After pledging to reinstate the 50p top rate of income tax if his Labour party returns to power at the next election, Ed Balls, shadow chancellor, has been attacked for promoting an “anti-business agenda”.
Polish proposals that buck international trends are also causing concern Some of Europe's biggest taxpayers are concerned about the increased risk of double taxation from Poland's proposed changes to its controlled foreign corporation (CFC) rules and thin capitalisation regime. The fears were outlined in a BUSINESSEUROPE report which asked 10 of Europe's largest multinationals, including BP, GE, Microsoft and Unilever, to respond to a questionnaire.
Tax transparency is lauded as an unequivocal good. But is it really this clear-cut? Matthew Gilleard explores the negatives as he ventures into the dark side of transparency.
President Francois Hollande has proposed a €30 billion ($40 billion) easing of the French business tax burden, but only if companies show a commitment to invest and hire.
Tony Abbott, Prime Minister of Australia, gave an address today at the 44th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, setting out Australia’s priorities for its G20 presidency.
Algirdas Semeta, European Commissioner for Taxation and Customs Union, Audit and Anti-Fraud, has urged member states not to water down proposals for a financial transactions tax (FTT), arguing that present delays may be instead overcome by a phased implementation of the tax.
