taxes

The Powerball jackpot in the US is setting an all-time world record, reaching $1.6 billion, the largest amount ever awarded by any lottery or game of chance. In the past thirty-nine Powerball drawings, no one has been lucky enough to...

On Wednesday, the EU unveiled proposals to tax energy firms by up to $140 billion euros ($141 billion) to alleviate the burden of soaring prices for households and businesses across the bloc. EU chief Ursula von der Leyen presented the...

Taxation in ancient Greece was much different than any modern system. It's difficult to imagine now, but, in ancient Greece, the richest of the rich actually competed to pay the most in taxes. Direct taxation paid to the government at...

In ancient Athens, only the very wealthiest people paid direct taxes, and these went to fund the city-state’s most important national expenses—the navy and honors for the gods. While today it might sound astonishing, most of these top taxpayers...

Tesla CEO Elon Musk has made a number of unusual and even outlandish claims over the years, but his claim that he would "pay more taxes than any American in history this year" ruffled some feathers. Is this claim true?...

Credit Suisse managed accounts for clients involved in corruption and drug trafficking, Sunday's "Suisse Secrets" data leak showed. A self-described whistle-blower leaked data on more than 18,000 bank accounts, collectively holding more than $100 billion, to the German newspaper Süddeutsche...

Greece's PM Kyriakos Mitsotakis announced on Wednesday that he plans to permanently reduce the unpopular property tax, ENFIA, by 13 percent. "We are moving forward to a new brave permanent reduction of ENFIA by 13%. We continue to cover part...

Elon Musk announced via Twitter on Monday that he will be paying over $11 billion in taxes for 2021. "For those wondering, I will pay over $11 billion in taxes this year," Musk wrote. Half a million people have since...

Tax havens are characterized by applying a tax regime that is especially favorable to non-resident citizens and companies.

Authorities have seized 338 million illegally smuggled cigarettes at the port of Pireas, Greece according to an announcement on Friday.