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TAX NEWS

Google shifted $23 billion to tax haven Bermuda in 2017: filing

Google shifted $23 billion to tax haven Bermuda in 2017: filing
AMSTERDAM (Reuters) - Google moved 19.9 billion euros ($22.7 billion) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce its foreign tax bill, according to documents filed at the Dutch Chamber of Commerce. The...

Gibraltar ordered by EU to recover €100m in illegal tax-breaks

Gibraltar ordered by EU to recover €100m in illegal tax-breaks
The European Commission has found that Gibraltar gave around €100m worth of illegal tax advantages to multinational companies. It has now been ordered by the EU to recoup those tax-breaks.Gibraltar's corporate tax exemption regime for interest and royalties ...

China’s Rich Hit By Income Tax Reforms

China’s Rich Hit By Income Tax Reforms
China’s income tax reforms, which came into effect on 1 January, offers some relief for the country’s low and middle-income earners, but takes a tough stance on foreign workers and high-income groups.China’s individual income tax reforms, which came into ...

Anti-tax avoidance measures come into force

Anti-tax avoidance measures come into force
A new raft of anti-tax avoidance measures came into force across the EU yesterday, as part of an ongoing effort to combat corporate abuse of tax systems.

Dutch add Guernsey, Belize and Isle of Man to tax evasion blacklist

Dutch add Guernsey, Belize and Isle of Man to tax evasion blacklist
The Dutch finance ministry is expanding its official list of places it considers to be involved in tax evasion by a further 16 low tax jurisdictions, including the islands of Guernsey and Jersey, the Isle of Man, and Belize. The list contains five ...

Who's behind the blog

Who's behind the blog

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