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TAX NEWS

Can we tax our way out of the plastic pollution crisis?

Can we tax our way out of the plastic pollution crisis?
No environmental tax has ever been approved at EU level, given the need for unanimity in the Council. But if a plastic tax were successfully passed, would such a measure really help to set the EU on the path to curbing plastic pollution? David Powell is head ...

Nigeria slaps $2bn bill on phone giant MTN

Nigeria slaps $2bn bill on phone giant MTN
Nigeria has asked mobile phone operator MTN to pay a $2bn (£1.6bn) tax bill, the company says. MTN challenged the figure, saying it related to activities over the past decade. It said it had settled the bill with a $700m payment. The tax demand is the latest...

Pakistan Grants Bail to ex President Accused of Money Laundering

Pakistan Grants Bail to ex President Accused of Money Laundering
A court in the southern port of Karachi granted on Friday interim bail to former Pakistan President Asif Ali Zardari who is facing a money laundering trial for transferring Rs 35 billion (US$284 million) through three fake bank accounts, ...

Bitter taste? ‘Tax dodging’ Coca-Cola buys Costa, Britain’s largest coffee-shop chain, for...

Bitter taste? ‘Tax dodging’ Coca-Cola buys Costa, Britain’s largest coffee-shop chain, for £3.9bn
Coca-Cola has agreed to buy Costa Coffee, Britain’s largest coffee-shop chain, from UK company Whitbread for a staggering £3.92 billion ($5.1 billion). It’s “great news for shareholders,” but critics say it’s bad for Britain. Director of the Institute for ...

Panasonic runs from Britain over fears UK will be tax haven after Brexit

Panasonic runs from Britain over fears UK will be tax haven after Brexit
The electronics firm is the latest Japanese firm to signal London will no longer be a suitable tax base after the UK quits the EU.Panasonic is reportedly moving its European HQ from London to Amsterdam because it fears Brexit Britain being seen as a tax haven ...

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Who's behind the blog

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