corporate-tax
Top StoriesSpain to Slap Temporary Taxes on Banks, Power Companies, PM Says
Top StoriesUK Leadership Candidate Sunak: We Can’t Promise Lower Taxes and More Spending
Top StoriesFactbox-Now UK’s Boris Johnson Has Quit, Who Might Replace Him?
Top StoriesNew UK Prime Minister to Be Announced on Sept. 5 as Tax Dominates Contest
UK’s Javid Sets Out Tax-Cutting Plan in Pitch to Be PM
Date: July 11, 2022
LONDON (Reuters) – Sajid Javid, a contender to replace Boris Johnson as Britain’s prime minister, said on Monday he would cut a slew of taxes and hold an emergency budget to increase help for households hit by the rising cost of living if he was chosen as leader. Javid, a former finance minister and health...
Foreign Secretary Truss Enters Race to Become Next British Prime Minister
Date: July 11, 2022
By Kate Holton, Andrew MacAskill and Alistair Smout LONDON (Reuters) -The 11 candidates seeking to replace Boris Johnson as prime minister will learn the planned timetable to select the new British leader on Monday, as the contest becomes increasingly unpredictable, bitter and divisive. British Foreign Secretary Liz Truss became the latest high-profile name to put...
Denmark Agrees Corporate Carbon Tax – Government
Date: June 24, 2022
COPENHAGEN (Reuters) – Danish lawmakers on Friday agreed a new corporate carbon tax, the highest in Europe, which will target companies both in and outside the EU’s carbon quota system, the government said. A high carbon tax is seen as crucial to help reach Denmark’s ambitious 2030 target to cut greenhouse gas emissions by 70%...
Spain Readies New Tax on Electric Utilities’ Profits
Date: June 21, 2022
MADRID (Reuters) -The Spanish government is readying a new tax on electricity utilities’ profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday. “Since profits of electric utilities have been exorbitant, from the government’s point of view, we want to be able to ask them for a higher contribution,”...
Italy Studies Multi-Billion Euro Package to Cut Taxes on Wages, Curb Energy Costs
Date: June 13, 2022
By Giuseppe Fonte ROME (Reuters) – Italy is studying measures to cut taxes on low- and middle-income workers and help families and firms cope with surging energy costs exacerbated by the Ukraine war, two government officials said. The package would come on top of more than 30 billion euros ($31.45 billion) budgeted since January to...
OECD Says UK Economy to Flat-Line in 2023, Urges More Support
Date: June 8, 2022
LONDON (Reuters) – Britain’s economy will stagnate in 2023 in the face of high inflation, lagging behind its peers, and the government should consider easing up on tax increases or spending more, the Organisation for Economic Co-operation and Development said. “The government should consider slowing fiscal consolidation to support growth,” the OECD said in a...