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    Germany plans to tax Google, Facebook

    Germany plans to tax Google, Facebook

    31 May 2025

    Germany’s Culture Ministry is planning to bring a law to tax the American online giants like Alphabet of Google and Meta of Facebook. The rate of taxation is to...

    Taxes on super rich and technology giants come to a halt under Trump

    Taxes on super rich and technology giants come to a halt under Trump

    20 Apr 2025

    Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms under President Donald Trump. The billionaire real estate tycoon has pulled the...

    India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'

    India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'

    23 Mar 2025

     India's government has told a court in Mumbai that agreeing to Volkswagen's demand to quash a $1.4 billion tax bill would have 'catastrophic consequences' and encourage companies to withhold...

    Google pays 326 million euros to settle Italy tax dispute

    Google pays 326 million euros to settle Italy tax dispute

    20 Feb 2025

    Italian authorities announced that Google has paid €326 million (US$339.4 million) to settle a dispute over unpaid taxes, Italian authorities confirmed on Wednesday. Prosecutors in Milan launched an investigation...

    Sharjah issues law on natural resources companies’ tax

    Sharjah issues law on natural resources companies’ tax

    14 Feb 2025

    His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued a law on corporate tax for both extractive and non-extractive natural...

    Federal Tax Authority, ADGM to strengthen strategic partnership

    Federal Tax Authority, ADGM to strengthen strategic partnership

    17 Jan 2025

    The Federal Tax Authority (FTA) and) ADGM Academy have strengthened their strategic partnership to share expertise, stay at the forefront of developments in areas of mutual interest, and deliver...

    Japan’s cabinet approves record $730 billion budget for next fiscal year

    Japan’s cabinet approves record $730 billion budget for next fiscal year

    28 Dec 2024

    Japanese Prime Minister Shigeru Ishiba’s cabinet on Friday approved a record $730 billion budget for the next fiscal year, while limiting new bond issuance to the lowest in 17...

    Kuwait to impose 15 per cent tax on multinational entities

    Kuwait to impose 15 per cent tax on multinational entities

    28 Dec 2024

    The Kuwaiti Cabinet endorsed a draft resolution on issuing a law imposing a 15-percent tax on multinational entities, which have business in more than one country or a state....

    MoU signed to introduce new tax professional certification

    MoU signed to introduce new tax professional certification

    27 Dec 2024

    Dubai Finance (DOF) and PwC Academy, the talent and skills development business of PwC Middle East, one of the global Big Four consulting firms, have entered a strategic partnership...

    Starmer urged to reverse ‘Tractor tax’ decision

    Starmer urged to reverse ‘Tractor tax’ decision

    16 Dec 2024

    The “tractor tax” row has taken a dramatic new turn after a pro-Labour tax expert used by Sir Keir Starmer to support the move called on him to reverse...

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