To
receive our free monthly network newsletter enter your
email address below:
ADVERTISE!
Our sites have more than 200,000 highly targeted visitors
every month. With cost-effective marketing solutions to suit
any budget, we feel confident that we can deliver the results
you need.
>
Information provided on this site is for general guidance only and
is often simplified. Actual IRS procedures are complex, and taxpayers
should obtain professional assistance or use IRS sources for complete
information.
US Confirms TPP Not Aimed Against China,
by Leroy Baker, Tax-News.com, New York
Monday, January 09, 2012
At the Center for Strategic and International Studies in Washington to launch
a speaker series entitled the "Trans-Pacific Partnership (TPP): Recovery
through Growth in Asia and the Next Generation of Regional Trade Agreements",
the Deputy National Security Adviser Michael Froman explored issues of trade,
as well as the overall role and influence of the United States, in the Asia-Pacific
region.
Firstly, he said that the proposed extension to the TPP, which the countries
negotiating it - Australia, Brunei Darussalam, Chile, Malaysia, New Zealand,
Peru, Singapore, the US and Vietnam - have said will cover "core"
issues traditionally included in trade agreements, such as the elimination of
tariffs and other non-tariff barriers, as well as rules on intellectual property,
labour and the environment, is not directly aimed against the interests of China.
However, the US sees the TPP as central to its renewal interest in the Asia-Pacific
region, and Froman pointed out that, in areas where the US has been critical
of China recently, for example in the role of state-owned enterprises, the TPP
is to establish rigorous trade rules to protect US manufacturing and jobs.
He also confirmed that the target of the US is to have the final text of the
TPP agreement ready by the end of this year, although he foresaw that negotiations
could continue into 2013. He disclosed that the US has no plans to enter into
bilateral trade talks with single Asia-Pacific countries, while the TPP negotiations
continue.
Froman said he did not think that the requests by Japan, Canada and Mexico to join those
negotiations would delay the TPP agreement, as consultations with the three
countries on whether they were willing and able to cover all the issues to be
included in the new TPP could run concurrently with the main talks. He also
expressed the US government’s view that the more countries in the Asia-Pacific
that applied to join the TPP, the better it would be.
One of the web's
largest and most authoritative business and investment information
sources. Alongside topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly
updated intelligence reports cover every important aspect
of 'offshore' and international tax-planning in depth, including
banking secrecy, the EU's savings tax directive, offshore
funds, e-commerce, offshore gaming and transfer pricing. Reports
are available for immediate downloading or as subscription
services with news pages.
Lowtax Network Sites
Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures.
IMPORTANT NOTICE:
THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting
the information contained on this site, but accepts no responsibility
for any financial or other loss or damage that may result from its use.
In particular, users of the site are advised to take appropriate professional
advice before committing themselves to involvement in offshore jurisdictions,
offshore trusts or offshore investments. All materials on this site copyright
The Lowtax Network 1999 - 2012.
All content on this
site has been provided by BSIRN.
USA-TAX-NEWS.COM 
