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EU takes France, Luexmbourg to court over ebook tax rates

The European Commission said Thursday it was taking France and Luxembourg to court for illegally reducing the sales tax levied on electronic or e-books. The Commission said the law was very clear on the rates of sales tax (VAT) which must be set by EU member states and on what exemptions and reductions were available. France has levied a VAT rate of 7.0 percent on sales of electronic books since January 2012, well short of the full 19.6 percent which should be levied, the Commission said.

Technology whizz kid tackles Greek tax evasion

* Greece appoints tax chief with IT experience to boost collection * Theoharis must fight "astonishing" tax evasion * Four in 10 declare themselves poor, twice as many as in reality By Harry Papachristou ATHENS, Feb 15 (Reuters) - Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "I.T. monkey".

UPDATE 2-U.S. business group backs higher gas tax to fix highway system

* Chamber of Commerce: spending on roads a good investment * U.S. in danger of falling behind rest of world -congressman (Adds detail on money raised by gasoline tax) By Doug Palmer WASHINGTON, Feb 13 (Reuters) - A leading U.S. business group on Wednesday threw its support behind the politically unpopular idea of raising the federal gasoline tax to help fund trillions of dollars in projected U.S. infrastructure needs.

UPDATE 2-China OKs sweeping tax reforms to tackle inequality

(Adds details, quotes, writes through) By Lucy Hornby and Xiaoyi Shao BEIJING, Feb 5 (Reuters) - China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor. The plans approved by the State Council - China's cabinet - also included commitments to push forward market-oriented interest rate reforms to give savers a better return and more security.

UPDATE 2-Obama might back territorial tax system -business chief

* Corporations want tax break on offshore income * White House has wavered in past on regime type * Tax code overhaul fate murky with crowded agenda By Kim Dixon WASHINGTON, Jan 31 (Reuters) - The chief of a group of more than 200 CEOs said on Thursday that President Barack Obama had told the business community last month he might back a territorial tax system, a regime that would exempt offshore corporate profits from U.S. taxation.

British PM says G8 must focus on tax

DAVOS, Switzerland, Jan 24 (Reuters) - British Prime Minister David Cameron said on Thursday the Group of Eight industrialised countries should focus on countering corporate tax evasion and aggressive tax avoidance. "I am a low-tax conservative but I'm not a companies-should-pay-no-tax Conservative," Cameron said in a speech at the World Economic Forum in Davos. "Individuals and businesses must pay their fair share."

INTERVIEW-French veteran seeks British jobs boost with VAT cut

By Neil Maidment LONDON, Jan 17 (Reuters) - Frenchman Jacques Borel's opponents have ranged from the Nazi secret police to compatriots angered by his move to bring fast food to the home of fine dining. Now the 85-year-old is in Britain, leading a campaign to cut tax for pubs and restaurants.

FACTBOX-How UK retailers fared over Christmas

(Adds Carphone Warehouse, WH Smith) LONDON, Jan 25 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012. Following is a summary of how they fared in the Christmas trading period: RETAILER/RIC/PERFORMANCE SECTOR Asscoiated British Foods Clothing/Food Primark sales in 16 weeks to Jan. 5 up 25 pct ASOS Fashion Retail sales in month of Dec.

FACTBOX-How UK retailers fared over Christmas

(Adds Burberry, Co-operative Group, Halfords, Moss Bros, Ocado) LONDON, Jan 15 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012. Following is a summary of how they fared in the Christmas trading period. RETAILER/RIC/PERFORMANCE SECTOR Burberry Sales up 9 pct in 3 months to Dec. Luxury goods 31. Co-operative Group like-for-like sales, Food inc VAT, ex fuel, up 2.2 pct in 3 weeks to Jan. 5.

FACTBOX-How UK retailers fared over Christmas

LONDON, Jan 9 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012. Following is a summary of how they fared in the Christmas trading period. RETAILER/RIC/PERFORMANCE SECTOR Debenhams Department store Like-for-like sales up 5.0 pct in 5 weeks to Jan. 5. Domino's Pizza Group Food
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