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France Aims to Plug Pension Gap With Tax Increase 27 Aug 2013 | 04:41 pm

PARIS—France’s government said Tuesday that it would plug a widening shortfall in the country’s generous but underfinanced pension system mainly by increasing payroll taxes, reigniting a row over Fran...

‘Backdoor mansion tax’ on £2m homes could treble council bills 27 Aug 2013 | 04:37 pm

Members of Brighton council, which is run by the Green Party, have suggested a “progressive council tax” that would result in a steep increase in local rates.

£2billion in ‘holiday tax’ just to escape Britain as those flying off are forced to pay 27 Aug 2013 | 04:33 pm

Families forking out for flights to the sun, together with all the summer clothes and travel insurance, are paying a staggering £2billion ‘holiday tax’, it is claimed.

Big rise in tax revenues as reforms kick in 27 Aug 2013 | 06:37 am

ISLAMABAD: The government, keen to show its commitment to fixing its ailing finances, on Tuesday reported a 25% rise in tax revenues since the beginning of the fiscal year due to a raft of new tax col...

China joins world anti-tax fraud effort 27 Aug 2013 | 06:32 am

China will sign the tax assistance convention with the Organization for Economic Cooperation and Development (OECD) on Tuesday, becoming the last of the Group of 20 economies to join the major interna...

IMF warns uganda against tax exemption 27 Aug 2013 | 03:01 am

THE International Monetary Fund (IMF) has warned the Government of Uganda against creating further tax exemptions that have a potential of derailing the economy. Over the last two decades, Uganda has ...

IMF study says mining taxes ‘not competitive’ 27 Aug 2013 | 02:59 am

A study conducted by the International Monetary Fund (IMF) last year showed that the existing tax structure applied in the Philippine mining industry for financial and technical assistance agreements ...

China banking on tax reforms to help transform 27 Aug 2013 | 02:58 am

Reform of the taxation system will be a topic of significant importance at the Third Plenary Session of the 18th Central Committee of the Communist Party of China (CPC) to be held in October, accordin...

Swiss government to decide soon whether to keep seeking US tax deal: top diplomat 27 Aug 2013 | 02:55 am

Switzerland will decide soon on whether to keep pursuing a tax agreement with the United States, an outgoing top diplomat said on Monday, or risk extending a long, costly dispute over banks that shelt...

For a fairer tax system, how about scrapping the profit tax? 27 Aug 2013 | 02:54 am

Hong Kong property baron may have a point in calling for switch to a dividend tax that would place burden on shareholders

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