The State Council finished reviewing the draft law of value-added tax (VAT). The law was sent to …
Tax
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International News
Japan PM delaying sales tax rise, fiscal reform on back burner
by Noha Gadby Noha GadJapanese Prime Minister Shinzo Abe told lawmakers on Wednesday that he has decided to delay a scheduled …
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Financial Institutions
S&P says Japan sales tax hike delay makes ‘some sense’
by Noha Gadby Noha GadDelaying a sales tax increase in Japan scheduled for April next year makes “some sense” because the …
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Japanese retail sales fell in April for the second consecutive month, bolstering the argument that a nationwide …
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forex news
Dollar rises on Fed rate hike bets; yen sags on likely delay to sales tax hike
by Noha Gadby Noha GadThe dollar hit a one-month high against the yen on Monday and stood tall against other peers …
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Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax by two and a …
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Tech news
Google’s offices in Paris raided by French authorities over tax allegations
by Ghada Ismailby Ghada IsmailFrance will “go all the way” to ensure that multinationals operating on its soil pay their taxes …
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Japanese stocks rose in thin trade on Friday, amid the growing prospect that Prime Minister Shinzo Abe …
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International News
Greek parliament approves reforms in exchange for aid, debt relief
by Noha Gadby Noha GadGreek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale …
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Egypt News
Egypt’s finance ministry releases VAT-free goods and services list
by aya salahby aya salahEgypt’s finance ministry has listed 52 commodities and services that will be exempted from a new value-added …