G20 agrees to speed up on digital tax
This week’s news was primarily dominated by all-things WWDC 2019 and the DOJ working on possible antitrust cases against Apple and Google (01, 02) for their respective App Stores. The […]
Tax
Vanguard: the patented way to avoid tax in mutual funds
Last week’s big story about Vanguard Group’s patented tax dodge raised some interesting legal and tax issues. Our charge today is to try to take a slightly deeper look at […]
China: tax cuts to reduce pressure on enterprises
China is about to slash the employer contribution rate to the social-security fund from 18-20 per cent, with some variation across regions, to 16 per cent, and cut the value-added […]
Ernst & Young launched Tax tool for reporting cryptocurrency
Big Four auditing and professional services firm Ernst & Young has launched a tool for accounting and preparing taxes on cryptocurrency holdings, according to a press release published on Mar. […]
China cuts tax and boosts lending
China will cut billions of dollars in taxes and fees, increase infrastructure investment, and step up lending to small firms, Premier Li Keqiang said Tuesday, as the world’s second-largest economy […]
France, Germany: deal for a eurozone budget
France and Germany tabled a joint proposal on Thursday (21 February) to establish a new “eurozone budgetary instrument” that would support national reforms and investments in the single currency bloc. […]
Blockchain: Russia and Central Asian states study a new regulation
Region-wide crypto-regulations look to be forthcoming in Russia and its European and Central Asian ally states. Per Russian news agency Tass, the Eurasian Economic Union (EEU), a political and economic […]
France wants to impose a taxation on Tech Giants
After a failed attempt to secure an agreement on an EU-wide levy, France will move ahead unilaterally on its taxation of worldwide tech giants. France has been driving hard for […]