Temu, Shein and other companies are set to be affected by handling fees for non-EU small packages from November 1. The fee will be charged in addition to a customs tax on such items that...
The taxation of share buybacks in India has taken yet another turn, but this time, the direction appears deliberate and balanced. In Budget 2026, Finance Minister Nirmala Sitharaman proposed a return to capital gains taxation...
Civic bodies have long used property tax amnesty schemes as short-term remedies to encourage taxpayers to settle outstanding liabilities. By offering partial or complete waivers on interest and penalties, tax amnesty programs emerged as a...
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...
