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Keywords: Tax
India is considering changes to its tax framework aimed at making the country more attractive to offshore investment funds by reducing the risk of local tax liabilities when foreign investors operate through India-based fund managers. The proposed amendments, outlined in a draft bill, are part of government......
Japan is set to introduce its most significant consumption tax reform in decades after Prime Minister Sanae Takaichi announced a temporary reduction in the tax applied to food and beverages. Beginning in April 2027, the rate will fall from 8% to 1% for a two-year period as the government seeks to cushion......
British Prime Minister Andy Burnham has pledged to maintain the Labour Party’s tax commitments while pursuing reforms to the way adult social care is funded in England. Speaking on Wednesday during discussions with care home residents, workers, volunteers, and sector representatives in London,......
Japanese Prime Minister Sanae Takaichi is facing mounting political and financial challenges as declining public support limits her government's room to maneuver on economic policy, intensifying pressure from investors concerned about Japan's fiscal outlook. Recent opinion polls show Takaichi's......
Morocco recorded a significant improvement in its public finances during the first half of 2026, with the national budget deficit shrinking by more than one-fifth compared with the same period last year. The latest Treasury Revenue and Expenditure Report released by the Ministry of Economy and Finance......
Morocco has joined the ranks of nations with the highest corporate income tax rates worldwide after raising its statutory corporate tax rate by one percentage point to 35 percent, according to the latest Corporate Tax Statistics 2026 report published by the Organisation for Economic Co-operation and......
Users of paid artificial intelligence services in Morocco could soon see changes to their subscription invoices, as OpenAI, the company behind ChatGPT, has reportedly notified some customers that local taxes may be added to future payments starting August 1, 2026. The move is linked to Morocco's......
easyJet reported a sharp decline in quarterly earnings after higher fuel costs and weaker travel demand linked to geopolitical tensions in the Middle East significantly affected the low-cost carrier's financial performance. The British airline posted a pre-tax profit of £85 million for the......
Italy will introduce its planned tax on low-value imported parcels in addition to a new European Union customs charge, creating a combined levy on small shipments entering the country from outside the bloc. Economy Minister Giancarlo Giorgetti confirmed the government's approach during a parliamentary......