Search Results for: tax
Workers in OECD countries pay one quarter of wages in taxes
May 4th, 2018
Workers in OECD countries paid just over a quarter of their gross wages in tax on average in 2017, with just over half of countries seeing small increases in the personal average tax rate, according to a new OECD ...
Europe’s digital tax map: Where countries stand
April 12th, 2018
The European Commission’s proposal to introduce a temporary levy to tax the revenues of digital giants is causing deep divisions between European countries, according to a POLITICO analysis of diplomatic positions. Shortly after the proposal was unveiled in late ...
EU tax moves positive step to more just world
April 2nd, 2018
As the recent scandal over Facebook and the company Cambridge Analytica has shown, many companies operating in the new “digital economy” are, essentially, extractive industries. They mine and sell data on an immense scale. The ephemeral nature of this ...
Europe plans special tax for tech giants
March 8th, 2018
Bruno Le Maire, France’s minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be revealed by European authorities. Le Maire told French newspaper Le Journal du ...
The countries with the highest and lowest environmental taxes in Europe
February 8th, 2018
Government revenues from environmental taxes amounted to €364.4 bn in 2016 in the European Union (EU), compared with €296.5 bn in 2006. Over the same period, the share of environmental taxes in total government revenues from taxes and social ...
8 countries removed from EU tax haven blacklist
January 24th, 2018
Eight jurisdictions have been removed from the EU’s list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to remedy EU concerns. Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and ...
Taxation highs and low identified in EU report on policy
January 16th, 2018
The report shows that Ireland is not a high tax country with total tax receipts as a percentage of GDP the lowest in the EU and the Effective Marginal Tax Rates lowest 1/3 in the EU Even with a ...
Shell, Barclays say US tax plan means billions in 4Q charges
December 28th, 2017
Two major European companies, oil producer Shell and Barclays bank, say the U.S. tax reform law will force them to take big charges in the last quarter of the year. Shell said Wednesday it expects to book between $2 ...
Jersey And The Isle Of Man Have Each Received High Rating In Tax Matters
November 28th, 2017
Jersey and the Isle of Man have each received the highest possible OECD rating in recognition of their compliance with global standards of information exchange in tax matters. Each jurisdiction’s tax transparency framework was subject to a peer review ...
EU commission wants ‘credible’ tax haven blacklist
November 8th, 2017
The European Commission is demanding that member states reach an agreement on an EU tax haven blacklist, in the wake of media revelations of widespread tax avoidance schemes by the wealthy elite known as the Paradise Papers. Pierre Moscovici, ...
