Tax
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Business
UK’s new govt makes major tax U-turn after uproar
Britain’s beleaguered finance minister on Monday announced a dramatic U-turn on a tax cut announced as part of an economic…
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Business
UK’s opposition Labour vows to reverse tax cut for richest
London: The leader of the UK’s main opposition party on Sunday vowed to reverse a tax cut for top earners…
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World
US lawmakers pass landmark climate, tax plan
WASHINGTON: US lawmakers on Friday adopted President Joe Biden’s sprawling climate, tax and healthcare plan-a major win for the veteran…
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Business
Democrats mull tax on assets of US billionaires
WASHINGTON: US President Joe Biden’s Democratic allies are considering imposing a tax on the wealthiest Americans, a longstanding goal of…
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Business
China to expand property tax trial to check speculation
BEIJING: China is set to expand pilot property tax reforms, state media reported, as the government battles real estate speculation…
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Business
OECD hails ‘major victory’ as tax holdouts join reform
PARIS: A global push to enact a minimum international tax on big corporations moved closer to reality as one of…
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Business
Afghan merchants fear for future amid rise of costs
KABUL: Merchants in the historic Afghan trading city of Herat fear for their future after being hit by Taleban tax…
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Business
Samsung heirs to pay billions in tax, donate artworks
SEOUL: The heirs to South Korea’s Samsung group announced their plans to pay more than $10 billion in death duties…
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Business
OECD: Global deal on taxing tech giants still beyond reach
PARIS: The 137 nations trying to hammer out a new global standard for taxing multinational tech firms will not secure…
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Business
Australia tips into record deficit as govt cuts tax, boosts jobs support
Australian Prime Minister Scott Morrison speaks at Admiralty House in Sydney in this February 28, 2020 file photo.– Reuters SYDNEY:…
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