Tax News

In an effort to combat offshore tax evasion, the Cayman Islands signed an agreement with the United States. The agreement will enforce the Foreign Account Tax Compliance Act (FATCA).

Mexico’s new soda tax introduced to combat the country's growing problem of obesity may mean that MexiCoke producers will have to change the ingredients of its sought-after authentic-tasting soft drink.

Today will be the last day that Amazon customers in the state of Virginia will be able to purchase items from the site and not be charged the state's sales tax.

Residents in the state of Connecticut may soon have to pay more money to download digital products such as iTunes songs, an apps or e-books.

The French government is considering levying a new smartphone tax at a rate of 1% in order to protect the French entertainment-cultural industry.

Madrid - Spain is moving in a different direction now, although the Spanish economy is still faltering, they do have a plan. It looks nothing like the American plan for recovery.

Eric Schmidt, the executive chairman of Google, said that Google's tax agreements complied with UK law. Schmidt also noted Google's investment in Britain.

The United States Senate plans on voting on a bill as soon as Monday. The bill would give states the authority to collect sales tax on purchases that are made on the Internet.

It’s safe to say that most people dread that letter from the IRS that suggests auditors would like to take a closer look at their books.

A new 20 per cent tax on second house sales looms over Shanghai’s population, and couples rush to get a divorce in order to avoid losing their money.