Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Reacting to the Finance Minister’s move to exempt annual incomes up to Rs 12 lakh from income tax under the new regime, ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

BEIJING (Reuters) - China's stimulus scheme for consumer goods trade-ins boosted last year's consumption growth by more than 1 percentage point, Vice Commerce Minister Sheng Qiuping said on Friday ...

That’s still on the low side among affluent countries, although there are some large world economies with lower taxes than the US (this chart shows 2022 data because ... The VAT is a consumption tax ...

The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending ...

Donald Trump announced a flurry of executive orders on his first day in office, but for now, at least, he has held off slapping universal tariffs on all imports. Financial markets breathed a sigh of ...

Donald Trump has threatened to double taxes on foreign nationals and companies in a row over “discriminatory” levies on US businesses. The president has instructed the secretary of the ...

Donald Trump says a recently agreed global minimum corporation tax scheme unfairly gave the OECD power over US policy - Saul Loeb/AFP ...

To solve such perennial problems in tax administration, the government should task a standing ... Investing in agricultural productivity will boost consumption demand — the factor that is constraining ...

Currently, the Japanese tax-free shopping system is one of the most convenient in the world, with the 10 percent consumption tax deducted right at the point of payment after showing your passport.