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Taxation News

Catalan govt says its taxman ready for independence

Barcelona - Catalonia's pro-separatist government said Monday it has set up its own tax agency that is ready for action if the pro-independence camp wins a contested October 1 referendum.

France seeks 600 mn in taxes from Microsoft: report

Paris - France's tax authority is seeking 600 million euros ($715 million) from Microsoft's local subsidiary for billing French customers from Ireland, the weekly L'Express reported on Wednesday.

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.

Indian cinemas shut in tax protest

New Delhi - More than 1,000 cinemas in the Indian state of Tamil Nadu have closed in protest at a hike in taxes after the government introduced a nationwide levy.

Little India struggles with tax revolution

New Delhi - India has vowed that a new nationwide tax will transform the economy by bringing more businesses into the digital system and filling state coffers, but for shopkeeper Sanjay Kumar Rai, who has never used a computer, the transition is terrifying.

Little India struggles with tax revolution

New Delhi - India has vowed that a new nationwide tax will revolutionise the economy by bringing more businesses into the digital system to enrich state coffers, but for shopkeeper Sanjay Kumar Rai, who has never used a computer, the transition is terrifying.

India launches tax revolution amid business doubts

New Delhi - India on Saturday launched its biggest ever fiscal reform with the government promising that a new nationwide tax would make the economy stronger and less corrupt, but businesses are nervous about the revolution.

India launches national tax amid business doubts

New Delhi - India on Saturday launched its biggest ever fiscal reform with the government promising a stronger, less corrupt economy while businesses are nervous about the new tax.

Gulf states prepare for VAT in time of crisis

Dibai - Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to introduce value-added tax in 2018 to plug budget gaps.

Spain to challenge low-tax Gibraltar post-Brexit: report

Madrid - Spain will challenge "unfair competition" from Gibraltar after Brexit, a foreign ministry report seen Wednesday said, singling out a low-tax regime operated by the British overseas territory to attract foreign investors.

Trump cuts spark fears of global tax war

Paris - Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts say.

Trump proposes major tax cuts, 15% corporate rate

Washington - The Trump administration has unveiled plans to dramatically cut taxes for US businesses and individuals, slashing the corporate rate to 15 percent, but the once-in-a-generation overhaul is headed for a tough fight in Congress.

Trump hits back at tax protests, asks 'who paid' for rallies

Washington - US President Donald Trump on Sunday hit back at nationwide protests calling for him to release his tax returns, questioning "who paid for" the "small" rallies."Someone should look into who paid for the small organized rallies yesterday.

Protesters across US press Trump to release tax returns

Washington - Thousands of protesters gathered Saturday in cities across the United States to pressure President Donald Trump to release his tax returns, a move of transparency he has refused to make.

Customs agents fraud ring busted in Guatemala

Guatemala City - Guatemala busted a ring of at least 15 customs agents, port workers and transport company workers on Friday accused of using falsified documents to avoid paying customs duties.

LuxLeaks whistleblowers get reduced sentences

Luxembourg - A Luxembourg court on Wednesday gave reduced sentences on appeal to two "Luxleaks" whistleblowers convicted of leaking thousands of documents that revealed tax breaks for multinational firms.

Italy proposes 100,000 euro flat tax to draw foreigners

Rome - Italy on Wednesday introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew of rich footballers and entertainers.

Belarusians protest against Lukashenko's 'tax on spongers'

Minsk - Thousands of Belarusian opposition supporters rallied in Minsk on Friday against a Soviet-style "tax on spongers" imposed by authoritarian President Alexander Lukashenko.

Ireland claims EU breaching sovereignty in Apple tax ruling

London - Ireland set out its arguments on Monday against a European Commission ruling that tech firm Apple should pay billions in back-taxes to Dublin, claiming the EU executive arm has interfered in state sovereignty.

Argentine president probed for nepotism in tax amnesty

Buenos Aires - Argentine authorities opened an investigation Tuesday into President Mauricio Macri for alleged nepotism in a controversial decree that extended a tax amnesty to his father and other officials' families.

Andorra ends banking secrecy

Andorra La Vella - Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality once considered a tax haven, approving automatic sharing of information on accounts held by non-residents.

Brazilian judge freezes Michelin assets in tax case

Rio De Janeiro - A Brazilian judge froze Friday some $300 million in assets owned by a former Rio de Janeiro state governor, five of his aides and French tire-maker Michelin over illegal tax breaks.

Hungary to cut corporate tax rate to EU low

Budapest - Hungary is seeking to lower corporate tax to nine percent starting from 2017, the lowest rate in the European Union, Prime Minister Viktor Orban said Thursday.

Ireland launches appeal against EU Apple tax ruling

Dublin - Ireland lodged a formal appeal Wednesday against a European Commission ruling ordering the country to collect billions of euros in unpaid taxes from tech giant Apple.

Strauss-Kahn must pay 75,000 euros in back taxes: Luxembourg court

Luxembourg - Luxembourg's administrative court on Tuesday rejected an appeal by former IMF chief Dominique Strauss-Kahn, confirming his obligation to pay 75,000 euros in back taxes from a now-bankrupt investment firm he once chaired.

Indian police fear US tax scam spread across country

Mumbai - A multi-million-dollar racket that used fake Indian call centres to trick US citizens into paying bogus tax bills may be the tip of the iceberg, with police warning similar scams could be operating across the country.

Indian police fear US tax scam spread across country

Mumbai - A multi-million-dollar racket that used fake Indian call centres to trick US citizens into paying bogus tax bills may be the tip of the iceberg, with police warning similar scams could be operating across the country.

Indian police fear US tax scam spread across country

Mumbai - A multi-million-dollar racket that used fake Indian call centres to trick US citizens into paying bogus tax bills may be the tip of the iceberg, with police warning similar scams could be operating across the country.

Portugal to levy sugar tax on soft drinks

Lisbon - Portugal's Socialist government will introduce a sugar tax on soft drinks in 2017 which is expected to raise 80 million euros ($88 million) for the nation's public health service, a budget bill presented Friday showed.

Tax sugary drinks to fight obesity, says WHO

Geneva - The UN health agency on Tuesday urged countries to start taxing sugary drinks as they fight against an obesity epidemic, pointing to evidence that price hikes can dramatically reduce consumption.
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Appropriations = theft. So does taxation.
Appropriations = theft. So does taxation.
The US Government is currently unable to appropriate anymore of your money  so some of its agencies ...
The US Government is currently unable to appropriate anymore of your money, so some of its agencies have been shut down.