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22 Mar 21
Hong Kong will remain a ‘tax haven’ according to one of the city’s top officials, amid concerns surrounding a fiscal deficit caused by Covid-19 and tensions with mainland China.
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16 Mar 21
Malaysia is likely to become a high-income economy between 2024 and 2028 but must ensure its development is sustainable, the World Bank has said.
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8 Mar 21
Two experts take opposing stances on the merits of a targeted tax on the rich, following a UK Commission finding a one-off wealth tax would help the country recover from the pandemic.
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4 Mar 21
A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
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3 Mar 21
Denmark’s tax agency is to boost the number of staff working on tax avoidance by 1,000 over the next three years, it announced this week.
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2 Mar 21
The billions of dollars governments lose to tax abuse, corruption and money laundering could be used to fight the global challenges of our age, a UN panel has said.
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9 Feb 21
As the world looks ahead towards the end of the Covid-19 crisis, whenever that might come, it is time to reflect on the role taxes can play in rebuilding our economies, argue Pascal Saint-Amans and...
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29 Jan 21
The new US administration is likely to cooperate with other countries in finding a solution to the issues around international corporation tax, German finance minister Olaf Scholz has said.
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26 Jan 21
More efficient energy policies could generate revenue worth around 1% of GDP for developing countries, the OECD has claimed.
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12 Jan 21
Pakistan has launched a digital payment system it hopes will improve economic inclusion and increase its relatively miniscule tax collection.
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8 Jan 21
Tariffs on French goods such as champagne, cheese and designer handbags will not be imposed by the US government as planned this week – a move that was intended as retaliation against France’s...
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6 Jan 21
Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
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8 Dec 20
Argentina will introduce a tax on the wealthiest 0.8% of its population to pay for its pandemic spending.
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25 Nov 20
A political standoff with the Israeli government has combined with Covid-19 and a pre-existing economic slowdown to leave the Palestinian Authority struggling, the World Bank has said.
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17 Nov 20
Germany’s inaction in fighting fraud in online sales has been blasted as “incomprehensible” by the country’s state audit office president – given the amount of money spent over the internet.
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9 Nov 20
San Francisco will tax “overpaid” executives to pay health workers, after city residents voted through a series of measures targeting businesses and property owners.
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5 Nov 20
A rare drop in corporation tax receipts in Ireland shows they cannot be relied upon in the future, the Irish finance minister has said.
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26 Oct 20
“Unfair” global tax rules mean 20 developing countries miss out on as much as $2.8bn in tax from just three companies, campaigning organisation ActionAid has said.
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23 Oct 20
The Omani Sultan has approved a medium-term fiscal plan in the hope of balancing the country’s public finances and decreasing its dependence on oil revenue.
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14 Oct 20
Ireland expects its corporation tax yield to rise again this year, despite the backdrop of the global recession caused by Covid-19, an official document has revealed.
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12 Oct 20
Global efforts to reform the way giant digital businesses are taxed will stretch into 2021, after political differences and Covid-19 slowed negotiations.
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1 Oct 20
More than $500m of additional revenue has been secured for developing countries in the past five years through a joint OECD and United Nations tax initiative.
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18 Sep 20
New Jersey has adopted a so-called ‘millionaires tax’ in light of the fiscal pressures of Covid-19.
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4 Sep 20
Raising taxes too quickly would risk harming countries’ economic recovery from the effects of Covid-19, the OECD has warned.
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18 Aug 20
Denmark will tax banks and its richest citizens to pay for an early retirement scheme for physical labourers.