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Climate-threatened Bangladesh to impose carbon tax in June

DHAKA (Thomson Reuters Foundation) - Bangladesh is set to impose its own carbon tax on fuel next month – despite the hugely climate-vulnerable country producing relatively tiny per capita emissions.

U.S. top court rejects challenge to state retroactive tax changes

WASHINGTON The U.S. Supreme Court on Monday declined to hear a challenge by several major corporations to a Michigan law that retroactively changed the way businesses are taxed in the state, leading to $1 billion extra for government coffers.

May 22 2017

Supreme Court rejects challenge to state retroactive tax changes

WASHINGTON The U.S. Supreme Court on Monday declined to hear a challenge by several major corporations to a Michigan law that retroactively changed the way businesses are taxed in the state, leading to $1 billion extra for government coffers.

May 22 2017

U.S. top court rejects challenge to state retroactive tax changes

WASHINGTON, May 22 The U.S. Supreme Court on Monday declined to hear a challenge by several major corporations to a Michigan law that retroactively changed the way businesses are taxed in the state, leading to $1 billion extra for government coffers.

May 22 2017

Agreement on European transaction levy within reach: Austria's Schelling

ZURICH Agreement on a European tax on financial transactions is within reach as more countries sign up for the plan and the new French government gives it a final review, Austrian Finance Minister Hans Joerg Schelling said on Sunday.

May 21 2017

India's new sales tax leaves service providers worried

NEW DELHI India on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts said could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy.

May 19 2017

U.S. executives tell Congress they want permanent tax reform

WASHINGTON Wall Street and corporate executives urged lawmakers on Thursday to pursue a permanent tax reform package that avoids expanding the federal deficit as a way to drive U.S. economic growth, investment and job creation.

May 18 2017

Treasury's Mnuchin says still hopes for tax reform this year

WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Thursday that he still believes the Trump administration can get tax reform completed this year.

May 18 2017

India finalizes tax rates for goods and services

NEW DELHI India on Thursday finalised tax rates that will apply to different goods and services under a new sales tax which New Delhi aims to roll out from July 1.

May 18 2017

Australian tax chief faces charges after son's cars, guns and money fraud romp

SYDNEY One of Australia's top anti-fraud tax officials faces charges after his son and eight friends were arrested in raids that netted cash, luxury cars, two small planes, guns and vintage wine in a A$165 million tax fraud, police said on Thursday.

May 18 2017

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