Gulf Times - tax
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.

Cabinet approves VAT draft law

Cabinet approves VAT draft law

Taking another step towards the implementation of value-added tax (VAT) in Qatar, the Cabinet gave its nod to a draft law on the proposed new levy and its draft executive regulation.

In Norway, everyone's tax info is just a click away

In Norway, everyone's tax info is just a click away

How much does my neighbour, my colleague, the leader of my country or his wife earn? In Norway, a champion of transparency, that information is available to all, just a few clicks away.

No plans to tax individuals: UAE finance ministry

No plans to tax individuals: UAE finance ministry

The United Arab Emirates has no plans to impose new taxes on individuals and the government is not studying the introduction of more fees for services, Younis al-Khouri, under-secretary at the finance ministry, told ...

Russia to mull oil tax revamp to remove neighbours’ benefits

Russia to mull oil tax revamp to remove neighbours’ benefits

Vladimir Putin’s government is considering shifting the burden of oil taxes from the point of export to the point of extraction...

LuxLeaks whistleblowers get suspended jail sentences

LuxLeaks whistleblowers get suspended jail sentences

Two whistleblowers in the ‘LuxLeaks’ tax scandal were given suspended jail sentences on Wednesday for leaking thousands of documents that exposed Luxembourg's huge tax breaks ...

Bank Indonesia sees tax amnesty boosting GDP growth to 5.4%

Bank Indonesia sees tax amnesty boosting GDP growth to 5.4%

Bank Indonesia said it’s working to maximise the potential benefits of a planned tax amnesty that may help boost economic growth...

Scandals deal blow to Panama's image as financial hub

Scandals deal blow to Panama's image as financial hub

Panama's reputation as a world-class financial hub is being torn apart from the double scandals of the Panama Papers and now the US designating one of its most prominent families...

Berlin blasts 'illegitimate' bank transactions that evade taxes

Berlin blasts 'illegitimate' bank transactions that evade taxes

Berlin on Wednesday blasted ‘illegitimate’ financial operations carried out by banks such as Commerzbank, which are aimed at helping foreign investors shortchange the state of taxes.

Iceland's First Lady linked to offshore accounts

Iceland's First Lady linked to offshore accounts

Iceland's First Lady Dorrit Moussaieff has reportedly been named among clients of British bank HSBC with holdings in tax havens, the media outlets behind the Panama Papers and other leaks revealed Tuesday.

China’s biggest tax reform in 2 decades set to buoy growth

China’s biggest tax reform in 2 decades set to buoy growth

China’s biggest tax overhaul in more than two decades starts May 1, with changes set to reduce the burden on services

EU ministers propose 'urgent' measures after Panama scandal

EU ministers propose 'urgent' measures after Panama scandal

EU finance ministers endorsed a series of measures on Saturday to fight tax evading methods used by Europeans exposed by the Panama Papers scandal.