Taxation

EU exec proposes new withholding tax rules to attract investors

By Jan Strupczewski BRUSSELS, June 19 (Reuters) - The European Commission on Monday proposed changes to the way investors pay withholding tax in the European Union, to attract more cross-border…

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Canada’s ‘tax the rich’ plan leaves big debt risk untouched

Prime Minister Justin Trudeau's new government is set to impose higher taxes on Canadians, which will help fund some campaign promises but are not broad enough to also start paying down…

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UPDATED: UK PM Johnson to hike taxes to pay for social care

British Prime Minister Boris Johnson set out plans on Tuesday to raise taxes on workers, employers and some investors to try to fix the health and social care system, angering…

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British ‘Treasure Island’ tax havens face a tempest

Britain's exotic network of "Treasure Island" tax havens could be facing the biggest threat to its existence in half a century after the United States and its allies pledged to squeeze more tax out of…

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2021 Annual Report highlights the contribution of taxation towards a more innovative, business friendly and healthier EU

The European Commission has published the 2021 Annual Report on taxation, a yearly review of Member States' tax policies and their contribution to the priorities of the EU, such as the twin digital…

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EU eyes another go at more unified European business taxation

The European Commission wants to propose in 2023 a more unified way of taxing companies in the European Union, hoping that such rules, which have failed to win support in…

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Around the world, COVID prompts new look at company taxes

The huge public deficits that have piled up as governments bail out their pandemic-hit economies are prompting the first rethink of a four-decade decline in corporate tax rates worldwide. Britain…

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Ireland could lose 2 billion euros a year under global corporate tax deal

DUBLIN, Jan 14 (Reuters) - Ireland's annual corporate tax revenues could fall by up to 2 billion euros ($2.4 billion) per year if "very big changes" are agreed to the…

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France plans for airline environmental tax to be put on hold

France is preparing to put plans for new environmental taxes on the airline sector on hold, officials said on Friday, despite a government push to speed up moves towards a…

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CommuniqEU Dispatch – Taxation

This article by Keith Zahra appeared first on Diplomatique.Expert (Edition 23) and is compiled by CiConsulta for Corporate Dispatch In its effort to combat tax fraud and enchance cooperation between national tax…

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Digital Taxation and Coronavirus top G20 summit in Saudi Arabia

Finance ministers and central bank governors from G20 nations weighed the potential impact of the coronavirus epidemic on the world economy as they met in Riyadh Saturday for a two-day…

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Panama and UK Cayman Islands added on EU blacklist for tax havens

Finance ministers today added four countries to the EU’s blacklist for tax havens outside the bloc, including Panama and U.K. territory Cayman Islands. Ministers updated the naming and shaming exercise at…

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Get multinationals to disclose where they pay taxes, MEPs tell member states

MEPs adopted a resolution urging member states to work on long-overdue rules obliging multinationals to disclose what taxes they pay in each country. The resolution, adopted by 572 votes in…

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France approves tech companies tax act

The French Senate endorsed the so-called GAFA act which would target Google, Apple, Facebook, Amazon, and other major tech companies with a 3% percent tax. It's the first time a…

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France to introduce eco-tax on airlines flying out of France

France will introduce an eco-tax on airlines flying out of France, which is expected to raise around €180 million from 2020, transport minister Elisabeth Borne said on Tuesday. "We have…

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Merkel vows to address changes in the international corporate taxation landscape as business community criticise her coalition for not delivering on digitisation

The international corporate taxation landscape has changed to Germany’s disadvantage recently, Chancellor Angela Merkel said on Tuesday, adding that her ruling coalition would try to address this. “We know that…

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Il-Kulħadd Headlines – Sunday 12th May 2019

Il-Kulħadd carries the following stories: Kulħadd covers statements by Labour Party MEP Miriam Dalli who argued that the incumbent Nationalist Party MEPs voting record could threaten Malta’s self-control over taxation…

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Malta based company, using island to declare profits, to underpay tax, mentioned as example of UK’s effort to curb on tax underpayment by big multinationals

UK authorities are stepping up investigations into the tax affairs of US multinationals, which account for a growing share of suspected underpayment by large businesses. HM Revenue & Customs believes…

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