The new German ‘grand coalition’ has backed away from radical changes to the
country’s tax system.
Angela Merkel, the new chancellor, had, through her close links with Paul
Kirchhof, made overtures towards the idea of introducing a flat tax system.
Coalition politicians have indicated that cuts to corporation tax are likely,
but the far-reaching reforms envisaged by Kirchhof and others were ruled out
yesterday, the FT reports.
Discussions are ongoing as to how to finance the corporation tax cut, which
is thought necessary to boost the economy.
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