Search Results for: taxes
Germany and the European Commission rejected calls to impose taxes on imports from USA
November 15th, 2016
Germany and the European Commission rejected on Monday (14 November) calls by former French President Nicolas Sarkozy to impose taxes on imports from the United States if President-elect Donald Trump quits a global agreement for fighting climate change. Trump, ...
Trade Taxes On IT Products Falling, WTO Says
November 4th, 2016
A large majority of countries that have agreed to the newly expanded Information Technology Agreement have implemented their tariff commitments under the deal, the World Trade Organization announced on November 1. The original ITA was concluded in 1996. The ...
IEA report suggests UK to abolish twenty current taxes
November 2nd, 2016
The Institute of Economic Affairs has today published a ground-breaking report which calls for the abolition of a raft of taxes, to be replaced with a simpler, less burdensome tax system. Leading economists, including Patrick Minford, David B. Smith and Professor ...
Apple facing back taxes running into billions over Ireland deal
August 30th, 2016
Irish officials expect European commission to declare the arrangement with Apple unlawful under state aid rules Apple could face back taxes running into billions with the European commissionexpected to rule against the company on Tuesday over its arrangements with the ...
French Workers Pay Highest Taxes In Europe
July 29th, 2016
France has surpassed Belgium as the European country with the highest taxes on the average employee, according to a new study. Taking into account income tax, social security contributions, and value-added tax, the report by the Molinari Economic Institute ...
UHY: Major European economies levy among the highest property purchase taxes in the world
July 26th, 2016
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...
12 Tips For Claiming Summer Camp Expenses On Your Taxes
June 28th, 2016
My daughter is braving the summer heat in goalie pads today at field hockey camp. It was an early morning, loading equipment into the car and getting to registration on time but we know this drill by now. You ...
Brexit Would require the UK Government to hike taxes by GBP5bn (USD7.4bn) to meet its target
June 13th, 2016
The Institute of Fiscal Studies (IFS) has warned that in the event of a “Brexit,” the UK Government would need to hike taxes by GBP5bn (USD7.4bn) to meet its target of a balanced budget in 2019-20. The warning was ...
Ryan Air to Cut Summer Flights to Greece because of new taxes
April 22nd, 2016
Ryan Air is cutting summer season flights to Greece two months early because the Greek government has not answered to his proposals, said the low cost airline Chief Commercial Officer David O’Brien. O’Brien spoke to the Sunday edition of ...
HMRC investigations into underpaid ‘sin taxes’ yield £1.6 billion
March 29th, 2016
6% more than the £1.5 billion raised last year According to our research, HMRC investigations into underpayments of ‘sin taxes’ on cigarettes, alcohol yielded £1.63 billion in extra tax this year, up 6% on the £1.54 billion raised the ...
