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TAX NEWS

Serbia's police arrest 16 customs officers for tax evasion

Serbia's police arrest 16 customs officers for tax evasion
Serbian police have detained 16 customs officers and one company director on suspicion of tax evasion and dereliction of duty, the country's interior ministry said on Monday. The customs officers were suspected of helping at least two private companies to...

Ireland could lose €4bn in revenue if EU tax plans go ahead, says Ibec

Ireland could lose €4bn in revenue if EU tax plans go ahead, says Ibec
By Eoin Burke-KennedyEmployers’ lobby sees impact of US tax reform as bigger threat to businessIreland would lose up to 50 per cent of its corporation tax base, equivalent to €4 billion in revenue, if EU plans for a consolidated tax base across the bloc come ...

Trump wants corporate tax rate cut to 15 percent, even if it swells the national debt

Trump wants corporate tax rate cut to 15 percent, even if it swells the national debt
By Damian Paletta, Robert CostaWashington Post President Donald Trump is pursuing a drastic cut in the corporate tax rate, a move that is likely to grow the national debt and breach a long-held Republican goal of curbing federal borrowing. The ...

Philip Hammond signals ditching of Tory 'no tax rise' pledge

Philip Hammond signals ditching of Tory 'no tax rise' pledge
By Larry Elliott in Washington, Anushka Asthana and Heather StewartLabour proclaims ‘Tory tax bombshell’ as chancellor says 2015 election promise has hampered ability to bring down deficitPhilip Hammond has given a strong hint that the Conservatives may ...

Labour could tax the 'rich' earning more than £70,000 to pay for public ...

Labour could tax the 'rich' earning more than £70,000 to pay for public services, says John McDonnell
By Joe Watts Political Editor @JoeWattsLabour could hit “rich” people paid more than £70,000 with higher taxes to raise money for cash-strapped public services. The shadow Chancellor has said such individuals are “roughly ...

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