Tag Archives: Taxes

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

RIO DE JANEIRO (AP) — Brazil’s finance minister told his peers Thursday at a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion. Fernando Haddad said tax evasion can be resolved through international cooperation so that “these few individuals make their contribution to our societies and …

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Airbnb loses $349 million on Italian tax dispute but posts revenue gain, sees strong demand ahead

Airbnb said Tuesday that it lost $349 million in the fourth quarter due to an income tax settlement with Italy, but bookings and revenue rose, and the short-term rental giant said demand remains strong. The company forecast first-quarter revenue that would meet or beat Wall Street expectations. However, the pace of bookings growth is likely to “moderate” from the fourth …

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