UK and Hungary governments launched windfall taxes

The governments of the UK and Hungary launched windfall taxes to tackle the rises in living costs because of soaring energy prices.

In the UK, chancellor Rishi Sunak announced a 25 per cent energy profit levy, which increased taxes Read more

International corporations face potentially higher tax rates

International corporations face potentially higher tax rates as the OECD agreed a new minimum 15 per cent rate from 2023.

The OECD aims to ensure that large businesses pay tax where they operate and generate profits. Today, many Read more