Saturday, Feb 22 2020 | Time 18:48 Hrs(IST)
  • Ranji Trophy, QF: Gujarat dominate, Saurashtra in command against Andhra
  • Internet, social media have democratised journalism, but brought many anxieties: Prez
  • Nirbhaya case: Convict Vinay Sharma's plea nixed
  • Capable of contesting Aurangabad municipal polls alone: Congress
  • Gaping digital divide in Commonwealth: Study
  • Delray Beach Open: Sharan-Sitak lose to Bryan brothers in quarterfinal
  • PM Modi not accompanying President Trump to Agra, Defence, security, energy tie ups likely
  • Privacy rights cannot be for protection of terrorists, corrupt: Prasad
  • Cong accuses Modi Govt of waiving off Rs 8 lakh crore of big capitals, demands to reveal names
  • PM to distribute mobility aids to Divyangs in Prayagraj on Feb 29
  • Top-seed Halep eases past Brady to reach Dubai final
  • Mah: AAP launches mega drive to share info of Delhi development model
  • Over 200 militants still active in Kashmir, 25 killed in 12 operations since Jan in J&K: DGP
  • 100 in fray for Asian Triathlon tomorrow, Sr Natls to be held concurrently

France to push for an end to all tax havens

Dubai, Feb 11 (UNI) France will work with the G7 countries to deliberate legislation to put an end to the existence of zero-tax havens around the world, according to the country's Minister of Economy and Finance, Bruno La Mer.

“Zero tax havens are unacceptable,” said La Mer in an impassioned speech at the 7th annual World Government Summit here.

France hosts the G7 presidency this year, and in meetings to be held in March, La Mer said President Emmanuel Macron would take the opportunity to push for a minimum corporate tax rate at economies around the world.

“We need an effective corporate tax because some companies are located in tax havens but operate subsidiaries in France thus circumventing any and all tax,” he said.

“France wants fair taxation of internet giants.

We can’t fund public goods without fair taxation of digital activities. And taxing SMEs cant make up for the richest companies in the world. So we hope to have a solution by March,” news portal ArabianBusiness quoted him as saying.

La Mer also added that France would continue to push for social reforms in its bid to position itself as Europe’s leading economy.

“We will remain determined to enact even more social reforms to make it a more attractive place for investment in Europe. We want to be Europe’s leader,” he said, acknowledging that France was facing “a social crisis at the moment” because of populist protests around the country in response to Macron’s implementation of social fiscal reforms.


More News
Flash flood claims seven lives in Indonesia

Flash flood claims seven lives in Indonesia

22 Feb 2020 | 10:41 AM

Jakarta, Indonesia, Feb 22(UNI) As many as seven people died and 23 injured in a flash flood in Indonesia's Yogyakarta province, state disaster agency said on Saturday.

see more..
Road accident claims eight lives in Mexico

Road accident claims eight lives in Mexico

22 Feb 2020 | 8:40 AM

Mexico City, Feb 22 (UNI) As many as eight people, including two women, were killed and six injured after a van collided with a tractor-trailer in the northern Mexican state of Durango, local authorities said.

see more..

Indonesia: Min urges rich to marry poor to 'alleviate' poverty

21 Feb 2020 | 11:19 PM

Jakarta, Feb 21 (UNI) An Indonesian Minister has come up with an innovative solution to the country's poverty, suggesting that the rich people of the country should take the initiative to marry the poor, so as to reduce the nation's poverty rate.

see more..
India Networking Gala organised at 70th Berlin International Film Festival

India Networking Gala organised at 70th Berlin International Film Festival

21 Feb 2020 | 8:05 PM

Berlin, Feb 21 (UNI) On opening day of the Berlin International Film Festival, Ministry of Information and Broadcasting in collaboration with Confederation of Indian Industry (CII) hosted India Networking Reception at Berlinale 2020.

see more..
Trump complains about India's high tariffs

Trump complains about India's high tariffs

21 Feb 2020 | 7:56 PM

New Delhi (UNI) Prior to his maiden visit President Trump tweeted and complained that India has been hitting the US "very hard" on trade with high tariffs for many years and will "talk business" with Prime Minister Narendra Modi to promote American products.

see more..