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Stories that are tagged 'Value Added Tax (VAT)'




EU Warns Ireland Over Tax Base

by Jason Gorringe, Tax-news.com, London

Last updated 15 hours ago | Tuesday, May 23, 2017

The European Commission has recommended that Ireland broaden its tax base and said that a balanced composition of different tax sources would help improve revenue stability. Read Full Story

 

Alarm After Drop In Irish Revenues, Buoyed Only By VAT

by Jason Gorringe, Tax-news.com, London

Last updated 39 hours ago | Monday, May 22, 2017

Irish Finance Minister Michael Noonan has said that Ireland "will not have the overrun in tax receipts" seen over the past two years, but he remains hopeful that the circumstances leading to a drop in Universal Social Charge receipts will "right themselves." Read Full Story

 

Mexican, Israeli Customs Authorities Sign Cooperation Deal

by Mike Godfrey, Tax-News.com, Washington

Last updated 39 hours ago | Monday, May 22, 2017

Mexico and Israel have signed an agreement for their customs authorities to collaborate on tax and trade issues. Read Full Story

 

UK Conservative Party Would Hike Income Tax Bands

by Amanda Banks, Tax-News.com, London

Friday, May 19, 2017

The ruling Conservative Party in the UK has said it would increase the middle income tax bracket and the tax-exempt threshold if reelected. Read Full Story

 

Spain Sets Out Rules For Real-Time Reporting For VAT

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 19, 2017

On May 15, Order HFP 417/2017 was published in Spain's Official Gazette, setting out in great detail (in Spanish) the rules for the new framework that will be introduced from July 1, 2017, to enable the tax agency to better track transactions liable to value-added tax. Read Full Story

 

Filipino Tax Reform Would Plug VAT Leakages, DoF Says

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

Friday, May 19, 2017

The Philippines hopes to rein in value-added tax breaks, which are costing the Government an estimated PHP90.7bn (USD1.82bn) a year, the Department of Finance has said. Read Full Story

 

Labour Planning Largest UK Tax Burden Since 1940s: IEA

by Amanda Banks, Tax-News.com, London

Thursday, May 18, 2017

The plans from Labour, the largest opposition party in the UK, to raise taxes would establish the highest tax burden since the 1940s, says the Institute of Economic Affairs. Read Full Story

 

Hungary Rejects IMF Call For Real Estate Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 17, 2017

Hungary should introduce a modern real estate tax over the medium term, the International Monetary Fund has said. Read Full Story

 

Costa Rica Expected To Keep Rate For New VAT At 13 Percent

by Mike Godfrey, Tax-News.com, Washington

Wednesday, May 17, 2017

Costa Rica may opt for a lower value-added tax rate when it implements the levy. Read Full Story

 

Australian Tax Agency Pursuing Unreported Income From Gangs

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

Wednesday, May 17, 2017

The Australian Taxation Office has participated in a "week of action" in which it targeted tax evasion among motorcycle gangs. Read Full Story

 

 

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