Browsing Category
Tax
UK exporters will be hit with a hefty EU Carbon Tax Bill after Sunak’s weakening of climate…
The UK's climate targets have been weakened by Rishi Sunak, leaving British exporters to face hundreds of millions in EU border taxes on carbon within the next 10 years -- revenue that would otherwise have gone to the Treasury.
After the…
Italy reduces bank windfall tax
Italy has further diluted its windfall tax for banks by adding a clause that gives lenders the option of paying the levy instead. This is a concession made to critics, including the European Central Bank.
Giorgia Melons, the Italian…
Abigail Disney calls for taxation of the’super-rich.’
A Disney heiress has called for a tax to be imposed on the "super rich", accusing them of causing an "economical, ecological and human rights catastrophe".
Abigail Disney is one of many signatories to a letter that was sent to the…
Apollo sues over $570mn in tax payments to top executives
According to a shareholder suit filed on Wednesday, Apollo Global Management agreed to pay $570mn in order to cover the taxes of its top executives. This was part of an effort to distance the private equity firm's scandal-plagued founding…