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taxes

Gucci Parent Will Cooperate With French Tax Probe

The Gucci owner rejected allegations of any wrongdoing and said it will cooperate with the French inquiry.

Governments Hunt for Revenue as Covid Surge Continues: The Week Ahead

With economies ravaged by a global pandemic, governments are looking for every possible avenue to bring in…

UK Plans Tax- and Duty-Free Changes in January

The U.K. plans to ax tax-free shopping and change duty-free rules on Jan. 1, much to the dismay of the retail…

Digital Services Tax Could Be Next US Trade War: The Week Ahead

With the U.S.-China trade war unresolved, America seems headed toward another battle, this time with Europe…

France, US Agree to Table Digital Services Tax Throughout 2020

France and the U.S. agreed to hold off collecting new tariffs connected to digital services, giving them the…

Digital Services Tax on the Rise Globally: The Week Ahead

The digital services tax helps countries raise revenues, but retaliatory tariffs could have consumers paying…

Italy Could Use Gucci Tax Deal in Bid to Avoid EU Penalty

Rome may cite revenue from a top luxury brand as evidence it can get its house in order and avoid a…

Gucci Owner Owes $1.6 Billion in Taxes to Italy, Audit Finds

Kering SA, the French owner of the Gucci luxury brand, owes about 1.4 billion euros ($1.6 billion) to Italy…

Nike Under Fire in the EU Over Tax Deals

Nike and the Dutch Ministry of Finance are being investigated by the European Commission over allegedly…

After Trump’s HealthCare Strike Out, Tax Reform is on Deck

With healthcare DOA, the President Trump has now vowed to focus on tax reform—an issue that many have said is…

Trump Drops Another Hint About the Border Adjustment Tax

Will he or won't he? That's the question everyone's been asking regarding President Trump and an endorsement…

Can Trump Stimulate US Apparel Manufacturing?

Whether it's the Republican's border adjustment tax or the President-elect's proposed import tariffs, change…

Tax Reform, Import Tariffs Threaten the Fabric of the Apparel Industry

We may still be on the eve of Donald Trump's inauguration as the 45th president of the United States, but the…

Supreme Court Lets Colorado Online Tax Law Stand

  Online shoppers may no longer be able to skirt state sales taxes thanks to a recent action by the U.S…

England Councils Propose ‘Tesco Tax’ on Big Retailers

Twenty local councils across England have proposed a government tax on large supermarkets, in order to…