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TAX NEWS

Bankers should pay their fair share of tax for society’s sake

Bankers should pay their fair share of tax for society’s sake
The fact that more than 3,500 UK-based bankers earn over €1m, at a time when callous austerity policies are still causing hardship and the numbers of homeless and food bank users increase daily, is appalling (Thousands of UK bankers paid €1m-plus a year, ...

EU disapproves tax exemptions in Madeira

EU disapproves tax exemptions in Madeira
The European Commission has criticised the tax exemptions granted by Portugal to companies established in the Madeira Free Zone (ZFM).“It is illegal aid, which is not in line with the Community market”, the commission said. According to the preliminary ...

Bupa reaches $157m settlement with tax office after decade-long dispute

Bupa reaches $157m settlement with tax office after decade-long dispute
Deal involves no admission of liability, after allegations the company tried to show lower profits in Australia.Aged care provider and health insurer Bupa has paid the Australian tax office $157m after settling a long-running dispute. Bupa Australia said the ...

Venice approves tourist tax of £2.50 for daytrippers

Venice approves tourist tax of £2.50 for daytrippers
The city council in Venice has implemented a tax for visitors who are staying for one day only, to cover issues like cleaning.Visiting Venice will now cost an extra few Euros even if you don't stay overnight. The Italian city's council has approved a ...

Shakira to appear in court over alleged tax evasion in Spain

Shakira to appear in court over alleged tax evasion in Spain
Prosecutors say singer avoided paying €14.5m tax by falsely claiming to live in Bahamas.The Colombian singer and philanthropist Shakira has been summoned to appear in a court near Barcelona over allegations that she avoided paying €14.5m (£13m) in ...

Who's behind the blog

Who's behind the blog

SOCIAL MEDIA