EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and referring Ireland to the top EU court for failing to collect billions from Apple. Europe’s competition chief Margrethe...
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‘The Party’s Over’: How GST Will Impact Those Who Don’t Pay Taxes

‘The Party’s Over’: How GST Will Impact Those Who Don’t Pay Taxes

New Delhi: Rakesh Sachdeva sells auto parts in a busy market in central Delhi, just a few miles from Prime Minister Narendra Modi’s office. Yet despite having a flourishing business he does not pay any tax. Until now, his rundown...
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Trumps plan to slash business taxes seen as guidepost by congressional Republicans

Trumps plan to slash business taxes seen as guidepost by congressional Republicans

President Donald Trump unveiled a one-page plan on Wednesday proposing deep U.S. tax cuts, many for businesses, that would make the federal deficit balloon if enacted, drawing a cautious welcome from fiscal conservatives and financial markets. While the propos...
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