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.
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.
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.
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.
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.
Nazarbayev signs bill raising taxes
Nursultan Nazarbayev, President of Kazakhstan, has signed the bill raising taxes.
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.
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.
EXPO-2017 facilities to be exempt from taxes
EXPO-2017 facilities will be exempt from taxes. Kazakhstan's Tax Code, Budget Code and Special Economic Zones Law will be amended.
Nazarbayev supports introduction of wealth tax in Kazakhstan
Rich people should channel their wealth into development of the country that helped them become who they are, Nursultan Nazarbayev.
Air Astana explains reasons behind registration of aircrafts in Aruba
Registration of Air Astana planes outside Kazakhstan has no effect on the tax payments into the state budget: Air Astana.
Japan reports weaker August factory data ahead of tax hike decision
Japan's factory output slipped more than expected in August but the government put an upbeat gloss on the data Monday, a day before Premier Shinzo Abe issues his long-awaited decision on hiking sales taxes.
Excise tax on cigarets and alcohol to double and quadruple in Kazakhstan
Kazakhstan Minister of Economy and Budget Planning Yerbolat Dossayev explained the coming raise of the excise tax on alcohol and tobacco.
Football: Messi pays back millions to taxman - reports
Barcelona star Lionel Messi and his father paid off five million euros ($6.6 million) they owed to the taxman ahead of their court appearance on tax evasion charges.
Argentine ex-president Menem back on trial at 83
Argentina's ex-president Carlos Menem was back in court for a new trial Monday, this time for allegedly falsifying his personal tax returns.
Kazakhstan to introduce differentiated rates of tax on real estate
The country’s media reported earlier that Kazakhstan’s respective ministries seek to substantially raise taxes on cars equipped with engines of 3-4 liters.
Drastically higher taxes on powerful cars will only be applied to 2.8% of all cars in Kazakhstan
The country’s media reported earlier that Kazakhstan’s respective ministries seek to raise taxes on cars equipped with engines of 3-4 liters from the current $169 to $746 depending on the engine volume.
Italy's Berlusconi loses final appeal in landmark case
Italy's ex-leader Silvio Berlusconi has lost his final appeal against a tax fraud sentence in a ruling that jolted the political establishment on Friday but left the government in place for now.
Liechtenstein bank pays millions to settle US tax dispute
Liechtenstein's oldest bank said Tuesday it would pay nearly $25 million to settle a dispute with US tax authorities over its suspected role in helping clients dodge US taxes.
China owes Hollywood millions after halting payment for films
China has stopped paying Hollywood studios for its films in a dispute over a Chinese tax on movie profits.