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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European Central Bank President Christine Lagarde, Cyprus' Economy Minister Constantinos Petrides, Eurogroup President Mario Centeno, European Commissioner for Economy Paolo Gentiloni, Austrian Finance Minister Gernot Blumel and German Finance Minister Olaf Scholz, from left, talk each other during a meeting of European Union Finance Ministers in Eurogroup format at the Europa building in Brussels, Monday, Jan. 20, 2020. (AP Photo/Francisco Seco)
February 18, 2020 - 5:06 am
BRUSSELS (AP) — The European Union has added four countries and jurisdictions to its blacklist of tax havens. EU finance ministers decided to add the Cayman Islands, Palau, Panama and the Seychelles to the list of jurisdictions that have not implemented the necessary tax reforms to be in line with...
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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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French Finance Minister Bruno Le Maire, left, and European Trade Commissioner Phil Hogan attend a media conference after their meeting in Paris, Tuesday, Jan. 7, 2020. The talks are focused on U.S. tariffs on French wine and other goods. (AP Photo/Michel Euler)
January 22, 2020 - 10:38 am
DAVOS, Switzerland (AP) — France's finance minister said Wednesday that his country will delay its tax on the digital business of big tech firms like Google and Faceook and that the United States will hold off retaliatory sanctions. Bruno Le Maire spoke to reporters after a highly awaited meeting...
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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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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 1, 2019. Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. (AP Photo/Koji Sasahara)
October 01, 2019 - 2:32 am
BANGKOK (AP) — Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. The Reserve Bank of Australia followed the lead of the Federal Reserve and other central banks in cutting its key interest rate, to a record low 0.75%. Sydney's S&P ASX 200...
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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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