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EU agrees anti-tax evasion deal

The EU agreed a raft of anti-tax evasion measures to make it harder for multinationals to shift profits to countries with lower taxes.

EU agrees anti-tax evasion deal
Britain would be less well off after Brexit: OECD

Britons would be less well off if they voted to leave the European Union than if they stayed, the head of the OECD said on Wednesday.

Britain would be less well off after Brexit: OECD
Rich nations probe Panama Papers tax revelations

Tax authorities from the world's richest nations on Wednesday probed a mass of murky offshore dealings revealed in the huge Panama Papers data leak, just hours after police raided the law firm at the centre of the scandal.

Rich nations probe Panama Papers tax revelations
Panama Papers allege offshore link with notorious British heist

A Panamanian shell company may have helped hide millions of dollars from the Brink's-Mat heist leaked tax documents allege.

Panama Papers allege offshore link with notorious British heist
Australia PM's 'tax haven' investments under microscope

Australia's multi-millionaire Prime Minister Malcolm Turnbull denied dodging tax by using havens in the Cayman Islands as his personal wealth came under the microscope in parliament.

Australia PM's 'tax haven' investments under microscope
Trump wants to lower taxes, except for very rich

Leading Republican White House hopeful Donald Trump said he would eliminate taxes for millions of lower-income Americans.

Trump wants to lower taxes, except for very rich
Photo courtes of gcmilan.kg
Introduction of across-the-board income and property reporting postponed in Kazakhstan

Introduction of across-the-board income and property reporting has been postponed till 2020 in Kazakhstan.

Introduction of across-the-board income and property reporting postponed in Kazakhstan
Beijing raises cigarette tax to deter smoking

China will more than double the tax on tobacco to 11 percent, as authorities try to deter smoking in the world's largest producer and consumer of tobacco.

Beijing raises cigarette tax to deter smoking
©RIA Novosti
Russia launches fraud probe against Poroshenko's candy factory

Russia launched a probe into tax fraud against a candy factory owned by Ukrainian President Petro Poroshenko and conducted a search of its premises.

Russia launches fraud probe against Poroshenko's candy factory
©REUTERS
HSBC not protected from charges over aiding tax evasion: US official

HSBC's 2012 criminal settlement with the US Justice Department does not protect the bank from fraud or tax evasion charges.

HSBC not protected from charges over aiding tax evasion: US official
Majilis ©Daniyal Okassov
Kazakhstan's Majilis ratifies double tax treaty between Kazakhstan and Qatar

Majilis, a lower chamber of Kazakhstan's Parliament, has considered the Tax Treaty between Kazakhstan and Qatar to avoid double taxation.

Kazakhstan's Majilis ratifies double tax treaty between Kazakhstan and Qatar
Carl's bridge. Photo © shutterstock.com
Czech Republic ready to discuss visa free regime with Kazakhstan

The Czech Republic could become visa free for Kazakhstan

Czech Republic ready to discuss visa free regime with Kazakhstan
Tengrinews file photo
Legalization policy in Kazakhstan brings to light seven new millionaires

The ongoing campaign of legalization of property and capital in Kazakhstan has already revealed seven new millionaires.

Legalization policy in Kazakhstan brings to light seven new millionaires
©RIA Novosti
Prada goes for cover-up look over CEOs tax fraud probe

Troubled Italian fashion giant Prada stonewalled questions over its tax affairs.

Prada goes for cover-up look over CEOs tax fraud probe
Daulet Yergozhin. Photo courtesy of kursiv.kz
Daulet Yergozhin appointed new Chairman of Kazakhstan's Revenue Committee

Daulet Yergozhin has been appointed the Head of the Revenue Committee at the Ministry of Finance of Kazakhstan.

Daulet Yergozhin appointed new Chairman of Kazakhstan's Revenue Committee
Extended sitting of the Government. Turar Kazangapov ©
Kazakhstan’s President announces tax amnesty for the country’s businesses

I commission the Government to administer a tax amnesty to provide relief of all the penalties accrued as of October 1, 2014 to small and middle-sized businesses, the President said.

Kazakhstan’s President announces tax amnesty for the country’s businesses
©Reuters/Yuya Shino
Bank of Japan holds off fresh stimulus, says economy recovering

The Bank of Japan on Tuesday held off expanding its vast stimulus programme, saying the world's number three economy was recovering despite activity taking a hit from April's sales tax hike.

Bank of Japan holds off fresh stimulus, says economy recovering
Bank of Japan Governor Haruhiko Kuroda. ©Reuters/Yuya Shino
Japan tax hike boosts inflation, hurts spending in May

Inflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.

Japan tax hike boosts inflation, hurts spending in May
Japan's Q1 growth fastest in more than two years

Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.

Japan's Q1 growth fastest in more than two years
©Reuters/David Gray
Mining giants slam Australia's 'high' taxes, costs and currency

Three of the world's biggest miners have warned that government taxes, high costs and a strong currency are putting pressure on their Australian operations, reports said Monday, as they battle falling commodity prices owing to a supply glut.

Mining giants slam Australia's 'high' taxes, costs and currency