Tax News
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Market Rout Reignites Concerns Over South Korea Investment Tax
A stock market rout that wiped $140 billion off South Korea's KOSPI index on Monday may accelerate the government's efforts...
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Festive mischief makers can now book a night in the 'Home Alone' house
Nothing says Christmas like reruns of Home Alone. But instead of living vicariously this holiday season, fans of the classic...
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Elon Musk sells another $1.05bn worth of Tesla stocks to fulfil Twitter vow
After a few days’ break, Elon Musk resumed selling shares in Tesla and has come more than halfway to making...
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Abu Dhabi Ports Group's nine-month revenue rises 22% in 2021
Abu Dhabi Ports Group, the operator of industrial cities and free zones in the emirate, reported a 22 per cent...
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India cuts fuel taxes as prices hit record highs
India has cut the taxes paid by consumers on petrol and diesel after the surging cost of crude oil pushed...
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China could widen property tax trial
China could expand pilot testing of a property tax to Zhejiang province, a former government expert was quoted as saying...
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Yellen confident Congress will pass minimum global corporate tax
Treasury Secretary Janet Yellen said on Sunday she was confident the US Congress would approve legislation to implement the global...
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Irish tech sector weighs up implications of global tax plan
The day after Ireland backed plans for a minimum global corporation tax of 15 per cent, tech firms lured to...
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Global tax deal seeks to end havens, criticised for 'no teeth'
A group of 136 countries on Friday (Oct 8) set a minimum global tax rate of 15 per cent for...
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European banks still booking profits in tax havens: report
Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little...
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Carbon taxes could hurt Russia more than sanctions: report
Igor Sechin, chief of oil giant Rosneft, has told the Kremlin that carbon border taxes like the European Union's could...
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130 countries back global minimum corporate tax of 15%
Some 130 countries have agreed on a global minimum tax backed by US President Joe Biden as part of a...
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Make a 2-year survival arrange for businesses
The government should make a two years' survival arrange for businesses, outlining different recovery guidelines, to guard the country's trade...
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Recruiting agencies face higher AIT: Tax burden could be pushed onto migrant workers
Recruiting agencies will have to pay higher advance income tax (AIT) on service charges or costs they earn from migrant...
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Tax benefit to spur growth of oceangoing shipping sector
Bangladesh's fleet of oceangoing vessels is likely to expand in the coming years following the National Board of Revenue eased...
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Steel prices unlikely to cool-down despite source tax cut
The cut in source tax in the proposed spending budget may well not bring down the cost of steel, meaning...