China is said to plan $90 Billion cut in VAT for manufacturers
05 March 2019 | 2:48 pm
Premier Li Keqiang is due to deliver his annual report on economic policy on Tuesday at the annual National People’s Congress. The government is planning to cut the value-added tax rate that covers the manufacturing sector by 3 percentage points as part of measures to support the slowing economy, a person familiar with the matter said.
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?
41 mins ago
Nepal's ruling party has become increasingly wary of China's expansive Belt and Road Initiative amid Sri Lanka's financial collapse, fresh loans from the US and a shift towards India.
41 mins ago
The Russian invasion of Ukraine has been denounced by world leaders and prompted diplomatic and financial sanctions. But what do ordinary Russians think? President Vladimir Putin never misses an opportunity to refer to patriotism and national unity in a bid to justify his acts of aggression. A large majority of Russians adhere to this patriotism, some by joining Unarmia, a movement created by the Russian ministry of defence. Yet others have serious doubts about whether the invasion of Ukraine is in the best interests of the country they love.
41 mins ago
Sviatlana Tsikhanouskaya, Veronika Zepkalo and Maria Kolesnikova received the 2022 Charlemagne Prize. German Foreign Minister Annalena Baerbock said the Belarusian activists were the "bravest women in Europe."
3 hours ago
The first family will meet with community and religious leaders, as well as those who lost their loved ones to the violence that left 21 people — including 19 children — dead at Robb Elementary School in Uvalde, Texas.
3 hours ago
The 13-2 vote in favor of the resolution was not enough to secure its adoption as Beijing and Moscow have veto-rights. The US said the rejection means Pyongyang "will feel free to take further escalatory actions."
3 hours ago
Police in the US town of Uvalde, Texas are facing questions over why it took an hour to neutralise the gunman who murdered 19 small children and two teachers at Robb Elementary School. The tragedy comes amid increasing calls for greater gun control measures. Among the demands of campaigners are a ban on assault weapon sales, as well as universal background checks and so-called red flag laws. Pastor Mike McBride, director of the LIVE FREE gun violence prevention campaign with the Faith in Action network, joined us on Perspective to tell us more.