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Wednesday, July 8, 2020
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Tax

Supermodel Bar Refaeli signs plea bargain for tax evasion

Israeli model Bar Refaeli has signed a plea bargain agreement to settle a long-standing tax evasion case against her and her family. The deal will...

Latest US and Chinese tariff hikes take effect in trade war

The United States and China have gone ahead with their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some...

Trump vows to retaliate against French digital tax

US President Donald Trump has promised to retaliate against France for adopting a pioneering tax on internet giants such as Google, Amazon and Facebook. He...

New EU legislation aims to stop companies taking advantage of tax loopholes

The EU has introduced new rules to stop large multi-national companies avoiding tax. From Tuesday, every member state will apply new measures aimed at cracking...

Despite bellyaching, no surprise Apple pays the bulk of tax to the US

The taxation of multinational companies continues to generate headlines. For various reasons the focus is on US technology companies and, within that group, the primary...

Donald Trump plans to cut corporate tax rate to 15% ‘this year’

White House administration officials said that action on other key tax code elements would ensure the plan would largely help the middle class instead...

Apple shares drop after EU ruling

Apple shares were down after the tech giant was slapped with a €13bn tax bill by European Union regulators today. The company's Nasdaq-listed shares were...

Hillary Clinton attacks Donald Trump’s tax cut plans

Hillary Clinton has shrugged off Donald Trump's latest campaign shake-up, saying he is the "same man" who would cut taxes for rich people while...

Trump’s economic speech in Detroit interrupted by hecklers

Donald Trump has been interrupted by protesters just minutes into a major economic policy speech in Detroit. Security removed two women who stood up and...

Google’s Madrid office searched by tax inspectors

Spanish tax inspectors have been authorised to enter Google's offices in Madrid as part of an investigation. A statement from Google said the company is...

Latest news

Brazil’s president Jair Bolsonaro tests positive for Covid-19

Brazil’s president Jair Bolsonaro says he has tested positive for Covid-19 after months of downplaying the severity of coronavirus. Mr Bolsonaro confirmed the test results...

EU forecasts deeper economic hit from coronavirus pandemic

The European Union’s executive arm has forecast that the bloc’s economy will contract more than previously expected because of the coronavirus pandemic. The 27-nation EU...

Deutsche Bank agrees to payout for Epstein dealings

Deutsche Bank has agreed to pay 150 million dollars (£119 million) to settle claims it broke compliance rules in its dealings with the late...

Serbia reintroduces lockdown after highest daily Covid-19 death toll

Serbia’s president announced the reintroduction of a lockdown after the Balkan country reported its highest single-day death toll from coronavirus. President Aleksandar Vucic called the...

Prime Minister urged not to break ties with China amid pressure over Huawei role

UK Prime Minister Boris Johnson’s government has been urged not to put relations with China on ice after the Asian powerhouse was accused of...
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