Tax News

LuxLeak

Why has the European Commission not investigated Lux Leaks tax deals?

18/02/2019(0)
Almost five years ago, the International Consortium of Investigative Journalists published its Lux Leaks investigation, exposing how some of the world’s largest corporations cycled billions of dollars through Luxembourg ... Read More
Digital Tax

Positions, problems and prospects of EU ‘digital tax’ proposal

14/09/2018(0)
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such ... Read More
vat

OECD Supports States To Mirror EU’s Digital VAT Reforms

27/10/2017(0)
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST ... Read More
vat

EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action

04/10/2017(0)
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, ... Read More
Corporate_taxes

French Finance Minister Outlines French Corporate Tax Cut Plans

01/09/2017(0)
French Finance Minister Bruno Le Maire has confirmed that the Government will legislate for several tax measures designed to increase France’s tax competitiveness in the upcoming Budget for 2018. ... Read More
tax-logo2

UK Sees Corporate Tax Windfall After Brexit Decision

04/08/2017(0)
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 ... Read More
tax-cuts

EU Requires Belgium, France To End Port Tax Breaks

01/08/2017(0)
Belgium and France must abolish corporate tax exemptions granted to their ports so as to align their tax regimes with European Union state aid rules, the European Commission has ... Read More
tax-logo2

Greece: Finance Ministry to present plan for a single set of tax rates for all

01/02/2016(0)
Greece: The Finance Ministry is set in the next few days to present creditors with the changes it is planning to introduce on 2016 income taxation. The measures being ... Read More
Russian-Flag

Russia Confirms Tax Rate Freeze

29/06/2015(0)
Affirming commitments made last year, Russia’s President, Vladimir Putin, has stated that tax rates will be frozen for the next four years. Putin has indicated that he wants to ... Read More
Broker Cyprus TopFX