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.
Prada goes for cover-up look over CEOs tax fraud probe
Troubled Italian fashion giant Prada stonewalled questions over its tax affairs.
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.
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.
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.
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'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.