corporate-tax
Top StoriesProposed U.S. Corporate Tax Hike Won’t Save Global Minimum Tax Deal
Top StoriesExplainer-How Could the New U.S. Corporate Minimum Tax Affect Companies?
Top StoriesGerman Coalition Quarrels Over Plan to Help ‘fragile’ Economy
Top StoriesRyanair to Appeal Against Hungary’s ‘baseless’ Consumer Protection Fine
British PM Candidate Sunak Vows 20% Income Tax Cut by 2029
Date: August 1, 2022
LONDON (Reuters) -Rishi Sunak, trailing in the race to become Britain’s next prime minister, has vowed to slash the basic rate of income tax by 20% by 2029 in a potentially make-or-break throw of the dice by the former finance minister. Sunak, once seen as the favourite to replace Boris Johnson when he helped to...
Spanish Banks Weigh Impact of Windfall Tax, Consider Legal Challenge
Date: July 29, 2022
By Jesús Aguado and Emma Pinedo MADRID (Reuters) – BBVA and Caixabank on Friday said they were looking at the potential impact of a proposed tax on banks in Spain and exploring taking legal action to challenge the move. Spain’s leftist ruling coalition introduced a draft bill in parliament on Thursday to create a temporary...
Spanish Ruling Coalition Proposes Windfall Tax on Utilities and Banks
Date: July 28, 2022
By Christina Thykjaer and Jesús Aguado MADRID (Reuters) – Spain’s leftist ruling coalition introduced a draft bill on Thursday to create a temporary tax on banks and power utilities, aiming to raise 7 billion euros ($7 billion) by 2024 to fund measures to ease cost of living pressures. “There is no social justice without fiscal...
The Most Coveted Endorsement in Race to Be Next British Prime Minister? Margaret Thatcher
Date: July 13, 2022
By Andrew MacAskill LONDON (Reuters) – Margaret Thatcher has not been in power since 1990. In fact, she’s been dead since 2013. But the former Conservative prime minister has been a regular presence in this week’s contest to replace Boris Johnson as Britain’s next leader. Thatcher, the most polarising prime minister in modern British history,...
Hungary Bridge Blockade Fails to Derail Small Business Tax Rise
Date: July 12, 2022
By Anita Komuves BUDAPEST (Reuters) – An hours-long blockade of a bridge in Budapest on Tuesday failed to derail the approval of a motion by Hungarian Prime Minister Viktor Orban’s government to increase the tax rate for hundreds of thousands of small firms. Protesters against the overhaul gathered at a main square outside parliament before...
Exclusive-Pernod Told India Its Protracted Tax Fight Inhibits Fresh Investments There-Letters
Date: July 12, 2022
By Aditya Kalra NEW DELHI (Reuters) -French spirits group Pernod Ricard has warned India that a long-running tax disputes with authorities on valuing liquor imports has inhibited fresh investment and its current business, according to company letters seen by Reuters and two sources with direct knowledge of the matter. Its shares fell 1.8% on the...