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GPA, one of Brazil’s largest food retailers, reported quarterly results that soared past profit estimates on Tuesday due to significant tax re-calculations.

Russia, one of the world’s top three crude producers, is preparing the most radical shakeup of its oil-tax system since 1999. The changes, which will allow the nation’s producers to export crude and oil products duty-free while raising their costs at the wellhead, is set to get the go-ahead from President Vladimir Putin by year-end, […]

To keep the tobacco tax or to throw it out? That’s the million dollar question as the Ministry of Health reviews its impact on smokers, their families and crime.

Campaigners against Uganda’s tax on social media have been broadcasting calls on loudspeakers urging users not to pay the levy, playing a game of cat-and-mouse with police, witnesses said on Tuesday.

New Zealanders are set to pay over $1 billion more in additional fuel taxes over the next three years according to the Governments own numbers, National’s Transport spokesperson Jami-Lee Ross says.

The Office of Tax Simplification (OTS) has come up with a novel way of offering protection to the most vulnerable taxpayers working in the gig economy who engage via online platforms.

Tourism heavyweights have identified fish hooks in the planned international tourist tax which they want changed before it is imposed.

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts.

Tobacco prices are leading to murders and assaults in dairies, Acting Prime Minister Winston Peters says.

The Parliamentary Budget Office report into Australia’s future tax base paints a picture of declining revenues and increasing demands on the public purse.

Russia, whose official stance on digital currencies over the past year has been criticized for its vagueness, is trying to introduce some clarity with regard to tax frameworks for cryptos.

The Parliamentary Budget Office (PBO) has just released a report on trends in Commonwealth taxation receipts. While supporting the expectations of a budget in balance by 2019-20, it exposes worrying trends in the balance of the burden of taxes in Australia. In particular, its analysis of trends in the composition of tax revenue identifies an […]

Tax revenue in South Korea rose last year on brisk corporate earnings and higher property price that led to an increased collection of corporate income tax and capital gains tax, tax service data showed on Thursday.

The High Court has suspended the implementation of new taxes imposed under the Finance Bill 2018, including those on mobile money and kerosene.

For the first time in the country’s history, owners of luxury vehicles with engine capacities of 3 litres or more will now pay an annual tax on their vehicles.

The Department of Finance (DoF) said it is studying the possibility of a tax for carbon emissions after it held an “exploratory” workshop yesterday.

The Russian budget will get a boost of at least 1 trillion roubles ($16 billion) from changes to taxation in oil production and refining in the next six years, two government officials said on Thursday.

Cryptocurrency miners and coin holders will have to adhere to the existing norms of the tax code, Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, explained in an interview for Izvestia.

The South Korean government has announced a plan to revise the current tax rules to widen benefits for companies that focus on the development of nascent technologies, including blockchain, as part of the country’s push for innovation growth.

Uganda announced Tuesday that it has so far collected Ush7 billion (about Ksh188.4 million) from the newly-introduced tax on social media and mobile money transactions just a week into the new financial year.

Treasury has proposed certain amendments to the Income Tax Act relating to the tax treatment of cryptocurrencies in the recently issued Draft Taxation Laws Amendment Bill (draft TLAB).

The Parliamentary Budget Office has cast its eye over the future of tax revenue in Australia, and says federal coffers will become more reliant on income tax.

The UK government is to compensate thousands of soldiers who faced having to pay more income tax because they are based in Scotland. Anyone earning more than about £26,000 in Scotland now pays more income tax than they would if they lived elsewhere in the UK.

Excise tax imposed by the governments of the UAE, Saudi Arabia and Bahrain on energy and carbonated drinks are discriminatory and do not cover all products which have high sugar content, a senior official of the European Union told Gulf News.

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