Topic
international-taxation
3 stories related to this topic, newest first.
The Independentfinance4 days ago
UK loses £600 million yearly tax revenue under US exemption
Britain is set to forgo about £600 million in yearly tax receipts after the United States received an exemption from a 15 percent global minimum tax agreed by nearly 150 countries. HMRC officials disclosed the figure during a Public Accounts Committee hearing examining multinatio…
The Independentpolitics4 days ago
UK to miss out on £600m in tax due to US exemption, says HMRC
HMRC estimates the United Kingdom will forgo about £600 million annually after the United States received an exemption from the global minimum tax agreement. The figures were released during a review by Parliament’s Public Accounts Committee.
koreatimes.co.krworld67 days ago
Seoul Appeals Court Sides With Google Korea in Corporate Tax Dispute
An appeals court upheld a lower court ruling in favor of Google Korea in a corporate tax cancellation case valued at more than 150 billion won. The Seoul High Court sided with the company over taxes imposed in 2020 related to income transferred to its Singapore unit. The court di…