Tag: taxes

• Friday, July 21st 2023 - 10:28 UTC

  Brazil's gov't wants the “super rich” to pay income tax on funds abroad

  

  Brazil's Finance Minister Fernando Haddad said the federal government was considering additional taxes to the country's largest fortunes to “correct absurd things in the tax system,” it was reported. According to the former presidential candidate, the government wants to tax the “super rich” who have offshore funds or hold their investments in exclusive funds that currently do not pay income tax.

• Monday, June 5th 2023 - 13:14 UTC

  Three companies accounted for a third of all corporation tax in Ireland

  

  Three companies accounted for a third of all corporation tax collected in the Republic of Ireland between 2017 and 2021, new research suggests. The Irish Fiscal Advisory Council (IFAC) said that amounted to some US$ 6,5billion in 2021 alone and probably increased last year. Corporation tax is the tax that companies pay on their profits.

• Wednesday, October 26th 2022 - 19:26 UTC

  Argentine ruling party creates yet a new tax by a 1-vote difference referred as “the Milei tax”

  

  Argentina's Lower House passed the 2023 budget bill in the wee hours of Wednesday. Among the most significant changes was an Airport Security tax which will reportedly help support the Airport Security Police (PSA).

• Wednesday, February 23rd 2022 - 20:07 UTC

  Federal tax collection in Brazil 18.3% up in January

  

  Collection of federal taxes in Brazil has reached its peak since 1995, according to a report from the Economy Ministry released Wednesday, which showed revenues had reached R$ 235.3 billion in the month of January of 2022.

• Monday, November 8th 2021 - 09:23 UTC

  Lower export taxes on hake, squid and shrimp, as long as they are processed in Argentina

  

  The Argentine government has issued Decree 754/2021 which lowers fisheries export taxes, particularly referred to hake, shrimp and squid as long as they are processed in the country including added value, to the benefit of Argentine industry and labor.

• Tuesday, October 19th 2021 - 09:25 UTC

  Argentine Government extends tax benefits to Tierra del Fuego

  

  The Argentine government of President Alberto Fernández has extended the so-called industrial promotion regime for the Province of Tierra del Fuego, Antarctica and South Atlantic Islands (which technically includes British Overseas Territories like the Falkland Islands claimed by Argentina), it was announced.

• Monday, September 6th 2021 - 09:48 UTC

  Macri, “in Argentina if your want to make money, you must avoid paying taxes”

  

  Argentine former president Mauricio Macri in the midst of the campaign for next Sunday's political parties primary admitted during a television interview that “we are living in a country where if you want to make money, you must avoid taxes”

• Saturday, June 12th 2021 - 08:00 UTC

  Taxing corporate profits: Is change coming to the world’s economic weather?

  

  By Gwynne Dyer – It’s not Bretton Woods, but it’s a start. The decision by finance ministers from G7 countries to create a global minimum tax rate on corporate profits, and reaffirmed by world leaders meeting in Cornwall, is a step in the right direction if only a baby step. The tide was due to turn about now, according to one theory, and maybe it’s finally happening.

• Thursday, June 3rd 2021 - 08:00 UTC

  EU reaches deal on tougher tax transparency for multinationals: some US$ 150 billion at stake

  

  European Union member states and lawmakers reached a deal on tougher tax transparency measures for multinationals. The proposal comes amid increased international pressure on the issue of multinationals and tax avoidance, not least since the change of leadership in the US where many of the biggest companies are based.

• Wednesday, March 4th 2020 - 07:44 UTC

  Argentina increases soybean exports tax 10%, from 30% to 33%: small farmers will pay less

  

  Argentina raised taxes on soybean exports to 33% from the current 30%, a spokesman for the CRA confederation of farmers said on Tuesday following a meeting with government officials.