Germany books €11.2 billion budget surplus
13 January 2019 |
12:00 pm
Higher than expected tax revenue and lower spending have led to the surplus, the fifth in as many years. Still, no one is rushing to invest the extra cash, something critics say is desperately needed.
Related
12 May 2021
Brussels says it will "carefully study" whether to appeal to Europe's top court after Amazon won the annulment of a 2017 back-taxes ruling.
5 Jun 2021
The US has suspended tariffs against six countries in a row over taxing tech giants. But the levies could still be imposed if an international agreement on digital tax isn't reached. Also in the show: the International Labour Organization says more than 100 million people have been plunged into poverty during the pandemic, and the world's largest meat-processing company recovers from a cyberattack.
4 Jun 2021
Finance ministers representing the world's wealthiest nations are meeting for a two-day summit in London, aiming to make progress on a deal to overhaul the way corporations are taxed worldwide. A G7 accord could involve a new global minimum tax rate. Also, the US expands a ban on investments in Chinese companies.
18 Jul 2021
The world's largest economies will plan how to push ahead with the proposal to set a minimum corporate tax rate. Some countries are still withholding their support.
12 Jul 2021
Finance ministers from the world's largest economies are now on board with the US push to fight tax havens. But there is "very little time" before it goes into effect in 2023, German Finance Minister Olaf Scholz warns.
25 Jul 2021
Colombians take to the streets of Bogota to protest against President Ivan Duque's government, which has submitted a new tax reform plan to Congress.
28 Jul 2021
Raids on the Dainik Bhaskar newspaper and Bharat Samachar television network have sparked accusations of intimidation by a government angry with the media's response to its handling of the pandemic.
8 Aug 2021
State-affiliated media in China has taken a second swipe at the gaming industry triggering another market tumble. Investors fear further crackdowns.
Tax Evasion: Tribunal orders DSTV to pay FG N900bn tax backlog, Lagos PDP Chairman dies of COVID-19
25 Aug 2021
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
8 Sep 2021
UK PM Johnson's tax on workers 'unfair', says opposition
13 Sep 2021
The UK has announced its second round of tax hikes in a year. With the Biden US administration expected to follow suit, are other countries putting off the inevitable?
Latest
1 day ago
Iran has been gripped by five weeks of demonstrations against dress codes for women — and some hard-liners want an even stronger clampdown. ZDF journalist Jörg Brase reports on protests and acts of civil disobedience in Iran's capital, Tehran.
1 day ago
We take a look at how the press is covering the anti-Covid protests in China. We also discuss the anti-regime movement in Iran and a controversial World Cup move to support it. In food news, we find out the challenges facing the EU chocolate industry and how dolphins aren't put off by the taste of hot peppers.
1 day ago
More than 80 people have been injured in southern India as villagers continue to protest the building of a seaport. The project is being financed by Asia's richest man, Gautam Adani.
1 day ago
A former teacher has been accused of more than 100 cases of sexual abuse against children and teenagers. The crimes allegedly occurred over more than two decades in the western state of Hesse.
1 day ago
30 percent of African women are entrepreneurs. Their contribution to African economies is vital. But they could do much more, if treated just like their male counterparts.
1 day ago
Two more teams qualify for the World Cup last 16, meaning that there are still 13 squads looking to book their place. If you thought the matches were exciting so far, they're bound to get even tougher over the coming days. Portugal make it through with a double from Bruno Fernandes, as do Brazil despite Neymar’s absence. Plus, Cameroon come from behind in a 3-3 thriller against Serbia, while Ghana beat South Korea 3-2.