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By By ANNIE LOWREY, on May 17th, 2013 The plan includes limiting the deductions and exclusions high-income families can claim, increasing taxes on tobacco products and adopting a new minimum tax on income over $1 million.
Continue reading Obama’s Budget Would Cut $1 Trillion From Deficit
By , on May 13th, 2013 <!– google_ad_section_start –> The Communist Party’s flagship newspaper on Monday published a scathing rebuke against local governments wasting public funds on luxurious office buildings, despite its own construction of a 150m-tall tower in Beijing. <!– google_ad_section_end –>
Continue reading People’s Daily slams Chinese local governments over luxury buildings
By By JONATHAN WEISMAN, on May 6th, 2013 A bipartisan coalition won a 69-to-27 vote to require online retailers to collect sales taxes for state and local governments. But antitax forces hope the House will kill the measure.
Continue reading Senate Passes Bill to Widen Tax Collection on the Web
By By PETER LATTMAN and PETER EAVIS, on April 30th, 2013 Why would a company with $145 billion in cash even bother to issue debt? The answer has a lot to do with the frenzied state of the bond markets.
Continue reading DealBook: Apple Raises $17 Billion in Record Debt Sale
By By SIMON ROMERO, on April 25th, 2013 On paper, Paraguay is the fastest-growing country in the Americas, but its economic success exists only in pockets: more than 30 percent of the population lives in poverty.
Continue reading Boom Times in Paraguay Leave Many Behind
By , on April 22nd, 2013 <!– google_ad_section_start –> Greece will be offering residence to non-EU investors buying or renting property worth over €250,000 (HK$2.5 million), in a bid to revive its moribund real estate industry, officials say. The initiative, voted into law last week, comes in response to strong demand from Arab, Chinese and Russian investors, the officials from the interior ministry and property groups told a news conference yesterday. <!– google_ad_section_end –>
Continue reading Greece entices non-EU property investors with residence offer
By By STEVEN ERLANGER and DAVID JOLLY, on April 10th, 2013 President François Hollande of France announced the creation of a special prosecutor of corruption and tax fraud and vowed to eradicate tax havens.
Continue reading European Countries Move to Toughen Stance on Tax Evasion
By By ANDREW HIGGINS, on March 23rd, 2013 With Cyprus’s role as a provider of financial services for Russians, what began as another episode in a familiar narrative has escalated into a drama with geopolitical implications.
Continue reading Russian Ties Put Cyprus Banking Crisis on East-West Fault Line
By By LIZ ALDERMAN, on March 19th, 2013 Cyprus’s president, Nicos Anastasiades, was set to return to negotiations with lenders after lawmakers rejected a package that would tax depositors to help fund a financial rescue.
Continue reading Rejection of Deposit Tax Scuttles Deal on Bailout for Cyprus
By By REUTERS, on March 19th, 2013 A vote scheduled for Tuesday on the divisive measure, part of a European Union bailout, will probably not pass, a government spokesman said.
Continue reading Cyprus Set to Reject Tax on Bank Deposits
By By LIZ ALDERMAN, on March 16th, 2013 The move revived fears of bank runs elsewhere in the euro zone, especially after a top European official on Saturday declined to rule out similar measures on depositors in countries beyond Cyprus.
Continue reading Facing Bailout Tax, Cypriots Try to Get Cash Out of Banks
By , on March 15th, 2013 <!– google_ad_section_start –> Wang made his name as the party boss of the export powerhouse of Guangdong province, where he pushed for social and political reform. At 58, Wang will be the youngest of the vice-premiers who assist Premier Li Keqiang in running the world’s second-biggest economy, four independent sources said. Wang will be the third-ranked vice-premier. <!– google_ad_section_end –>
Continue reading Reformer Wang Yang set to be one of four vice-premiers
By , on March 14th, 2013 <!– google_ad_section_start –> The Obama administration is drawing up plans to give all US spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document. <!– google_ad_section_end –>
Continue reading US Treasury plans to open database to nation’s intelligence agencies
By , on March 13th, 2013 
New rights for air passengers are unveiled by the European Commission, including rerouting travellers with rival carriers if a flight is delayed for more than 12 hours.
Continue reading EU unveils new air passenger rights
By , on March 12th, 2013 <!– google_ad_section_start –> Plans by British Columbia’s government to apologise for the “head tax” that Canada once imposed on Chinese immigrants appear to have been shelved, amid uproar over a leaked government strategy paper on how to woo the ethnic vote. <!– google_ad_section_end –>
Continue reading ‘Vote ploy’ uproar stalls BC premier’s plan to apologise for Chinese head tax
By , on March 6th, 2013 <!– google_ad_section_start –> Chinese couples are flocking to divorce to evade a new tax on home sales after the government cracked down on property speculation, the Shanghai Daily newspaper reported on Wednesday. China’s central government last Friday issued rules to rein in house prices, including a nationwide capital gains tax of 20 per cent on profits owners make from selling residential property. <!– google_ad_section_end –>
Continue reading Chinese divorce to avoid property tax
By By RICHARD W. STEVENSON, on March 3rd, 2013 Four months after President Obama won a second term, the only issue truly uniting Republicans is a commitment to shrinking government through spending cuts, low taxes and less regulation.
Continue reading Political Memo: G.O.P., Lacking Unity, Clings to Budget Goals
By , on March 3rd, 2013 <!– google_ad_section_start –> Experts remain divided on whether Qianhai will meet its lofty goal of helping to transform today’s China like the first special economic zones in Shenzhen and Zhuhai did 30 years ago. <!– google_ad_section_end –>
Continue reading Can real reform take root in Qianhai?
By By JOHN HARWOOD, on March 1st, 2013 At bottom, the standoff over cuts pits Democrats’ wish to cushion market outcomes against Republicans’ desire to limit government.
Continue reading Political Memo: Underlying Budget Impasse Is a Deep Philosophical Divide
By , on February 28th, 2013 <!– google_ad_section_start –> As the annual session of the National People’s Congress and a government reshuffle draw nigh, millions of business executives and wealthy individuals are hoping the new cabinet equates tax reform with tax cuts. <!– google_ad_section_end –>
Continue reading Companies want Beijing to ease tax burden
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People’s Daily slams Chinese local governments over luxury buildings
<!– google_ad_section_start –> The Communist Party’s flagship newspaper on Monday published a scathing rebuke against local governments wasting public funds on luxurious office buildings, despite its own construction of a 150m-tall tower in Beijing. <!– google_ad_section_end –>
Continue reading People’s Daily slams Chinese local governments over luxury buildings
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