanimous agreement among EU members.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: CHELSEA SUSPENDS SAVINGS ACCOUNTS
Article Abstract:
Chelsea Building Society's Classic and Instant Option savings accounts were closed to new investors on 13 December 1999 in a crack down on carpetbaggers. The eighth-largest UK-based building society, which is committee to maintaining its mutual status, is looking to stop people capitalising on potential windfalls.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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- Abstracts: UK: BANKING OMBUDSMAN RULES ON TESSA ACCOUNTS. EU: POSSIBLE AGREEMENT OVER SAVINGS TAX PLAN. UK: RANGE OF ISAS OFFERED ONLINE IS LIMITED
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- Abstracts: EUROPE/US: COMPETITION CONCERNS OVER B2B EXCHANGES. UK: GOVERNMENT CLIMBDOWN OVER E-MAIL? UK: PLEA TO ABOLISH NI CHARGES ON OPTIONS
- Abstracts: UK: GOVERNMENT DECIDES AGAINST PAYCOM. UK: OUTLINE OF BANKING INQUIRY TO BE REVEALED
- Abstracts: UK: FEAR OVER STOCK EXCHANGE MERGER. UK: BUYOUT OF ALTERNATIVE INVESTMENT MARKET PLANNED. UK: HENDERSON AMENDS FEE POLICY