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Putin grants France's Depardieu Russian citizenship Russian President Vladimir Putin on Thursday granted fast-track citizenship to France's Gerard Depardieu after the movie star complained about the French Socialist government's proposed 75 percent tax on the rich.

04 January 2013

US fiscal cliff deal boosts world markets World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.

03 January 2013

Obama says fiscal cliff deal made tax system fairer President Barack Obama said Tuesday he had fulfilled a campaign promise to make the US tax system fairer with a deal to avert the fiscal cliff crisis that passed after a fierce duel in Congress.

02 January 2013

US House to vote imminently on 'fiscal cliff' deal The House of Representatives will vote late Tuesday on a bill already approved by the Senate to avert huge New Year tax hikes and spending cuts known as the "fiscal cliff".

02 January 2013

Republicans scrap 'Plan B,' fiscal cliff deal elusive A controversial Republican plan to let tax breaks expire on millionaires crashed to defeat Thursday when it failed to earn enough party support, leaving negotiations on averting the "fiscal cliff" up in the air.

22 December 2012

Obama, Boehner spar on fiscal cliff, deal may go to wire US President Barack Obama and House Speaker John Boehner dueled over the fiscal cliff Wednesday, and despite narrowing differences remained stubbornly at odds over how to avoid looming tax hikes and spending cuts.

20 December 2012

President Nazarbayev calls to spend within capacities to bring the budget deficit to its possible minimum We need a favorable tax regime to support industrial production, new technologies and overall industrialization efforts: President Nazarbayev.

14 December 2012

IMF's Lagarde warns against US fudge on fiscal cliff The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.

10 December 2012

Obama to Republicans: raise taxes on rich or no deal US President Barack Obama warned Republicans Tuesday there would be no deal on averting a potentially disastrous fiscal crisis without them caving in to his demand to raise tax rates on the rich.

05 December 2012

Republicans reject 'ridiculous' Obama fiscal cliff proposal Republicans rejected as "ridiculous" Thursday a White House plan to raise $1.6 trillion in new taxes over the next decade, as crunch talks on the US deficit took a turn for the worse.

30 November 2012

Pressure mounts on fiscal cliff, Obama urges fix US President Barack Obama on Wednesday called for a pre-Christmas deal with Republicans to avert a year-end tax and deficit crunch, as pressure mounted from the business world and stock markets fluttered.

30 November 2012

Obama stands firm on taxes in fiscal cliff showdown US President Barack Obama told opposition Republicans they would have to accept tax increases for the rich if the country was to avoid going over the fiscal cliff.

15 November 2012

S. Korea president's son to face tax probe South Korean prosecutors said Wednesday they would refer President Lee Myung-Bak's only son to the tax authorities as they handed down indictments over a land deal for Lee's retirement home.

14 November 2012

Obama warns taxes must rise on rich US President Barack Obama on Friday claimed a mandate to raise taxes on the rich to pay for deficit reductions, firing his first post-election shot in a year-end budget showdown with Republicans.

10 November 2012

Republicans lay down battle lines over fiscal cliff Republicans offered newly re-elected President Barack Obama a short-term fix to the fiscal cliff Wednesday, but insisted they would not cave in to tax increases to boost revenues.

09 November 2012

Restaurant fury as France hikes taxes on eating out Dining out and staying in a hotel in France will become more expensive from the end of next year after the government announced plans Tuesday to hike VAT and hinted at an even bigger increase.

07 November 2012

Foreign firms owe British taxman £5.5bn Foreign companies in Britain owe around £5.5 billion in taxes, figures unearthed by The Times newspaper showed Saturday.

04 November 2012

France makes billion euro tax claim against Google: report French tax authorities have made a billion-euro ($1.3 billion) claim against Google to pressure it in a dispute over compensation to media websites.

31 October 2012

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