Friday , October 20, 2017 |   19:47:21 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Instant Updates Newsletters
 
NEWS FLASH
 
TP - Functionally different companies cannot be compared, in absence of segmental results for comparing profit ratio from product and services: ITAT (See 'Breaking News') TP - Appeal which is filed by completely misconstruing the facts, is not maintenable: ITAT (See 'Breaking News' TP - Resale price method is most appropriate, where Assessee buys goods from AE and resells to network of distributors through Franchisees, without any value addition: ITAT (See 'Breaking News') I-T - Overseas payments made for purchasing software licenses, are liable for TDS deduction, failure of which will attract interest u/s 201: ITAT (See 'Breaking News') TP - No writ interference is warranted on issue of selection of comparables, when ITAT being last fact finding authority has given cogent reasons for same: HC (See 'Breaking News') TIOL wishes All Netizens a very Happy Diwali TP - When benefit of capital adjustment is given to Assessee, then same should also be taken into account while determining profit margin in case of comparables: ITAT (See 'Breaking News) I-T - Expenses incurred in foreign currency towards rendering technical services outside India, had to be excluded from both export turnover as well as total turnover: ITAT (See 'Breaking News') I-T - Failure of amalgamated company to challenge passing of order in name of merged company by way of raising specific ground, cannot be attributed on part of Authority: ITAT (See 'Breaking News') Over 100 preferential tax regimes dismantled across world: OECD (See 'TII Brief') Impact of Brexit - UK needs to keep close ties with EU for sustaining future living standards: OECD (See 'TII Brief') DTAA - Commission paid to UK based entity cannot be taxed as 'business profits' as per India UK DTAA, in absence of any PE of such entity in India: ITAT (See 'Breaking News') TP - Advancing of loans to AE can be treated as international transaction, if there is no element of profit and Assessee had transferred funds with intention to make investment: ITAT (See 'Breaking News') I-T - Difference between declared gross receipts and credit as per TDS certificate, does not warrant levy of penalty, when Assessee had offered differential income on receipt basis: ITAT (See 'Breaking News') I-T - When foreign honorarium was disclosed by Assessee and due taxes were paid after it was pointed that such remittance in USD was taxable, it is no fit case for levy of penalty: ITAT (See 'Breaking News') TP - If issues pertaining to FAR analysis were remanded for fresh determination of ALP, then additional ground pertaining to comparability analysis cannot be decided seperately: HC (See 'Breaking News') Risk Management and Inter-Bank Dealings - Facilities for Hedging Trade Exposures invoiced in Indian Rupees (See 'RBI Circular' in FDI)
 
TII SEARCH
 
 
   
Home >> News Brief
 

OECD/EU makes available database on affordable housing
By TII News Service
Feb 09, 2017 , Paris

    
THE OECD, together with the European Union, has launched a database that analyses and compares the state of affordable housing across OECD and European Union countries.

The Affordable Housing Database (http://www.oecd.org/social/affordable-housing-database.htm) includes 24 indicators covering three main issues: housing market context, housing conditions, and public policies towards affordable housing. Indicators include among others: tax relief for home owners, housing allowances, public spending on support to social rental housing, homeless population estimates and housing costs over income.

It reveals the challenges countries face in providing affordable housing, which play a major role in reducing poverty and enhancing equality of opportunity, social inclusion and mobility. Housing costs constitute the single highest expenditure item out of household budget, and represent a major financial burden for low-income households in many countries. On average, nearly 15% of tenants and 10% of mortgage payers spend over 40% of their disposable income on housing costs in OECD countries (read the working paper here ). The share is much higher for low-earners: around 40% of low-income households spend over 40% of their income, both for mortgage-payers and private sector tenants. In Croatia, Chile, Greece, Portugal, Spain, the United Kingdom and the United States more than half of households in the bottom quintile of the income distribution spend more than 40% of their disposable income on rent.

A lack of sufficient living space is also a concern, with negative effects of overcrowded dwellings on health and on child outcomes. In nearly all countries, the overcrowding rate increases as household income decreases. In Hungary, Mexico, Poland and Romania overcrowding rates amongst households in the bottom quintile are highest at more than 40% of households. By contrast, less than one in ten low-income households lives in overcrowded dwellings in English-speaking countries, Belgium, Estonia, Malta, Cyprus, Korea, Japan, the Netherlands, Portugal, Spain and Switzerland.

In terms of the policies in place to make housing affordable, housing allowances are one of the most widely used instruments. At 1.4% of GDP, public spending on housing allowances is by far the highest in the United Kingdom, followed by France and Finland. Public spending on housing allowances is close to 0.5% of GDP in Denmark, Germany, the Netherlands, New Zealand and Sweden, and between 0.1 and 0.3% of GDP in Australia, Austria, Bulgaria, Croatia, Czech Republic, Ireland, Japan and the United States.

 
 
gmail login
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAAs
  • TIEAs
  • Circulars (I-T Act, 1922)
  • Circulars
  • Instructions
  • DRP Panel
  • Administrative Orders
  • Notifications
  • I-T Act, 1961
  • Relevant Portion of I-T Rules,1962
  • Relevant Portion of I-T Act,1922
  • GAAR
  • Equalisation Levy
  • Draft Guidelines
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • DTC Bill
  • UN Model
  • Miscellaneous
  • Guidance Notes - AEOI
  • OECD Conventions
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • Circulars
  • Instructions
  • Notifications
  • Relevant Sections of Act
  • TP Rules
  • Forms
  • Miscellaneous
  • APA Annual Report
  • APA Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • RBI Circulars
  • FDI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • Black Money Act
  • PMLA Notification
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • SEBI
  • Multimodal Transportation
  • Vienna Convention
  • NBFC Reports
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • Intellectual Property
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • CBR Act, 1963
  • MCA Circular
  • Book Review
  • Limitation Act
  • SSAs
  • EPFO
  • FAQs
  • Acts
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifcations
  • Types of Visa
  • Agreements
  • Arbitration
  • Model Text
  • Relevant Portion of I-T Act
  • Circulars
  • I-T Rules, 1962
  • MISC
  • Notifications
  • Subscribe
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2016 Taxindiainternational.com Pvt.Ltd. All rights reserved. | Powered by 4th Dimension