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Accounting

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False claim: “free stuff” is funded by these high tax rates in “socialist” EU countries

16/03/2020(0)
Multiple accounts on Facebook are circulating an image which makes the claim that high tax rates in European countries are behind “free stuff” advocated for by “socialism”. The image ... Read More
Tax heaven

EU puts Cayman Islands on tax haven blacklist

19/02/2020(0)
The European Union has added the Cayman Islands, a UK overseas territory, to its tax havens blacklist. It joins Oman, Fiji and Vanuatu, which have also been accused of ... Read More
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Tax revenues have reached a plateau

30/12/2019(0)
Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases ... Read More
Digital Tax

Parliament keeps up pressure to tax digital economy more fairly

20/12/2019(0)
MEPs press EU to engage fully in international efforts to tax the digital economy, while still being prepared to act at EU level if global plans fail. As international ... Read More
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Plan for an EU financial transaction tax of 0.2 pct

12/12/2019(0)
The plans drawn up by German Finance Minister Olaf Scholz for a new financial transaction tax in 10 European Union states, provide for a tax of 0.2 percent of ... Read More
tax blacklist

EU removes Belize from its Tax Haven Blacklist

14/11/2019(0)
The European Council agreed to remove Belize from the EU’s list of non-cooperative tax jurisdictions. North Macedonia meets commitments. Belize has passed the necessary reforms to improve its tax ... Read More
EU USA trade talks

US set to impose tariffs on $7.5bn of EU exports; Is there an economic impact?

04/10/2019(0)
The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods it imports from the EU. It is the latest chapter in a 15-year battle ... Read More
fined

Google fined nearly €1 billion in ‘historic’ tax fraud ruling

23/09/2019(0)
Google has been ordered to pay nearly €1 billion to the French government over allegations of tax fraud. The ruling comes as European authorities are exploring new ways to ... Read More
vat

VAT Gap: EU countries lost €137 billion in VAT revenues in 2017

12/09/2019(0)
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called ‘VAT Gap’ – or the ... Read More
tax-cuts

Germany to cut corporate tax for SMEs

30/08/2019(0)
On August 29, 2019, German Economy Minister Peter Altmaier announced the outlines of a plan to reduce the tax and regulatory burden on small and medium-sized companies in Germany. ... Read More
Broker Cyprus TopFX