Category: Macedonia

PM Gruevski meets with Israeli PM Netanyahu in Jerusalem

Macedonia’s Prime Minister Nikola Gruevski and his Israeli counterpart Benjamin Netanyahu signed Wednesday in Jerusalem a declaration of friendship, as well as agreements on avoiding double taxation and protection of investments. The Prime Ministers affirmed the excellent relations between the two countries, based on mutual friendship and understanding, Gruevski’s Cabinet… – Continue reading


Global taxpayers can expect to pay more tax in the years ahead. Many governments worldwide continue to update their tax legislation and expand their tax systems to repay debt and pay for increased social welfare, even as the memory of the last global financial crisis lingers. These are the conclusions… – Continue reading

Australia out of step with global corporate tax rate trends

Australia’s corporate tax rate is higher than the global average, according to KPMG’s 2015 global tax rate survey, SmartCompany reports. While Australia’s corporate tax rate currently sits at 30 per cent, the global average sits at 23.68 per cent. The United States has the highest corporate tax rate at 40… – Continue reading

Expo 2020 will bring world to Dubai to learn and share ideas: Mohammed

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, today received at Zabeel Palace, Nikola Gruevski, Prime Minister of Macedonia, and his accompanying delegation. At the beginning of the meeting, which was attended by Sheikh Maktoum bin Mohammed bin Rashid… – Continue reading

WB to assist Azerbaijan in combating money laundering

The Financial Monitoring Service of Azerbaijan’s Central Bank will send the National Action Plan on the elimination of risks in the fight against money laundering and terrorism financing to the World Bank in September 2015. The National Plan was discussed by WB’s experts during a seminar held in Baku between… – Continue reading

Tory chairman refuses to name Macedonian business partners

2008 hotel venture links Lord Feldman’s company with Balkan vehicle registered in offshore tax haven, with campaigners calling party chair’s secrecy ‘hypocritical’ The chairman of the Conservative party is facing questions about his former business partners in a controversial joint-venture hotel deal in crisis-stricken Macedonia. Lord Feldman, a university friend… – Continue reading

Those Gruelling U.S. Tax Rates: A Global Perspective

The Tax Foundation released its inaugural “International Tax Competitiveness Index” (ITCI) on September 15th, 2014. The United States was ranked an abysmal 32nd out of the 34 OECD member countries for the year 2014. (See accompanying Table 1.) The European welfare states such as Norway, Sweden and Denmark, with their… – Continue reading

Bulgaria court distrains BGN 1.5 mln property of ex-MP Hristo Biserov

Sofia. At the request of the Commission for Establishing Property Acquired from Criminal Activity Sofia City Court levied distraint on property of former MP Htristo Biserov and his step-son Ivaylo Glavinkov, worth BGN 1,555,883, the press office of the commission announced, as cited by the Bulgarian National Radio (BNR). The… – Continue reading