
China to raise fuel consumption tax, cut retail prices
BEIJING, Dec. 12 (Xinhua) — China will raise taxes on oil products from Saturday, the second increase in a month. Tax on gasoline, naphtha, solvent oil and lubricating oil to
One may find here carefully selected news around taxes, banking and corporate finance, compliance and various legal matters of all the jurisdictions we cover in our daily work.
BEIJING, Dec. 12 (Xinhua) — China will raise taxes on oil products from Saturday, the second increase in a month. Tax on gasoline, naphtha, solvent oil and lubricating oil to
Microsoft will now accept bitcoin payments for digital content such as games, videos, music and applications on Windows Phone and Xbox. Microsoft posted a “how to” guide on its e-commerce
Facebook paid £1.8million in Irish tax on more than £2.3billion global sales Social network has been accused of channelling profits through Ireland This has allowed the company to avoid tax
Karen Bleier| AFP | Getty Images This bitcoin medals are shown in this photo taken in Washington. The State of New York is weighing a raft of new rules to
Global Advisors, a firm based in Jersey that manages the first regulated bitcoin fund, has been served notice by its bank, HSBC. The firm said it received a notice from
Oil giant Royal Dutch Shell has won a long-running court battle against Indian authorities over a tax dispute involving billions of dollars. The Bombay High Court ruled in favour of
This week, the so-called “International Consortium of Investigative Journalists” (“ICIJ”), on its website, leaked a total of 548 tax rulings that multinational companies obtained in Luxembourg in the period from
The Russian Finance Ministry has drafted a decree that will exclude Malta from the blacklist of offshore jurisdictions, according to the Russian news agency Tass. The decision followed the signing
November 4: Legislative proposals in Germany would, if enacted, limit cross-border hybrid financing arrangements, amend the rules for intra-group transfers, and revise the rules for the participation exemption for capital
The European Commission has asked Germany to amend inheritance tax legislation that it says results in the discriminatory taxation of legacies to foreign charities. Domestic charities are granted an exemption
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