Gulf Times - tax
Let's come together to tax tech giants, say G20 officials eying $100 bn boost

Let's come together to tax tech giants, say G20 officials eying $100 bn boost

Leading world economies must show unity in dealing with aggressive ‘tax optimisation’ by global digital giants like Google, Amazon and Facebook, G20 officials said on Saturday.

India lowers tax on new home sales ahead of general election

India lowers tax on new home sales ahead of general election

India on Sunday announced a cut in the goods and services tax charged on sales of residential properties under construction as the government looks to stimulate the economy by driving up consumption.

Philippine court grants bail to news site chief in tax evasion case

Philippine court grants bail to news site chief in tax evasion case

A Philippine court on Monday granted bail to the top executive of a news website critical of President Rodrigo Duterte's policies after she was indicted of tax evasion charges, a case she described as ‘politically motivated’.

Protests as Sri Lanka cuts tax on sugary drinks

Protests as Sri Lanka cuts tax on sugary drinks

Sri Lanka Saturday slashed a tax on sugary drinks in a controversial reversal of an anti-diabetes policy that attracted immediate criticism.

Zimbabwe president says new tax necessary pain for recovery

Zimbabwe president says new tax necessary pain for recovery

Zimbabwean President Emmerson Mnangagwa said on Monday a new tax on electronic payments was a painful but necessary part of the government's attempts to revive the economy ...

Chinese movie star Fan Bingbing hit with huge tax evasion fines

Chinese movie star Fan Bingbing hit with huge tax evasion fines

China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines, state news agency Xinhua said on Wednesday ...

Sri Lanka slaps new tax on gold to curb imports

Sri Lanka slaps new tax on gold to curb imports

The finance ministry said the tax was reintroduced after a five-year hiatus as authorities detected a rapid spike in imports in recent months.

Shakira pays 20mn euros to Spain taxman

Shakira pays 20mn euros to Spain taxman

Superstar Shakira has handed over more than 20 million euros ($24.6 million) to tax authorities in Spain, a report said Tuesday, accused of not paying taxes despite being a resident between 2011 and 2014.

US moves closer to EU position on taxing tech giants

US moves closer to EU position on taxing tech giants

Washington is softening its position on European plans to impose taxes on US tech giants such as Apple and Google, officials said this week.

EU takes Ireland to court for not claiming Apple tax windfall

EU takes Ireland to court for not claiming Apple tax windfall

The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc ...

Malaysia to introduce new 'tourism tax' on hotel rooms

Malaysia to introduce new 'tourism tax' on hotel rooms

Foreigners staying in hotels in Malaysia will soon need to pay a new tax, the country's tourism and culture minister said on Wednesday.

India set to launch landmark tax reform amid protests

India set to launch landmark tax reform amid protests

India is just hours away from introducing its biggest tax overhaul ever, the Goods and Services Tax (GST), at a special event in the national parliament.