Keywords: Tax
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......
The South Korean National Tax Service (NTS) announced that 49 foreign nationals are currently under investigation for tax fraud related to the acquisition or ownership of high-value real estate without paying the applicable taxes. Twelve nationalities are represented among the suspects, with nearly......
Morocco’s tax amnesty program significantly slowed the growth of cash in circulation in 2024, according to Bank Al-Maghrib’s (BAM) annual financial report. The initiative, launched by the General Directorate of Taxes, reduced the growth rate of banknotes and coins in circulation to 8%, down......
Spain’s Beckham Law, offering a flat 24 percent tax rate for eligible foreigners, has long attracted international professionals and investors. However, recent scrutiny and legal challenges have led many to explore other legitimate tax-saving options. Here’s a look at some of the alternatives......
The Sanseito party, a far-right political movement that began on YouTube, has emerged as a surprising force in Japan’s latest upper house elections, drawing national attention with its hardline stance on immigration and populist economic pledges. Campaigning under the slogan "Japanese First,"......
Fuel prices in Lebanon saw a significant decline on Friday, July 18, 2025, after the Lebanese State Council suspended a controversial fuel tax increase approved earlier this year by the government of Prime Minister Nawaf Salam. The decision led to a decrease of approximately 100,000 Lebanese pounds......
Morocco’s tax revenues surged by 25.1 billion dirhams by the end of June 2025, marking a 16.6% increase compared to the same period in 2024. The announcement was made by Fouzi Lekjaa, Minister Delegate in charge of the Budget, during a parliamentary session on Monday. The minister attributed......
Residents of Valencia, Alicante, and the rest of La Comunitat Valenciana will see significant tax reforms in 2025, impacting wealth tax, inheritance and gift tax, property transfer tax, and personal income tax. These changes, introduced by the right-wing coalition of PP and Vox, aim to bring financial......
The passage of the "Big Beautiful Bill" on Thursday cemented former President Donald Trump's dominance over the Republican Party. Despite internal dissent, Trump managed to rally his party behind the sweeping legislation, which is projected to add trillions to the national debt while implementing......
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