Accounting News

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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
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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
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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
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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
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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
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New Greek Government planning deep Tax cuts

25/07/2019(0)
Following its recent election victory, the New Democratic Government in Greece will bring forward legislation for a wide range of tax cuts, including a substantial reduction in corporate tax ... Read More
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New EU-wide tax system to offer more tax certainty in double taxation issues

04/07/2019(0)
The European Commission has announced that new EU rules come into force as from the 1st of July  to ensure quicker and more effective resolution of tax disputes between Member States, ... Read More
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KPMG to settle charges by paying a $50 million penalty

19/06/2019(0)
The Securities and Exchange Commission (SEC) charged KPMG LLP with altering past audit work after receiving stolen information about inspections of the firm that would be conducted by the ... Read More
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