Keywords: Taxation
Elon Musk has described the prospect of US public debt reaching $50 trillion as a serious warning for the American economy, endorsing a social media post that predicted severe consequences if government borrowing continues to rise. The SpaceX chief responded on X to a post featuring a chart projecting......
Russian donors have contributed billions of dollars to the federal budget this year as the government faces rising costs linked to the war in Ukraine and growing pressure on public finances. According to Russian media reports citing the Finance Ministry, donations to Russia's federal budget reached......
West Africa is expected to maintain relatively strong economic momentum in 2026 despite persistent uncertainty in the global economy. According to projections from the African Development Bank (AfDB), regional economic growth is forecast to reach 4.6% this year, following estimated growth of 4.8% in......
Nigeria's latest effort to expand its tax base has triggered concern across the country's cryptocurrency sector, with industry participants warning that new levies on digital asset transactions could slow adoption in one of the world's most active retail crypto markets. The measures form......
Morocco has joined the ranks of nations with the highest corporate income tax rates worldwide after raising its statutory corporate tax rate by one percentage point to 35 percent, according to the latest Corporate Tax Statistics 2026 report published by the Organisation for Economic Co-operation and......
Users of paid artificial intelligence services in Morocco could soon see changes to their subscription invoices, as OpenAI, the company behind ChatGPT, has reportedly notified some customers that local taxes may be added to future payments starting August 1, 2026. The move is linked to Morocco's......
Steel giant ArcelorMittal and several of its French subsidiaries have been subject to multiple tax adjustments following audits by French tax authorities, according to corporate documents and company statements. The group said it had challenged the assessments but confirmed that no tax disputes remain......
Newly appointed UK Prime Minister Andy Burnham has pledged to maintain a cautious approach to economic management, promising not to take unnecessary risks while seeking to ease pressure on households facing persistent cost-of-living challenges. Speaking on Monday after taking office at 10 Downing Street......
The 11th African Tax Symposium concluded in Rabat after three days of discussions focused on the future of international taxation and Africa’s position in shaping global fiscal rules. Experts, public officials and economic actors gathered under the theme “International tax trends, an African......
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