TOKYO Japan's government will set up a panel to discuss ways to mitigate the impact next year's scheduled sales tax would have on the economy, Chief Cabinet Secretary Yoshihide Suga said on Friday.
SYDNEY Australia's government will investigate the country's taxation body after former staffers of the revenue-raising institution told local media it unscrupulously targeted individuals and small businesses to meet budgetary targets - allegations the tax office denies.
COPENHAGEN Denmark's tax authorities are demanding nearly 1,200 former Uber drivers to pay an additional $1.9 million in taxes for 2014 and 2015, after finding tax avoidance among close to all the drivers controlled.
JAKARTA Indonesia's tax office plans to spend hundreds of millions of dollars to update its outdated technology to boost low tax compliance and raise revenue collection in Southeast's largest economy, the country's tax chief told Reuters.
BEIJING China will offer preferential tax rates to generic drugmakers, setting corporate income tax for qualified high-tech firms at 15 percent, China's cabinet said in a policy document on Tuesday.
MUMBAI/NEW DELHI India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world's second-biggest smartphone market.
JAKARTA Indonesia will unveil a simplified scheme for tax holidays next week and state oil firm PT Pertamina should be among the first to benefit, government officials said.
BEIJING China will lower the value-added tax rate on the manufacturing, transportation, construction, telecommunication and agricultural sectors from May 1, state radio reported, citing a cabinet meeting.
SYDNEY Australian Prime Minister Malcolm Turnbull has been forced to delay introducing a bill to cut corporate tax due to a lack of Senate support, denying him a much-needed political victory as he struggles with poor polling a year from an election.
LONDON A former Facebook operations manager told a British parliamentary committee on Wednesday that data harvesting of member profiles by outside software developers was once routine and that the company took years to clamp down on the practice.
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