AMSTERDAM Anglo-Dutch consumer goods company Unilever said in a filing on Monday that a plan to unify its headquarters in London and scrap its Dutch base might not go ahead - if a law enacting an "exit tax" in the Netherlands is enacted.
MOSCOW Russia's finance ministry on Wednesday proposed revising its bilateral tax agreement with the Netherlands, as Moscow looks to increase tax revenues on capital outflows to boost state coffers in the wake of the coronavirus pandemic.
TOKYO SoftBank Group Corp under-reported income to Japan's tax authorities by around 40 billion yen ($380 million) in the financial year ended March 2019, a person with knowledge of the matter said, requiring the conglomerate to resubmit filings.
LONDON Britain is working on additional measures to help an aviation sector battered by the COVID-19 pandemic, Transport Secretary Grant Shapps said on Wednesday when he was asked if air passenger duty tax could be lowered.
SEOUL South Korea on Wednesday scaled back plans to impose capital gains taxes on stock investments in response to complaints by retail investors, but said it will hike taxes for top earners as part of changes in its annual tax code revision.
ZURICH UBS will no longer be informed or be able to contest customer data the Swiss tax authorities hand over to counterparties in France investigating alleged tax avoidance, a Swiss court said on Wednesday.
PARIS The French government will cut taxes French companies have to pay in addition to normal corporate income tax by 20 billion euros ($22.8 billion) over the next two years, Finance Minister Bruno Le Maire said on Wednesday.
LUXEMBOURG/DUBLIN Apple scored a major win on Wednesday as Europe's second-highest court rejected an EU order for the iPhone maker to pay 13 billion euros ($15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals. | Video
BRUSSELS/DUBLIN Apple's clash with EU competition regulators comes to a head on Wednesday as Europe's second-highest court rules on whether it has to pay 13 billion euros ($15 billion) in Irish back taxes, a key part of the EU's crackdown against sweetheart tax deals.
DUBLIN The European Union's second highest court will next week rule in an appeal by Apple and Ireland against an EU ruling for the U.S. company to pay 13 billion euros ($16 billion) in back taxes, the Irish government said on Wednesday.
- Financial: ANALYSIS-China's debt collectors flourish as consumers flounder in a COVID-hit economy
- Technology: Facebook, Snap held talks to buy TikTok rival Dubsmash- Information
- Healthcare: UPDATE 2-EssiLux case puts $8.5 billion GrandVision takeover in doubt
- Consumer: Kodak raised spending on lobbying government in months before loan awarded
- Energy: Australian state grants Whitehaven's controversial coal mine expansion
- Industrials: EXCLUSIVE-Chilean regulator preps sweeping Atacama review as it abandons SQM legal battle
- M&A: UPDATE 1-Lanxess exits leather chemicals business to cut auto industry dependence
- Bankruptcy: Off-price retailer Stein Mart files for Chapter 11 bankruptcy protection
- IPOs: UPDATE 1-Rolls-Royce finds cracks in small number of Trent XWB engines
- Private Capital: INSIGHT-European battery makers power up for a green recovery
- Hedge Funds: Hedge fund manager Singh calls Trump's handling of coronavirus 'an incredible gift'