Showing 1 to 12 of 36 results
Spanish Tax Revenue Reaches Record High in July 2024
Spain's July 2024 tax revenue hit a record high, exceeding expectations due to increased income tax payments, particularly from capital gains and property transactions, despite the government's failure to adjust tax brackets for inflation.
Spanish Tax Revenue Reaches Record High in July 2024
Spain's July 2024 tax revenue hit a record high, exceeding expectations due to increased income tax payments, particularly from capital gains and property transactions, despite the government's failure to adjust tax brackets for inflation.
Progress
44% Bias Score
Baykar Chairman Tops Turkey's 2024 Income Tax List
Selçuk Bayraktar, chairman of Baykar, paid the highest income tax in Turkey for 2024, at 2,767,587,718 Turkish Lira, primarily due to export revenue; only 21 of the top 100 taxpayers' identities were disclosed by the General Directorate of Tax (GIB).
Baykar Chairman Tops Turkey's 2024 Income Tax List
Selçuk Bayraktar, chairman of Baykar, paid the highest income tax in Turkey for 2024, at 2,767,587,718 Turkish Lira, primarily due to export revenue; only 21 of the top 100 taxpayers' identities were disclosed by the General Directorate of Tax (GIB).
Progress
20% Bias Score
CGT Changes Cause Unexpected Drop in Tax Revenue
The UK government's reduction of the annual Capital Gains Tax (CGT) allowance to £3,000 and increase in tax rates has resulted in lower-than-expected tax revenue due to taxpayers delaying asset sales, impacting the Treasury's projected income by £5.5 billion by 2029-30.
CGT Changes Cause Unexpected Drop in Tax Revenue
The UK government's reduction of the annual Capital Gains Tax (CGT) allowance to £3,000 and increase in tax rates has resulted in lower-than-expected tax revenue due to taxpayers delaying asset sales, impacting the Treasury's projected income by £5.5 billion by 2029-30.
Progress
40% Bias Score
German Tax Revenues Surge 8.1% in First Half of 2025, but Sustainability Questioned
German tax revenues increased by 8.1 percent to €447.6 billion in the first half of 2025, driven by higher income, inheritance, and capital gains taxes, despite concerns about the sustainability of this growth due to exceptional cases and economic slowdown.
German Tax Revenues Surge 8.1% in First Half of 2025, but Sustainability Questioned
German tax revenues increased by 8.1 percent to €447.6 billion in the first half of 2025, driven by higher income, inheritance, and capital gains taxes, despite concerns about the sustainability of this growth due to exceptional cases and economic slowdown.
Progress
40% Bias Score
Australia's Budget Conundrum: Balancing Productivity and Debt
Australian Treasurer Jim Chalmers faces the challenge of boosting economic productivity while simultaneously controlling government debt, necessitating finding additional tax revenue and reducing spending, potentially through regulatory reform and addressing wasteful spending.
Australia's Budget Conundrum: Balancing Productivity and Debt
Australian Treasurer Jim Chalmers faces the challenge of boosting economic productivity while simultaneously controlling government debt, necessitating finding additional tax revenue and reducing spending, potentially through regulatory reform and addressing wasteful spending.
Progress
56% Bias Score
AstraZeneca's Potential US Relocation Could Cost UK £1 Billion Annually
AstraZeneca, a £161 billion pharmaceutical company, is considering moving its stock market listing from London to Wall Street due to concerns over UK drug pricing and regulatory issues, potentially costing the UK Treasury £1 billion annually in taxes and impacting the UK's economic growth.
AstraZeneca's Potential US Relocation Could Cost UK £1 Billion Annually
AstraZeneca, a £161 billion pharmaceutical company, is considering moving its stock market listing from London to Wall Street due to concerns over UK drug pricing and regulatory issues, potentially costing the UK Treasury £1 billion annually in taxes and impacting the UK's economic growth.
Progress
68% Bias Score
Germany Urges Israel to Release Withheld Palestinian Taxes Amidst Stability Fears
German Development Minister Reem Alabali-Radovan urged Israel to release withheld Palestinian tax revenues, warning of the PA's potential collapse and the risk of Hamas gaining influence. Germany is considering additional aid to the PA and will discuss further EU aid. The situation jeopardizes the t...
Germany Urges Israel to Release Withheld Palestinian Taxes Amidst Stability Fears
German Development Minister Reem Alabali-Radovan urged Israel to release withheld Palestinian tax revenues, warning of the PA's potential collapse and the risk of Hamas gaining influence. Germany is considering additional aid to the PA and will discuss further EU aid. The situation jeopardizes the t...
Progress
48% Bias Score
German Tax Audits Plummet 60% in a Decade
Germany's tax audit numbers dropped nearly 60 percent over ten years, impacting revenue and disproportionately affecting small businesses, due to fewer auditors and complex cases.
German Tax Audits Plummet 60% in a Decade
Germany's tax audit numbers dropped nearly 60 percent over ten years, impacting revenue and disproportionately affecting small businesses, due to fewer auditors and complex cases.
Progress
44% Bias Score
Victorian Government to Use Existing Taxes to Fund Suburban Rail Loop
The Victorian government plans to use a portion of existing stamp duty and land taxes near Suburban Rail Loop stations to fund the \$34.5 billion project, a shift from its initial reliance on value capture, raising concerns about the state budget and potential impacts on housing costs.
Victorian Government to Use Existing Taxes to Fund Suburban Rail Loop
The Victorian government plans to use a portion of existing stamp duty and land taxes near Suburban Rail Loop stations to fund the \$34.5 billion project, a shift from its initial reliance on value capture, raising concerns about the state budget and potential impacts on housing costs.
Progress
44% Bias Score
Greek Tax Returns Reveal €6.1 Billion Owed by Businesses, €250 Million by High-Income Individuals
As of this week, approximately 165,000 Greek tax returns were filed, with 75,000 resulting in an additional €250 million in taxes. Meanwhile, 334,376 businesses submitted returns, with 72.95% owing €6.1 billion in taxes. The deadline for tax submissions is this coming Monday.
Greek Tax Returns Reveal €6.1 Billion Owed by Businesses, €250 Million by High-Income Individuals
As of this week, approximately 165,000 Greek tax returns were filed, with 75,000 resulting in an additional €250 million in taxes. Meanwhile, 334,376 businesses submitted returns, with 72.95% owing €6.1 billion in taxes. The deadline for tax submissions is this coming Monday.
Progress
36% Bias Score
French Local Tax Revenue Up 5% in 2024
French local governments collected €68.5 billion in direct tax revenue in 2024, a 5% increase from 2023 driven by a rise in property taxes paid by households (€47.9 billion) and businesses (€10.9 billion), with increases in property values playing a larger role than mayoral tax rate decisions.
French Local Tax Revenue Up 5% in 2024
French local governments collected €68.5 billion in direct tax revenue in 2024, a 5% increase from 2023 driven by a rise in property taxes paid by households (€47.9 billion) and businesses (€10.9 billion), with increases in property values playing a larger role than mayoral tax rate decisions.
Progress
36% Bias Score
Record .133 Billion Euros Collected in Spain's 2024 Net Worth Tax
Spain's tax agency, Hacienda, collected a record .133 billion euros from the net worth tax in 2024, exceeding the 2023 revenue by 11.6% and driven by a positive stock market and the reinstatement of the tax in Andalusia and Madrid.
Record .133 Billion Euros Collected in Spain's 2024 Net Worth Tax
Spain's tax agency, Hacienda, collected a record .133 billion euros from the net worth tax in 2024, exceeding the 2023 revenue by 11.6% and driven by a positive stock market and the reinstatement of the tax in Andalusia and Madrid.
Progress
40% Bias Score
Showing 1 to 12 of 36 results