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World News

More than 130 countries agree on 15% global minimum corporate tax

From 2023, multinational corporations will have to pay taxes in countries where they operate - not just where they have their headquarters.

Europe News

Ireland agrees to set historical minimum corporate tax rate

Ireland has agreed to adopt a 15% minimum corporate tax rate after several months of negotiations with the OECD.

Spain

Spain to cut energy taxes amid anger over soaring electricity costs

PM Pedro Sánchez said that his government intends to scrap a 7% tax on power generation, among other measures.

Ireland

Macron speaks about global corporate tax rate in visit to Ireland

The OECD's global minimum corporate tax rate of 15% and Afghanistan were on the agenda during Emmanuel Macron's visit.

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Europe News

US Treasury Secretary Yellen grateful EU paused digital tax plans

US Treasury Secretary Janet Yellen has welcomed the European Union's move to pause plans for a bloc-wide digital tax.

Europe News

Brussels presses pause on plans for an EU-wide digital tax

The decision coincides with a landmark OECD deal to reform the global tax system and the visit of US Treasury Secretary Janet Yellen.

Europe News

Ireland, Hungary & Estonia opt out of tax deal and jeopardise EU unity

The three countries, which represent around 4% of the EU's GDP, did not sign up to a landmark OECD technical agreement to overhaul the global tax system.

Destinations

How have the Balearic Islands avoided mass tourism?

After being labelled the party islands for years on end, the Balearics have taken back control and are using taxes to help rebuild.

World News

G7 finance ministers come to agreement on global corporate tax rate

G7 finance ministers said they came to an agreement on global tax reform, committing to a corporate tax rate of "at least 15%".

World News

The current plans for a new global digital tax are inadequate | View

As G7 finance ministers meet this weekend to discuss the proposals for a new global digital tax put forward by the OECD, it is hard not to feel defeatist, writes Anders Dahlbeck from ActionAid.

Money

Crypto traders are facing a tax crackdown by the US Treasury

A new report could have major implications for US crypto users as authorities seek to modernise outdated tax infrastructure.

Czech Republic

Fourth Czech health minister since pandemic began sparks controversy

Petr Arenberger has come under criticism for his previously unknown supplementary income.

World News

Euroviews. Panama Papers: 5 years on, EU still failing to tackle tax abuse | View

Much more is needed if the EU is to take effective action to address the problems highlighted 5 years ago by the Panama Papers, says Action Aid's Anders Dahlbeck

Poland

News blackout amid Polish protest over 'blow to free media' tax

Independent media in Poland suspended their news coverage for 24 hours on Wednesday over a planned new advertising tax, which they say will undermine press freedoms.

Luxembourg

Luxembourg rejects new tax haven claims

A year-long investigation by sixteen media outlets combed through four billion publicly-available documents found that a third of companies in Luxembourg are holdings that allow for favourable tax treatment.

World News

EU says in appeal that Apple tax ruling was 'contradictory'

Brussels is appealing a court ruling that said Apple did not have to repay €13 billion in back taxes to Ireland.

France

France resumes tax on tech giants, seeks deal with US

The tax brought about €400 million to the French budget last year, but the government agreed to suspend it in 2020, in exchange for an American promise to drop the tariff threat pending talks on an international deal on taxing online companies.

Ecotech

Europeans plan to fly less and drive more post-COVID, says survey

It found that people's plans changed a lot depending on which country they lived in.

Earth News

Adding a ‘carbon tax’ on meat could save the planet, say experts

Could increasing the price of meat help protect the planet and human health?

United Kingdom

UK taxman trebles number of probes into professional footballers

HRMC is currently investigating 246 professional football players, up from 87 in the 2018/2019 season, according to an accountancy firm.