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Was Modi kept in the dark about moves in the Vodafone tax battle?

India’sdecade-longbattletocollectRs400billionintaxfromtelecomgiantVodafone–over$6billionattoday’sexchangerates–couldbeinjeopardyfollowingaroundofcuriousdecision

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U.S. companies found ways to avoid taxes before tax bill: report

FifteenU.S.corporationsincludingonlineretailerAmazon.comInc(AMZN.O),powercompanyDukeEnergyCorp(DUK.N)andinsurerPrudentialFinancialInc(PRU.N)avoidedU.S.taxonnear

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Doubts over U.S. bank capital payouts may cloud strong earnings

QuirksinthenewU.S.taxcodearesowingdoubtsoverhowmuchbigbankscanboostdividendsandstockbuybacksthisyear,threateningtotaketheshineoffwhatarelikelytobestrongquarterl

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Vietnam plans to hike fuel taxes in fight against pollution, debt

VietnamplanstoraisetaxesonfuelsstartinginJulytoreducepollutionandpayoffpublicdebt,thefinanceministrysaidonWednesday,thoughanalystscautionthelevycouldincreaseinf

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400 billion yuan in tax cuts

AttheexecutivemeetingoftheStateCouncil,China'sCabinet,onMarch28,itwasdecidedtocuttaxesformarketentitiesthisyear.Accordingtothemeeting,thetaxcutplanwillfurtherim

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China aims to cut US$38.17 bn in tax this year

TheChinesegovernmentwillcontinuetolowerthevalue-addedtaxratefortheindustriesofmanufacturing,transportation,construction,telecommunication,withtheintentofcutting

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China cuts tax rates for chipmakers

ChinaannouncedplanstointroducetaxexemptionsandreductionsforchipproducersonFriday.BusinessesestablishedafterJan.1tomanufactureintegratedcircuits(ICs)withlinesthi

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China to cut $63 bln in value-added tax in 2018

Chinawillofferataxreductionpackageamountingto400billionyuan(about63billionUSdollars)thisyeartobothdomesticandforeignenterprises,accordingtoaStateCouncilexecutiv

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Trump's approval rating rises seven points from historic lows

DonaldTrump’sapprovalratingisupsevenpointssincelastmonth,accordingtoanewpollbytheAssociatedPress-NORCCenterforPublicAffairsResearch.ThatstillonlyliftsTrump’sapp

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EU digital tax proposal to deepen competition in global digital economy

ByAPDwriterDongYifanTheEuropeanCommissionreleasedataxproposalonMarch21thatitwilllevyontechcompanieswithsignificantdigitalrevenues,whichisalsocalled“digitaltax”,

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US | Will GOP accomplishments in Congress be enough for voters?

Withpassageofanenormousbudgetbill,theGOP-controlledCongressallbutwrappedupitslegislatingfortheyear.ButwillitbeenoughtoconvincevoterstogiveRepublicansanotherterm

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Tech giants set to face 3% tax on revenue under new EU plan

LargedigitalcompaniesoperatingintheEuropeanUnion,suchasAlphabetInc.orTwitterInc.,couldfacea3percenttaxontheirgrossrevenuesbasedonwheretheirusersarelocated,accor

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EU tax plan for tech giants riles US

TransatlantictradetensionsroseonFridaywiththenewsthattheEuropeanUnion(EU)planstoimposeadigitaltaxonFacebook,Amazon,Googleandotherbigtechcompanies.TheEuropeanCom

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US monthly deficit largest in 6 years

NewTreasuryDepartmentnumbersshowthattheUSgovernmentrackedupa$215billiondeficitinFebruary--thelargestmonthlydeficitinsixyears.Itwasalso$23billionhigherthanthedef

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Art heir Wildenstein back in court for alleged tax fraud

TheFranco-AmericanpatriarchofthemightyWildensteinart-dealingdynastygoesbackontrialinParisFriday,justoverayearafterhissurpriseacquittalinalong-runninginquiryover

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India stands at cusp of financial revolution as economy surges ahead

Despitethegloominglobalmarkets,India'seconomicgrowthisexpectedtoaccelerateto7-7.5percentinthenextfiscal,asexpertssaythecountryhasnowmanagedtoovercomethe"tempora

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EU says 'electroshock' tax plan for internet giants set for March

TheEuropeanCommissionwillpresentbytheendofMarchitsplanforoverhaulingtaxrulesforinternetgiants,aimedatmakingthempayupinthecountrieswheretheyearntheirprofits,atop