Austrian group finalises 25-million-euro giveaway of heiress’s money | Tax News
A total of 77 organisations will receive funds from Austrian-German heiress Marlene Engelhorn’s inheritence. A group tasked with giving away
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Tax
Russia plans higher taxes for rich, companies as cost of Ukraine war mounts | Tax News
New tax thresholds and hike in corporation tax are expected to raise about 2.6 trillion rubles ($29bn) a year. Russia
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‘Nothing left’: Indonesia’s tourism industry fears wipeout under tax hike | Tourism News
Jakarta, Indonesia – After spa therapist Murniyati survived COVID-19 on a sparse salary, she thought the worst was over. But
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US says Credit Suisse violated deal on rich clients’ tax evasion | Business and Economy News
Credit Suisse has violated a plea agreement with American authorities by failing to report secret offshore accounts that wealthy Americans
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Biden sets up for an election fight with his budget proposal | Business and Economy News
Biden’s proposal will face stiff opposition in Congress and has ‘little-to-no shot’ at becoming law, experts say. US President Joe
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Biden proposes taxes on the rich to cover Medicare expenses | Joe Biden News
US President Joe Biden is expected to unveil his proposed budget on Thursday as he prepares for likely re-election bid.
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India’s Adani tries to pacify investors as watchdog probes report | Business and Economy News
Adani Group sought to reassure investors on Monday, saying it had strong cashflows and its business plans were fully funded,
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UK PM Sunak fires Conservative Party chairman after tax probe | Politics News
Nadhim Zahawi’s dismissal comes after a probe into his tax affairs found a serious breach of the ministerial code. British
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UK PM orders investigation into party chairman’s tax affairs | Politics News
Rishi Sunak says ‘questions need answering’ over fellow Conservative Party politician Nadhim Zahawi’s dealings. British Prime Minister Rishi Sunak has
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India’s windfall tax hits Reliance Industries | Business and Economy News
The taxes, levied mid-last year, halted the momentum in Reliance’s oil-to-chemical business built on cheap Russian crude. Reliance Industries Ltd
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