Corporate tax rates globally average 27 percent, UHY says Group of Seven economies impose corporate levies of 32 percent Russia and the U.K. give companies the lowest effective tax ... Read More
Slovakia’s newly formed coalition Government has agreed to cut corporate tax as part of a recently agreed economic program. Under the plan, the four-member coalition led by Prime Minister ... Read More
Norwegian Finance Minister Siv Jensen has said that Norway’s corporate tax is too high and should be reduced as part of a wider package of measures designed to boost ... Read More
The State Council executive meeting on February 14 agreed to introduce pilot measures to encourage further development in China’s services sector, including tax breaks for advanced technology service companies. ... Read More
Swiss voters have resoundingly rejected a proposal to replace the value-added tax with an emissions-based levy. A referendum on the popular initiative, known as “Energy Rather than VAT,” was ... Read More
The Irish tax authority, the Revenue Commissioners, has confirmed that taxpayers who have engaged in certain tax avoidance transactions may avail themselves of a new settlement opportunity, which is ... Read More
European multinationals have launched a rearguard effort in Washington to prevent them becoming unintended victims of a US crackdown on tax-driven international mergers. As the Obama administration finalises plans ... Read More
The European Union (EU) is set to ink new Association Agreements with Georgia, Moldova and Ukraine that will eventually eliminate tariff barriers to trade. The EU will sign the ... Read More
The European Commission has described Ireland’s system of labor taxation as fragmented and complex, has criticized its range of value-added tax (VAT) rates, and called for improvements to environmental ... Read More
Behold the Roth 401(k), the retirement savings tactic growing in popularity among younger and more affluent employees, and offered by ever-increasing numbers of employers. Driving the boom are legislative ... Read More
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