corporate-tax
HeadlinesUK's Starmer Seeks to Reassure Business on Commitment to Generating Growth
HeadlinesIrish Parties Secure 'comfortable Majority' for New Coalition Government, Lawmaker Says
FinanceUBS Nears Settlement Over Credit Suisse Tax Evasion Case, Wsj Reports
FinanceSpanish Government Extends Energy Windfall Tax by Decree
Europe’s Energy Taxes Are Worsening Industry Woes, Power CEO Says
Date: December 23, 2024
By Kate Abnett and Julia Payne BRUSSELS (Reuters) – Governments hunting for ways to aid Europe’s struggling industries should take aim at the continent’s high energy taxes, which are eroding competitiveness, the head of Europe’s electricity lobby told Reuters. The European Union is drafting a package of measures to support flagging industries, due early next...
German Parliament Passes Tax Relief to Offset Inflation
Date: December 20, 2024
BERLIN (Reuters) – German lawmakers passed a taxation reform on Thursday to combat the burden on households caused by higher inflation, with approval secured by the votes of the former coalition partners and the opposition conservatives. The legislation, set to come into effect at the start of the year, has been pushed through parliament at...
Dealmakers Eye $4 Trillion-Plus M&A Haul in 2025 on Trump Boost
Date: December 19, 2024
By Anousha Sakoui, Anirban Sen and Kane Wu LONDON/NEW YORK/HONG KONG (Reuters) – Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed by U.S. President-elect Donald Trump’s promise of less regulation, lower corporate taxes and a broadly pro-business stance. The total value of mergers and acquisitions (M&A)...
Spain’s Utilities Tax Suffers Defeat in Parliament
Date: December 19, 2024
MADRID (Reuters) – Spanish lawmakers on Thursday voted to eliminate a temporary tax on energy companies in a setback for the minority government that still plans to reimpose the levy by decree, according to the budget minister. The tax, of 1.2% for companies with a turnover of at least 1 billion euros, is one of...
Parties Unveil Plans to Rescue Germany From Economic Doldrums
Date: December 17, 2024
By Andreas Rinke and Matthias Williams BERLIN (Reuters) -Germany’s main political parties presented their competing plans on Tuesday for lifting Europe’s largest economy out of the doldrums as campaigning kicked off for a snap election on Feb. 23. The election, triggered after Social Democrat Chancellor Olaf Scholz’s three-party coalition collapsed last month amid arguments over...
How Germany’s Parties Say They Will Revive Its Anaemic Economy
Date: December 17, 2024
By Maria Martinez BERLIN (Reuters) -Germany’s main political parties will present their election programmes on Tuesday, a day after parliament backed a no-confidence motion in Chancellor Olaf Scholz’s government, paving the way for a snap election on Feb. 23. Disagreements over how to save Europe’s largest economy had been the main factor behind the collapse...