Tax reform

European Commissioner for An Economy that Works for People Valdis Dombrovskis, left, speaks with European Central Bank Vice-President Luis de Guindos, right, and President of the European Investment Bank Werner Hoyer during a meeting of EU finance ministers at the Europa building in Brussels, Tuesday, Feb. 18, 2020. EU finance ministers meet Tuesday to discuss tax havens. (AP Photo/Virginia Mayo)
February 18, 2020 - 8:40 am
BRUSSELS (AP) — The European Union has added four countries and jurisdictions to its blacklist of tax havens , including the British overseas territory Cayman Islands. EU finance ministers decided to also add Palau, Panama and the Seychelles to the list of jurisdictions that have not implemented...
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FILE - In this Wednesday, Oct. 23, 2019 file photo, Facebook CEO Mark Zuckerberg testifies before a House Financial Services Committee hearing on Capitol Hill in Washington on Facebook's impact on the financial services and housing sectors. Facebook CEO Mark Zuckerberg plans to throw his support behind international reforms that would require Silicon Valley tech giants to pay more tax in Europe. (AP Photo/Andrew Harnik, File)
February 14, 2020 - 8:35 am
LONDON (AP) — Facebook CEO Mark Zuckerberg plans to throw his support behind international reforms that would require Silicon Valley tech giants to pay more tax in Europe. The billionaire social network founder is due to meet members of the European Union's executive Commission in Brussels and...
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December 19, 2019 - 10:05 am
RALEIGH, N.C. (AP) — Former North Carolina Gov. Pat McCrory announced Thursday that he won't try to recapture his old office in 2020, but will continue to consider a U.S. Senate bid in 2022. The Republican revealed his decision on his morning radio program in Charlotte, where he served as mayor for...
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Senate Minority Leader Chuck Schumer of N.Y., speaks with reporters after a meeting with President Donald Trump at the White House, Wednesday, Oct. 16, 2019, in Washington. (AP Photo/Alex Brandon)
October 22, 2019 - 11:15 am
WASHINGTON (AP) — Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions. Democrats will force a vote, scheduled for Wednesday, to overturn the regulation through the Congressional Review Act,...
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FILE - In this Feb. 14, 2019, file photo, New York Gov. Andrew Cuomo speaks before signing a bill in New York. Cuomo said that the plaintiffs in a challenge to the Republican-led tax overhaul filed last year "are evaluating all options including appeal," after a federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. (AP Photo/Seth Wenig, File)
October 01, 2019 - 9:09 pm
NEW YORK (AP) — A federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. Judge J. Paul Oetken dismissed a challenge on Monday to the Republican-led...
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In this Sept. 30, 2019, photo, a signboard says "Consumption tax hike, 8 percent to 10 percent", at a mass home electronics retailer in Tokyo. Japan has raised consumption tax to 10 percent from 8 percent, amid concerns that it could sink the Japanese economy though government officials say ample measures are taken to minimize the impact. (Shinji Kita/Kyodo News via AP)
October 01, 2019 - 4:14 am
TOKYO (AP) — Japan raised its national sales tax to 10% from 8% on Tuesday, risking short-term pain for the sake of the country's future financial stability as it copes with a fast aging and shrinking population. Previous tax increases, a 2-point increase to 5% in 1997 and another to 8% in 2014,...
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Dutch King Willem-Alexander and Queen Maxima salute the coat of arms after arriving in a horse-drawn carriage outside the Knight's Hall in The Hague, Netherlands, Tuesday, Sept. 17, 2019, for a ceremony marking the opening of the parliamentary year with a speech by King Willem-Alexander outlining the government's budget plans for the year ahead. (AP Photo/Peter Dejong)
September 17, 2019 - 10:22 am
THE HAGUE, Netherlands (AP) — The Dutch government said Tuesday it plans to reform a business tax rule that allows wealthy multinationals to reduce the amount of tax they pay on their profits. The government said the plan, which has to be passed by parliament, will generate 265 million euros ($292...
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Lawyers march during a protest against the planned pension change in Paris, Monday, Sept. 16, 2019. French lawyers, doctors, nurses, pilots and others are taking to the streets of Paris to protest planned pension changes by French President Emmanuel Macron's government. Placard read, "no to the pension tax". (AP Photo/Michel Euler)
September 16, 2019 - 11:51 am
PARIS (AP) — Thousands of French professionals, including lawyers and doctors, took to the streets of Paris Monday in a new protest against the government's planned pension changes. The protest saw lawyers, doctors, nurses and others in regulated professions vent their displeasure at the proposed...
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Greece's Prime Minister Kyriakos Mitsotakis delivers a speech during the Thessaloniki International Fair at the northern city of Thessaloniki, Saturday, Sept. 7, 2019. Mitsotakis outlined his economic policies for the next year, as heads of government have traditionally done over the years. (AP Photo/Giannis Papanikos)
September 08, 2019 - 2:20 am
THESSALONIKI, Greece (AP) — Greece's prime minister said financial reforms such as reducing taxes, fighting bureaucracy and attracting investment must be implemented before the country asks its creditors to agree to lower budget surpluses. Prime Minister Kyriakos Mitsotakis laid out his economic...
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FILE - In this Thursday, June 6, 2019 file photo French President Emmanuel Macron, left, meets U.S President Donald Trump during a ceremony to mark the 75th anniversary of D-Day at the Normandy American Cemetery in Colleville-sur-Mer, Normandy, France. President Donald Trump promised on Friday July 26, 2019 to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook. Trump said referring to French President Emmanuel Macron: "We will announce a substantial reciprocal action on Macron's foolishness shortly."(Ian Langsdon/POOL via AP, File)
July 27, 2019 - 12:47 pm
PARIS (AP) — France is pushing ahead with a landmark tax on tech companies like Google and Facebook despite U.S. President Donald Trump's threats of retaliatory tariffs on French wine. That's rattling French vintners, who sold 1.6 billion euros ($1.78 billion) worth of wine last year to American...
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