| The maritime satellite integrator & service provider will help to bring the power of bonded multi-dimensional network technology to a wider ship-owning audience in the Mediterranean market. |
| 25 February 2025 – Inmarsat Maritime, a Viasat company, has appointed Pulsar International as the first reseller partner for NexusWave in the Mediterranean market. The agreement will also enable Pulsar to act as a local installation partner in the region. Pulsar will be offering its customers... |
An effort to shift how freight is valued for tax purposes as it travels through multiple states appears to be dead.
The Multistate Tax Commission (MTC) rejected an effort at its mid-July meeting to continue the work of a committee that would study greater adoption of the “pick up and deliver” rule. That would be a shift from the existing “mileage rule.”
Under pick up and deliver, the allocation to states of tax payments generated by movement of freight would be based on where freight is picked up...
A battle over the complex issue of how states tax the value of freight movements and deliveries may soon reach a climax, with significant resistance to change coming from the trucking sector.
On one side of the argument is a push by some states, notably California, to move away from what is known as a “mileage approach” and instead to a “pickups and deliveries approach.” The latter is also known as a destination-based system.
The dispute is completely about trucking; it is not part of a wider tax...
https://www.freightwaves.com/news/debate-on-valuing-freight-for-state-income-tax-purposes-heats-up
La Grande-Motte, France (19 April 2022) – The largest multihull show in the world will host Torqeedo’s latest lineup of marine electric and hybrid propulsion systems and a variety of electric and hybrid craft, including the Excess 15 with Deep Blue Hybrid, from 20 – 24 April in La Grande-Motte, France. The new range of electromobility products includes a full-line upgrade of Torqeedo’s market-leading Cruise motors and a powerful new Deep Blue 50 kW saildrive with...
Commenting on the recent HMRC announcement that it would be communicating with all companies involved in international trade on the most significant changes in the processing of customs declarations in 30 years, Robert Keen, director general of the British International Freight Association (BIFA) said:
“For several years, BIFA has been highlighting the issues surrounding the impending change from CHIEF, the current system used to process customs declarations...
BDO -Spring Statement 2022: our predictions
Will 23 March be a day for big tax announcements?
| READ OUR PREDICTIONS |
| The Spring Statement raises many questions about the Chancellor’s post-COVID plans and options: will tax plans be dictated by events and an attempt to address the ‘cost-of-living crisis’? To read our predictions, visit our Budget Hub. |
Jon has many years of experience dealing with both OMB’s and large international businesses. He advises management...
https://allaboutshipping.co.uk/2022/03/06/bdo-spring-statement-2022-our-predictions/
Key announcement: latest tax proposals
| Tax administration and maintenance day What was announced? |
Not all tax announcements are made in the Budget. The government now publishes many longer term and administrative proposals several weeks later and on 30 November 2021 it released a large batch of documents on changes to the UK tax system.
While many of the documents and proposals are at an early stage, if you are interested in how much tax you pay, when you have to pay it and how much...
https://allaboutshipping.co.uk/2021/12/05/key-announcement-latest-tax-proposals/
GLOBAL & REGIONAL DAILY (Friday December 3 2021)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
December 3 2021
Global Markets
The UST yield curve continued to flatten, after a chorus of Fed speakers y-day reiterated Chair Jerome Powell’s hawkish message that the Fed might need to consider speeding up the pace of tapering. Market focus today is on the US non-farm payrolls report for November.
Greece
According to the European Commission data on VAT evasion, revenue loss for Greece...
https://allaboutshipping.co.uk/2021/12/03/global-regional-daily-friday-december-3-2021/
Squeeze ’em till the pips squeak
Note from Caroline:
‘Squeeze ’em till the pips squeak’
Rishi Sunak last week gave his autumn budget statement which introduced higher state spending on top of the highest hike in taxation seen since the 1950’s.
The Chancellor had made ‘historic tax increases’ this year, upping then by £40 billion, with the pledge to plough billions more into the NHS to tackle social care crisis and boost spending for other Whitehall departments
Chris Grayling former cabinet minister...
https://allaboutshipping.co.uk/2021/11/02/squeeze-em-till-the-pips-squeak/
RMT criticising the Chancellor for failing British seafarers in Budget
SEAFARER Union RMT today criticised the Chancellor’s proposals for Tonnage Tax reform announced in the Budget which made no reference at all to jobs or training for UK Ratings:
RMT General Secretary Mick Lynch said:
“Tonnage Tax was already a bad deal for British Ratings but the Brexit vote gives the government the chance to amend state aid schemes like Tonnage Tax to directly benefit Ratings and maritime communities,...