The Union Budget for 2025-26, presented on February 1, 2025, has sparked considerable interest and debate among various stakeholders, including individuals, businesses, and government entities. This budget aims to address the pressing economic challenges while...
Claiming unfair treatment for American companies Donald Trump has left the OECD’s global tax deal negotiations by executive order. Without the deal, countries could opt for “digital service taxes” of their own. Newly inaugurated US President...
Most governments agree that companies must stop using tax loopholes to avoid paying their fair share. But coming together on a global level to make this happen seems to still be out of reach. Many...
A string of record-breaking profit reports from the world’s largest oil companies has raised eyebrows, given that consumers around the world are grappling with a worsening energy crisis. The global energy crisis and high inflation...
China has long considered imposing a property tax nationwide to control the country’s property bubble and curb excessive housing speculation. The top decision-making body of the National People’s Congress, China’s parliament, on Saturday announced that...
Ireland has long been seen as an outlier on corporation tax, particularly in the European Union. But suggestions it is willing to increase its rate comes as pressure mounts on Dublin to fall in line...
International tax rules do not accurately reflect Big Tech’s global economic presence, a human rights group has concluded. A global minimum tax rate could help discourage tax dodging. G20 countries are losing out on as...
Last week Ireland welcomed a court ruling that denied it more than €14 billion of Apple money in back taxes. It has brought its tax regime into sharp focus, but the problem is global as...
The recently presented Budget by the finance minister for the financial year 2020-21 has puzzled income-tax payers guessing their tax liability. The new rates have also led to wide ranging discussions amongst policy makers from...
The budget for the financial year 2020-21 (FY21) was the most difficult in a decade. Seeing the historical slowdown in the major sectors of the economy, the task to revitalize the lost glory was not...
In early December, Economy Minister Bruno Le Maire said France would give the EU until March to come up with a deal on taxing US internet giants. But ten days later he announced the tax...
The US has approved the largest rewrite of the US tax code in more than 30 years. The House of Representatives, which had already passed an earlier draft, is expected to give its final approval...