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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.

15 July 2014

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.

27 June 2014

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.

10 June 2014

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.

26 May 2014

Italy's Berlusconi in hot water again with judiciary Italy's Silvio Berlusconi is in hot water with the justice system again after mocking the community service he has been ordered to do for tax fraud, media reports said.

30 April 2014

Kazakhstan’s President on tax amnesty before introducing reporting expenses This measure will help us bring a big share of business out of shadow, bringing us closer to the transparency level reached in developed economies: President Nazarbayev.

12 April 2014

Italy's Berlusconi headed for community service Italian prosecutors on Thursday approved a request by Silvio Berlusconi's lawyers for the three-time prime minister to do community service rather than face house arrest following a tax fraud conviction.

11 April 2014

Japan shoppers see first sales tax rise in 17 years Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.

01 April 2014

Japan says Bitcoin not a currency, but taxable Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.

08 March 2014

Apple moved billions offshore to avoid Australia tax: report US tech giant Apple was Thursday accused of shifting nearly Aus$9 billion (US$8.1 billion) in untaxed profits from its Australian operations to Ireland over the past decade.

06 March 2014

Global tax evasion under G20 scrutiny US Treasury Secretary Jacob Lew described taxation reform as among the G20's most crucial initiatives Friday as the world's major economies look to close loopholes used by huge multinational firms.

21 February 2014

China can prevent 13 million smoking deaths by 2050: study China can prevent nearly 13 million tobacco-related deaths by 2050 by fully implementing a set of neglected anti-smoking policies it had already agreed to.

19 February 2014

InterContinental hotels reports profit plunge, blames tax InterContinental Hotels Group, the world's largest hotel operator by number of rooms, said on Tuesday that annual net profit plunged owing to increased tax charges.

18 February 2014

Kazakhstan doubles floor prices for strong alcoholic beverages Earlier the country’s Prime Minister Serik Akhmetov announced plans to increase floor prices for alcoholic beverages three times by 2016.

05 February 2014

Chinese leaders' kin stash riches in offshore holdings: probe Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth.

23 January 2014

Hollande backs ban on 'anti-Semitic' comedian President Francois Hollande has backed attempts to ban controversial French comedian Dieudonne as a furore intensified over his sketches that have been widely condemned as anti-Semitic.

08 January 2014

Top French court approves 75% company tax on high salaries France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.

30 December 2013

Japan OKs record budget, sees deflation threat recede Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.

25 December 2013

Six countries sign US pacts in fight against tax fraud The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.

20 December 2013

Socialist Bachelet tipped to win easily in Chilean runoff Former Chilean president and socialist champion Michelle Bachelet, who has proposed tax reforms and a new constitution for her country, is expected to unseat conservatives Sunday in a runoff election.

13 December 2013

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