We cannot expect more from Europe without giving more to it, says Portuguese PM
“We cannot expect more from Europe without giving more to Europe”, he said, backing Parliament’s position on the multi-annual financial framework (MFF). “Portugal is ready to increase its contribution” to the budget, he told MEPs.
India’s Growth Story Since the 1990s Remarkably Stable and Resilient
The Indian economy is set to revert to its trend growth rate of 7.5 percent in the coming years as it bottoms out from the impact of the Goods and Services Tax (GST) and demonetization, a new World Bank report says.
US tariffs: “Avoid trade wars and tackle global overcapacity in steel instead” urge MEPs
Political groups condemned US plans to impose new tariffs on steel and aluminium imports, on “national security” grounds, as unjustified. The debate showed wide support among MEPs for seeking a peaceful solution with the US and together tackling the...
IRS to end offshore voluntary disclosure program; Taxpayers with undisclosed foreign assets urged to come forward now
The Internal Revenue Service announced on Mar 13 it will begin to ramp down the 2014 Offshore Voluntary Disclosure Program (OVDP) and close the program on Sept. 28, 2018. By alerting taxpayers now, the IRS intends that any U.S. taxpayers with...
Tax Time Guide: Guard personal, financial, tax information thoroughly
The Internal Revenue Service urged taxpayers to remain vigilant in protecting their personal and tax information on Mar 13. Scams and schemes using the IRS as a lure can take on many variations, so practicing personal information security is vital.
Free pass for foreign oil costs taxpayers billions
The Canadian Taxpayers Federation (CTF) released documents obtained from the federal government through Access to Information that show foreign oil is getting a free emissions pass from the federal government – one that is costing taxpayers billions...
A role for online platforms in enforcing tax compliance?
Campaigners for taxpayers on low incomes have given a cautious welcome to a call for evidence launched on ways in which online platforms could act as intermediaries between their users and HMRC by enabling users to understand and comply with their tax...
New NTU Poll: Strong Opposition to Internet Sales Tax Schemes Across Partisan, Ideological Lines
A new poll from the National Taxpayers Union (NTU) finds that strong majorities across party lines oppose the imposition of new internet sales tax legislation like the Remote Transactions Parity Act or Marketplace Fairness Act. This poll comes as...
Korea should speed up job market and social protection reforms to strengthen inclusive growth
Korea’s economy has progressed rapidly over the past 40 years, catching up with the level of well-being in most OECD countries. It now needs to continue and speed up the reforms of its labour market in order to strengthen its social safety net, create...
Corporate tax avoidance: Agreement reached on tax intermediaries
On 13 March 2018, the Council reached agreement on a proposal aimed at boosting transparency in order to tackle aggressive cross-border tax planning.
