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11 Apr 16
Sub-Saharan African companies that make use of tax havens are a top destination for World Bank money, analysis by Oxfam has revealed.
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8 Apr 16
The European Commission has announced plans to modernise and simplify the EU-wide VAT system, make it more fraud proof, and hand greater control of the tax back to member states.
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5 Apr 16
International Monetary Fund managing director Christine Lagarde has reiterated calls for a multifaceted approach to counter the weakening global economy amid warnings it is becoming stuck in a “new...
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5 Apr 16
Substantial levels of corruption tied to foreign interests are flying too far under the radar in Africa, according to a United Nations report, which calls for new forms of measurement to capture the...
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1 Apr 16
Tax revenues in some African countries have risen by up to almost 7% since 2000, making a key contribution to economic development, the OECD has found.
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29 Mar 16
Auditors in the United States have raised concerns about the Internal Revenue Service’s handling of financial and taxpayer data, warning that both the confidentiality and integrity of sensitive...
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24 Mar 16
The OECD should no longer be responsible for undertaking reviews of the global tax system, a UK parliamentary group examining changes to the international taxation has been told.
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24 Mar 16
The International Monetary Fund has praised the Bahamas for the successful implementation of a new value added tax (VAT), which has brought more than $500m for the government in the last fiscal year.
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24 Mar 16
The Africa Tax Symposium will take place in Entebbe, Uganda, from 4-6 May, it has been announced.
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22 Mar 16
Poland’s economy has made “remarkable progress” over the last 20 years and living standards are now converging with those in other high-income countries, however, the OECD said wide-ranging tax...
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18 Mar 16
Tax revenues in Latin American and Caribbean countries are still well below the OECD average, despite a slight rise in 2014, an analysis has found.
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16 Mar 16
The “shameless” practice of shifting profits to tax havens is rife among France’s ‘big five’ banks, a report published today by Oxfam and two French charities has found.
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15 Mar 16
Government spending in Indonesia is driving a modest pick-up in growth but a more solid recovery will depend on private sector investment, the World Bank has said.
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9 Mar 16
The European Council has announced it will support a directive strengthening European Union rules to prevent corporate tax avoidance.
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7 Mar 16
Reforming Serbia’s expensive public sector will be key to accelerating the country’s accession to the European Union, the World Bank regional vice president has said.
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7 Mar 16
Risks to Belgium’s economy “loom large”, with high public debt, severe labour market fragmentation and “tenuous” fiscal sustainability threatening growth, the International Monetary Fund has warned.
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4 Mar 16
Game-changing reforms will be needed to face the global challenge of ageing populations and shrinking labour forces, International Monetary Fund managing director Christine Lagarde has said.
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3 Mar 16
Inconsistent and inadequate data and tools are hampering the European Union’s ability to counter intra-community VAT fraud, which costs the bloc at least €60bn every year, auditors have warned.
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29 Feb 16
The Indian government has unveiled its 2016/17 budget, prioritising more support for the rural poor, infrastructure and recapitalisation of the country’s banks.
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25 Feb 16
Nigeria will need to curb government spending and implement structural reforms if its economy is to rebound from collapsing oil prices, the International Monetary Fund has said.
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23 Feb 16
Public sector accountability will be key in determining how well and how quickly Myanmar can progress towards shared development and prosperity, the World Bank has said.
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22 Feb 16
Much more work needs to be done to forge an international tax system that is fair, works for all economies and is fit for the 21st century, International Monetary Fund managing director Christine...
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17 Feb 16
A new trade agreement proposed between the United States and the European Union could allow corporations to effectively sue governments who try to collect tax on their profits, campaigners have...
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16 Feb 16
Sri Lanka’s “chronic” revenue shortfalls must be addressed and its economy must become more competitive and inclusive if poverty is to be reduced, the World Bank has said.
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16 Feb 16
Iranian hotels will benefit from tax breaks for up to 10 years as part of efforts to stimulate the country’s tourism industry following the lifting of sanctions.