2010s
33 entries
Trump Tax Cut 2017
The Tax Cuts and Jobs Act of 2017 was the most significant US tax reform since 1986. The act reduced...
GST India 2017
The Goods and Services Tax launched on July 1, 2017, was the largest tax reform in Indian history. G...
Panama Papers
The Panama Papers were 11.5 million documents leaked from the Panamanian law firm Mossack Fonseca in...
Apple Irish Tax
The European Commission ruled in 2016 that Ireland had given Apple illegal state aid through favorab...
LuxLeaks
LuxLeaks was a scandal involving 28,000 pages of leaked tax rulings from Luxembourg. The documents r...
Carbon Tax Australia
Australia introduced a carbon pricing scheme in 2012 under Prime Minister Julia Gillard. The scheme ...
Sugar Tax Mexico
Mexico implemented a tax on sugar sweetened beverages in 2014, setting a 1 peso per liter tax, appro...
Digital Services Tax
Digital services taxes, or DSTs, are taxes on the revenue of large technology companies. The UK intr...
BEPS Project OECD
The OECD Base Erosion and Profit Shifting project was launched in 2013 to address corporate tax avoi...
FATCA Reporting
The Foreign Account Tax Compliance Act, enacted in 2010, requires foreign financial institutions to ...
CRS Automatic Exchange
The Common Reporting Standard, developed by the OECD in 2014, requires participating countries to au...
Starbucks UK Tax
In 2012, Reuters revealed that Starbucks had paid just 8.6 million in UK corporation tax over 13 yea...
Google Tax Diverted
The Diverted Profits Tax, commonly known as the Google Tax, was introduced in the UK in 2015. The ta...
Mansion Tax UK
The UK mansion tax was a proposed annual tax on properties worth over 2 million, advocated by the Li...
FATCA GATCA Implementation
FATCA went into effect in 2014 after a four year implementation period. Foreign banks invested billi...
Cryptocurrency Tax
The taxation of cryptocurrency varies by country. In the US, the IRS classified cryptocurrency as pr...
Section 301 Tariffs
Section 301 of the Trade Act of 1974 allows the US to impose tariffs on countries that engage in unf...
Robin Hood Tax
The Robin Hood Tax, also called the financial transaction tax or Tobin tax, is a proposed small tax ...
Equifax Data Breach IRS
In 2017, the IRS awarded Equifax a 7.25 million contract to help verify taxpayer identities. This wa...
GST Malaysia
Malaysia introduced GST at 6 percent in 2015 under Prime Minister Najib Razak. The tax replaced the ...
Obama Tax Cut Payroll
The payroll tax cut of 2011 temporarily reduced the employee portion of the Social Security tax from...
SALT Deduction Cap
The Tax Cuts and Jobs Act of 2017 capped the state and local tax SALT deduction at 10,000. Previousl...
Opportunity Zones
Opportunity Zones were created by the Tax Cuts and Jobs Act of 2017 to encourage investment in low i...
Qualified Business Income
The Qualified Business Income deduction, also known as Section 199A or the pass through deduction, w...
Net Investment Income Tax
The Net Investment Income Tax NIIT was enacted as part of the Affordable Care Act in 2010 and took e...
Tax Scams Phone
IRS impersonation phone scams became a major problem starting around 2010. Scammers call taxpayers c...
Tax Identity Theft
Tax identity theft occurs when someone uses a stolen Social Security number to file a fraudulent tax...
Tax Gap Greece
Greece has one of the highest tax evasion rates in the EU. The Greek tax gap was estimated at approx...
Amazon HQ2 Tax Breaks
Amazon announced its second headquarters, HQ2, in 2017, inviting cities to compete with tax incentiv...
Foxconn Wisconsin Tax Deal
In 2017, Foxconn announced a 10 billion display factory in Wisconsin, promoted by President Trump an...
Universal Basic Income Tax
Universal basic income would replace many social programs with a cash payment to every citizen. Fund...
Sugar Tax UK
The UK Soft Drinks Industry Levy, commonly called the sugar tax, was introduced in 2018. The tax cha...
IRS Audits Decline
IRS audit rates have declined dramatically since 2010. The audit rate for individual taxpayers fell ...