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15 Jun 21
Muhammad Afnan Alam explores the G7 commitment to push for at least a 15% global minimum rate of corporation tax.
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10 Jun 21
Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
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8 Jun 21
Stuttering tax reforms in Colombia need to raise more money than planned if they are to bring debt to a level conducive to a strong economic environment, a government advisory committee has concluded.
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7 Jun 21
A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
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4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
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4 Jun 21
A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
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2 Jun 21
The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
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28 May 21
African countries have been urged to step up cooperation on tax to raise money needed to support their economies through the economic crisis caused by Covid-19.
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21 May 21
Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
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18 May 21
The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
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11 May 21
Inheritance tax could play a greater role in addressing inequality and dealing with the public finance pressures of Covid-19, the OECD has said.
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4 May 21
A tax on Argentina’s richest citizens collected 223bn pesos (£1.7bn) for the struggling government to spend on its ongoing response to the pandemic.
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4 May 21
Tanzania’s president has cut income tax to help workers deal with the economic effects of Covid-19 but refused to increase public sector pay, which has remained static for nearly six years.
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4 May 21
Colombia’s finance minister Alberto Carrasquilla announced his resignation yesterday, after controversial tax reforms were scrapped following civil unrest.
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30 Apr 21
Low income and developing countries need to increase taxes by up to seven percentage points relative to GDP to help meet the UN’s Sustainable Development Goals, according to an IMF report.
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30 Apr 21
The rate at which wages are taxed effectively fell last year by the largest amount since the global financial crisis, according to the OECD.
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30 Apr 21
A decade of austerity means a new era of higher taxes could loom for some governments picking up the pieces after Covid-19.
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22 Apr 21
Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
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20 Apr 21
Proposed tax reforms will be critical to ensuring Colombia’s debt levels are stabilised in the medium-term, according to ratings agency Fitch.
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19 Apr 21
A small ‘wealth tax’ on stocks of giant companies could raise $180bn each year and address problems that have been exacerbated by the pandemic, a French economist has said.
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14 Apr 21
Ecuador’s election winner Guillermo Lasso has said he will revive the country’s struggling economy by eliminating the deficit within his term.
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7 Apr 21
A worldwide agreement on taxing multinational companies appears closer after the US signalled its support for a minimum global rate of corporation tax, European finance ministers have said.
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30 Mar 21
The US is preparing to retaliate over six countries’ digital taxes because they “discriminate” against American companies.
15 Jun 21Muhammad Afnan Alam explores the G7 commitment to push for at least a 15% global minimum rate of corporation tax.
10 Jun 21Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
8 Jun 21Stuttering tax reforms in Colombia need to raise more money than planned if they are to bring debt to a level conducive to a strong economic environment, a government advisory committee has concluded.
7 Jun 21A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
4 Jun 21Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
4 Jun 21A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
3 Jun 21The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
2 Jun 21The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
20 May 21The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
18 May 21The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
4 May 21A tax on Argentina’s richest citizens collected 223bn pesos (£1.7bn) for the struggling government to spend on its ongoing response to the pandemic.
4 May 21Tanzania’s president has cut income tax to help workers deal with the economic effects of Covid-19 but refused to increase public sector pay, which has remained static for nearly six years.
4 May 21Colombia’s finance minister Alberto Carrasquilla announced his resignation yesterday, after controversial tax reforms were scrapped following civil unrest.
30 Apr 21The rate at which wages are taxed effectively fell last year by the largest amount since the global financial crisis, according to the OECD.
30 Apr 21A decade of austerity means a new era of higher taxes could loom for some governments picking up the pieces after Covid-19.
22 Apr 21Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
14 Apr 21Ecuador’s election winner Guillermo Lasso has said he will revive the country’s struggling economy by eliminating the deficit within his term.
