Tax News
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By AFP
London -
Nearly a third of Britain's billionaires have either moved or are relocating to tax havens, where some have broken UK law by bankrolling political parties, a major investigation said on Thursday.
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By AFP
Den Haag -
Tens-of-thousands of Dutch citizens living in Britain will have until the end of the year to get their taxes in order in case of a no-deal Brexit, the Dutch government said Monday.
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By AFP
Davos -
OECD Secretary-General Angel Gurria said Thursday he hopes to lay the foundations this year for an international tax on digital giants that could come into force in 2020.
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By AFP
Strasbourg -
The European Commission on Tuesday proposed to end the veto power member states have over EU tax matters, an idea rejected by several smaller countries including low-tax hub Ireland.
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By AFP
Bucharest -
Romania's left-wing government on Friday issued a controversial emergency ordinance imposing new taxes on banks and energy companies, despite an outcry from investors.
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New York City's subway system has been in a "state of emergency" for more than a year now, as Gov. Cuomo once described.
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By AFP
Apo -
A top EU official Tuesday said the fear of retaliation by US President Donald Trump has blunted Germany's ambition for a European digital tax, with Paris and Berlin now proposing a scaled down version.
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By AFP
Paris -
French Prime Minister Edouard Philippe announced Tuesday new concessions to "yellow vest" protesters, including the suspension for six months of planned tax increases raising the price of fuel.
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By AFP
Paris -
French Prime Minister Edouard Philippe is to announce on Tuesday a suspension of fuel tax increases planned for January 1 in a move to end violent "yellow vest" protests against the measure, government sources said Tuesday.
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By AFP
Frankfurt Am Main -
Germany and France will on Monday seek to revive the long-delayed EU financial transaction tax by proposing that member states be allowed to use the revenues to reduce their EU budget contributions, a German newspaper reported.
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By AFP
Lisbon -
The European Commission on Wednesday urged backers of an EU-wide tax on high-tech giants to keep pushing the proposal, which has stalled due to opposition from Ireland and Nordic countries.
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By AFP
Madrid -
Spain's prime minister defied the Supreme Court in a rare move on Wednesday, stating that banks would now have to pay a mortgage tax instead of customers in opposition to what the highest court had ruled.
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The U.K. government is seeking to ramp up efforts to tackle the scourge of litter and waste from single-use plastics, proposing a new tax on plastic packaging, subject to consultation.
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By AFP
Rome -
Italy's deputy prime minister accused an unknown adversary Wednesday of having tampered with the country's budget by secretly introducing tax measures to favour the mafia."A very serious thing has happened! The decree on 'fiscal peace'...
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By AFP
Bejing -
Chinese superstar Fan Bingbing took to social media for the first time in months Wednesday to apologise to fans and the Communist Party for tax evasion, shortly after news broke that authorities had ordered her to pay nearly $130 million in back taxes ...
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By AFP
Apo -
The European Union on Wednesday ended a long-running investigation into the tax arrangements between US fast food giant McDonald's and Luxembourg, finding the setup did not amount to illegal state aid.
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By AFP
Apo -
The European Union on Wednesday ended a long-running investigation into the tax arrangements between US fast food giant McDonald's and Luxembourg, finding the setup did not amount to illegal state aid.
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By AFP
Madrid -
After ordering football superstar Cristiano Ronaldo to pay 18.8 million euros ($21.6 million) to settle a tax fraud claim, Spanish authorities have reduced the sum by two million euros, the El Mundo daily reported Friday.
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By AFP
Madrid -
Spain's prime minister said Tuesday he could not reveal who got a tax amnesty six years ago after the former mistress of Spain's ex-king Juan Carlos alleged he benefited from the measure.
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By AFP
Paris -
Fresh from saying "sorry" to European lawmakers, Facebook CEO Mark Zuckerberg holds talks with Emmanuel Macron on Wednesday where he will face renewed pressure over his company's tax policies.
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By AFP
Sofia -
French President Emmanuel Macron's ambitious plans for an EU digital tax targeting US tech giants such as Google or Facebook faced strong headwinds on Saturday, provoking anger from Paris.
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By AFP
Den Haag -
Dutch Prime Minister Mark Rutte pledged Monday to release all memos about a controversial plan to scrap dividend tax amid heavy opposition criticism of the move which will reportedly cost the country 1.4 billion euros.
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One major expenditure awaiting a large percentage of U.S. citizens near the end of their lives is long-term care. Expenses extend to assisted living facilities or nursing homes. A new guide gives advice.
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By AFP
Paris -
Global health leaders declared war on lifestyle diseases Thursday, decrying the impact of tobacco, alcohol and soft drinks on the world's poor, while calling for taxes to curb consumption and finance healthcare.
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By AFP
Buenos Aires -
Tensions over trade surfaced on the first day of a G20 meeting of finance ministers on Monday as the United States and China -- whose differences are fueling fears of a trade war -- flexed their muscles in the Argentine capital.
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By AFP
Washington -
The United States said Friday it "firmly opposes" any new tax aimed at big technology firms, in a sharp challenge to a European proposal aimed at American digital titans.
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By AFP
Panama -
The law firm at the heart of the "Panama Papers" global tax evasion scandal that brought down two world leaders announced Wednesday it would shut down operations, citing negative press and what it called unwarranted action by authorities.
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By AFP
Geneva -
Swiss voters on Sunday rejected a proposal that would have cut taxpayer funding to public broadcasters, after a campaign that stirred debate about the media's role in fostering national unity.
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By AFP
Paris -
The Franco-American patriarch of the mighty Wildenstein art-dealing dynasty goes back on trial in Paris Friday, just over a year after his surprise acquittal in a long-running inquiry over suspected large-scale tax fraud.
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By AFP
Ottawa -
Canadian tax authorities raided locations in Calgary, Toronto and Vancouver on Wednesday as part of a criminal investigation prompted by the Panama Papers leak.
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Tax Image
Microsoft’s small business blog argued that the new Xbox One is a tax-deductible expense. Flickr
Duncan Lee, an American CPA and Tai Ji Men dizi, explained the details of Tai Ji Men tax case.
Anti-HST protesters in Victoria, B.C. Tony Sprackett
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