Taxes on labor income for the average worker across Organisation for Economic Cooperation and Development nations continued to decrease for the third consecutive year during 2016, dropping to 36 percent of labor costs, according to a new report. Read Full Story
Hong Kong has signed agreements with Portugal and South Africa to automatically exchange financial account information in tax matters.Read Full Story
A controversial road charging scheme that neighboring states says discriminates against foreign drivers has passed Germany's upper house of parliament, the Bundesrat.Read Full Story
The United States is to levy anti-dumping duties on exports of carbon and alloy steel plate from Austria, Belgium, France, Germany, Italy, Japan, South Korea, and Taiwan.Read Full Story
The EU member states taking part in the proposed EU financial transactions tax will decide next month whether or not to proceed with the controversial tax, according to Austrian Finance Minister Hans Joerg Schelling.Read Full Story
Belgium should reduce its high corporate income and labor taxes and eliminate value-added tax concessions, the International Monetary Fund has said in its Article IV report for the country.Read Full Story
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