The New Zealand government was accused Thursday of double standards in its efforts to stamp out international tax avoidance after an opposition party revealed the government's own superannuation fund was using tax havens.
While an argument for tax reform is beginning to take shape in Washington, political analysts and prognosticators said any significant tax overhaul is a long way off.
While an argument for tax reform is beginning to take shape in Washington, political analysts and prognosticators said any significant tax overhaul is a long way off.
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.
China will suspend the value-added tax (VAT) and turnover tax for small businesses with monthly sales of less than 20,000 yuan (3,226 U.S. dollars) starting from Aug. 1.
China will suspend the value-added tax and turnover tax for small businesses with monthly sales of less than 20,000 yuan (3,226 U.S. dollars) starting from Aug. 1.
New Zealand Finance Minister Bill English on Wednesday defended his government's record against claims that the country's wealth gap is growing faster than that of many of other developed countries.
The New Zealand government on Wednesday rejected a recommendation on capital gains tax by the Organization for Economic Cooperation and Development.
South Korea has planned to raise 134.8 trillion won (120 billion U.S. dollars) over the next five years to fulfill campaign pledges of President Park Geun-hye and enforce major policy agendas, the finance ministry said Friday.
As China's real estate prices continue to rise despite the central government's repeated housing curbs, experts have suggested the cure is to be found in market-oriented measures.
The government has put increasing pilot cities for property tax trials on the work agenda this year, the China Securities Journal reported Monday.
According to the latest data from the National Bureau of Statistics, new home prices rose in almost all Chinese cities in March.
U.S. President Barack Obama unveiled his 2014 budget Wednesday, aiming to rein in the deficit by raising taxes on the affluent and curbing government spending on programs including Social Security and Medicare.
The State Council, or China's cabinet, on Wednesday decided to expand its value-added tax (VAT) reform to nationwide and more industries to further reduce tax burdens on businesses.
Pre-opening queues have snaked around Chinese property trading centers in the past few days, with those in line vexed by the uncertain roll-out date of stricter market regulations.
The U.S. payroll taxes increase, taking effect at the beginning of January, cut the take-home pay of many working Americans and dampened consumption especially for the vulnerable.
Australian Labor government has been under fire with allegations that its mineral resources rent tax (MRRT) is deeply flawed and failed to deliver the revenue designed to fund superannuation reform and small business tax breaks.
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