Republicans in the US Senate have shot down moves to charge oil companies a
windfall profits tax.
The proposals, which were coined as the ‘Consumer First Energy Act,’ were
floated to combat the rapidly rising price of gasoline but needed 60 votes to be
pushed through but only received the backing of 51 senators.
Pressure groups in the UK have called for similar moves to be made after
companies made bumper profits.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states