tax

The dollar enjoyed a tentative recovery on Tuesday while the yen sagged. more...

The European Commission is out with a proposal today that would tax any financial transaction where at least one party involved is located in the EU. According to the proposal, the tax would go into effect in January 2014 and could raise $57 billion euros each year. Rich Repetto, of Sandler...

As European markets fell Wednesday immediately after European Commission President Jose Manuel Barroso confirmed plans for a financial transaction tax, the idea was met with scorn in some quarters. more...

Greek lawmakers approved an unpopular property tax law that is crucial to a new austerity campaign the government has proposed so it can meet the terms of its international bailout and continue receiving aid funds. more...

Greece is expected to approve an unpopular property tax on Tuesday, prompting all kinds of strikes in retaliation — from transit workers to tax collectors. more...

CNBC's Carolin Schober has the story on Greece's tax to plug its shortfall as the country continues to run out of cash. more...

Some of France's richest people, including the billionaire heiress of L'Oreal and the head of oil giant Total, urged the government on Tuesday to tax them more to help to solve the country's financial problems. more...

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"There are lots of arguments against any tax, as we know. On the other hand, even a free marketer like me worries transacting has become so costless, so instant that it has become destabilising," Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC. more...

"We have talked about this before and we could be talking about it [a Tobin tax] for years to come. We don't know if this is going to gain momentum but if it does the presumably the Swiss will have to follow suit," Jane Foley, senior currency strategist at Rabobank told CNBC. "The UK would...

Italy has one of the highest savings rates in the OECD and holds considerable household wealth. In fact, the country's household wealth is five times as high as the country's gross domestic product (GDP). None of this appears to add up with the country's miserable public finances. more...

The US Federal Reserve managed to spark a stock rally on Tuesday, but some economists are now left wondering if it will take tax cuts to inject real life into the broader US economy. more...

Banks and foreign governments are mounting an increasingly desperate push against a sweeping US tax law that will force overseas institutions to report their American clients to the Internal Revenue Service, reported the FT. more...

The Greek government expects parliament to vote on its medium-term austerity plan, a condition of a new international bailout, by the end of June, a senior government official said on Tuesday. more...

As the race for a new bailout for Greece continues, one of the main bones of contention between opposition politicians and the Greek government is tax. more...