tax
Google CEO hits out at Brexit and insists: We WON’T pay any more tax
THE boss of internet giant Google has defended his firm’s record of tax avoidance — in an interview in which he also implied the company will not respond positively to Brexit. CEO Sundar Pichai says the search engine group has has paid enough tax across Europe, despite widespread criticism. He said: “As a...
Lionel Messi handed jail term in Spain for tax fraud
Argentina and Barcelona footballer Lionel Messi has been sentenced to 21 months in prison for tax fraud. His father, Jorge Messi, was also given a jail term for defrauding Spain of €4.1m (£3.5m; $4.5m) between 2007 and 2009. They also face millions of euros in fines for using tax havens in Belize and Uruguay to...
EU SUPERSTATE (step 1): Fury over plans for European-wide ‘tax harmonisation’
PROPOSALS to introduce a European Union-wide tax system has infuriated British taxpayers — who fear the move is yet another flagrant step in Brussels’ attempt to build a Euro-superstate. The controversial system, which is described in EU documents as the “harmonisation of European taxation”, was put...
Osborne’s ‘cosy’ GOOGLE deal slammed as France vows to ‘go all the way’ in back TAX case
FRANCE'S Finance Minister has savaged George Osborne's "cosy" Google tax deal and vowed to "go all the way" to make sure the internet giant pays what it owes. After dozens of French police raided Google's HQ in Paris, politician Michel Sapin said: "We don't do deals like Britain, we...
For the Record’s week in review: Trump has tax problems — bigly
Welcome to Saturday. Let’s recap this week in politics as you sip your coffee in bed. The investigative team at USA TODAY found out that Donald Trump’s businesses have gotten into quite a bit of trouble over their taxes, while Hillary Clinton is ready to say buh-bye to Bernie Sanders and face Trump in the general....
Greek PM defends pension and tax reform
Greek Prime Minister Alexis Tsipras has defended controversial new pension and tax reforms approved by parliament. The measures are needed to unlock further international bailout money, to be discussed at a meeting of Eurozone finance ministers on Monday. But they are deeply unpopular with Greek anti-austerity...
Global first? Every Swiss could be guaranteed $2,600 a month tax-free
Chalk it up to Swiss affluence. Voters here will decide next month whether all 8 million citizens and legal residents should be guaranteed a generous monthly income, something no country in the world has ever done. On June 5, Swiss voters will weigh in on a radical proposal that would mandate the government to guarantee $2,600...
Families furious after Spain sneaks through new £70 TOURISM TAX for holidaymakers
A TOURIST tax is about to hit families in the pocket as they travel to Spain this summer. Holidaymakers have been left furious after being told they could be charged up to £70 for taking a break in countries like Majorca and Ibiza this summer. Balearic island authorities agreed the new duty for “sustainable...
EU Big Five launch tax crackdown
The five largest economies in the European Union have agreed to share information on secret owners of businesses and trusts. It is a concerted attempt to show their leaders are responding to public concern over the Panama Papers leak. The UK, Germany, France, Italy and Spain have agreed to the data exchange. Treasury officials...
Osborne, Corbyn and Johnson all publish latest tax records
Chancellor George Osborne and Labour leader Jeremy Corbyn have become the latest senior British politicians to publish details of their tax returns. Mr Osborne paid £72,210 in tax in 2014-5 on £198,738 in earnings, comprising his official salary, rental income and share dividends from his family firm. The Labour...
Taxes Under Trump Presidency
If taxed under Donald Trump, a family of 4 making $80,000 would see their taxes go down $103 per...
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