tax-administration

Image for Italy’s tax system under scrutiny as study shows it favours richFinance

Italy’s Tax System Under Scrutiny as Study Shows It Favours Rich

Image for Gloom spreads across UK retailers after budget tax rises, CBI saysBusiness

Gloom Spreads Across UK Retailers After Budget Tax Rises, Cbi Says

Image for UK’s Reeves vows no repeat of budget tax rises after employers’ warningBusiness

UK’s Reeves Vows No Repeat of Budget Tax Rises After Employers’ Warning

Image for German tax revenue rose by 8.2% in October, finance ministry saysFinance

German Tax Revenue Rose by 8.2% in October, Finance Ministry Says

Image for Thousands of British farmers protest against ‘tractor tax’ on inheritance

Thousands of British Farmers Protest Against ‘tractor Tax’ on Inheritance

Date: November 19, 2024

By Sarah Young LONDON (Reuters) -Thousands of farmers protested at Britain’s parliament on Tuesday, some driving tractors through central London, to demand the scrapping of an inheritance tax that they say will destroy family farms and threaten food production. The measure, dubbed the tractor tax by critics and announced in the new government’s budget last...

Image for Explainer-France’s Barnier likely to ram through budget bill as talks stall

Explainer-France’s Barnier Likely to Ram Through Budget Bill as Talks Stall

Date: November 19, 2024

PARIS (Reuters) – France’s 2025 belt-tightening budget heads to the Senate next week, but few doubt the government will soon be obliged to bypass lawmakers with a risky constitutional measure that rams the legislation through parliament. With French public finances increasingly out of control, the 2025 budget bill seeks to squeeze 60 billion euros in...

Image for British farmers to protest against ‘tractor tax’ in London

British Farmers to Protest Against ‘tractor Tax’ in London

Date: November 19, 2024

By Sarah Young LONDON (Reuters) – Thousands of British farmers will march to Parliament Square on Tuesday to protest against the end of an inheritance tax exemption that has helped family farms pass down the generations, saying the move will threaten food production. Seeking to raise funds to fix public services, finance minister Rachel Reeves...

Image for Orange appeals 312 million euro seizure by French prosecutors in tax dispute

Orange Appeals 312 Million Euro Seizure by French Prosecutors in Tax Dispute

Date: November 16, 2024

By Gianluca Lo Nostro (Reuters) – French telecoms operator Orange said on Friday it had appealed against a 312 million euro ($329.28 million) seizure by the National Financial Prosecutor’s Office in a dispute over VAT. The French prosecutor’s office is looking into the varying tax rates that the telecoms operator charged for its services between...

Image for Italy minister open to reviewing tax hike on cryptocurrencies

Italy Minister Open to Reviewing Tax Hike on Cryptocurrencies

Date: November 8, 2024

ROME (Reuters) – Italy’s economy minister said on Thursday he was ready to review proposals to raise a tax on cryptocurrency capital gains, after pressure from some lawmakers in his own party to drop the plan. “I am willing to consider different forms of taxation for people who keep investments in their portfolio,” Minister Giancarlo...

Image for United States renews calls for Italy to scrap its web tax, sources say

United States Renews Calls for Italy to Scrap Its Web Tax, Sources Say

Date: November 7, 2024

By Giuseppe Fonte ROME (Reuters) – The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters, saying the U.S.’ insistence increases the risk of retaliation if Rome ignores the request. Italy intends to maintain the tax for now, waiting for the new administration...