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The European Commission on Wednesday said a new EU approach to corporate taxation is needed to successfully address tax abuse after an orientation debate between the college of commissioners.
Companies' first sale of stocks, or initial public offering (IPO) and corporate debt sales in South Korea recorded the highest this year in July, leading to a more than 30 percent rise in direct corporate financing, financial watchdog data showed Thursday.
Japan's Prime Minister Shinzo Abe has called on his ruling Liberal Democratic Party's tax panel Tuesday to compile a fixed proposal of the details of a corporate tax cut plan as part of the government's bid to overhaul its economic and fiscal policies to be ratified this month.
China finally agreed to the long-awaited tax deferral for corporate annuities, as authorities seek to address overwhelming pension demand through alternatives to the nation's mandatory pension fund.
China finally agreed to the long-awaited tax deferral for corporate annuities, as authorities seek to address overwhelming pension demand through alternatives to the nation's mandatory pension fund.
Prior to the August congressional recess and looming government budget wrangles, U.S. President Barack Obama embarked on a string of campaign-style speeches focusing on economy and tax reforms, but he has failed so far to persuade GOP rivals to offer him an olive branch.