The EU member states taking part in the proposed EU financial transactions tax will decide next month whether or not to proceed with the controversial tax, according to Austrian Finance Minister Hans Joerg Schelling.Read Full Story
Erste Group, one of the largest financial institutions in Central and Eastern Europe, has said its bank tax payments almost tripled in 2016 as a result of a change to Austrian tax law. Read Full Story
Slovakia could generate an additional 0.9 percent of GDP in tax revenues by bringing the efficiency of its value-added tax system into line with the EU average, the International Monetary Fund has said in its Article IV report. Read Full Story
Belgian pension funds have urged the Government to withdraw from the proposed European Union financial transaction tax, warning that the tax could "devastate" the industry.Read Full Story
The tax-to-GDP ratio in the European Union remained stable in 2015, while the ratio in the Eurozone was down slightly on the previous year. Read Full Story
The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015.Read Full Story
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