Irish corporate tax system most efficient in Europe, study says

Ireland has the most efficient corporate tax system in Europe with the least red tape, according to a study from PwC and the World Bank. The report found that the effective corporate tax rate in Ireland – the amount of tax paid as a percentage of profits – was 12.4...

Food ministry recommends raising edible oil import taxes

(Reuters) – India’s food ministry wants to double the import tax on crude edible oils and raise that on refined oils by 50 percent, but is waiting for other ministries to give their views before passing its recommendation to the cabinet, the food minister...

Apple ‘forced sweetheart tax deal with jobs threat’

Carl Levin, a powerful member of the US Senate, said yesterday that the tax rate levied on the computer giant was based on what it was prepared to accept. The comments came after the European Commission (EC) accused Ireland of striking a tax arrangement with Apple...