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taxes

greece-vat

Greece To Hike VAT To 24 Percent

20/04/2016(0)
Greece has agreed to raise its value-added tax rate to 24 percent from July 1, 2016. The hike will push Greece’s headline rate closer to the highest value-added tax ... Read More
taxes

Five EU Countries Agree To Share Beneficial Ownership Data

18/04/2016(0)
France, Germany, Italy, Spain, and the UK have agreed to exchange data held on beneficial ownership registers and registers of trusts. This pilot project, initiated by the UK, will ... Read More
MW-EK129_Tax_Do_20160412160058_ZH

How corporate tax avoidance is hurting America and the rest of the world

15/04/2016(0)
Tax-haven abuse by multinationals is exacerbating the global wealth gap and putting an excessive burden on developing countries, according to a damning new report from the nonprofit Oxfam. Coming ... Read More
acca-global_accounting

ACCA welcomes the new VAT Action Plan

11/04/2016(0)
ACCA (the Association of Chartered Certified Accountants) welcomes the new VAT Action Plan unveiled by the European Commission today, but warns of the potential danger of compliance costs for ... Read More
taxes

EU Nations Split Over Tax Rules on Controlled Foreign Companies

11/04/2016(0)
Tax debate weighs on push to pass anti-fraud package by June Panama leaks give extra incentive to EU corporate-tax campaign European Union proposals to crack down on corporate-tax avoidance ... Read More
barack obama

Barack Obama: Tax avoidance is a big global problem

07/04/2016(0)
US President Barack Obama has warned that “tax avoidance is a big global problem” and urged Congress to take action to eliminate tax loopholes. “A lot of it is ... Read More
PwC-building

A head start on the transition to VAT in the GCC

06/04/2016(0)
PwC has held a VAT workshop in Qatar, as part of a region wide initiative to update locally based businesses on the latest developments and the implications of VAT ... Read More
The HSBC headquarters is seen in the Canary Wharf financial district in east London

Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations

06/04/2016(0)
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their ... Read More
UK-tax

UK Legislates For 2016 Budget Tax Changes

29/03/2016(0)
The UK Government has introduced legislation to implement a range of tax measures announced in the Budget, including changes to income tax thresholds and a corporation tax cut. Finance ... Read More
hmrc

HMRC investigations into underpaid ‘sin taxes’ yield £1.6 billion

29/03/2016(0)
6% more than the £1.5 billion raised last year According to our research, HMRC investigations into underpayments of ‘sin taxes’ on cigarettes, alcohol yielded £1.63 billion in extra tax ... Read More
Broker Cyprus TopFX