Taxation News
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By AFP
Jakarta -
Thousands of workers rallied Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax.
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By AFP
Jakarta -
Thousands of workers rallied Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax.
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By AFP
Jakarta -
Thousands of workers rallied Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax.
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By AFP
Atenas -
Cash-strapped Greece, under pressure from creditors to improve chronically poor tax collection, has landed a surprising windfall from a cluster of high-end tourist islands, revenue officials said Thursday.
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The recent fight among Apple, Ireland, and the European Union has once again shined a spotlight on the growing trend of US companies storing cash overseas to avoid taxes.
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By AFP
Chengdu -
The world's major economies need to deepen cooperation on tax collection and information sharing as companies seek to minimise the amount they pay to governments, finance ministers said on Saturday.
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By AFP
Buenos Aires -
An Argentine judge Thursday ordered a probe into suspected irregularities in President Mauricio Macri's tax returns after the leader was named in the Panama Papers offshore accounts scandal, a source said.
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By AFP
Paris -
French finance prosecutors have asked for Swiss bank UBS to face trial for allegedly orchestrating a vast system of tax fraud in France, a legal source said Monday.
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By AFP
Paris -
France's Economy Minister Emmanuel Macron will have to pay back-taxes after authorities found he had undervalued a family property, two local media outlets claimed on Tuesday.
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By AFP
Washington -
The "Panama Papers" trove of leaked documents revealing the vast extent of global tax evasion will be made available to the public on May 9, the organization behind the leak said Wednesday.
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By AFP
Johanesburg -
South Africa plans a new "fat tax" on sugary drinks to combat an obesity epidemic -- but sweet-toothed consumers say its chances are slim of making them cut down.
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By AFP
Paris -
Several members of the Wildenstein art-dealing dynasty went on trial in Paris on Monday charged with stashing hundreds of millions of euros in inheritance money out of reach of the French taxman.
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By AFP
Tegucigalpa -
The United States has requested the extradition of former Honduran vice president Jaime Rosenthal, one of the country's biggest tycoons, whom it accuses of drug trafficking and money laundering, Tegucigalpa said.
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By AFP
Jerusalem -
Israel's most famous model Bar Refaeli was arrested and questioned for allegedly evading taxes on millions of dollars of income from abroad by lying about her residency, Israeli authorities said Thursday.
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By AFP
Barcelona -
Spain's world-famous opera star Montserrat Caballe was handed a six-month suspended jail sentence and fined more than 250,000 euros ($275,000) on Tuesday for cheating the taxman.
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By AFP
Paris -
The world's advanced economies announced Monday a long-awaited plan to close the loopholes on tax-avoiding multinationals that cost countries more than $100 billion a year, declaring: "Playtime is over.
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By AFP
Atenas -
Distillers in Greece were aghast Friday over EU demands for the abolition of long-running tax exemptions believed to cost the cash-strapped state millions of euros in lost revenue.
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By AFP
Atenas -
Police in Greece have found no sign of electronic hacking into the tax files of millions of Greeks, which ex-finance minister Yanis Varoufakis claimed to have ordered as part of an emergency plan to deal with an exit from the euro, state agency ANA rep...
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London -
There was incredulity in some quarters when the U.K. government unveiled its latest budget: the Conservatives are to extend an existing climate change levy to renewable electricity.
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By AFP
Lisbon -
Portuguese Prime Minister Pedro Passos Coelho on Wednesday sought to calm a storm over his late payment of taxes and social security contributions as protesters shouted for him to resign.
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Denver -
Colorado is home to the great marijuana experiment. A completely legal cannabis industry that is trying to prove to the world that a legal cannabis market makes sense. While some have praised the decision, others have expressed doubt.
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President Barack Obama scores another winner with his proposal to offer a temporary, 14 percent tax on U.S. corporations' foreign-parked profits, followed by a 19 percent tax after this year. This tax is intended to pay for infrastructure improvements.
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Calgary -
While low oil prices wreak havoc on Alberta's economy, costing jobs, the men and women at City Hall are laughing all the way to the bank with new pay raises at a time when many Calgarians wonder if they will soon hit the unemployment line.
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By AFP
New York -
A newly re-elected U.S. congressman said Tuesday he would step down, one week after he pleaded guilty to felony tax evasion in New York.
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By AFP
Paris -
Thousands of business owners took to the streets in French cities Monday in a rare protest against hefty taxes, charges and stifling regulations they say are driving their firms into the ground.
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By AFP
Geneva -
The Swiss on Sunday flatly rejected a call for dramatic immigration cuts in the name of saving the environment, along with bids to scrap tax breaks for rich foreigners and hike the country's gold reserves.
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By AFP
Berlin -
The finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.
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By AFP
Moscow -
A major conference in Moscow aimed at cutting global smoking rates this week found itself grappling with another issue: how to stop the powerful tobacco lobby from butting in on the debate.
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New Delhi -
Indian Finance Minister Arun Jaitley changed his cover photo on his Facebook profile a few days ago to reflect his and his government's attitude that favors a low-tax regime conducive for business.
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By AFP
Washington -
US Senate investigators have accused heavy equipment giant Caterpillar of hiding $8 billion in profits offshore in Switzerland to avoid US taxes.
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Taxation Image
The US Government is currently unable to appropriate anymore of your money, so some of its agencies have been shut down.
Appropriations = theft. So does taxation.
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