Tax News
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By AFP
London -
In billionaire-friendly Britain, where the global coronavirus outbreak has hit hard, the idea of making the wealthiest pay more tax to help economic recovery is gaining ground.
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The U.S. tax season has begun and while most people legitimately fill out their forms there are scams at play, ranging from false claims to the nefarious activities of scammers trying to fool people with fake links.
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By AFP
Luxembourg -
An EU court on Tuesday will decide if orders by Brussels that Starbucks and Fiat Chrysler pay back taxes are legal, in an early signal on how the same judges will decide a similar case with Apple.
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By AFP
Luxembourg -
Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes.
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By AFP
Luxembourg -
Apple embarks on an epic court battle with the EU on Tuesday, fighting the commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes.
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By AFP
Paris -
US internet giant Google has agreed a settlement totalling 945 million euros ($1.0 billion) to end a tax dispute in France under an agreement announced in court on Thursday.
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By AFP
Stockholm -
Police said Wednesday two Swedes were suspected of being behind a powerful explosion that rocked Denmark's tax agency last week, damaging the building's exterior but causing no serious injuries.
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By AFP
Stockholm -
Danish police said Wednesday foul play was involved in a powerful explosion that rocked the national tax agency in Copenhagen, causing severe damage to the building's exterior but no serious injuries.
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By AFP
Paris -
French Finance Minister Bruno Le Maire on Tuesday urged the G7 club of top world economic powers to find an international solution to taxing digital giants at their meeting outside Paris this week.
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By AFP
Athens -
Greece's new conservative Prime Minister Kyriakos Mitsotakis said on Wednesday he would honour a pledge to cut tax that could impact the country's tight fiscal targets.
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By AFP
Paris -
French lawmakers on Monday approved a new tax on digital giants such as Facebook and Apple that has angered the United States, with Finance Minister Bruno Le Maire boasting that France was proud to be in the vanguard of such a move.
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By AFP
Paris -
The French government must implement bold tax cuts in response to the "yellow vest" protests, Prime Minister Edouard Philippe argued Monday as he revealed the results of a major public consultation on the crisis.
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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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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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