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.
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.
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.
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.
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.
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.
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 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 Group, the world's largest hotel operator by number of rooms, said on Tuesday that annual net profit plunged owing to increased tax charges.
Earlier the country’s Prime Minister Serik Akhmetov announced plans to increase floor prices for alcoholic beverages three times by 2016.
Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth.
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.
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.
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.
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.
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.
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.
Nursultan Nazarbayev, President of Kazakhstan, has signed the bill raising taxes.
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.
Kazakhstan President Nazarbayev has signed the law ratifying the Convention between Kazakhstan and Luxembourg to Avoid Double Taxation.
- Silvio Berlusconi
- Asia Pacific
- United States
- Christine Lagarde
- Customs Union
- JPMorgan Chase
- Great Britain
- South America
- Philip Morris International