Search Results for: corporation tax
Big four accounting firms paid millions to advice EU Commission on tax policy
July 10th, 2018
EU lawmakers should stop relying on policy advice from the world’s four largest accounting firms, given their status as “goliaths of the tax planning world,” according to an independent Brussels-based watchdog. Far from being “objective and legitimate” advisers on ...
EU leaders to urge progress on digital tax despite concerns, draft says
June 20th, 2018
European Union leaders are expected to call for progress on new rules to tax companies’ digital revenues at a summit next week in Brussels, according to draft conclusions of the meeting. The text, which is still subject to change, ...
Is the EU ready for a Common Consolidated Corporate Tax Base?
June 12th, 2018
In 2011, an ambitious Common Consolidated Corporate Tax Base (CCCTB) directive was proposed by the European Commission. It sought to harmonise the 28 different corporate tax codes of the Member States into one set of rules while retaining the ...
EU set to remove Bahamas, St Kitts from tax haven blacklist
May 21st, 2018
European Union finance ministers are set to remove the Caribbean islands of the Bahamas and Saint Kitts and Nevis from an EU list of tax havens next week, EU documents show. The two islands had been included in the ...
UK Sees Corporate Tax Windfall After Brexit Decision
August 4th, 2017
The 15.5 percent year-on-year increase in UK corporate tax receipts, reported recently by HM Revenue and Customs (HMRC), demonstrates that company profits have not yet been dented by the UK’s decision to leave the European Union, says London tax ...
Trump is said to seek cutting corporate tax rate to 15 percent
April 25th, 2017
President Trump has instructed his advisers to make cutting the corporate tax rate to 15 percent a centerpiece of his tax-cut blueprint to be unveiled this week, according to people with knowledge of his plans, even if that means ...
PwC’s Takeover of ‘The World’s Best Tax Law Firm’
March 17th, 2017
In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ — is moving to PwC in April. Under the deal, about ...
Unusual: The goverment of this country complains that it is collecting too much tax
February 23rd, 2017
Sweden’s government has an unusual complaint — it is collecting too much tax. Negative rates of interest have made a number of the world’s highest taxes lots much less painful as companies and people race at hand money to ...
EU to battle corporate tax scams
February 22nd, 2017
European Union finance ministers have agreed on new measures to close some tax loopholes that have enabled multinational companies operating in both EU and non-EU countries to avoid paying taxes… but not right away. EU finance ministers meeting in ...
E.U. Includes U.S. on List of Potential Tax Havens
February 6th, 2017
The European Commission views the United States as a potential tax haven, according to a draft list of 90 countries that Brussels views as problematic. Countries on the list, obtained by Handelsblatt, are categorized based on three risk factors ...
