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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.
06 October 2014
©RIA Novosti Prada goes for cover-up look over CEOs tax fraud probe Troubled Italian fashion giant Prada stonewalled questions over its tax affairs.
30 September 2014
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.
24 August 2014
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.
06 August 2014
©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.
15 July 2014
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.
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
©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.
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
©REUTERS 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
©Reuters/Robert Galbraith 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
©Reuters/Carlos Barria 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
Crown Plaza hotel. ©Reuters/Anindito Mukherjee 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
China's President Xi Jinping. ©Reuters/Jason Lee 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
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