The yen strengthened after falling to a seven-year low against the dollar as demand for safer assets revived following a report that showed Japan’s economy unexpectedly sank into a ... Read More
A deal between Starbucks Corp’s (SBUX.O) and Dutch authorities may be illegal state aid as it allows the world’s biggest coffee chain to make payments on a lower corporate income tax ... Read More
China will waive capital-gains taxes for foreign stock investors using the Shanghai-Hong Kong (HSCEI) bourse link, clarifying its rules three days before the program’s debut provides unprecedented access to mainland shares. Chinese individuals ... Read More
THE LABOUR Party yesterday pledged to double the fines on people who aggressively avoided tax, if it won the next election. Shadow chancellor Ed Balls said this would be ... Read More
When CFOs and accounting standard-setters refer to the “users” of corporate 10-Ks, they usually mean investors, research analysts and rival companies. But new research suggests that another kind of ... Read More
If you have a bank account anywhere outside the U.S., chances are you will receive a letter saying that your bank must hand over the details of any American ... Read More
The first batch of avoidance experts who could be both publicly denounced by HM Revenue & Customs and forced to reveal their clients’ names has been written to by ... Read More
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike ... Read More
A record amount of unpaid tax has been recovered from avoidance schemes, evasion and fraud by HMRC’s top team of specialist investigators – up by almost a quarter in ... Read More
The European Commission has not yet formed an opinion on two contested tax rulings provided by the Luxembourg Government to multinational companies, and it has yet to formally respond ... Read More
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