ARTICLES RELATING TO TAXES

Over 3.8 million submit tax returns

2014-11-18 20:10

The SA Revenue Service says 3.8 million South Africans have already submitted their tax returns as the end to the tax season fast approaches.

France's unpopular Hollande vows no new taxes

2014-11-07 09:26

French President Francois Hollande says no new taxes will be imposed on anyone in France next year as he seeks to shake off record-low approval ratings.

Lonmin denies evading tax

2014-09-23 07:00

Lonmin says reports that it is evading tax are completely false after calls that the company should be investigated.

Austrian finance minister quits in tax row

2014-08-26 14:30

Austrian Vice-Chancellor and Finance Minister Michael Spindelegger has unexpectedly resigned from all his posts relating to a row over tax reform.

First sin tax and now sweet tax?

2014-08-21 06:00

A proposed tax on sugar-sweetened drinks will result in more revenue for the state and funds to buy medication and build clinics and hospitals, a union says.

Corporate foreign tax moves have bedeviled US

2014-08-18 14:30

The US government has grappled with corporate deals known as inversions in which US companies shift their tax domiciles abroad to avoid US taxes.

Japan cuts growth outlook after tax hike

2014-07-22 09:32

The Japanese government has downgraded the nation's economic growth forecast for the current financial year to 1.2%, amid the impact of a tax increase.

File your tax, urges Cabinet

2014-07-10 11:13

The Cabinet has urged taxpayers to submit their individual returns for the 2014 season because it enables government to fund the country's development plans.

Mining sector tax falls dismally short - EFF

2014-07-03 09:32

Sars is failing to collect maximum revenue from the private sector and BEE players in the mining industry are involved in transfer pricing, claims the EFF.

Tax cuts aim to set Japan swinging

2014-06-23 14:00

Japanese Prime Minister Shinzo Abe is set to unveil measures ranging from corporate tax cuts and public pension reforms to proposed dance hall deregulation.

77 000 banks to share tax info with US

2014-06-02 18:06

More than 77 000 foreign banks have agreed to share information about US account holders as part of a crackdown on offshore tax evasion.

Implats rejects tax dodging allegations

2014-05-30 07:00

Impala Platinum has strongly refuted claims that the mining firm has been involved in tax evasion activities, adding that it has a zero-tolerance stance on fraud.

Tax implications on UT withdrawal

2014-05-09 18:01

A Fin24 user wants to know the tax implications of cashing out part of his unit trust earnings.

Gordhan: No wasting of taxpayers' money

2014-04-07 14:17
90 comments

The government owes it to taxpayers to spend their money wisely, honestly and efficiently, says Finance Minister Pravin Gordhan.

UK hikes tax on gambling machines

2014-03-19 20:09

Britain has raised taxes on high-stakes gambling machines, hitting the shares of bookmakers that rely on them for a growing share of their betting shop income.

Anger management classes for tax inspectors

2014-03-11 18:19

Greek tax inspectors are being offered anger management classes after the government said they would have to continue enforcing a deeply unpopular emergency tax.

Spain slashes sales tax on art

2014-01-24 19:40

Spain's government has cut a tax on sales of works of art as to help the cultural industry, which has been howling about the impact of a 21% sales tax.

Energy-saving firms to get tax cuts

2013-12-04 11:55

Tax incentives are being introduced for businesses that can show measurable electricity savings, the energy department says.

Ex-UBS banker wanted in tax probe

2013-10-21 13:21

A former top executive at Swiss bank UBS wanted in the United States for allegedly helping wealthy Americans avoid paying tax was arrested in Italy, says police.

UK's Labour party wants to hike bank taxes

2013-09-23 14:51

Britain's Labour party says it will increase taxes on banks' balance sheets and introduce a levy on bankers' bonuses to fund welfare if it wins the 2015 election.

Tax returns freaking you out?

2013-08-13 09:51

Are you worried about completing your tax returns? Don’t fret – we’ve got expert tips for you.

CEO: UK consumers can drive tax change

2013-06-25 19:20

Britain's consumers, rather than its politicians, are more likely to bring about change in the country's taxation regime, says Sainsbury boss.

Facing up to fiscal constraints

2013-02-25 11:12

While hopes of economic stability are pinned on the budget speech, it will take time for the government to turn the fiscal corner, says a leading economist.

Oldest Swiss bank victim of US tax probe

2012-01-27 15:11

Wegelin bank has had to sell its non-US business to shield it from fallout with US authorities as it faces a potential probe into assisting US taxpayers to hide assets.

Vodafone wins India tax case

2012-01-20 10:55

A court has ruled in favour of Vodafone, saying India's tax department has no jurisdiction over it in a dispute over a $2bn tax bill.

 

China waives tax for foreign stock investors

2014-11-14 19:13

China's ministry of finance says it will waive a capital-gains tax for foreigners buying mainland Chinese stocks.

Irish tax changes may cost US groups billions

2014-10-14 18:52

Ireland's plan to close a "Double Irish" tax loophole could cost US companies including Apple and Google billions of dollars.

Sars must probe Lonmin, Ramaphosa - EFF

2014-09-19 20:29

The EFF has called on Sars to probe Lonmin and its directors for tax evasion after a report that the company paid about R200m in commissions to agents in Bermuda.

Who is settling Julius Malema's taxes?

2014-08-24 16:06
173 comments

Julius Malema is set to face tough questions from the taxman about where he got the money to pay his R18m tax bill.

Tax inversion: Not helpful to investors

2014-08-18 15:00

Establishing a tax domicile abroad to avoid taxes is a hot strategy in corporate America, but many of these firms fail to produce above-average returns for investors.

Burundi govt seeks new taxes

2014-08-04 16:45

Burundi's national assembly has passed a revised budget bill proposing a "new stamp tax" on items like wines, liquors, cosmetics, tobacco and mobile phones.

Hollande hints at tax cut for middle class

2014-07-15 09:30

French President Francois Hollande has suggested that his government will ease taxes for the middle classes.

Credit Suisse seeks delay in US tax case

2014-07-10 09:29

Credit Suisse has asked a US court to delay sentencing in its tax-evasion case as it seeks a way to continue managing pension funds worth billions of dollars.

Scrap hotel tax hike, say French ministers

2014-06-30 13:39

French ministers have attacked proposals to increase taxes on hotel stays and called for them to be scrapped because it could harm the tourism sector.

Alitalia to shed up to 2 500 workers

2014-06-03 13:23

Italian air carrier Alitalia will lose about a fifth of its 12 800-workforce as part of its upcoming alliance with the United Arab Emirates' Etihad Airways.

Tax evasion claim is false, says Lonmin

2014-05-30 18:26

Accusations that Lonmin is negotiating in bad faith and might be guilty of tax and wage evasion are completely false, the platinum mining company says.

Credit Suisse gets $2.6bn US tax fine

2014-05-20 10:32

Credit Suisse has agreed to pay $2.6bn in fines, after US prosecutors said it helped clients deceive US tax authorities by concealing assets in illegal bank accounts.

Credit Suisse doing all to end US tax dispute

2014-05-09 17:15

Swiss banking giant Credit Suisse said Friday that resolving a dispute with Washington over its past assistance to US tax dodgers was a top priority.

Rwanda might offer tax breaks

2014-03-26 18:07

Rwanda may offer reduced tax rates for investors in energy, transport and logistics, as well as to fund managers and export-oriented projects.

Call for Spain to cut rates, hike VAT

2014-03-14 19:36

Spain must cut individual and business tax rates and increase levies on items from alcohol to fuel to repair one of Europe's lowest tax takes, proposals show.

Britain cuts big companies' tax bill

2014-01-30 14:25

Britain cut the tax bills of many of its biggest firms by 26% last year as government efforts to cut the nation's debt stir controversy.

Vodafone's Indian tax woes grow

2013-12-19 16:35

Vodafone has received a final tax demand of about $604m from Indian authorities, adding to its tax disputes in the country.

E-tolls is different to tax, VAT

2013-10-21 13:33

E-tolls is not a mere PAYE or VAT line on your payslip or retail receipt. It whisks away your money every time you try to get to work to earn your daily bread, writes a Fin24 user.

We don't need handouts to create jobs - Numsa

2013-10-15 17:12

Offering tax incentives to employers will not help solve the ticking time bomb of youth unemployment, says the National Union of Metalworkers of SA.

Tax returns freaking you out?

2013-08-14 00:00

Are you worried about completing your tax returns? Don’t fret – we’ve got expert tips for you.

Grants place huge burden on taxpayers

2013-06-27 12:08

SA now has more people on social welfare than with jobs and the tax base may not grow fast enough to cope, warns a research body.

Sars warns taxpayers on new deadline

2013-03-12 20:00

The SA Revenue Service has urged taxpayers to make all outstanding payments by March 28 due to the upcoming public holiday and to avoid any last-minute rush.

Tax dodgers in state's sights

2012-02-22 16:12

The authorities are to clamp down on tax evaders, says the finance minister, while a voluntary disclosure programme yielded more than R1bn in revenue.

Romney unveils $6.2m tax bill for 2010/11

2012-01-24 16:56

Republican presidential candidate Mitt Romney has released tax returns showing he will pay $6.2m in taxes on $42.5m income for 2010/11.

US Congress poised to pass payroll tax cuts

2011-12-23 09:56

After months of bitter disagreement, lawmakers are expected to pass a payroll tax cut extension that President Barack Obama argues is vital to the health of the US economy.

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