Search Results for: Tax
Bitcoin At Tax Time: What You Need To Know About Trading, Tipping, Mining And More
December 17th, 2015
If you have come into possession of Bitcoin or any other digital currency such as Ripple or Litecoin that is “convertible” to a real currency or can be used to pay for goods and services, it may seem virtual. But ...
Which of Australia’s biggest companies are not paying tax
December 17th, 2015
Out of 1539 of Australia‘s largest corporate entities, 38 per cent did not pay any tax in 2013-14. Tax Commissioner Chris Jordan has released the tax details of corporate entities with $100 million or more annual turnover – 985 of which are ...
HMRC pushes ahead with criminalising failure to prevent tax evasion
December 11th, 2015
New offence could become a ‘damp squib’ ignored by foreign companies, warns tax lawyer HMRC is to go ahead with a bid to create a new criminal offence for failure to prevent tax evasion, despite warnings of significant challenges ...
RBS pays €23.8m to settle tax evasion inquiry into Coutts’ Swiss operation
December 10th, 2015
Settlement with German prosecutors, which involves immunity for any current for former staff, is latest embarrassment for bailed-out bank Royal Bank of Scotland is paying €23.8m (£17.3m) to German prosecutors to settle an investigation into tax evasion by part of ...
ECOFIN: Main results on Tax Rulings
December 9th, 2015
The Council took a number of decisions on corporate taxation. It adopted a directive on cross-border tax rulings, which will improve transparency on tax rulings given by member states to companies about how taxation will be dealt with. Pierre Gramegna, ...
European Union Publishes the 2015 Report for Taxation trends in the European Union
December 7th, 2015
The European Commission has released a new version of its Taxation Trends in the European Union report. This report contains a detailed statistical and economic analysis of the tax systems of the Member States of the European Union, plus ...
EU Hits McDonald’s With Full-Blown Tax Investigation
December 4th, 2015
U.S. fast-food chain’s Luxembourg unit has paid ‘virtually’ no corporation tax on profits since 2009 European Union regulators confirmed Thursday they have opened a full-blown probe into McDonald’s Corp.’s tax affairs in Luxembourg, warning that a tax deal granted ...
Low Tax And good Living Tempt Expats to Gulf
December 3rd, 2015
Low taxes and a quality lifestyle are attracting expats to extend their stays in Gulf state countries, according to a new study. Although tax and money are important to expats, all-year sunshine and an upmarket lifestyle are also benefits ...
Economic affairs MEPs ask EU Commission to table corporate tax measures
December 2nd, 2015
The EU Commission is asked to table measures to improve corporate tax transparency, coordination and EU-wide policy convergence in legislative recommendations voted by the Economic and Monetary Affairs Committee on Tuesday. These recommendations build on the work of Parliament’s ...
Chinese stocks rally on rumored mortgage tax break
December 2nd, 2015
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
