Tag: tax

• Tuesday, April 13th 2021 - 08:58 UTC

  Guterres endorses millionaire's tax to help fight covid-19

  

  UN Secretary-General António Guterres Monday agreed with several world leaders on the convenience to tax the wealthiest, so that States have more resources to support the vulnerable population which has been severely affected by the coronavirus pandemic.

• Thursday, September 10th 2020 - 09:01 UTC

  France accuses the US of undermining talks to update digital age taxation

  

  France accused the United States on Wednesday of seeking to undermine international talks to update cross-border taxation for the digital age and urged Europe to prepare an EU tax if the negotiations fail.

• Monday, February 4th 2019 - 08:57 UTC

  GM plans to invest US$ 2.5bn over three years in Brazil in return for tax breaks

  

  Automaker General Motors Co is in talks to invest 9 billion reais (US$ 2.5 billion) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives, newspaper Valor Economico has reported.

• Tuesday, January 2nd 2018 - 11:13 UTC

  Panama Papers enable tax authorities worldwide to recoup US$ 500 million

  

  More than US$500 million has been recouped by tax authorities worldwide after the Panama Papers revelations, first published in April 2016. Spain alone collected US$122 million after an investigation into the affairs of tax residents who had stockpiled money offshore. Among the countries represented in the Panama Papers data, a total of 15 – on three continents – have publicly commented on the amount of taxes recovered by tax authorities.

• Saturday, December 23rd 2017 - 12:29 UTC

  Trump boasts his Xmas present: the US$ 1.5tn tax overhaul law as promised

  

  US President Donald Trump signed Republicans’ massive US$1.5 trillion tax overhaul into law, cementing the biggest legislative victory of his first year in office, and also approved a short-term spending bill that averts a possible government shutdown. Trump said he wanted to sign the tax bill before leaving Washington for his Mar-a-Lago estate in Florida, rather than stage a more formal ceremony in January, so he could keep his promise to finish work before Christmas.

• Monday, August 23rd 2010 - 04:23 UTC

  Uruguay completes twelve OEDC tax information exchange agreements

  

  Uruguay reached this month a tax information exchange agreement with India thus totalling the twelve demanded by the Organization for Economic and Development Cooperation to have the country de-listed from the group that still have to abide and implement internationally agreed tax standards.

• Thursday, August 5th 2010 - 09:09 UTC

  Obama administration wants to end Bush era tax cuts for the rich

  

  The George Bush administration's “misguided” policies are to blame for huge US budget deficits, Treasury Secretary Timothy Geithner charged as he sought to build an election-year case for ending tax cuts for the wealthiest US citizens.