Much has been written about the boost to corporations from lower taxes, but Citi pointed out there are also consequences
Tony Blair is backing one of the most controversial measures raised in Labour’s last manifesto, by supporting a new “land value tax” designed to help solve the housing crisis.
Barclays chairman John McFarlane has said the government's tax revenues will be significantly depleted if the UK does not secure a trade deal with the European Union.
The £100 immediate fine for filing a late tax return will be replaced by a driving licence-style points system.
Philip Hammond is facing renewed calls to unfreeze public sector pay, as fresh analysis suggests the cost to the Treasury would be cushioned by £2.5bn in additional tax revenues and benefits savings.
HSBC has agreed to pay $353m to settle a long-running investigation into tax evasion by French citizens via its private bank in Switzerland, the lender said on Tuesday.
Germany’s Commerzbank has become the target of a tax evasion probe in which several current and former managers are suspected of evading £35.59m in taxes via so-called dividend stripping.
For many Swiss bankers, UBS’s admission in 2009 that it fostered tax evasion -- and the steep penalty that came with it -- was a reason to purge their U.S. accounts.
Over time, JPMorgan Chase will be "boosting jobs and wages more than we otherwise would have" if corporate taxes are cut, the bank's CEO Jamie Dimon said.
A growing number of Wall Street experts remain doubtful that the Republican tax cut proposal is good news for the bull market.
Deutsche Bank's fourth quarter results will take a €1.5bn (£1.3bn) hit as it attempts to wrangle with Donald Trump's corporate tax reforms, it said today, as it warned on revenues.
Bank of America will give some of its employees a $1,000 bonus, citing the tax bill that was just signed into law.
Credit Suisse expects to take a write-down of $2.3bn during its 2017 fourth quarter following changes to the U.S. tax system, the Swiss bank said on Friday. RBS to pay £94 million to settle California mortgage bond claims