Wealth News

Greece To Attract Wealthy With Lump Sum Tax
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, October 18, 2019
The Greek Government will reportedly include a lump sum flat tax in forthcoming tax legislation intended to encourage wealthy foreigners to relocate to Greece. Read Full Story

Sanders Unveils US Wealth Tax
by Mike Godfrey, Tax-News.com Washington
Friday, September 27, 2019
United States Senator Bernie Sanders (D-VT), a leading contender for the Democratic presidential nomination, has proposed a new tax, as well as a series of enforcement measures, targeting America's wealthiest individuals. Read Full Story

OECD Urges International Tax Reform Of Savings, Investments
by Ulrika Lomas, Tax-News.com, Brussels
Friday, April 13, 2018
"While countries do not necessarily need to tax savings more, there is a lot of room to improve the way countries tax savings," according to Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration. Read Full Story

IMF Urges Rebalancing Of Lithuania's Taxes
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, November 21, 2017
The International Monetary Fund has called on Lithuania to consider measures that will shift the emphasis of taxation away from labor and towards wealth. Read Full Story

Landmark UK Tax Court Win For British Expats
by Jason Gorringe, Tax-News.com, London
Tuesday, November 7, 2017
The UK's High Court of Justice has ruled in favor of the taxpayer in a landmark case concerning limits to HM Revenue and Customs's powers to investigate the affairs of UK expats and non-resident persons who have permanently cut ties with the UK. Read Full Story

French PM Decries Wealth Tax
by Ulrika Lomas, Tax-News.com, Brussels
Monday, October 2, 2017
French Prime Minister Edouard Philippe has defended the Government's plans to scale back the country's wealth tax, saying that it has prompted thousands to leave France in recent years. Read Full Story

Le Maire Outlines French Corporate Tax Cut Plans
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, August 31, 2017
French Finance Minister Bruno Le Maire has confirmed that the Government will legislate for several tax measures designed to increase France's tax competitiveness in the upcoming Budget for 2018. Read Full Story

Lithuania's Tax Burden Too Low, Says IMF
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, July 12, 2017
Lithuania should boost tax revenues by improving tax administration processes and repealing special tax schemes, the International Monetary Fund has said. Read Full Story

Brazil's Senate Considers Tax On High Net Worth Individuals
by Mike Godfrey, Tax-News.com, Washington
Thursday, May 11, 2017
Brazil's Senate is considering the introduction of a new wealth tax on high net worth individuals. Read Full Story

IMF Guides On Taxing Wealthy Taxpayers
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, May 9, 2017
The International Monetary Fund has published guidance on how tax authorities can implement effective programs to ensure tax compliance by high-wealth individuals. Read Full Story
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