UK's accelerated Payment notices bring in millions from tax avoidance schemes
About 30 scheme users were told in late August they had 90 days to pay a total of around £29 million of disputed tax upfront under UK's new Accelerated Payments regime.
US Congress Approves $585 Billion Defense Bill
The U.S. Congress has approved a gigantic defense policy bill.
G20 GDP growth picks up to 0.9% in the third quarter of 2014
Quarterly GDP in volume terms for the G20
Percentage change on the previous quarter, seasonally adjusted...
Big cities fare better than rural areas, says first poverty analysis post-earthquake
A new report released Thursday by the National Observatory on Poverty and Social Exclusion (ONPES) and the World Bank suggests the need for more inclusive growth and policies to increase access to basic services, livelihood opportunities and social...
Congress Averts Government Shutdown, Passes Short-Term Spending Bill
U.S. Congress has approved a last-minute, two-day extension of government funding, narrowly averting a partial federal government shutdown.
Government of India and World Bank Sign $1.1 Billion Agreement for the Eastern Dedicated Freight Corridor Project
The Government of India and the World Bank Thursday signed a $1.1 billion agreement towards the second loan for the Eastern Dedicated Freight Corridor (a freight-only rail line) that will help faster and more efficient movement of raw materials and...
World Bank Country Manager for Tajikistan Visits Agriculture Project Site in Khatlon Province
Ms. Patricia Veevers-Carter discussing the benefits of the public employment program with one of the beneficiaries in Rumi...
Tax revenues rebounding from the crisis but tax mix varying widely, OECD says
Tax burdens and revenue collection in advanced economies are reaching record levels not seen since before the global financial crisis, but the tax mix continues varying widely across countries, according to new OECD research published Wednesday.
New World Bank Report Looks at Turkey’s Rise to the Threshold of High-Income Status and the Challenges Remaining
Steady growth over the past decades has brought Turkey to the threshold of becoming a high-income economy; prosperity has been broadly shared across income groups in the society, and the size of the middle-class was doubled, according to a new World...
Google to Pay More Tax in Britain
The British government says it will force multi-national companies such as Google to pay more in tax.
