taxes

High-gas-prices

Low Oil Prices Forcing Saudi Arabia To Modernize Economy

28/03/2016(0)
The collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the ... Read More
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HMRC Welcomes Bank Bonus Tax Scheme Ruling

22/03/2016(0)
HM Revenue and Customs (HMRC) has welcomed a court ruling against a major tax avoidance scheme used by banking giants UBS and Deutsche Bank, in which the agency successfully ... Read More
DianeAbbott

PricewaterhouseCoopers accused of conflict of interest in development role

21/03/2016(0)
Diane Abbott is furious that PwC is working on a DfID scheme called the Investment Facility for Utilising UK Specialist Expertise Big Four accountant PricewaterhouseCoopers has been accused of “a ... Read More
Amazon

Amazon’s Italy Chief Says Company Under Probe for Tax Evasion

16/03/2016(0)
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday. The Seattle-based online retailer is ... Read More
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Apple, McDonald’s, Google and IKEA to face EU lawmakers over tax deals

15/03/2016(0)
Apple (AAPL.O), Google (GOOGL.O), McDonald’s (MCD.N) and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay ... Read More
china

China Drafts Rules for Tobin Tax on Currency Transactions

15/03/2016(0)
Initial rate of levy may be kept at zero, people familiar said The rules still need central government approval, they said China’s central bank has drafted rules for a ... Read More
tax-agreement

Two Cayman Island Financial Institutions Plead Guilty in Manhattan Federal Court to Conspiring to Hide More Than $130 Million in Cayman Bank Accounts

10/03/2016(0)
Cayman Companies Admit to Helping U.S. Taxpayer-Clients Hide Assets in Offshore Accounts, and Agree to Produce Account Files of Non-Compliant U.S. Taxpayers First Conviction of Non-Swiss Financial Institution For ... Read More
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Google Isn’t Paying the ‘Google Tax’

19/02/2016(0)
Close to four years ago, Europe began to notice that some of the world’s biggest technology companies were paying minimal tax on the billions of dollars they earned across ... Read More
UK-tax

UK Consultation On Tax And Domicile Changes

16/02/2016(0)
The UK Government is consulting on proposed changes to the non-dom rules that would deem certain individuals to be domiciled in the country for income tax and capital gains ... Read More
ikea

New tax scandal as Ikea ‘avoids paying £775 Million in taxes using onshore havens’

15/02/2016(0)
FURNITURE giant Ikea has been accused of underpaying a staggering €1 billion (£773 million) in taxes between 2009 and 2014. The Swedish firm is under scrutiny for using “onshore ... Read More
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