Kevin Rudd, the Australian Prime Minister has reinforced proposals to
extractive companies, including FTSE 100 heavyweights Rio Tinto and BHP
Billiton, with a 40% tax on profits.
The proposals have been met with outcry from the companies targeted and Mr
Rudd had met mining executives in the wake of the protests.
“They were forthright in putting their views and their concerns about the
super profits tax that we’re proposing,” Mr Rudd told an Australian radio
“I was equally forthright in explaining why we believe this is necessary.”
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