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Tax News

Trump presses Congress on tax cuts, skepticism persists

Washington - President Donald Trump was headed to the US Capitol Thursday to rally skeptical lawmakers behind his effort to overhaul America's tax code, as he seeks to lock down a first major legislative win by year's end.

German court gives Swiss tax spy suspended sentence, fine

Frankfurt Am Main - A Swiss man who admitted to spying on German tax officials was given a suspended sentence and fined by a German court, in a case that has tested ties between Berlin and Bern.

German court gives Swiss tax spy suspended sentence, fine

Frankfurt Am Main - A Swiss man who admitted to spying on German tax officials was given a suspended sentence and fined by a German court, in a case that has tested ties between Berlin and Bern.

Dutch launch probe amid Paradise Papers scandal

Den Haag - Dutch officials are opening an investigation into thousands of agreements with foreign businesses after claims two US multinationals managed to save millions in taxes, the government said Wednesday.

Jersey: low-tax hub on the EU frontier

London - The Channel island of Jersey has come under the spotlight with the publication of the "Paradise Papers", highlighting its status as a tax destination for multinational companies.

Business as usual in Jersey despite leaks storm

Saint Helier - With its seaside air and small-town charm, Jersey seems unperturbed by the storm over the Paradise Papers financial leaks in which it is named as the centrepiece of Apple's tax avoidance strategy.

Rich and famous in the Paradise Papers

Paris - Apple, Bono and Queen Elizabeth II are just a few of the big names and companies revealed in the Paradise Papers leak to have shifted money across the globe to cut tax.

For country and money: Swiss man admits spying on Germans

Frankfurt Am Main - A Swiss man accused of spying on German tax officials admitted to the espionage operation on Thursday, and told a court he acted out of "patriotism" as well as for profit.

For country and money: Swiss man admits spying on Germans

Frankfurt Am Main - A Swiss man accused of spying on German tax officials admitted to the espionage operation on Thursday, and told a court he acted out of "patriotism" as well as for profit.

French MPs back Macron's tax reforms

Paris - French MPs on Tuesday overwhelmingly approved President Emmanuel Macron's plans to slash a key wealth tax, over which he has been accused of pandering to the rich.

Trump feud with key senator overshadows tax push

Washington - Donald Trump made a rare trip to Congress Tuesday to lobby for his tax reforms, but the president's efforts were overshadowed by an explosive new war of words pitting him against a top senator from his Republican Party.

Trump 'debases our country,' slams Republican Corker

Washington - Top Republican Senator Bob Corker on Tuesday escalated his all-out war of words with Donald Trump, slamming the US president as an "utterly untruthful" leader who "debases" his country.

Swiss 'tax spy' ready to confess in German trial: lawyer

Frankfurt Am Main - A Swiss man accused of spying on German officials who were hunting tax cheats signalled at the opening of his trial in Frankfurt Wednesday that he was ready to confess.

Swiss 'tax spy' goes on trial in Germany

Berlin - A Swiss man accused of spying on German officials who were hunting tax cheats goes on trial in Frankfurt on Wednesday, in a convoluted case that has strained ties between Bern and Berlin.Daniel M.

Germany's 'James Bond' found guilty of tax evasion

Berlin - Germany's former top spy, Werner Mauss, was Thursday given a two-year suspended sentence and ordered to donate 200,000 euros ($235,000) to charity as he was convicted for tax evasion.

US Republican tax plan to favor rich, cost $2.4 trillion: study

Washington - Plans unveiled this week for broad-based US tax cuts would mostly benefit the very rich while lowering government revenues by $2.4 trillion over a decade, according to an analysis released Friday.

EU to propose Google, Facebook tax in 2018, says Juncker

Tallinn - The EU will propose a new tax on tech giants such as Google and Facebook next year despite opposition by several states that fear a blow to their economies, European Commission chief Jean-Claude Juncker said Friday.

Tax cuts to help most in middle-class, not all: White House

Washington - President Donald Trump's top economic adviser on Thursday defended plans unveiled this week for sweeping tax cuts but said he could not guarantee they would benefit every middle-class taxpayer.

Trump and Republicans roll out tax reform plan

Indianapolis - Donald Trump's Republican Party rolled out a plan Wednesday to reform America's tax code, seeking deep cuts to corporate rates and the abolition of inheritance tax in a high-stakes bid to fuel economic growth and salvage the president's agenda.

Ronaldo appears in court over tax evasion claims

Madrid - Football megastar Cristiano Ronaldo appeared in court near Madrid on Monday accused of evading millions of euros in taxes, the latest player to fall foul of Spain's taxman.

Football greats fall foul of Spanish taxman

Madrid - From Barcelona's star striker Lionel Messi to his arch-rival Cristiano Ronaldo at Real Madrid, many football stars have fallen foul of the Spanish taxman over the past few years.Ronaldo appears in court on Monday, accused of evading 14.

Macron tax cuts to benefit France's richest, study finds

Paris - The richest 10 percent of France's households will likely benefit the most from tax cuts proposed by the new centrist government of French President Emmanuel Macron, a study showed Wednesday.

EU vows crackdown on aggressive tax planners

Brussels - European tax planners who help rich clients, including sports stars, evade the tax man will risk hefty fines, according to EU plans unveiled on Wednesday.

Are drinking straws an environmental menace?

A waste disposal company has called on plastic drinking straws to be taxed as a disincentive, claiming discarded straws to be a considerable contributor to environmental waste.

'Malta Files' contain no secrets, says PM

Valletta - There are no secrets to be found in the "Malta Files", a cache of leaked documents being pored over by European newspapers, Maltese Prime Minister Joseph Muscat insisted Saturday.

German FM rebukes Switzerland over tax scandal

Frankfurt Am Main - German Foreign Minister Sigmar Gabriel on Saturday upbraided Switzerland for allegedly monitoring German finance inspectors who hunt cross-border tax cheats.

Swiss spy 'ran mole' in German tax office: report

Berlin - A Swiss spy allegedly monitoring German finance officials who hunt cross-border tax cheats also ran a mole in a state finance ministry office, media reports said Thursday.

Germany asks Swiss envoy to clarify 'spy case'

Berlin - Berlin on Tuesday asked the Swiss ambassador to clarify the case of an alleged Swiss spy suspected of monitoring German finance investigators who pursue cross-border tax cheats.

Panama Papers law firm partners get bail

Panama - The partners of the law firm at the heart of the Panama Papers scandal were given bail pending further legal action over allegations they helped launder money related to a huge Brazilian bribery case.

Dutchman, British wife arrested in tax fraud probe

Den Haag - Dutch and British tax authorities have arrested a Dutch man and his British wife, recovering millions of euros in an ongoing tax evasion probe apparently involving Swiss bank accounts, officials said Wednesday.
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Microsoft’s small business blog argued that the new Xbox One is a tax-deductible expense.
Microsoft’s small business blog argued that the new Xbox One is a tax-deductible expense.
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Duncan Lee  an American CPA and Tai Ji Men dizi  explained the details of Tai Ji Men tax case.
Duncan Lee, an American CPA and Tai Ji Men dizi, explained the details of Tai Ji Men tax case.
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A plastic bag in Toronto
Anti-HST protesters in Victoria  B.C.
Anti-HST protesters in Victoria, B.C.
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