Friday, September 17, 2021

Tax

Global tax evasion hits $ 427 billion annually

Governments around the world lose about $ 427 billion annually due to fraud and tax evasion as companies and wealthy people divert their money to tax havens, according to a comprehensive new report calling for tax reform. According to the...

US judge rejects Trump lawsuit to prevent Congress from getting his tax returns

A federal judge in Washington on Monday dismissed US President Donald Trump's lawsuit to block the House of Representatives Tax and Budget Committee from gaining access to Trump's tax returns through a new law in New York state. Judge Carl...

Italy plans to impose 3 percent tax on tech giants from 2020

Italy has decided to impose a new tax on digital companies, including US technology giants, as part of the 2020 budget project, a move that could attract threats of retaliation from Washington. According to the site TOI, tax due next...

FBR Inland Revenue raids a private school, detects hefty scale tax evasion

The special unit of the Federal Board of Revenue (FBR) has started rounding up tax evaders and those concealing revenues. Regional Tax Office-III has now taken up the school owners following regulatory action against politicians, businessmen and celebrities.   In pursuance...

Asad Umer to aim Industrialisation while maximising tax revenues on 23rd Jan Mini-Budget

By Muzammil Aslam Mini Budget to be announced on Jan 23rd, Finance Minister. Stock market investors will hear good news. We believe, some relief expected in capital gain and dividend taxation. Plus, carry forward losses to 3 years Exports...
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Latest News

200-foot-long ship discovered in Bermuda Triangle with bizarre cargo

Investigators in the Bermuda Triangle have made a big discovery as they attempt to solve the disappearance of five...
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