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Unilever would scrap HQ move if Dutch 'exit tax' law enacted


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.

Russia proposes changing tax agreement with Netherlands, eyes 15% dividend tax

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.

Aug 05 2020

SoftBank under-reported income by $380 million: source

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.

Aug 03 2020

UK working on 'a range of measures' for aviation: transport secretary

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.

Jul 22 2020

South Korea scales back capital gains tax on stocks, hikes income tax for top earners

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.

Jul 22 2020

UBS will no longer be able to contest client data sent to France tax authorities: Swiss court

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.

Jul 15 2020

France to cut business taxes by 20 billion euros over two years

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.

Jul 15 2020

Blow for EU as Apple wins fight against $15 billion tax order

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

Jul 15 2020

Crunch time for Apple in fight against $15 billion EU tax order

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.

Jul 14 2020

Ruling in EU Apple tax case due next Wednesday: Ireland

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.

Jul 08 2020

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