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France plans to scrap 1 billion euros of tax breaks for companies

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PARIS France plans to scrap 1 billion euros ($1.1 billion) of tax breaks for companies to help fund a pledged 5-billion-euro reduction in personal income taxes, Budget Minister Gerald Darmanin said on Sunday.

EU tries to revive plan for financial transaction tax

LUXEMBOURG European Union finance ministers have discussed on Friday a plan for a 0.2% tax on shares, which Germany sees close to be agreed, although further work remains to be done.

Jun 14 2019

China's premier says will continue implementing tax, fee cuts: state TV

BEIJING China's Premier Li Keqiang said on Tuesday the government will continue to implement large-scale cuts in taxes and fees, state television said.

Jun 11 2019

UK's PM candidate Johnson plans tax cuts: Telegraph

LONDON Boris Johnson, the front-runner to become Britain's next prime minister, said on Sunday he wanted to cut business taxes and relieve the income tax burden on some workers.

Jun 09 2019

G20 agrees to wrap up Big Tech tax rules by 2020

TOKYO Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday.

Jun 09 2019

G20 agrees to push ahead with digital tax: communique

FUKUOKA, Japan Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc's draft communique obtained by Reuters showed. | Video

Jun 08 2019

States sharing bank details expose 'deep pool' of offshore money: OECD

PARIS Governments have uncovered trillions of dollars in offshore funds since they began sharing in bulk bank account details last September, the Organisation for Economic Cooperation said on Friday.

Jun 07 2019

UK PM candidate Hancock vows tax cut for small retailers funded by new Amazon tax: The Telegraph

British health minister Matt Hancock, who is a candidate for prime minister, has vowed to "level the playing field" by scrapping the business rates for small retailers while hitting tech giants with the new Amazon tax, The Telegraph reported on Thursday.

Jun 06 2019

Japan to explain need for planned tax hike to G20 members: government spokesman

TOKYO Japan will explain to G20 members its plan to proceed with a planned sales tax hike in order to fund social security for all generations, the top government spokesman said on Thursday.

Jun 06 2019

Italy's League says will scrap Renzi's 80-euro 'bonus' in tax reform

ROME Italy's ruling League party will scrap an 80-euro ($90) per month hand-out for low-earners as part of a sweeping simplification of the tax system it plans to adopt in next year's budget, the party's economics chief said.

Jun 05 2019

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