high-income-economies
Swiss billionaire calls for higher tax on rich
French lawmakers reject wealth tax proposal on ultra-rich
HeadlinesItaly to raise by 50% 'flat' tax on ultra rich to 300,000 euros, officials say
French PM plans new tax on people earning over 250,000 euros a year, Les Echos says
Britain likely to lose nearly one in six millionaires by 2028, report says
Date: July 10, 2024
By Dave Graham ZURICH (Reuters) – Britain is likely to lose nearly one in six of its U.S. dollar millionaires by 2028, but their number is set to grow in other countries including the United States and surge in Taiwan, according to a report published on Wednesday. The UBS Global Wealth Report for 2024 forecast...
Singapore tops list of costliest cities for goods, services aimed at the wealthy
Date: June 20, 2023
Singapore tops list of costliest cities for goods, services aimed at the wealthy SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, overtaking Hong Kong, London and New York, according to a report on Tuesday. Cars and essential health insurance in Singapore are 133%...
German tax authorities should show leniency to households, firms amid energy crisis – letter
Date: October 6, 2022
BERLIN (Reuters) – German tax authorities should show leniency towards private households and companies, for example by suspending enforcement measures in certain cases, in light of the energy crisis, said a Finance Ministry letter seen by Reuters on Thursday. Due to high energy costs, taxpayers may temporarily not be able to meet their obligations, said...
Factbox-The UK’s top tax rate – what is it and why does it matter?
Date: October 3, 2022
LONDON (Reuters) – British finance minister Kwasi Kwarteng on Monday abruptly dropped his plan to eliminate the top rate of income tax, part of his Sept. 23 “mini budget” that triggered a rout of sterling and government bonds in financial markets. Following are some key points about the 45% tax rate. WHEN WAS IT INTRODUCED?...
Modi says India aims to become developed nation in 25 years
Date: August 15, 2022
By Manoj Kumar NEW DELHI (Reuters) – India will aim to become a developed nation within 25 years, Prime Minister Narendra Modi said in a national day address on Monday, with policies to support domestic production in power, defence and digital technology. Speaking from the 17th century Red Fort in Delhi as India celebrates its...
Doing Business 2011: Making a Difference for Entrepreneurs
Date: December 11, 2010
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