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The EU's Economic and Financial Affairs Council has discussed two new Commission proposals for value-added tax reform. Read Full Story
The European Ombudsman has supported the European Commission's decision to close an infringement complaint against a court ruling concerning the Spanish value-added tax system. Read Full Story
Belgium should reduce its high corporate income and labor taxes and eliminate value-added tax concessions, the International Monetary Fund has said in its Article IV report for the country. Read Full Story
Representatives from the Philippines' major business organizations have expressed support for House Bill No. 4774, which includes measures to make the tax system simple, equitable, and efficient for small taxpayers. Read Full Story
China's legislature, the National People's Congress, on March 15 adopted proposals to ease taxes on businesses by CNY350bn (USD50.7bn). Read Full Story
Israel's Government will cut tax to boost the economy, Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon have said. Read Full Story
There has been confusion in Thailand over remarks made by Prime Minister Prayut Chan-o-cha, after the premier appeared to suggest increasing the seven percent VAT rate to eight percent to boost the government's coffers for the funding of various public projects. Read Full Story
Hungary should improve tax administration and cut back on the number of tax exemptions, the International Monetary Fund has said. Read Full Story
The European Commission has launched a consultation on improving administrative cooperation and increasing efforts to tackle cross-border value-added tax fraud. Read Full Story
Officials in the Philippines have confirmed that a new value-added tax charge on the service fees of money transfer centers will only apply to domestic transactions. Read Full Story
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