World news about “Taxes” published by euronews.
Fed’s stimulus: the beginning of the end? US lawmakers have accused Apple of avoiding paying billions of dollars in taxes there. But the technology giant – which is one of the world’s most valuable… 24/05/2013
EU leaders discuss clampdown on corporate tax avoidance Aggressive tax avoidance by large corporations was under scrutiny at Wednesday’s EU Summit in Brussels. Investigations in the UK, France and the US have… 22/05/2013
Tackling corporate tax avoidance set to top Brussels summit agenda Concern at aggressive tax avoidance by some of the biggest global corporations looks set to sit high on the agenda at Wednesday’s European summit in… 22/05/2013
Apple defends its tax affairs Declaring “We are pride to be an American company and equally proud of our contributions to the US economy”, Chief Executive Tim Cook came out fighting before… 21/05/2013
Ireland not to blame for Apple tax – Deputy PM A senior Irish politician is denying the country is to blame for computer giant Apple’s low tax payments. The company paid just 1.9 percent tax on its… 21/05/2013
Apple faces questions over alleged tax evasionTechnology giant Apple has been accused by a US Senate committee of tax evasion for allegedly exploiting the differences between American and Irish tax… 21/05/2013
Italy freezes hated property tax, doesn’t say how will make up shortfall Italy’s coalition government is to freeze a controversial property tax, abolish the double salary received by government ministers who are also members of… 17/05/2013
Google denies misleading over tax A top Google executive has denied that his company misled British authorities over the minimising of its tax bill there. Matt Brittin told the… 16/05/2013
Washington’s top tax official forced out amid scandal US tax agency chief Steve Miller has had to leave his job after it emerged his staff had singled out conservative groups for extra scrutiny. President… 16/05/2013
France ponders a ‘culture tax’ for digital device makers The French government has said it will decide by the end of July whether to hit technology giants like Apple and Google with new taxes to fund the country’s… 14/05/2013
Europe moves to tackle tax cheats European Union finance ministers meeting in Brussels on Tuesday focused on ways to fight tax evasion and fraud. They were also discussing details of the… 14/05/2013
Israel PM cancels $127,000 air-bedsIsrael’s Prime Minister has said he will stop asking for a double bed to be installed on airplanes taking him on short flights in Europe, after the practice… 13/05/2013
Campaign highlights UK’s leading tax haven role UK Finance Minister George Osborne hosted the Global Investment Conference in London on Thursday, while the “Enough food for everyone if” campaign was… 09/05/2013
Show me the money – British overseas territories deal Tax havens such as Bermuda, the Cayman Islands and the British Virgin Islands are to work more closely with the UK and other European countries to fight tax… 02/05/2013
Van Rompuy urges action on taxEuropean Council President Herman van Rompuy says the EU must get tougher on tax if governments are to succeed in balancing their books. He has promised… 12/04/2013
Greek bank blues Greek style problems on a smaller scale led to the need for the controversial, part saver funded bailout of Cyprus’s banks. They lent out too much money to… 19/03/2013
Cyprus bank levy backtrack underway Having been part of the EU bailout decision to tax all of Cyprus’s bank account holders – rich and poor – the International Monetary Fund has now said it… 19/03/2013
Cypriot politicians rethink controversial savings plan Banks and cash machines remain closed in Cyprus on Tuesday as politicians prepared to vote on a plan to seize up to 10 percent of savings accounts to fund a… 19/03/2013
Work continues to shield Cypriot small savers Popular protests are now a regular occurrence on the streets of Greece and Spain. But there are now demonstrations outside the parliament buidling in… 19/03/2013
Cyprus bank levy is ‘unique’ Cyprus needs a bailout mostly to rescue its banks which are in trouble after making loans totalling around eight times the country’s national output… 17/03/2013
Maradona back in Italy Diego Maradona was mobbed by fans and journalists as he returned to Naples this week to answer questions over a built up tax bill of around 40 million… 26/02/2013
EU unveils revised ‘Robin Hood’ tax The European Commission on Thursday unveiled a new proposal for a tax on financial transactions that could be collected worldwide. Only 11 EU nations want… 14/02/2013
Taxing times ahead for banks and traders European Union finance ministers have approved a tax on all financial market transactions in 11 eurozone countries – including the two biggest economies… 22/01/2013
Gérard Depardieu, a Russian star is born – nocomment After meeting Vladimir Putin in Sochi to receive his Russian passport, French actor Gérard Depardieu flew to the Russia Republic of Mordovia where he showed… 06/01/2013
‘Tax the rich’ rethink in Paris With a top French court having thrown out a proposed supertax on the rich, the Paris government is looking at how it can be changed. The law has to be… 03/01/2013
US ‘fiscal cliff’ deal more elusive than ever The ideological stalemate over spending cuts and tax increases for the rich continues in Washington. If Democrat President Barak Obama and the Republicans… 21/12/2012
Christmas cheer limited in Greece The people of Greece end the year under foreign guardianship and with tax reforms imminent. It has been their fifth consecutive year of recession. Only… 18/12/2012
Greeks face grim Christmas and taxing new year Greeks are facing a more taxing time ahead as the government formally unveiled a bill intended to boost its tax revenue from companies and… 14/12/2012
The end of tax avoidance? How to make more profit and pay less taxes? It looks like some companies have found ways to do that, but in the UK lawmakers and consumers are not happy with… 07/12/2012
Starbucks forced into tax offer Public anger and calls for boycotts have forced Starbucks to offer to pay more tax in Britain. The coffee chain will change its accounting practices, after… 06/12/2012
UK lawmakers want tax crackdown on multinationals Companies that sell in Britain should pay tax in Britain. That was the message on Monday to multinational firms from UK lawmakers. Public anger over… 03/12/2012
Catalonia’s independence fever and federal Spain Catalonia in northern Spain will hold an election this Sunday, set to measure just how badly voters want their own free state. It is a wealthy region but… 23/11/2012
German-Swiss tax deal thrown out Germany’s Bundesrat, the country’s upper house has thrown out a deal with Switzerland to tax assets stashed by Germans in Swiss bank accounts. It is seen as… 23/11/2012
US: Obama calls on Republicans to raise taxes on rich Barack Obama has called on Republicans to agree to raise taxes on the rich as the first step towards a budget deal. Speaking at his first press conference… 15/11/2012
Cliff tension grips US Well ahead of US President Barack Obama’s January 20th re-inauguration there is no time to waste in talks with Congress. Lawmakers and the White House need… 14/11/2012
EU Commission suspends airline carbon emissions law The EU Commission has frozen their law that airlines flying into and out of Europe must pay for their carbon emissions. The decision to scrap the … 12/11/2012
France faces reality check with tax reforms French Prime Minister Jean-Marc Ayrault has presented his latest economic proposals for restoring economic growth in what he called an “unprecedented” package… 06/11/2012
Portugal’s new budget passes first hurdle Portugal’s parliament has passed the country’s largest tax hike package in decades. The changes form part of Prime Minister Pedro Passos Coelho’s new 2013… 31/10/2012
Who gets what when I die When it comes to the subject of death and dying, many of us prefer not to talk about it. And that is also the case in terms of making preparations before we… 29/10/2012
Fire and anger in Lisbon over tax hikesA man protests against the new 2013 state budget in front of the parliament as a fire burns in front of it in Lisbon. Portugal’s government presented on… 16/10/2012
IMF’s forecast gloom As the year heads to its close, the International Monetary Fund has changed its 2012 forecast. The global economy has been weakening more than was expected… 12/10/2012
End of the road for Spanish motorway The AP-41 motorway linking Madrid and Toledo has gone bankrupt as Spanish motorists steer clear of toll-roads to save money. There are 21 companies running… 12/10/2012
EU to push ahead with Tobin Tax plans Finance ministers meeting in Luxembourg have backed controversial plans for a European financial transaction tax, despite strong UK opposition. In all, 11… 09/10/2012
Lisbon to swap tax rises for spending cuts Portugal’s government is to tone down sweeping tax rises proposed for next year to tackle the country’s mountainous debt crisis, and will replace them with… 09/10/2012
Tax me if you can Taxing the rich to give to the poor, or at least to reduce the budget deficit. Some say this is the main message behind French president Francois Hollande’s… 27/09/2012
Belgians unhappy over Louis Vuitton boss’ nationality bid At least 8,000 protesters hit the streets of Brussels on Friday furious over what they see as flimsy tax rules for Europe’s rich. Earlier this week, the… 14/09/2012
Who’s finding France too taxing? At the centre of a political row over his decision to seek Belgian nationality, France’s richest man insists he is not doing that to avoid paying French tax… 12/09/2012
Hollande promises he is accelerating With his popularity flagging, French President François Hollande has set out to recast his image as ‘man in control’. He told the nation on television… 10/09/2012
Spanish VAT rise ‘a backward plunge’ The high street in Spain is set for more pain. Everyday living costs like heating, phone bills, clothes and haircuts have gone up in price following a hike… 06/09/2012
Pricier coffee and cinemas from Spain’s VAT hike The Spanish government’s increase in sales tax from September 1st could not have come at a worse time for the country’ retailers who suffered a 7.3 percent… 31/08/2012
European fuel prices driving down the economy In Business Weekly, the French government has moved to keep fuel prices from increasing further. Ministers said that was because petrol and diesel have… 31/08/2012
French bankers ready to bolt? La Défense, the financial district of Paris, which houses the headquarters of many of France’s big banks and top financial firms could soon to be much less… 29/08/2012
Paris pushes petrol price cuts The French government seems to have scored an early victory in its campaign to help drivers by reducing the cost of fuel. On Monday two French supermarket… 27/08/2012
What VAT is due when buying a car? In this edition of U-talk our question comes from Cecile: “I live in Arlon, close to the Belgian border with Luxembourg and I plan to buy a car there. The… 06/07/2012
EU’s global warming battle takes to the skies The European Union may be risking a trade war over plans to charge all airlines for their CO2 emissions that have doubled in the past 20 years. China is… 05/07/2012
French budget to hit the rich The rich and big companies are the targets of France’s new Socialist government as it announced tax rises of 7.2 billion euros. A one-off levy on wealthy… 04/07/2012
Russia’s outcry after bill suppresses protesters rights The Upper House in Russia has passed a law that could see protesters fined over 7000 euros for taking part in public demonstrations. In response, the… 06/06/2012
Half of Ireland refuses to pay property tax Not since 1977 have the Irish paid property taxes on their principal homes, and they are not enjoying paying them again. Since a 100 euro charge was imposed… 02/04/2012
Lower taxes, higher deficit The big crisis may have disappeared from the top headlines, but Europe is still dealing with the clean-up. In Britain, for example, the government had to… 23/03/2012
Russia joins China against EU aviation C02 tax Russia has added its voice to China’s boycotting or refusing to pay a tax on air travel carbon emissions which the EU insists will come into force next… 12/03/2012
US wants lower taxes, fewer loopholes for companies Sending a political message in an election year, President Barack Obama has proposed a sweeping overhaul of how US companies pay tax. The top corporate… 22/02/2012
Tobin tax on financial transactions – optimists vs others Not all save the world acts are created equal; take the Robin Hood Tax campaign: it has staggering credentials and people supporting it – including well-known… 26/01/2012
Europe Weekly: Tobin or not Tobin This week our current affairs round-up concerning all things Europe takes a look at the Tobin tax. The man it is named after, economist James Tobin, said… 13/01/2012
Financial transaction tax to divide Europe? The discussions on the financial transaction tax dominated the beginning of the week – and is likely to divide Europe: Some countries like France want to… 13/01/2012
France and Germany push controversial Tobin tax The idea of taxing financial transactions has resurfaced with both Paris and Berlin agreeing such a levy in the EU should be imposed. France, in… 09/01/2012
China calls for talks on EU airline tax China has said it is deeply concerned and opposed to the European Union’s airline tax, and has called for talks to resolve the issue. The statement comes a… 05/01/2012
Tax shake-up for France The Paris government is planning to cut the amount that French companies pay in contributions to the state for health-care and pensions and make up the lost… 04/01/2012
Spanish shock at further spending cuts Spaniards have reacted with shock at the government’s additional austerity measures which will see taxes go up and wages frozen. The new centre-right… 31/12/2011
More economic pain in Spain Spain has revealed that its budget shortfall for 2011 will be bigger than expected as the new government announced tax increases on income and property as… 30/12/2011
US payroll tax break battle heats up A tax concession for 160 million US workers is in doubt because of strong opposition from Republicans in the lower house of Congress. Despite the fact that… 19/12/2011
China raises import duty on US cars China is to impose extra duties on cars imported from the United States in a move bound to ratchet up tension between Washington and Beijing. General… 15/12/2011
Greeks dying from financial despair No vessels have been entering or leaving Athens’ main port, Piraeus, frozen by strikes. With many people sinking into serious depression. A ferry ticket… 19/10/2011
Portugal’s latest cuts debated Portugal’s parliament has been getting its first official look at the 2012 draft budget as the finance minister Vitor Gashpar revealed further details of the… 17/10/2011
Cuts & taxes, a European crisis roundup Perspectives: different angles by various European TV stations on a subject that dominated the week’s news. Government cutbacks have teachers protesting… 30/09/2011
No cheer as Greeks pay more for drinks The Greek government – trying to raise more money and close the budget gap – has brought in new sales taxes from September 1. The new VAT rate of 23… 01/09/2011
Greece – honest taxpayers bear the brunt? Increasing revenue from taxes is the crux of the austerity plan put forward by Greek Prime Minister George Papandreou. The revised plan contains measures… 28/06/2011
France dumps second home tax idea The French government is to drop plans for a tax on holiday homes owned by non-residents. The move had angered French expatriates and British owners of… 20/06/2011
German utility shares slump on nuclear shut down Shares of German energy producers, RWE, E.ON, Vattenfall and EnBW, declined on Monday after the announcement that Berlin is to shut all the country’s nuclear… 30/05/2011
Greek EU/IMF bailout verdict nears European Union and International Montary Fund officials will this week decide if Greece is doing enough to bring its budget deficit under control. The main… 30/05/2011
EU corporate tax proposal worries Ireland Economically battered Ireland is wary of increasing pressure on its low corporation tax under a new Europe-wide standardisation proposal out of Brussels. Yet… 16/03/2011
Dépardieu becomes a resident of Saransk, central RussiaActor Gérard Dépardieu has registered as a resident of Saransk, in the central Russian region of Mordovia. He has already threatened to give up his French… 23/02/2013
Depardieu flies the flag for Putin on televisionThe French actor turned Russian national Gerard Depardieu has taken to the TV in Russia to nail his colours to the mast. Depardieu told russian television… 14/01/2013
Greek home owners hit by tax hikesGreece has approved a series of tax reforms, opposed by much of the population, but necessary for the country to secure further bailout funds and avoid… 12/01/2013
Mordovia welcomes Gérard DepardieuFrench actor Gérard Depardieu has been given a warm welcome in the region of Mordovia, hours after receiving his Russian passport. It is an area known for… 07/01/2013
Depardieu meets Putin for dinner after getting Russia citizenshipFrench actor Gerard Depardieu has been personally handed his new Russian passport by the country president Vladimir Putin. The two met for dinner at the… 06/01/2013
Americans react to last-minute ‘fiscal cliff’ dealAfter months of budget brinkmanship, Americans are digesting news that the country has been pulled back from the edge of a so-called “fiscal cliff.” In what… 02/01/2013
Obama hails tax hikes for the rich in fiscal cliff dealUS President Barack Obama headed back to Hawaii on Wednesday and a Christmas holiday he cut short to help finalise a last minute fiscal cliff deal. During a… 02/01/2013
Relief for Obama as the US avoids the “fiscal cliff”US president Barack Obama has given a measured welcome to the news that Congress has averted a fall off the so-called “fiscal cliff”. Politicians in the… 02/01/2013
Portugal’s highest court to consider 2013 budgetThe Portuguese president has asked the country’s top court to decide whether the controversial 2013 budget is legal. The budget came into effect on Tuesday… 02/01/2013
Quick fix or long term solution for the US?For shoppers in New York how will a deal which avoids the effects of a fiscal cliff hit their pockets. Is it merely a sticking plaster on the US economy which… 01/01/2013
Senate approves bill to avoid ‘fiscal cliff’It was two hours after the midnight deadline but the US Senate finally approved legislation to avoid the “fiscal cliff”. The overwhelming vote stops most of… 01/01/2013
US faces a temporary fall over the fiscal cliffThe US is facing a temporary slip over the so-called “fiscal cliff”. Pressure is piling on lawmakers to back a last-minute deal between the White House and… 01/01/2013
Obama says fiscal cliff deal is closeA deal is in sight but it is not yet done – that was the message from US President Barack Obama who appeared on prime time television to reassure the American… 31/12/2012
What is the fiscal cliff?The phrase ‘fiscal cliff’ – coined by the head of the US central bank Ben Bernanke – refers to the shock measures that were intended to focus partisan… 31/12/2012
Obama accuses Republicans of protecting the rich as ‘fiscal cliff’ deadline approachesUS President Barack Obama is addressing Congress in a bid to thrash out a last-minute deal to avoid the ‘fiscal cliff’. The term refers to a series of tax… 30/12/2012
Paris stymied over top tax planThe French Constitutional Council has rejected the government’s flagship plans for a top tax rate of 75 percent. It is a setback for President Hollande and… 29/12/2012
France: constitutional court rejects 75 per cent tax rateThe French Supreme Court has rejected the government’s controversial plans to tax top earners on 75 per cent of their income. The measure, one of the… 29/12/2012
Obama ‘optimistic’ fiscal deal can be reached‘Cautiously optimistic’ – that is the phrase being used at the White House after the president held talks with Congressional leaders in an 11th hour effort to… 29/12/2012
Obama returns to Washington to try to avoid ‘fiscal cliff’US President Barack Obama has cut short his holiday in Hawaii and returned to Washington to try to persuade Congress to reach an agreement avoiding the… 28/12/2012
Toyota settles billion euro class action lawsuitToyota has agreed to pay out more than a billion euros to settle a class action lawsuit launched by car owners affected by a series of mass recalls. The… 27/12/2012
