The number of millionaires in the UK fell to 442,000 in 2023, the lowest level since…
Tag: Tax Policy
India confirms 12.5% LTCG tax applies to FPIs, no exemption
The Indian government confirmed that Foreign Portfolio Investors (FPIs) are not exempt from the 12.5% long-term…
Singapore considers hedge fund tax cuts amid competition
Singapore's Monetary Authority (MAS) is in discussions to reduce taxes for hedge fund managers as part…
Warren Criticizes Trump’s Bill for $1 Trillion Tax Breaks
Senator Elizabeth Warren (D-Mass.) criticized President Donald Trump’s "Big Beautiful Bill" on Saturday, claiming it provides…
CBI Chief Warns Burnham Against Tax Speculation This Summer
Rain Newton-Smith, the chief executive of the Confederation of British Industry (CBI), cautioned Andy Burnham against…
UK Thinktank Opposes Tax Cuts to Boost Youth Employment
The Resolution Foundation has advised the UK government against reversing recent employment tax increases, arguing that…
Australia’s Property Market Faces Decline Amid Tax Overhaul
Australia's property market is experiencing a significant downturn as clearance rates drop below 50% following the…
Hong Kong Unveils New Tax Plan to Attract Corporate Treasury Centres
Hong Kong's government has announced a new action plan aimed at attracting corporate treasury centres (CTCs)…