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Italy's Berlusconi in hot water again with judiciary
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.

Italy's Berlusconi in hot water again with judiciary
©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.

Kazakhstan’s President on tax amnesty before introducing reporting expenses
Italy's Berlusconi headed for community service
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.

Italy's Berlusconi headed for community service
Japan shoppers see first sales tax rise in 17 years
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 shoppers see first sales tax rise in 17 years
Japan says Bitcoin not a currency, but taxable
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.

Japan says Bitcoin not a currency, but taxable
©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.

Apple moved billions offshore to avoid Australia tax: report
Global tax evasion under G20 scrutiny
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.

Global tax evasion under G20 scrutiny
©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.

China can prevent 13 million smoking deaths by 2050: study
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.

InterContinental hotels reports profit plunge, blames tax
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.

Kazakhstan doubles floor prices for strong alcoholic beverages
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.

Chinese leaders' kin stash riches in offshore holdings: probe
Hollande backs ban on 'anti-Semitic' comedian
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.

Hollande backs ban on 'anti-Semitic' comedian
Top French court approves 75% company tax on high salaries
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.

Top French court approves 75% company tax on high salaries
Japan OKs record budget, sees deflation threat recede
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.

Japan OKs record budget, sees deflation threat recede
©Reuters/Lucy Nicholson
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.

Six countries sign US pacts in fight against tax fraud
Socialist Bachelet tipped to win easily in Chilean runoff
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.

Socialist Bachelet tipped to win easily in Chilean runoff
Nokia faces $3.4 bln tax claim in India: report
Nokia faces $3.4 bln tax claim in India: report

Finnish mobile phone maker Nokia faces a tax bill of more than 210 billion rupees ($3.4 billion) in India from liabilities arising out of unpaid charges and penalties since 2006, a report said Tuesday.

Nokia faces $3.4 bln tax claim in India: report
Kazakhstan's President Nursulatn Nazarbayev. ©Marat Abilov
Nazarbayev signs bill raising taxes

Nursultan Nazarbayev, President of Kazakhstan, has signed the bill raising taxes.

Nazarbayev signs bill raising taxes
©Reuters/Toru Hanai
Japan Tobacco and Philip Morris buy 40% of Russian distributor

Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.

Japan Tobacco and Philip Morris buy 40% of Russian distributor
Kazakhstan's President Nursultan Nazarbayev. ©akorda.kz
Kazakhstan and Luxembourg agree to avoid double taxation

Kazakhstan President Nazarbayev has signed the law ratifying the Convention between Kazakhstan and Luxembourg to Avoid Double Taxation.

Kazakhstan and Luxembourg agree to avoid double taxation