Tag: tax
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Exclusive-Japan eyes tax breaks for non-core business sales in governance reform push, sources say
TOKYO, Aug 25 : Japan’s government is considering tax breaks on gains from sales of non-core businesses, a move that could accelerate long-delayed corporate restructuring and spur industry consolidation, two people with knowledge of the matter said.The plan would remove a major obstacle to companies shedding
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‘Reasonable’ or a ‘hit list’ – New Yorkers react to rollout of Mamdani’s tax on second homes
A list of expensive New York homes has sparked a controversy as Mamdani implements a second home tax.
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France to use AI tools to test cybsecurity vulnerabilities after tax agency hacking
PARIS, Aug 18 : French budget minister David Amiel said on Tuesday that his ministry will use artificial intelligence tools to test government agencies’ cybsecurity vulnerabilities after a broad hacking of the country’s tax agency was disclosed last week.The data of about 700,000 taxpayers were stolen in a cy
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Malaysia considering consumption tax reform: Prime Minister Anwar
Malaysia previously scrapped the goods and services tax amid an outcry over rising living costs.
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Nigeria’s plan to tax crypto transactions could undermine adoption, industry says
LAGOS, Aug 6 : Nigeria has introduced stamp duty on certain crypto transactions and withholding taxes that industry players say could undermine adoption of digital assets in one of the world’s most active retail crypto markets.The tax authority released rules for cryptocurrencies, stablecoins, non-fungible to
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Bank of Japan’s ETF holdings may help fund tax cut, LDP executive says
TOKYO, Aug 6 : Tapping the Bank of Japan’s holdings of exchange-traded funds (ETF) may be an option to fund a planned sales tax cut, a ruling party executive said in a recent online programme, a sign its vast asset holdings could come under the political spotlight.The government on Wednesday signed off on Pri
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Japan PM vows to proceed with temporary cut in sales tax
TOKYO, July 30 : Japanese Prime Minister Sanae Takaichi announced her intention to proceed with a sharp two-year cut on an 8 per cent sales tax on food items, a senior ruling party official said on Thursday, a move set to strain the country’s worsening finances.In a meeting with ruling party executives, Takai
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Germany news: Fuel tax relief will not be extended
The tax relief was introduced to mitigate the impact of the Iran war on German consumers but it expired at the end of June. Meanwhile, the story of Timmy the Whale continues with new DNA results. Follow DW for more.
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Germany cracks down on money laundering, tax fraud
The German government plans to crack down on tax fraud, money laundering and illegally acquired assets with more audits and stiffer penalties.
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Judge voids Donald Trump’s ‘improper’ $1.8b IRS settlement that gave him immunity from tax audits
The judge said the suit was brought for ‘improper purposes’ and referred a Trump attorney for possible disciplinary action.
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