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Report shows wealthiest people pay less ...
File photo shows tax bills. (Photo courtesy of Pixabay) Super-rich people and corporations in the world have been taking advantages from taxation with some of the lowest levels of tax in decades, a
Sugar tax threatens to shrink sugar sect...
JOHANNESBURG, Feb. 27 (Xinhua) -- South Africa's sugar industry has lost profit and jobs after the implementation of sugar tax which is threatening to shrink the sector's stability, said experts on W
China to cut corporate burden by nearly ...
BEIJING, March 5 (Xinhua) -- China will reduce the tax burdens and social insurance contributions of enterprises by nearly 2 trillion yuan (about 298 billion U.S. dollars) this year, according to a g
China to cut corporate burden by nearly ...
BEIJING, March 5 (Xinhua) -- China will reduce the tax burdens and social insurance contributions of enterprises by nearly 2 trillion yuan (about 298 billion U.S. dollars) this year, according to a g
China to cut corporate burden by nearly ...
China will reduce the tax burdens and social insurance contributions of enterprises by nearly 2 trillion yuan (about 298 billion U.S. dollars) this year, according to a government work report availa
Tax cut, a 'must' for China’s economic g...
China would implement large-scale tax cuts, according to the annual Government Work Report. Experts believed reducing tax burdens on enterprises would be crucial for stimulating manufacturing sectors
EU to broaden tax haven blacklist, weigh...
European Union states have added 10 jurisdictions to a draft tax haven blacklist, including the United Arab Emirates (UAE) and Bermuda, an EU official told Reuters on Tuesday, in a move that would tr
NPC deputy talks China's fee and tax cut...
China has conducted tax cuts on a large scale to ease the burden of small- and micro-sized enterprises and individuals. Tax cut has also been a hotly debated issue at China's largest political event
News Analysis: Can France's unilateral d...
PARIS, March 7 (Xinhua) -- After the setback in Brussels to reach a European Union (EU) wide tax on the world's top internet firms, French President Emmanuel Macron's government is pushing ahead on i
Explaining China's latest tax reform
Those who make 8,000 yuan a month (roughly about 1,190 U.S. dollars) have seen their disposable income rise recently. How did this happen? The extra cash is thanks to China's reform of the individual
European Union scraps digital tax plan
Some countries are now likely to bring in their own tax measures after a pan-EU scheme falls through.
Oman introduces selective tax law
MUSCAT, March 13 (Xinhua) -- Oman's Sultan Qaboos bin Said issued on Wednesday a royal decree to introduce selective tax law. The new tax is primarily targeted at certain foodstuff, beverages and com
Premier Li: China to implement more tax ...
China is determined to implement large-scale tax and fee cuts this year as a key countermeasure against downward economic pressure, Premier Li Keqiang said Friday at a press conference after the conc
China determined to implement larger tax...
BEIJING, March 15 (Xinhua) -- Chinese Premier Li Keqiang said Friday that the country is determined to implement larger scale tax and fee cuts this year as a key countermeasure against downward econo
China offers tax relief to overseas tale...
China's Ministry of Finance (MOF) announced on Saturday a favorable tax policy for overseas talent working in the Guangdong-Hong Kong-Macao Greater Bay Area. Based on the individual income tax differ
China unveils new individual income tax ...
BEIJING, March 16 (Xinhua) -- China Saturday announced specific rules concerning tax exemption to reduce the amount of individual income tax (IIT) paid on incomes earned overseas. According to the ru
China unveils new individual income tax ...
China announced on Saturdayspecific rules concerning tax exemption to reduce the amount of individual income tax (IIT) paid on incomes earned overseas. According to the rules jointly unveiled by the
Polish PM appeals for EU consensus on di...
WARSAW, March 18 (Xinhua) -- Polish Prime Minister Mateusz Morawiecki said on Monday that there should be no tax havens in Europe and that, if there is no common EU digital tax, member states will ha
Across China: China tax cuts aid rural r...
HANGZHOU, March 20 (Xinhua) -- China's large-scale tax and fee reductions unveiled earlier this year are starting to benefit a vast number of villages. "After the opening of the cross-sea bridge in t
China vows deeper VAT reform to boost ec...
China will implement a slew of measures to cut the value-added tax (VAT) rates, making sure that tax burdens on all industries will only go down, not up, the State Council's executive meeting presid
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