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Stories that are tagged 'VAT rates'




ECOFIN Discusses EU VAT Reform Proposals

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 22, 2017

The EU's Economic and Financial Affairs Council has discussed two new Commission proposals for value-added tax reform. Read Full Story

 

Ombudsman Backs EU Judgment On Spanish VAT

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 22, 2017

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 Urged To Undertake Indirect Tax Shift

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 22, 2017

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

 

Filipino Businesses Welcome Income Tax Reforms

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 21, 2017

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

 

Chinese Parliament Approves Tax Cuts For Businesses

by Mary Swire, Tax-News.com, Hong Kong

Monday, March 20, 2017

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

 

Israeli Tax Cut On The Cards

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, March 15, 2017

Israel's Government will cut tax to boost the economy, Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon have said. Read Full Story

 

Thai Government Denies VAT Increase 'Plan'

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 14, 2017

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 Needs Growth Friendly Tax Reforms: IMF

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 13, 2017

Hungary should improve tax administration and cut back on the number of tax exemptions, the International Monetary Fund has said. Read Full Story

 

EU Consults On How To Tackle VAT Fraud

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 3, 2017

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

 

No VAT On Overseas Remittances To Philippines, Gov't Confirms

by Mary Swire, Tax-News.com, Hong Kong

Friday, March 3, 2017

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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