tax

Among the incentives offered to Israeli startups that choose to move to Azerbaijan are full exemptions from corporate tax, purchase tax, property tax and profits tax for ten years, as exclusively revealed by Globes. …

Labour's plan to reform the tax system on foreigners could cost the UK government up to £1bn as wealthy individuals flee the country, a report by Oxford Economics has warned. The proposed reforms, which will come into effect from…

The UK Offshore Energy Authority has warned that a windfall tax increase on UK oil and gas companies could undermine the government’s goal of boosting economic growth. The group warned that the planned tax increase could depress…

By David Loder WASHINGTON (Reuters) - The Biden-Harris administration said on Friday the United States has requested consultations to resolve trade disputes with Canada over a new digital services tax, adding that the "discriminatory" tax…

In May, Israel Tax Authority Director Shai Aharonovitch announced that “within a few days” a new voluntary disclosure program would be published. The program will allow Israelis who have hidden their wealth from the…

Japanese Minister of Economy, Trade and Industry, Takeru Saito, He said On August 28, 2024, it announced that it aims to boost its Web3 ecosystem through startup-friendly tax reforms. Tax reforms targeting startups are key to the…

HMRC is actively investigating 791 of the UK's largest companies for suspected tax evasion, a figure that represents nearly 40% of the country's largest businesses. These investigations span vital sectors such as banking, telecoms,…

Nigeria’s financial authorities recently announced plans to overhaul the tax system to include crypto assets. A Nigerian organization has hailed the upcoming proposal, which aims to update existing policies and adapt to the…

As of August 15, 2024, new immigrants will be eligible for a significant tax break when purchasing a home in Israel, following an amendment to the purchase tax regulations. The arrangement designed to help new…

HMRC has recovered almost £70m of unpaid tax from footballers, agents and clubs over the past year as part of a crackdown on tax avoidance schemes in the sport. This initiative has led to investigations being launched into 20…