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Osborne plans could trigger EU tax war

British plans to considerably lower corporate tax have drawn first reactions from political leaders across the EU. Surely no one wants to be at a disadvantage when it comes to luring companies, or keeping them.

Deutsche Welle

Abe delays plan for tax hike in Japan

Japan’s prime minister Shinzo Abe will delay a controversial increase in sales tax due to concerns for the country’s fragile economy. The move is a blow to his economic policy aimed at boosting growth and inflation.

Deutsche Welle

Egypt gas agreements: from production sharing to tax/royalty

All oil exploration and production concession agreements in Egypt have been operating according to Production Sharing Agreements since 1973. This was a shift from the tax/royalty system towards equal sharing agreements concluded between the government, represented by the Egyptian General Petroleum Corporation (EGPC), and foreign companies, with a view to reduce the pressure on the …

Nagy Iskander