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taxes

Wealthy Foreigners

Italy brings in new tax breaks to attract wealthy foreigners

13/03/2017(0)
Italy on Wednesday introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew ... Read More
vat

Gulf countries companies may face challenges on VAT implepmentation

13/03/2017(0)
GCC corporates could face multiple VAT challenges in the short-run The plan to introduce value-added tax in GCC states could create operational risks for companies and put pressure on ... Read More
Codebase

PwC’s partnering with tech startup incubator Codebase

13/03/2017(0)
PwC is putting its weight behind technology startups, partnering with the UK’s biggest incubator. The professional services giant will support Scotland’s Codebase, which is home to more than 80 ... Read More
tax-cuts

Australia Passes ‘Fairer Tax’ Reforms

13/02/2017(0)
The Australian Government has hailed the passage of a package of tax reforms to improve income averaging arrangements for farmers and provide the Tax Commissioner with a new power. ... Read More
ibm-watson-computer

IBM gives Watson a new challenge: Your tax return

02/02/2017(0)
In its first steps toward commercialization, IBM’s Watson took on grand, science-laden challenges like helping doctors diagnose cancer. But that is changing as IBM strives to build its artificial ... Read More
google23

Jakarta threatens Google with legal action in tax case

17/01/2017(0)
The tax authority in Indonesian capital Jakarta threatened Google with legal action for failing to hand over transaction data for an investigation into a case alleging the internet giant ... Read More
U.S. dollar notes are seen in this picture illustration

Dollar slumps after Trump offers no details on economic policies

12/01/2017(0)
The dollar skidded on Thursday, moving back toward one-month lows against the perceived safe-haven yen, after President-elect Donald Trump’s highly-awaited news conference failed to offer details on his promises ... Read More
malta

Malta accused of being tax haven as it takes EU presidency

11/01/2017(0)
Country helped multinationals avoid paying more than £12bn in taxes from 2012 to 2015, says report from Green MEPs Malta has been accused of being a tax haven, just ... Read More
deutschebank-hq

Deutsche Bank settles tax fraud suit for $95 million

06/01/2017(0)
Deutsche Bank AG agreed Wednesday to pay the U.S. government $95 million to settle a tax fraud lawsuit. The suit, filed in 2014, claimed the German bank used shell ... Read More
HMRC

UK: New Year brings in new penalties for enablers of offshore tax evasion

03/01/2017(0)
Accountants, bankers, lawyers and other advisors who enable offshore tax evasion will face tough new sanctions from today (1 January 2017). The new powers will see individuals or corporates ... Read More
Broker Cyprus TopFX