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Tax

Trump retreats on comments on raising taxes on the wealthy

2 years, 5 months ago
WASHINGTON: Republican presidential candidate Donald Trump backtracked on Monday on his remarks about raising taxes on wealthy Americans, saying the rich might simply get a smaller tax cut than he originally proposed.

British PM Cameron releases tax records after Panama storm

2 years, 6 months ago
LONDON: British Prime Minister David Cameron on Sunday released his tax details in a bid to head off a row over his father's offshore business, and announced a new taskforce to scrutinise the so-called Panama Papers.

Obama to seek new tax on oil in budget proposal

2 years, 8 months ago
WASHINGTON: U.S. President Barack Obama will launch a long-shot bid next week to impose a $10-a-barrel tax on crude oil that would fund the overhaul of the nation's aging transportation infrastructure, the White House said on Thursday.

G20 ministers endorse crackdown on corporate tax avoidance

3 years, 9 days ago
LIMA, PERU: Finance ministers from the world's leading economies gave the green light Friday to a new plan to crack down on tax evasion by multi-national corporations, which costs countries at least $100 billion a year.

Barca’s Messi, father face trial on tax fraud charges

3 years, 9 days ago
MADRID: A Spanish court has ordered Lionel Messi and his father Jorge to stand trial in a tax fraud case and the state attorney said Barcelona's star player should serve a jail sentence of up to 22 months if found guilty.