The US Supreme Court ruling Thursday on a key foreign-income tax case allays the most dire fears that it could upset other parts of the tax code, but questions remain about what it may signal for a potential future wealth tax and other provisions.
The top scorer in the history of Colombia’s national team is coming home, but only for six months because he doesn’t want to pay the nation’s wealth tax.
Prime Minister <-bsp-person state="{"_id":"00000190-3b1e-d497-a7fb-ff1f713c0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Narendra Modi’s government is considering consumption-boosting measures worth more than 500 billion rupees ($6 billion) in India’s upcoming budget, including tax cuts for lower income individuals for the first time in seven years, according to people familiar with the matter.
Political contenders in the UK’s general elections next month should focus more on simplifying the country’s tax system instead of on curbing tax avoidance, according to several company tax officials.
EU countries continue to make slow progress in agreeing on new tax rules, with discussions often stuck at technical level, according to a state-of-play report approved by EU finance ministers Friday.
This week, our experts covered ways to make the Internal Revenue Code more equitable, the OECD’s additional transfer pricing guidance on Amount B, and more. For a look at the latest commentary and analysis, check out our weekly roundup.
<-bsp-bb-link state="{"bbHref":"bbg://screens/COUN%20FR%20RISK","_id":"00000190-4733-d497-a7fb-ef3fdf170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">France’s leftist alliance would raise the top marginal income tax rate to 90% if it were to take over the government following legislative elections that run through July 7.
An Indian tax panel will begin talks on rate rationalization under the Goods and Services Tax beginning August, Federal Finance Minister <-bsp-person state="{"_id":"00000190-4737-d497-a7fb-ef3fdcab0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Nirmala Sitharaman said Saturday.
France’s billionaire Saade family spent more than four decades discreetly building a global shipping empire from their base in the southern city of Marseille. The late founder mostly shirked elite Parisian social circles and the publicity that comes with politics.
The top scorer in the history of Colombia’s national team is coming home, but only for six months because he doesn’t want to pay the nation’s wealth tax.
EU countries continue to make slow progress in agreeing on new tax rules, with discussions often stuck at technical level, according to a state-of-play report approved by EU finance ministers Friday.
Political contenders in the UK’s general elections next month should focus more on simplifying the country’s tax system instead of on curbing tax avoidance, according to several company tax officials.
Countries helping draft the United Nation’s global treaty on tax cooperation are still at odds over how decisions should be made—whether by majority or consensus—according to a top official of the body.
Prime Minister <-bsp-person state="{"_id":"00000190-3b1e-d497-a7fb-ff1f713c0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Narendra Modi’s government is considering consumption-boosting measures worth more than 500 billion rupees ($6 billion) in India’s upcoming budget, including tax cuts for lower income individuals for the first time in seven years, according to people familiar with the matter.
Denmark’s government agrees with five other parties in parliament to cut taxes for entrepreneurs and investors, to bolster the startup scene in the Nordic country and attract more talent to businesses, the economy ministry says.
In 2021, 137 countries agreed on a global minimum corporate tax rate of 15% for big global companies. This video explains why countries felt such a tax was needed and how it will work.
<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.
<-bsp-person state="{"_id":"00000190-3c41-d497-a7fb-fc4d4f010000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Cameron and <-bsp-person state="{"_id":"00000190-3c41-d497-a7fb-fc4d4f010001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Tyler Winklevoss were refunded after their Bitcoin donations to
Two US lawmakers who visited a jailed <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-3bd5-d497-a7fb-ffdd83420000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance Holdings Ltd. executive in Nigeria said he is in poor health and asked the American embassy to seek a humanitarian release even as local authorities press on with a fraud trial against him.
Ripple Labs Inc. beat a crypto buyer’s allegations that it violated federal securities law with unregistered sales of its XRP token.
Benjamin Brickner has joined Pierson Ferdinand as a partner in the corporate department, the firm said Thursday.
The Maltese Inland Revenue June 19 announced the July 15 extended deadline for the manual filing of income tax returns for individuals. The announcement also includes the July 31 deadline ...
The Sri Lankan Inland Revenue June 20 announced the June 30 deadline for: 1) making final payments for VAT on financial services (FS) for the taxable period 2023-2024; 2) filing ...
The Latvian Official Gazette June 20 published a law transposing specific measures of EU Directive 2022/2523, on ensuring a global minimum tax rate of 15 percent for multinational enterprise (MNE) ...
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