Beijing raises cigarette tax to deter smokingChina will more than double the tax on tobacco to 11 percent, as authorities try to deter smoking in the world's largest producer and consumer of tobacco.
Bank of Japan holds off fresh stimulus, says economy recoveringThe 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
Japan tax hike boosts inflation, hurts spending in MayInflation 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 yearsJapan'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
Mining giants slam Australia's 'high' taxes, costs and currencyThree 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 judiciaryItaly'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 headed for community serviceItalian 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 yearsPrices 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 taxableBitcoin 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.