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Paradise Papers leak reveals secrets of the world elite's hidden wealth

Ahugenewleakoffinancialdocumentshasrevealedhowthepowerfulandultra-wealthy,includingtheQueen'sprivateestate,secretlyinvestvastamountsofcashinoffshoretaxhavens.Do

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5 key changes of America's new tax plan

Thetax-planproposaloutlinedbyCongressionalRepublicanswouldaffectAmericansacrosstheboard,withbigchangesforcertaintaxbreaksandtheoutrighteliminationofothers.Still

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U.S. House Republicans unveil long-awaited tax cut bill

RepublicansintheU.S.HouseofRepresentativesonThursdayunveiledthelong-awaitedbilltooverhaultheU.S.taxcodeindecadesbysignificantlycuttingindividualandcorporateinco

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Samsung withdraws 4 bln USD from borrowed accounts without paying taxes

SamsungElectronicsChairmanLeeKun-hee,chiefofSamsungGroup,SouthKorea'sNo.1family-controlledconglomerate,withdrewalmost4billionU.S.dollarsfromborrowedaccountswith

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US narrowly passes measure paving way for Trump tax cuts

TheUSHouseofRepresentativeshelpedpavethewayonThursdayfordeeptaxcutssoughtbyPresidentDonaldTrumpandRepublicanleaders,butbarelyovercamearevoltwithinpartyranksthat

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Moody's economist: GOP tax plan is set up to fail

TheTrumpadministrationandRepublicanCongressionalleadershipwanttogobigontaxreform.Theyhaveproposedabroadsetofchangestothecorporateandpersonalincometaxcodes,inclu

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US Senate passes budget blueprint key to Trump tax effort

USPresidentDonaldTrump'sdrivetooverhaultheUStaxcodeclearedacriticalhurdleonThursdaywhentheSenateapprovedabudgetblueprintforthe2018fiscalyearthatwillpavethewayfo

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Analysis: How much more could Dow Jones rise?

TheDowJonesindustrialaveragenotchedthefourthmilestonethisyearonWednesday,asinvestorsrenewedhopesforacomprehensivetaxreformbytheendofthisyearwhilecheeringoverbet

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Trump pushes ahead tax reform, but GOP lawmakers squabbling over details

U.S.PresidentDonaldTrumpispressingforwardontaxreform,butkeymembersofhispartyaresquabblingoverthedetailslikechickensfightingovergrain,beggingthequestionofwhether

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Trump team: US families will receive extra $4,000 a year from tax cuts

TheTrumpadministrationsaidonMondaytheaverageUShouseholdwillgetanestimated$4,000moreayearaftercorporatetaxratesareslashedunderitsplannedtaxreforms.Proposingastun

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US rejects French proposal on taxing tech companies

TheUSdoesnotsupportaFrenchproposaltotaxthegrossrevenuesofinternationaltechcorporationslikeGoogleandAmazon,TreasurySecretaryStevenMnuchinsaidonSaturday.Europeana

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Pakistan’s tax to GDP ratio fell to 12.5pc during FY 2016-17

StateBankofPakistanreleasedits“StateofEconomy”annualreportwhichcitedthatthecountry’staxtoGDPratiowasthelowestintheregionbytouching12.5pcduringfinancialyear2016-

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Indonesia says investigating StanChart $1.4 billion transfer to Singapor

Indonesiaisinvestigatingreportsthat$1.4billionheldbyStandardCharteredPlcinGuernsey,mainlyonbehalfofIndonesianclients,wastransferredtoSingaporejustbeforetheislan

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India: Modi promises to enhance ease of doing business

ByAPDWriterRishikaChauhanNEWDELHI,October8(APD)--AddressingthecountryonSaturday,PrimeMinisterNarendraModipromisedthattherecentlyintroducedeconomicreformswouldhe

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Tax-cut plan prompts fund managers to bet on automation

TheTrumpadministration’splantocutcorporatetaxesmayaddmorefueltothealready-hotrallyinthesharesofautomationcompanies.FundmanagersfromColumbiaManagementInvestmentA

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Facebook UK posts £58m profit but faces questions over tax bill

Facebookcouldfacefreshallegationsthatitdoesn'tpayenoughtaxafterannualresultsshoweditsUKbusinesshasswungbackintoprofit.Thecompany'sturnoverquadrupledtomorethan£8

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Trump tax plan for 'average Americans' mainly help richest 1%: study

DonaldTrump’s“once-in-a-lifetime”plantocuttaxesfor“averageAmericans”wouldmainlybenefittherichest1%anddeliveronlymodestcutsformostUShouseholds,accordingtoanindep