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  • Gaza: The United Arab Emirates Continues Major Humanitarian Efforts Amid Regional Chaos
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  • Book Review: ‘From Life Itself,’ by Suzy Hansen
  • Men's boxing pound-for-pound rankings: New No. 1; …
Shorouk Express – Global News, Geopolitics & Economic Analysis

Shorouk Express – Global News, Geopolitics & Economic Analysis

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  • Tax
  • Page 5

Tax

  • Europe

G7 exempts US from applying minimum tax deal

Isaac Hammouch11 months ago02 mins

Shorouk Express The agreement comes as the EU and the U.S. are locked in high-stakes trade talks ahead of a July 9 deadline, when U.S. President Donald Trump has threatened to jack up tariffs on European goods to as high as 50 percent if no deal is reached. In a sign of détente, the EU,…

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  • Europe

Starmer expected to announce £2bn welfare concessions sparking tax rise fears

Isaac Hammouch11 months ago06 mins

Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Sir Keir Starmer is expected to announce major concessions on his controversial welfare cuts as concerns grow the government will need to raise taxes…

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  • Europe

Starmer leaves door open for tax rises to fund rise in defence spending

Isaac Hammouch11 months ago05 mins

Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Sir Keir Starmer has left the door open for tax rises in order to pay for mammoth increases to defence spending, amid growing questions…

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  • Europe

UK could face up to £30bn of tax rises to fund defence spending boost, economist says

Isaac Hammouch11 months ago04 mins

Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Rachel Reeves could be forced to raise up to £30bn through tax rises or funding cuts as the chancellor seeks to meet Labour’s pledge…

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  • Europe

Reeves warned pensioners face tax ‘nightmare’ over winter fuel payments

Isaac Hammouch11 months ago04 mins

Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Questions have been raised over Rachel Reeves’ winter fuel U-turn after it emerged the government plans to reinstate the payments for all pensioners before…

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  • Europe

John Healey fails to rule out tax rises to fund defence spending uplift

Isaac Hammouch11 months ago05 mins

Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email The defence secretary has failed to rule out tax rises to pay for Britain’s “war readiness” amid concerns that the government does not have…

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  • Europe

Azerbaijan’s Nakhchivan records elevation in tax revenues in 4M2025

Isaac Hammouch1 year ago01 mins

Shorouk Express Economy Materials 13 May 2025 06:16 (UTC +04:00) Revenues collected by the Nakhchivan State Tax Service and deposited into the Azerbaijani budget surpassed 77.3 million manat ($45.47 million) between January and April. The previous year’s total was 14.5 million manat ($8.47 million), so this is a 22.8 percent rise. The public…

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  • Europe

Which regions in Spain have the best wealth tax conditions?

Isaac Hammouch1 year ago04 mins

Shorouk Express Spain’s wealth tax is largely run on a regional level, with autonomous communities able to offer discounts and exemptions to favour those paying it. This is what high-income foreigners should keep in mind. In Spain there’s a wealth tax – el impuesto de patrimonio in Spanish – which is levied on those with…

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  • Europe

Everything you need to know about Spain’s wealth tax

Isaac Hammouch1 year ago04 mins

Shorouk Express If you have large assets and are either a resident or non-resident in Spain, you could be subject to paying wealth tax. Here’s what you need to know about it, from who pays it, how the tax is levied, how much it is and how it could be scrapped soon. Whether you’re a…

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  • Europe

More foreigners moving to Balearics but not paying tax, Spain’s tax agency says

Isaac Hammouch1 year ago03 mins

Shorouk Express Foreigners are increasingly moving to Spain’s Balearic Islands but not paying their fair share of taxes as residents, the country’s tax authorities have warned. The Spanish tax authorities are monitoring a growing number of foreigners moving to and living in the Balearic Islands without paying income tax as residents. This is according to…

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